Property score
74.9
Good
Overall 74.9 · Newer than most nearby homes
1,531 sqft (top 34%) · Built in 2014 (39 yrs newer than avg)
Located in a above-average income area with median household income of ~77k
Transit 74.0 · 3-min walk to transit with 2 nearby routes · Within 500m: 1 school, 1 healthcare facility, 1 shop, and 2 parks nearby
Living Area
Near average
10% larger than neighborhood avg.
Year Built
Above average
39 yrs newer than neighborhood avg.
Mother tongue
English · 78%Tagalog · 4%
Past 10 years Varsity View sales snapshot (~80% of all data)
281
492k
$398/sqft
1975
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74.9 is composed by the two sections below.
Property Score
Community Score
Varsity View
How to read: Share of sales in each ~$50k price band for “varsity view” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.
Sales-to-New-Listings
1,196
sold
1,852
new listings
Manitoba Real Estate Association March public data on New Listings and Properties Sold across Manitoba
Sold Above Asking
Majority sold above asking
68 of 104 sold above asking · Manually compiled from MLS Winnipeg sold listings, May 4 – May 10, 2026
With a Sales-to-New-Listings ratio of 64.6% and 65% of homes selling above asking price, demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110349
$77K
Median household income
$79K
Average household income
6%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.4
P90 / P10 ratio
41%
Single-person households
19%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
To see this property on a map next to nearby houses—and compare year built, living area, assessed value, and lot size in detail—open the neighbourhood analysis page.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
251 Princeton Boulevard — 6 amenities found within 500 m, across 5 categories, including 1 education (nearest 317 m), 1 healthcare (nearest 308 m), 1 shopping (nearest 348 m).
Varsity View · WPS public data · 2026
Annual incidents
6
2026
vs. city avg
-80%
relative to avg
Year-over-year
▼ -93%
vs. prior year
Primary type
Property
83%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 20% | Top 11% | Top 8% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 251 Princeton Boulevard
Section 1: Key Characteristics & Appeal
This is a modern, well-situated single-family home in Varsity View. Built in 2014, it offers the benefits of a relatively new build with minimal immediate maintenance concerns. Its key strength lies in its above-average proportions across the board: a spacious 1,531 sqft of living space, a large 8,678 sqft lot, and a finished basement, all contributing to its high percentile rankings within the community and city. The home’s assessed value has risen significantly since its 2021 sale, indicating strong market recognition.
The appeal is grounded in offering a balanced, move-in-ready package for those seeking space, modernity, and a quiet neighbourhood. It suits growing families or professionals who want room to breathe without the upkeep of an older home, and who value the stability and potential of a property that consistently performs well in comparative metrics. A less obvious perspective is its appeal to data-driven buyers; the home’s standout rankings for lot size, age, and assessed value in a desirable area like Varsity View present a compelling, numbers-backed case for its long-term value retention.
Section 2: Frequently Asked Questions
1. How does the finished basement impact the living space?
The finished basement adds usable square footage beyond the main floor's 1,531 sqft, effectively increasing the home’s functional space for recreation, guests, or a home office. It’s a key feature that enhances livability without increasing the property’s official listed living area.
2. The home sold for $588,000 in 2021 and is now assessed at $642,000. What does this mean?
The increase in assessed value reflects market appreciation and the city’s valuation of the property. It suggests strong growth, but the eventual sale price will be determined by current market conditions. It’s a positive indicator of the home’s perceived value growth over three years.
3. What do the percentile rankings (e.g., "top 9% in Winnipeg") actually tell me?
These rankings compare this specific property against others on its street, in Varsity View, and across all of Winnipeg for metrics like lot size and age. Consistently high rankings (like top 10%) confirm that its core attributes are superior to most comparable properties, offering a data-driven snapshot of its competitive standing.
4. Is the large lot size a major advantage?
Yes. An 8,678 sqft lot in this neighbourhood is a significant asset, offering ample outdoor space for gardening, play, or future additions like a deck or shed. It provides a sense of privacy and room that is increasingly rare, especially in newer subdivisions.
5. Who would this home NOT be ideal for?
It may not suit buyers seeking a historic character home or those wanting a brand-new, custom-built property. Additionally, the very features that make it spacious—like the large lot—require a willingness for yard maintenance, which might not appeal to those seeking a ultra-low-maintenance lifestyle.
