253 Varsity View Drive

Varsity View, Winnipeg

Property score

72.4

Good

Overall 72.4 · Compared with neighbourhood average

1,318 sqft (top 46%) · Built in 1967 (8 yrs older than avg)

Located in a high-income area with median household income of ~91k

Transit 62.0 · 3-min walk to transit with 1 nearby route · Within 500m: 1 school, 1 healthcare facility, 1 shop, and 2 parks nearby

Living Area

Near average

5% smaller than neighborhood avg.

Year Built

Below average

8 yrs older than neighborhood avg.

Mother tongue

English · 80%French · 3%

Past 10 years Varsity View sales snapshot (~80% of all data)

Sold Count

281

Median price

492k

$/sqft

$398/sqft

Avg build year

1975

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Property score

72.4 is composed by the two sections below.

Property Score

66.2Good
Living Area1,318 sqft71Good
Year Built196752Fair
Lot Size5,921 sqft74Good
Neighbourhood Sales Activity42Low

Community Score

81.7Excellent
Household Income81Excellent
Education Level72Good
Housing Stress100Excellent
Core Housing Need100Excellent
Employment Health68Good

Neighbourhood Sales

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110348

Community deep dive

$91K

Median household income

$105K

Average household income

6%

Low income (LIM-AT)

0.2

Income inequality (Gini)

3.2

P90 / P10 ratio

26%

Single-person households

26%

Families with children

Population, labour & age

Population (2021)392
Labour force participation rate62%
Median age48.4
Avg household size2.3
Unemployment rate4%
Population density1866 / km²

Households & income

Low income (LIM-AT, % pop.)6%
Single-person households26%
Couple families with children26%
Median household income (2020)$91K

Housing

Renter households5%
Condominium dwellings0%
Median dwelling value (owners)$348K

Diversity, education & language

Immigrants (share of pop.)13%
Visible minority8%
Bachelor's or higher (25–64)37%
Mother tongue (1st)English · 79%
Mother tongue (2nd)French · 2%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

above average
1,318 sqft
0255075100
Same streetTop 23%Same areaTop 46%CitywideTop 41%
Same street · Varsity View Drive
#3 / 13
Top 23% · Avg 1,149 sqft
Same area · Varsity View
#390 / 848
Top 46% · Avg 1,387 sqft
Citywide · Winnipeg
#78,781 / 194,458
Top 41% · Avg 1,342 sqft

Tax-Assessed Value

around average
408k
0255075100
Same streetTop 31%Same areaTop 49%CitywideTop 36%
Same street · Varsity View Drive
#4 / 13
Top 31% · Avg 350.1k
Same area · Varsity View
#415 / 848
Top 49% · Avg 444.7k
Citywide · Winnipeg
#70,801 / 194,458
Top 36% · Avg 390.1k

Year Built

around average
1967
0255075100
Same streetBottom 31%Same areaBottom 31%CitywideBottom 49%

Lot Size

around average
5,921 sqft
0255075100
Same streetTop 38%Same areaBottom 25%CitywideTop 35%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

253 Varsity View Drive — 6 amenities found within 500 m, across 5 categories, including 1 education (nearest 403 m), 1 healthcare (nearest 282 m), 1 shopping (nearest 280 m).

Search radius
🏫Education1
🏥Healthcare1
🛒Shopping1
🌳Parks2
Worship1

Crime & Safety

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%

Sales History

253 Varsity View Drive: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.

Related homes

Highlights & common questions: 253 Varsity View Drive, Winnipeg

Property Overview

This 1967 one-storey home in Varsity View offers a practical layout on a generous, mature lot. Its key appeal lies in a combination of space, location, and established character. The 1,318 sqft living area is above average for its immediate street and neighborhood, providing comfortable room for daily life. A significant feature is the finished basement, which adds flexible space for recreation, a home office, or guests. The property includes both attached and detached garage options, a notable utility for storage or workshop needs. The lot size of nearly 6,000 sqft is a standout, offering ample outdoor privacy and potential in a central area.

This home is well-suited for buyers seeking a solid, move-in-ready property without the premium of a new build. It would particularly appeal to small families, downsizers looking for single-level living without sacrificing yard space, or investors attracted by its strong rental location near the University of Manitoba. The rankings indicate it outperforms many local comparables in terms of living space and assessed value, suggesting a well-maintained home in a desirable setting. Its enduring appeal is less about modern flash and more about proven livability, a large yard, and the stability of an established, tree-lined community.


Frequently Asked Questions

1. What is the significance of the provided rankings?
The rankings show how this property compares to others on its street, in Varsity View, and across all of Winnipeg. For example, its living area is larger than 77% of homes on its street and 62% city-wide, indicating above-average interior space for the area.

2. Is the finished basement included in the 1,318 sqft living area?
Typically, the listed "居住面积" (Living Area) refers to above-grade square footage. The finished basement is an additional bonus space, adding to the home's usable area beyond the main floor's 1,318 sqft.

3. What are the advantages of a 1967-built home?
Homes from this era often feature larger lot sizes, mature trees, and straightforward, functional floor plans. Construction tends to be robust, though a thorough inspection is always advised to understand the condition of major systems like roof, plumbing, and wiring.

4. The home has both an attached and detached garage. How does this work?
This configuration offers excellent flexibility. The attached garage provides convenient, direct access to the home, while the detached garage can serve as a dedicated workshop, secure storage for tools or bicycles, or extra parking without consuming space in the main garage.

5. The assessed value is $408,000. How should a buyer interpret this?
The municipal assessment is used for calculating property taxes and is not a direct market valuation. However, the fact that it ranks higher than 67% of Winnipeg homes suggests the city assessor views it as a above-average property for its value. The final sale price will be determined by the current market.

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