Property score
52.6
Fair
Overall 52.6 · Smaller than most nearby homes
873 sqft (bottom 11%) · Built in 1971 (4 yrs older 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 1 park nearby
Living Area
Below average
37% smaller than neighborhood avg.
Year Built
Below average
4 yrs older 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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52.6 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
257 Laxdal Road — 5 amenities found within 500 m, across 5 categories, including 1 education (nearest 364 m), 1 healthcare (nearest 282 m), 1 shopping (nearest 300 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 | Bottom 12% | Bottom 19% | Bottom 34% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 257 Laxdal Road, Varsity View, Winnipeg
Section 1: Key Characteristics & Appeal
This is a classic, well-maintained one-storey bungalow built in 1971, situated on a generous 6,002 sqft lot in the established Varsity View neighbourhood. Its key features include 873 sqft of living space and a finished basement, offering functional living areas. The property does not have a garage or pool.
The primary appeal lies in its location and lot size. The home sits on a large parcel of land for the area, providing ample outdoor space and future potential in a mature, central community. Its rankings indicate it is a solid, average-sized home for the specific street and neighbourhood, but its lot is notably larger than many in Winnipeg, giving it a competitive edge. The finished basement adds valuable, flexible living space.
This home would best suit first-time buyers, downsizers, or practical investors seeking an entry into a stable neighbourhood without the premium for a new build. It’s for buyers who value land size and location over a large interior footprint or modern amenities, and who are comfortable with a home that offers a blank canvas for personal updates over time.
Section 2: Frequently Asked Questions
1. What is the significance of the property rankings provided?
The rankings compare this home to others on its street, in Varsity View, and across all of Winnipeg for metrics like lot size, age, and assessed value. They show that while the house itself is average in size for the area, its lot is significantly larger than most in the city, which is a key asset.
2. Is the lack of a garage a major drawback?
For some buyers, yes. However, the large lot provides ample space for adding a parking pad or future garage, subject to city bylaws. This could be seen as an opportunity for customization rather than a strict limitation.
3. The home was built in 1971. What should I be aware of?
While systems like roof, windows, and plumbing may have been updated, a thorough inspection is essential to assess the condition of original components. The age also means the layout and style are classic, not modern open-concept.
4. How does the 2017 sale price compare to the current assessment?
The home sold for $285,000 in 2017 and now has an assessed value of $338,000. This increase reflects broader market trends and the value of the substantial lot. The assessment is a starting point for market valuation, not a guaranteed sale price.
5. What are the pros and cons of a finished basement?
The pro is immediate additional living space (e.g., for a family room, office, or guests). The con is that it limits your ability to see the condition of the foundational walls, insulation, and mechanical systems without intrusive investigation. Ensure the finish was done with proper permits and moisture control.
