257 Princeton Boulevard

Varsity View, Winnipeg

Property score

70.4

Good

Overall 70.4 · Newer than most nearby homes

1,364 sqft (top 42%) · Built in 1995 (20 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

2% smaller than neighborhood avg.

Year Built

Above average

20 yrs newer than neighborhood avg.

Mother tongue

English · 78%Tagalog · 4%

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

70.4 is composed by the two sections below.

Property Score

74.8Good
Living Area71
1,364 sqftGood
Year Built81
1995Excellent
Lot Size93
8,671 sqftExcellent
Neighbourhood Sales Activity42
Low

Community Score

63.9Fair
Household Income75
Good
Education Level34
Low
Housing Stress52
Fair
Core Housing Need76
Good
Employment Health68
Good

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: #46110349

Community deep dive

$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

Population, labour & age

Population (2021)426
Labour force participation rate69%
Median age38.8
Avg household size2.0
Unemployment rate9%
Population density2662 / km²

Households & income

Low income (LIM-AT, % pop.)6%
Single-person households41%
Couple families with children19%
Median household income (2020)$77K

Housing

Renter households35%
Condominium dwellings17%
Median dwelling value (owners)$348K

Diversity, education & language

Immigrants (share of pop.)17%
Visible minority14%
Bachelor's or higher (25–64)17%
Mother tongue (1st)English · 77%
Mother tongue (2nd)Tagalog · 3%

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

Rankings

Living Area

around average
1,364 sqft
0255075100
Same streetTop 44%Same areaTop 42%CitywideTop 38%
Same street · Princeton Boulevard
#14 / 32
Top 44% · Avg 1,356 sqft
Same area · Varsity View
#359 / 848
Top 42% · Avg 1,387 sqft
Citywide · Winnipeg
#73,044 / 194,458
Top 38% · Avg 1,342 sqft

Tax-Assessed Value

above average
501k
0255075100
Same streetTop 41%Same areaTop 31%CitywideTop 20%
Same street · Princeton Boulevard
#13 / 32
Top 41% · Avg 472.3k
Same area · Varsity View
#263 / 848
Top 31% · Avg 444.7k
Citywide · Winnipeg
#38,104 / 194,458
Top 20% · Avg 390.1k

Year Built

above average
1995
0255075100
Same streetTop 25%Same areaTop 21%CitywideTop 20%

Lot Size

above average
8,671 sqft
0255075100
Same streetBottom 31%Same areaTop 24%CitywideTop 9%

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

257 Princeton Boulevard — 6 amenities found within 500 m, across 5 categories, including 1 education (nearest 331 m), 1 healthcare (nearest 322 m), 1 shopping (nearest 361 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

257 Princeton Boulevard: 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: 257 Princeton Boulevard, Winnipeg

Property Overview

This 1995-built, one-storey home in Varsity View offers a well-proportioned living space of 1,364 sqft on a notably large, mature lot of over 8,600 sqft. Its appeal lies in a combination of space, location, and established value. The home features a finished basement and an attached garage, presenting a practical, move-in-ready layout. Its standout characteristic is its competitive positioning within the market: it ranks highly for its lot size, recent build year, and assessed value compared to most homes in Winnipeg, and particularly within its own desirable community. This suggests a property that has been a solid long-term holding in a sought-after area.

It would suit buyers looking for a manageable single-level home without sacrificing outdoor space, such as downsizers, small families, or professionals. The strong rankings indicate a property that likely offers good long-term stability and appeals to value-conscious buyers who appreciate data-driven metrics. A less obvious perspective is that a home from the mid-90s often balances modern construction standards with established neighbourhood character, avoiding the premium for brand-new builds while being past the major update cycles of much older homes.

Frequently Asked Questions

1. What does the "ranking" data actually mean?
The rankings show how this property compares to others in key metrics. For example, being in the "top 9%" for lot size in Winnipeg means over 91% of city homes have a smaller lot. It's a quick way to see this home's relative strengths in land, size, age, and assessed value.

2. Is the finished basement included in the 1,364 sqft living area?
Typically, the listed "living area" refers to above-grade, finished square footage. The finished basement is an additional bonus space not included in that main floor figure.

3. What is the neighbourhood of Varsity View like?
Varsity View is a mature, established community near the University of Manitoba. It is known for its quiet, tree-lined streets, larger lot sizes, and a mix of academic professionals, families, and long-term residents.

4. Why is the lot size a significant feature?
An 8,671 sqft lot is substantially larger than many modern subdivisions offer. This provides ample space for gardening, recreation, future additions like a deck or shed, and simply more privacy and distance from neighbours.

5. How should I interpret the assessed value in relation to the listing price?
The municipal assessment ($501,000) is for tax purposes and reflects a mass appraisal from a prior date. It's a useful data point showing the home's relative value to the city, but the market-driven listing price will be determined by current conditions, recent sales, and the home's specific features.