Property score
79.9
Good
Overall 79.9 · Larger than most nearby homes
1,748 sqft (top 22%) · Built in 1981 (6 yrs newer than avg)
Located in a above-average income area with median household income of ~82k
Transit 80.0 · 4-min walk to transit with 3 nearby routes · Within 500m: 1 school, 1 healthcare facility, 1 shop, and 2 parks nearby
Living Area
Above average
26% larger than neighborhood avg.
Year Built
Near average
6 yrs newer than neighborhood avg.
Mother tongue
English · 88%French · 1%
Past 10 years Varsity View sales snapshot (~80% of all data)
281
492k
$398/sqft
1975
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79.9 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: #46111102
$82K
Median household income
$97K
Average household income
10%
Low income (LIM-AT)
0.3
Income inequality (Gini)
4.1
P90 / P10 ratio
45%
Single-person households
13%
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
259 Alcrest Drive — 6 amenities found within 500 m, across 5 categories, including 1 education (nearest 345 m), 1 healthcare (nearest 407 m), 1 shopping (nearest 458 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 7% | Top 7% | Top 6% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 259 Alcrest Drive
Key Characteristics & Appeal
This is a well-established, single-family home in the sought-after Varsity View neighborhood. Built in 1981, its key strength lies in its generous 12,037 sqft lot, which places it in the top 9% of properties within the community for land size. The 1,748 sqft living space is above average for the area, complemented by a finished basement and an attached garage.
The appeal is rooted in its established setting and strong comparative metrics. The property ranks highly not just for size, but also for its recent sold price and assessed value, outperforming over 90% of homes in its immediate community and across Winnipeg in these categories. This suggests a home that has been maintained and valued above the norm. It suits buyers looking for a spacious, grounded property in a mature neighborhood—ideal for those who prioritize outdoor space and a sense of permanence over a brand-new build. It’s a home for someone who sees value in established communities and appreciates a property with a track record of standing out in its market.
Frequently Asked Questions
1. What does the high ranking in "sold price" actually mean?
It means that when this home sold in October 2023 for $628,000, that price was higher than 94% of recorded sale prices for other homes on its street, 90% in Varsity View, and 94% across all of Winnipeg. This indicates a strong market perception of its value relative to other properties.
2. The house was built in 1981. What should I consider?
While the build year is over four decades old, its rankings show it is newer than 66% of homes on its street and in its community. This is typical for mature, desirable neighborhoods. The focus would be on the condition and updates of major systems (roof, windows, HVAC) and the interior, rather than the age alone.
3. How usable is a 12,000+ sqft lot?
This is a very large urban lot, offering significant potential for gardening, recreation, and outdoor living. It also provides ample privacy and space for additions like a shed or deck. It’s a rare find in the city core that doesn’t require a move to the suburbs.
4. The home outperforms in value rankings but is not the newest. What's the takeaway?
This contrast highlights that the property’s value is driven more by its lot size, location, and living space than by being a recent construction. It appeals to buyers who weigh land and established community character more heavily than a modern build year.
5. What is the significance of the "finished basement"?
A finished basement adds functional living space, which could be used as a family room, home office, or additional bedrooms. It increases the home’s usable square footage beyond the main floor's 1,748 sqft, adding to its versatility and value.
