Property score
61.8
Fair
Overall 61.8 · Older than most nearby homes
1,274 sqft (top 49%) · Built in 1949 (26 yrs older than avg)
Located in a above-average income area with median household income of ~77k
Transit 74.0 · 4-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
8% smaller than neighborhood avg.
Year Built
Below average
26 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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61.8 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
260 Laxdal Road — 6 amenities found within 500 m, across 5 categories, including 1 education (nearest 355 m), 1 healthcare (nearest 316 m), 1 shopping (nearest 345 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%
260 Laxdal Road: 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.
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 260 Laxdal Road, Varsity View, Winnipeg
Key Characteristics & Appeal
This is a classic, two-storey home built in 1949, situated on a large, approximately 6,800 sqft lot in the established Varsity View neighbourhood. Its primary appeal lies in its generous land size, which ranks in the top 19% city-wide, offering significant space and potential in a central location. With 1,274 sqft of living space and an unfinished basement, the home presents a straightforward canvas. Its appeal is for the value-conscious buyer, renovator, or investor who prioritizes land value and location over move-in-ready finishes. It suits someone comfortable with a project, whether a gradual update or a future redevelopment, and who appreciates the mature streets and proximity to the University of Manitoba. A less obvious perspective is that homes of this era on large lots often possess a structural solidity and layout that modernizes beautifully, offering a unique blend of classic neighbourhood character with the freedom to customize.
Potential Buyer FAQs
What does the "unfinished basement" mean for potential living space?
It means the basement area has not been developed into a formal living space. This presents both a project and an opportunity: it will require investment to finish, but it also allows you to create exactly the space you need (e.g., a rec room, rental suite, or workshop) without having to undo someone else's work.
The house was built in 1949. What should I be mindful of?
As with any home of this age, a thorough inspection is essential. Key focus areas typically include the condition of the roof, foundation, plumbing, electrical systems, and insulation. The upside is that many original materials were built to last, and issues, once identified, can be addressed in a renovation plan.
How does the assessment value relate to the likely selling price?
The municipal assessment of $247,000 is for tax purposes and is based on mass appraisal techniques. The market price is determined by current buyer demand, the home's condition, and recent sales of comparable properties. In active markets, especially for well-located lots, the selling price can differ significantly from the assessed value.
There's no garage. What are the options for parking or adding one?
The large lot is a major asset here. You have ample space for driveway parking and, subject to local zoning bylaws and permits, the potential to add a detached garage or carport in the future, which could be factored into your overall plans for the property.
The rankings show the lot size is high, but the assessment is relatively low for the area. Why is that?
This pattern often indicates that the value is primarily in the land itself. The rankings suggest the lot is larger than most, while the lower assessment ranking likely reflects the home's older condition and unfinished state compared to updated homes on smaller lots. This dynamic is what creates the value opportunity for a buyer looking at long-term potential.
