Property score
65.9
Good
Overall 65.9 · Compared with neighbourhood average
1,235 sqft (bottom 47%) · Built in 1978 (3 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
11% smaller than neighborhood avg.
Year Built
Near average
3 yrs newer 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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65.9 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: #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
261 Laxdal Road — 6 amenities found within 500 m, across 5 categories, including 1 education (nearest 376 m), 1 healthcare (nearest 298 m), 1 shopping (nearest 315 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%
261 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 Summary
Key Characteristics & Appeal
This is a well-maintained, single-story home in Winnipeg's Varsity View neighbourhood, built in 1978. Its key feature is a generous, 6,001 sqft lot, offering significant outdoor space that is rare for the area. The home itself has 1,235 sqft of living space and includes a finished basement, adding functional space without the maintenance of a larger above-ground footprint. There is no garage or pool.
Its primary appeal lies in its location and land value within a mature, established community. The data suggests it outperforms most Winnipeg homes in lot size and is newer than most on its street, indicating a solid, practical build on a desirable property. It would suit a first-time buyer, downsizer, or pragmatic investor looking for a low-maintenance, single-level layout with the potential for garden enjoyment or future expansion. The appeal is grounded in space and stability rather than luxury finishes.
Frequently Asked Questions
1. What does the "finished basement" include?
The listing notes a finished basement but does not specify the rooms or finish quality. A viewing is essential to determine if it's a recreational space, has separate rooms, and meets moisture control standards for its age.
2. How does the lack of a garage affect daily life and value?
This is a key consideration in Winnipeg's climate. Buyers should budget for alternative parking solutions and assess the potential and cost of adding a garage or carport in the future, which the large lot may accommodate.
3. The assessment value seems lower than expected relative to the price. Why?
The assessed value for taxes often lags behind market value. The price likely reflects current market conditions, the desirable lot size, and the home's updated condition, which aren't fully captured in the official assessment.
4. The home is older. What major systems should be prioritized for inspection?
Given its age, a thorough inspection of the roof, foundation, plumbing, electrical systems, and heating is crucial. The inspection should verify the quality and permits for the basement finish.
5. The lot is large, but how is it oriented and shaped?
The aerial map and street view should be studied to understand sun exposure, backyard privacy, and the practical usability of the land. This greatly impacts gardening potential, outdoor living, and any future renovation plans.
