Property score
45.4
Below average
Overall 45.4 · Smaller and older than most nearby homes
640 sqft (bottom 1%) · Built in 1952 (23 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 2 parks nearby
Living Area
Below average
54% smaller than neighborhood avg.
Year Built
Below average
23 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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45.4 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
265 Princeton Boulevard — 6 amenities found within 500 m, across 5 categories, including 1 education (nearest 363 m), 1 healthcare (nearest 355 m), 1 shopping (nearest 392 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%
265 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.
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview & Key Characteristics
This is a classic 1952-built, one-storey home on an exceptionally large, 13,000+ sqft lot in the established Varsity View neighbourhood. Its primary appeal lies in the rare combination of a central location and a vast, private land parcel that offers immense potential. The house itself is modest at 640 sqft with no basement, presenting it as a true blank canvas.
The property would best suit a specific type of buyer: a renovator or builder looking for a prime lot to extensively remodel or replace the existing structure, or an investor with a long-term hold strategy banking on land value. It’s less suited for those seeking a move-in-ready home without major project plans. A thoughtful perspective is that this property trades immediate comfort for long-term opportunity—the value is almost entirely in the land and location, requiring vision and capital to unlock.
Potential Buyer FAQs
1. What does "no basement" mean for this property?
It means the 640 sqft living area is all there is, with no lower-level storage, mechanicals, or living space. Utilities will be at ground level, and all storage needs must be planned within the footprint or in an external shed.
2. The lot is huge, but what can I actually do with it?
Beyond gardening, the size allows for significant additions, building a garage or workshop, or even subdividing the lot (subject to stringent city zoning and approval processes). Its value is in providing options that smaller lots do not.
3. The house ranks very low for size. Is it livable during a renovation?
Given its small size and age, a full renovation would likely be highly disruptive. Buyers should realistically budget for alternative accommodation during major work or plan for a complete rebuild.
4. How does the 1952 build year affect things?
Expect older building materials, electrical, and plumbing systems that would need updating to modern standards. This is a key factor in renovation costs and should be prioritized in any inspection.
5. The assessment is lower than typical area prices. Why?
The municipal assessment reflects the current state and utility of the existing small structure, not the potential value of the redeveloped lot. The market price will factor in the premium for the land's future possibilities.
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