266 Laxdal Road

Varsity View, Winnipeg

Property score

60.8

Fair

Overall 60.8 · Older than most nearby homes

1,257 sqft (bottom 49%) · Built in 1938 (37 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

9% smaller than neighborhood avg.

Year Built

Below average

37 yrs older 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

60.8 is composed by the two sections below.

Property Score

58.8Fair
Living Area66
1,257 sqftGood
Year Built22
1938Low
Lot Size85
6,792 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
1,257 sqft
0255075100
Same streetTop 34%Same areaBottom 49%CitywideTop 45%
Same street · Laxdal Road
#62 / 183
Top 34% · Avg 1,206 sqft
Same area · Varsity View
#431 / 848
Bottom 49% · Avg 1,387 sqft
Citywide · Winnipeg
#87,696 / 194,458
Top 45% · Avg 1,342 sqft

Tax-Assessed Value

around average
310k
0255075100
Same streetBottom 10%Same areaBottom 14%CitywideBottom 32%
Same street · Laxdal Road
#165 / 183
Bottom 10% · Avg 387.7k
Same area · Varsity View
#727 / 848
Bottom 14% · Avg 444.7k
Citywide · Winnipeg
#131,753 / 194,458
Bottom 32% · Avg 390.1k

Year Built

below average
1938
0255075100
Same streetBottom 1%Same areaBottom 3%CitywideBottom 19%

Lot Size

above average
6,792 sqft
0255075100
Same streetBottom 16%Same areaBottom 47%CitywideTop 19%

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

266 Laxdal Road — 6 amenities found within 500 m, across 5 categories, including 1 education (nearest 369 m), 1 healthcare (nearest 331 m), 1 shopping (nearest 360 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

Sold 9/2023CA$300k–350k
Sold price

Same street

Bottom 22%

Same area

Bottom 27%

City-wide

Bottom 42%

Related homes

Highlights & common questions: 266 Laxdal Road, Winnipeg

Property Overview: 266 Laxdal Road

Key Characteristics, Appeal & Target Buyer

This 1938-built one-and-a-half storey home in Varsity View offers a unique blend of established neighborhood charm and specific modern comforts. Its key characteristics include a generous 6,792 sqft lot, a finished basement, and the rare feature of a private swimming pool. With 1,257 sqft of living space, it sits comfortably above the average for both the neighborhood and city. The home's appeal lies in its spacious, mature yard—a premium in this area—providing exceptional outdoor living and entertainment potential. The in-ground pool is a standout amenity not commonly found, creating a private resort-like setting.

The property would suit a buyer looking for an established, character home on a large lot who values outdoor space and recreation over a modern, turn-key interior. It's ideal for someone willing to embrace the ongoing stewardship of an 88-year-old structure and a mature landscape. A thoughtful perspective is that while the home ranks lower on newer metrics like assessment value, it ranks highly for lot size, offering a tangible asset that is increasingly scarce. This positions it well for a buyer whose priority is land and potential, rather than recent renovations or high-end finishes.


Frequently Asked Questions

1. What does the home’s age mean for maintenance?
Built in 1938, the home will likely require a proactive approach to upkeep. Buyers should budget for updates to aging components like plumbing, electrical, or the roof, while also appreciating the character and solid construction of its era.

2. Is the pool a major factor in ongoing costs?
Yes. An in-ground pool requires seasonal opening/closing, regular cleaning, chemical balancing, and has associated utility costs for pumping and heating. It's a fantastic luxury but comes with definite annual expenses and maintenance responsibilities.

3. There’s no garage. How is parking and storage?
The property lacks a garage, so parking is limited to the driveway. Storage for tools, outdoor equipment, and vehicles will need to be creatively addressed, possibly utilizing the finished basement or a shed.

4. The assessment value seems low relative to the lot size. Why?
Municipal assessments often weigh recent sales and interior conditions heavily. The large lot is a significant asset, but the home's older age and likely need for updates can suppress the assessed value compared to newer builds on smaller lots.

5. How does the finished basement add to the living space?
The finished basement effectively adds flexible square footage to the 1,257 sqft main living area. It can serve as a recreation room, home office, or additional bedrooms, but buyers should verify the quality of the finish and check for any moisture issues common in older basements.