Property score
69.5
Good
Overall 69.5 · Newer than most nearby homes
1,232 sqft (bottom 47%) · Built in 2014 (39 yrs newer 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
11% smaller than neighborhood avg.
Year Built
Above average
39 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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69.5 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
270 Laxdal Road — 6 amenities found within 500 m, across 5 categories, including 1 education (nearest 382 m), 1 healthcare (nearest 346 m), 1 shopping (nearest 374 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 37% | Top 46% | Top 36% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 270 Laxdal Road, Varsity View, Winnipeg
Key Characteristics & Appeal
This is a modern, well-maintained bungalow built in 2014, offering a low-maintenance lifestyle on a generous, nearly 7,000 sqft lot in the established Varsity View neighborhood. Its key appeal lies in a combination of relative newness and established community. With over 1,200 sqft of finished living space including a developed basement, it provides comfortable single-level living. The property ranks highly for its recent build year and above-average assessed value within its immediate area, suggesting it is a newer and well-regarded home on its street.
Its primary suit is for buyers seeking a move-in ready, modern bungalow without the premium of a brand-new build. It’s ideal for downsizers, small families, or professionals who value the quiet, treed streets of Varsity View and its proximity to the University of Manitoba. A thoughtful perspective is the value of the large lot; it offers ample green space and future potential (like gardening or expansion) that is often scarce in newer subdivisions, while the home itself requires less immediate upkeep than an older property. The strong assessment ranking relative to Winnipeg overall indicates it holds a position as a solid, above-average asset in the broader market.
Frequently Asked Questions
1. What is the significance of the property’s rankings?
The rankings show how this home compares to others in its immediate area and across Winnipeg. For example, being newer than 91% of Winnipeg homes and having a higher assessed value than 83% of them highlights its modern condition and strong perceived market value relative to the city's entire housing stock.
2. Is the basement included in the 1,232 sqft living area?
Typically, the main living area (sqft) refers to above-ground, finished space. The listing specifies a developed basement, meaning additional finished space exists but is not counted in that primary square footage figure.
3. The lot is large, but there's no garage. Can one be built?
Given the substantial lot size of 6,792 sqft, there is likely space for a future garage or shed. Any buyer would need to verify setback requirements and obtain the necessary permits from the city.
4. How does the 2017 sale price relate to today's value?
The 2017 sale of $390,000 is historical data. The current assessed value of $503,000 reflects the city's estimation of its value for tax purposes as of a prior valuation date, which is influenced by market trends, improvements, and comparable sales. The actual market price is determined by current conditions.
5. What does the "One Storey" building type imply for utilities and maintenance?
As a bungalow, heating and cooling may be more efficient per square foot compared to a multi-story home with vertical heat distribution. Maintenance on exterior features like roofing or eaves is generally more straightforward due to single-level access.
