Property score
46.3
Below average
Overall 46.3 · Smaller and older than most nearby homes
723 sqft (bottom 3%) · Built in 1955 (20 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
Below average
48% smaller than neighborhood avg.
Year Built
Below average
20 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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46.3 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
271 Laxdal Road — 6 amenities found within 500 m, across 5 categories, including 1 education (nearest 412 m), 1 healthcare (nearest 343 m), 1 shopping (nearest 360 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%
271 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: 271 Laxdal Road, Varsity View, Winnipeg
Key Characteristics & Appeal
This is a modest, single-storey home built in 1955 on a generous 6,001 sqft lot in the established Varsity View neighbourhood. Its key characteristics include a fully finished basement, a detached garage, and 723 sqft of living space. The appeal lies in its balance of a large, potentially versatile lot size—which ranks highly within the city—and a location within a mature, central community. The home presents as an affordable entry point into the area, suited for first-time buyers, downsizers, or investors seeking a property where the land represents a significant portion of the value. It’s a practical choice for those comfortable with a smaller living footprint who see potential in the sizable yard or who prioritize location and lot over a larger, modern house. A thoughtful perspective is that while the home itself ranks lower in size and age among its immediate peers, its lot size and overall assessed value are competitively positioned city-wide, suggesting the underlying property holds solid intrinsic value.
Frequently Asked Questions
1. What does the ranking data actually mean?
The rankings compare this property against others on its street, in Varsity View, and across all of Winnipeg. For example, its lot size ranks in the top 31% city-wide, meaning it’s larger than 69% of Winnipeg properties. Conversely, its living space is more compact, ranking larger than only 6% of city homes.
2. Is this a fixer-upper or move-in ready?
The listing notes a finished basement, indicating some updates, but the 1955 build year and ranking data suggest the main living area is likely original in scope. Buyers should budget for modernizations typical of a home of this age.
3. Who would this property suit best?
It’s ideally suited for a first-time buyer or minimalist seeking an affordable home in a central neighbourhood, or an investor looking for a land-value play. The large lot could also appeal to someone interested in gardening, outdoor space, or future expansion.
4. How does the assessment value relate to the asking price?
The municipal assessment is $332,000, providing a benchmark for taxation. The eventual list or sale price will be determined by the market, but this assessment indicates it is positioned in the middle range of Winnipeg property values.
5. What are the advantages of the Varsity View location?
Varsity View is a mature, central neighbourhood near the University of Manitoba, offering established tree-lined streets, local amenities, and convenient access to major routes. It provides a quiet, residential feel while remaining close to urban conveniences.
