Property score
52.3
Fair
Overall 52.3 · Smaller and older than most nearby homes
832 sqft (bottom 7%) · Built in 1957 (18 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
40% smaller than neighborhood avg.
Year Built
Below average
18 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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52.3 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 Princeton Boulevard — 6 amenities found within 500 m, across 5 categories, including 1 education (nearest 385 m), 1 healthcare (nearest 377 m), 1 shopping (nearest 413 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 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 Summary: 271 Princeton Boulevard
Section 1: Key Characteristics & Appeal
This is a classic, well-situated one-storey home in the established Varsity View neighbourhood. Its primary appeal lies in its exceptionally large, 13,005 sqft lot, which places it in the top tier of properties locally for outdoor space and potential. The home itself is modest in size at 832 sqft and is of 1957 vintage, featuring a finished basement and a detached garage.
The property suits two main types of buyers. First, it’s ideal for a value-conscious buyer or renovator who prioritizes land over a move-in-ready house, seeing the expansive lot as a long-term asset and the home itself as a canvas for updates. Second, it fits downsizers or those seeking single-level living in a mature, convenient neighbourhood who appreciate the manageable footprint combined with generous private outdoor space. A less obvious perspective is its appeal to a multi-generational family; the huge lot offers rare room for future additions, a separate suite, or simply ample space for extended family gatherings, which is increasingly valuable.
Section 2: Frequently Asked Questions
1. What does the ranking data actually mean?
The rankings show how this property compares to others in its immediate area. For example, its land size ranks in the top 3% city-wide, meaning it’s exceptionally large. Conversely, its living area is more compact, ranking in the top 87% (or bottom 13%), indicating the home itself is smaller than most.
2. Is the house in original condition?
Given its 1957 build date and the data provided, buyers should anticipate a home that likely requires modernization. The value here is fundamentally in the land and location, with the house offering functional living space that can be improved over time.
3. What are the implications of such a large lot?
Beyond privacy and space, a lot of this size (nearly a third of an acre) in an established inner-city neighbourhood is rare. It could allow for significant gardening, recreational space, or future development potential (subject to zoning bylaws), making it a unique holding.
4. How does the assessment value relate to the asking price?
The municipal assessment of $382,000 is a tax valuation snapshot and a useful benchmark. It typically reflects a mass-appraisal formula. The final sale price will be determined by the current market’s value for this specific combination of a large lot and a modest, older home.
5. What is the neighbourhood character of Varsity View?
Varsity View is a mature, tree-lined neighbourhood known for its proximity to the University of Manitoba, offering a quiet, residential feel with the convenience of nearby academic and recreational amenities. It attracts a mix of long-term residents, academics, and families.
