Property score
52.2
Fair
Overall 52.2 · Smaller than most nearby homes
873 sqft (bottom 11%) · Built in 1970 (5 yrs older than avg)
Located in a above-average income area with median household income of ~77k
Transit 80.0 · 5-min walk to transit with 3 nearby routes · Within 500m: 1 school, 1 healthcare facility, 1 shop, and 2 parks nearby
Living Area
Below average
37% smaller than neighborhood avg.
Year Built
Below average
5 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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52.2 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
274 Laxdal Road — 6 amenities found within 500 m, across 5 categories, including 1 education (nearest 396 m), 1 healthcare (nearest 361 m), 1 shopping (nearest 388 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 | Bottom 43% | Bottom 41% | Top 46% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This 1970-built, one-storey home in Varsity View offers a practical and established living option. Its key appeal lies in its generous 6,792 sqft lot—a significant size that ranks in the top 19% for all of Winnipeg—providing ample outdoor space in a mature, central neighbourhood. The home itself is modest in size at 873 sqft and features a finished basement and a detached garage. Recent data shows it sold for $350,000 in January 2024, slightly below its current assessed value of $357,000.
This property would best suit a buyer looking for a land-forward opportunity. It’s ideal for someone who values a large, private yard over a large house, and who is comfortable with a home that may require updates. It could appeal to a first-time buyer seeking entry into a desirable area, or to a downsizer wanting a manageable single-level layout with outdoor space for gardening or entertaining.
Key Considerations & FAQs
What is the true value of the large lot? Beyond private space, a lot of this size in a central location offers long-term flexibility. It provides room for additions, landscaping projects, or simply a rare sense of openness not commonly found in older neighbourhoods.
How does the home's condition compare to its recent sale price? The sale price coming in slightly under the assessed value may reflect the home’s age and smaller living area. Buyers should budget for potential modernizations, but the transaction also suggests a realistic, grounded market value.
Is the finished basement a legal suite? The listing notes a finished basement but does not specify it as a legal secondary suite. This is a crucial distinction for those considering rental income, and verification with the city would be essential.
What does the ranking data actually tell us? The home ranks highly for its lot size but lower for living space and age. This underscores the property’s profile: a premium parcel of land with a humble dwelling, highlighting a trade-off buyers should be aware of.
What are the implications of a detached garage? While providing secure storage, a detached garage can be less convenient during Winnipeg winters compared to an attached one. However, it also offers potential for conversion to a workshop or studio, separate from the main house.
