275 Princeton Boulevard

Varsity View, Winnipeg

Property score

47.9

Below average

Overall 47.9 · Smaller and older than most nearby homes

780 sqft (bottom 5%) · Built in 1952 (23 yrs older than avg)

Located in a above-average income area with median household income of ~77k

Transit 80.0 · 4-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

44% smaller than neighborhood avg.

Taon ng Paggawa

Below average

23 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

47.9 is composed by the two sections below.

Property Score

37.2Low
Living Area22
780 sqftLow
Taon ng Paggawa36
1952Low
Lupa98
13,004 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

Istatistika ng benta ng komunidad

Varsity View

How to read: Share of sales in each ~$50k price band for “varsity view” (Detached na bahay (hindi 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.

Mga ranggo

Living Area

mas mababa sa average
780 sqft
0255075100
Same streetBottom 9%Same areaBottom 5%CitywideBottom 8%
Same street · Princeton Boulevard
#29 / 32
Bottom 9% · Avg 1,356 sqft
Same area · Varsity View
#806 / 848
Bottom 5% · Avg 1,387 sqft
Citywide · Winnipeg
#179,126 / 194,458
Bottom 8% · Avg 1,342 sqft

Assessed Value

karaniwan
308k
0255075100
Same streetBottom 16%Same areaBottom 14%CitywideBottom 32%
Same street · Princeton Boulevard
#27 / 32
Bottom 16% · Avg 472.3k
Same area · Varsity View
#732 / 848
Bottom 14% · Avg 444.7k
Citywide · Winnipeg
#133,022 / 194,458
Bottom 32% · Avg 390.1k

Taon ng Paggawa

karaniwan
1952
0255075100
Same streetBottom 22%Same areaBottom 16%CitywideBottom 30%

Lupa

Elite
13,004 sqft
0255075100
Same streetTop 16%Same areaTop 8%CitywideTop 3%

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

Mga malapit na hinto, ruta at transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

275 Princeton Boulevard — 6 amenities found within 500 m, across 5 categories, including 1 education (nearest 406 m), 1 healthcare (nearest 400 m), 1 shopping (nearest 434 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%

Kasaysayan ng Benta

275 Princeton Boulevard: Wala kaming ipinapakitang kasaysayan ng bentahan batay lamang sa pampublikong datos; hindi ibig sabihin na walang bentahan noon. Puwede pa ring humiling sa email sa seksyong “Data notes” sa ibaba—hahanapin namin nang manu-mano at sasagutin nang may pinakamakatotohanang impormasyon.

Related homes

Mga tampok at karaniwang tanong: 275 Princeton Boulevard, Winnipeg

Property Summary: 275 Princeton Boulevard

Key Characteristics & Appeal

This is a classic, single-storey home in the established Varsity View neighbourhood, built in 1952. Its primary appeal lies in its exceptionally large, private lot—over 13,000 square feet—which ranks in the top 3% of all residential properties in Winnipeg for size. This offers rare potential for expansion, gardening, or outdoor living within the city. The home itself is modest at 780 sqft, presenting a straightforward layout typical of its era.

The property suits two main types of buyers: first, those seeking a land-value opportunity who are comfortable with a home that may require updating or who have plans to significantly renovate or rebuild to maximize the lot's potential. Second, it appeals to buyers prioritizing a massive, tranquil yard in a mature, central neighbourhood over a large interior footprint. Its rankings highlight a clear trade-off: while the lot is among the city's elite in size, the house is smaller and older than most, positioning it as a project or a lifestyle choice centered on outdoor space.

Frequently Asked Questions

1. What does the ranking system mean?
The rankings compare this property against others on its street, in Varsity View, and across all of Winnipeg. For example, being in the "top 3%" for land size means only 3% of Winnipeg lots are larger. Conversely, rankings in the 70th-90th percentile for age and living area indicate the house itself is older and smaller than most comparables.

2. Is the house in its original condition?
The details provided do not specify the interior condition or any renovations. Given the 1952 build date and the focus on lot value, prospective buyers should budget for potential updates to systems, insulation, and finishes, and will need to verify the home's state through a viewing and inspection.

3. What can I do with such a large lot?
Beyond a spacious yard, a lot of this size may allow for significant additions, the construction of a detached workshop or garage, or even subdivision, subject to the City of Winnipeg's zoning bylaws and approval processes. This is a key point for due diligence.

4. Why is the assessed value relatively moderate given the lot size?
Municipal assessments consider both land and building value. Here, the high land value is likely balanced by the lower value attributed to the older, smaller dwelling. The assessed value reflects its current state, not necessarily its potential after renovation.

5. What are the immediate costs or considerations?
Beyond the purchase price, consider the age of major components like the roof, foundation, plumbing, and electrical. The heating system may be original or nearing end-of-life. Property taxes will be based on the assessed value, but the substantial lot size is a key factor in that calculation.