Property score
50.3
Fair
Overall 50.3 · Smaller and older than most nearby homes
845 sqft (bottom 8%) · Built in 1951 (24 yrs older than avg)
Located in a above-average income area with median household income of ~77k
Transit 70.0 · 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
39% smaller than neighborhood avg.
Year Built
Below average
24 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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50.3 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
284 Laxdal Road — 6 amenities found within 500 m, across 5 categories, including 1 education (nearest 437 m), 1 healthcare (nearest 406 m), 1 shopping (nearest 432 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%
284 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 Overview & Key Characteristics
This 1951-built, one-storey home in Varsity View offers a classic, no-frills footprint on a large, 6,792 sqft lot. Its primary appeal lies in its solid foundation and significant potential. With 845 sqft of living space, an unfinished basement, and a detached garage, it presents a straightforward canvas. The property's standout feature is its generous lot size, which ranks highly within Winnipeg, offering rare space for expansion, gardening, or outdoor enjoyment in a mature neighbourhood.
Its value is rooted in location and possibility, rather than immediate move-in readiness. It would suit a practical buyer looking for a long-term project—whether a hands-on renovator aiming to customize a home to their taste, or an investor who sees the value in the substantial land and the area's enduring appeal. It’s a property for those who view rankings not as a critique of its current state, but as an indicator of its underlying asset value and future upside.
Frequently Asked Questions
1. What does the "ranking" data actually mean for a buyer?
The rankings compare this home against others in its immediate street, neighbourhood, and all of Winnipeg for metrics like lot size and age. For example, ranking in the "top 19%" for lot size city-wide highlights the parcel's above-average scale as a key asset, while the lower rankings for living space confirm the home itself is modest and likely dated.
2. Is the unfinished basement a drawback or an opportunity?
It's a significant opportunity. While it requires investment to finish, it allows a new owner to create additional living space—like a family room, bedroom, or suite—exactly to their needs and without having to undo previous work, adding both function and value.
3. The home was built in 1951. What should I be mindful of?
While offering classic charm, systems like plumbing, electrical, and the roof may be at or beyond their typical service life. A thorough inspection is essential to budget for necessary updates, which should be seen as part of the property's overall investment.
4. Who would this property not be suitable for?
It is not ideal for someone seeking a modern, turn-key home without renovation work. It would also be challenging for those needing main-floor bedroom accessibility, as the single-storey layout may require reconfiguration.
5. The assessed value is $262,000. How should I interpret this?
Municipal assessments are for tax purposes and reflect a mass-appraisal formula. They are a useful benchmark but not a definitive market value. The sale price will be determined by current market demand for the home's specific combination of land value, location, and renovation potential.
