Property score
46.7
Below average
Overall 46.7 · Smaller and older than most nearby homes
720 sqft (bottom 3%) · Built in 1952 (23 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
48% smaller than neighborhood avg.
Year Built
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)
281
492k
$398/sqft
1975
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46.7 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
288 Laxdal Road — 6 amenities found within 500 m, across 5 categories, including 1 education (nearest 451 m), 1 healthcare (nearest 422 m), 1 shopping (nearest 447 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%
288 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: 288 Laxdal Road, Varsity View, Winnipeg
Section 1: Key Characteristics & Appeal
This is a classic 1952 one-storey bungalow on a large, 6,792 sqft lot in the established Varsity View neighborhood. Its key characteristics include 720 sqft of finished living space, a fully finished basement, and no garage. The appeal lies in its prime location and significant lot size, which is notably larger than most in the area, offering ample outdoor space and future potential in a sought-after community close to the University of Manitoba.
The property suits specific buyer types perfectly. It's an ideal entry point for a first-time buyer or an investor looking for a solid lot in a premium location, willing to live with or update a compact floor plan. It could also appeal to downsizers seeking single-level living on a manageable scale, with the financial flexibility that comes from a home priced below the area's typical single-family benchmark. A less obvious perspective is its value for an owner who prioritizes private outdoor space over interior square footage—the lot represents a rare opportunity in the neighborhood for gardening, expansion, or simply enjoying a generous yard.
Section 2: Frequently Asked Questions
1. How does the smaller living area (720 sqft) compare to the neighborhood?
The home's living area is significantly below the neighborhood average, placing it in the bottom 3% for size in Varsity View. This is a key factor in its accessible price point and indicates a compact, efficient layout.
2. What does the "fully finished basement" entail?
The listing confirms a finished basement, which effectively doubles the usable living space. Buyers should verify the quality, ceiling height, and legality of the finish during a viewing, as this added space is crucial for the home's functionality.
3. Is the large lot a benefit for future expansion?
Absolutely. The nearly 6,800 sqft lot is a major asset, ranking in the top 16% for size on its street. It provides valuable outdoor space and tangible potential for future additions, a garage, or landscaping, which is uncommon for central, established neighborhoods.
4. How should I interpret the various ranking percentages?
These rankings compare this property to others locally. Notably, it ranks in the top 19% of all Winnipeg for lot size, but in the bottom quartile for building age, living area, and assessed value. This highlights the trade-off: you are purchasing a premium-sized lot with a modest, older home on it.
5. What are the implications of having no garage?
The lack of a garage means parking will be limited to the driveway and street. For some buyers, this is a worthwhile compromise for the lot and location. For others, it may be a drawback to factor into renovation budgets or daily convenience.
