Property score
57.8
Fair
Overall 57.8 · Smaller than most nearby homes
1,054 sqft (bottom 27%) · Built in 1969 (6 yrs older than avg)
Located in a above-average income area with median household income of ~77k
Transit 70.0 · 6-min walk to transit with 3 nearby routes · Within 500m: 1 healthcare facility, 1 shop, and 2 parks nearby
Living Area
Below average
24% smaller than neighborhood avg.
Year Built
Below average
6 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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57.8 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
289 Elmhurst Road — 4 amenities found within 500 m, across 3 categories, including 1 healthcare (nearest 482 m), 1 shopping (nearest 456 m), 2 parks (nearest 237 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 17% | Bottom 20% | Bottom 36% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This 1969-built, one-storey home in Varsity View offers a practical and low-maintenance living option on a generous 5,380 sqft lot. Its key appeal lies in its established neighbourhood setting and functional layout, featuring 1,054 sqft of living space, a finished basement, and a detached garage. The home presents a grounded opportunity, ranking solidly in the middle of the pack for Winnipeg in terms of assessed value and lot size, suggesting it is a typical, no-frills property for the area rather than a standout premium listing. Its recent sale history indicates it has been a stable holding.
It would suit first-time buyers seeking an entry point into a mature community, or downsizers looking for a manageable single-level floor plan without a large yard to upkeep. The appeal is less about modern luxury and more about fundamental value, space, and location. A thoughtful perspective is that while its rankings aren't exceptional, its above-average lot size offers latent potential for future expansion or landscaping, which is a significant asset in an established neighbourhood where large lots are increasingly rare.
Frequently Asked Questions
1. What is the neighbourhood like?
Varsity View is a mature, established community near the University of Manitoba, offering a mix of long-term residents and academic affiliates. It's known for its tree-lined streets and convenient access to amenities and transit.
2. Is the basement a legal suite?
The listing states the basement is finished but does not specify it as a legal secondary suite. Buyers should verify its compliance with local regulations if considering rental income.
3. How updated are the major systems?
The property details do not include the age of the roof, HVAC, or plumbing. Given the home's age, an inspection to assess the condition and remaining life of these major components would be highly advisable.
4. What does the ranking data actually mean?
The rankings compare this home to others on its street, in Varsity View, and across Winnipeg. For example, its lot size ranks better than 54% of all Winnipeg homes, meaning it's larger than average. Conversely, its living area is smaller than about 63% of Winnipeg homes, which is typical for a one-storey bungalow.
5. Why is the current assessed value higher than the 2017 sale price?
The 2024 assessment of $354,000 reflects the market value estimate for taxation purposes, which has risen since the 2017 sale of $290,000. This increase is consistent with broader market trends over that period, but the actual sale price will be determined by current market conditions.
