Property score
80.2
Excellent
Overall 80.2 · Larger and newer than most nearby homes
2,024 sqft (top 11%) · Built in 2020 (45 yrs newer 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: 2 parks nearby
Living Area
Above average
46% larger than neighborhood avg.
Year Built
Above average
45 yrs newer 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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80.2 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
299 Elmhurst Road — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 236 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 | Top 3% | Top 11% | Top 8% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 1% | Bottom 1% | Bottom 8% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 1% | Bottom 1% | Bottom 6% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This 2020-built, single-storey home in Varsity View offers modern living on a spacious 7,209 sqft lot. Its key appeal lies in the combination of new construction benefits—like contemporary building standards and minimal immediate maintenance—within a mature, established neighbourhood. With 2,024 sqft of living space, an attached garage, and an unfinished basement, it provides a solid foundation for a growing family or anyone seeking a move-in-ready property with room to personalize.
The home’s competitive rankings are notable. It sits in the top tier of Winnipeg homes for lot size, living area, assessed value, and newness, suggesting strong intrinsic value and scarcity for its specifications. This would particularly suit buyers who prioritize a modern layout and energy efficiency but want to avoid the wait and uncertainty of a new build in a developing suburb. It’s also a practical choice for those who appreciate the larger lot sizes and tree-lined streets of older neighbourhoods but desire a home without the renovation projects often associated with them.
Frequently Asked Questions
Q: The basement is unfinished. How does that affect the value and potential?
A: While it doesn't contribute to the finished living area, it represents significant potential for future customization. For a 2020 home, the major systems (plumbing, electrical, insulation) are already modern and up to code, making it a cleaner and often more cost-effective project to finish compared to an older home.
Q: The assessed value has risen significantly since the 2020 purchase. What does this indicate?
A: The increase reflects strong market appreciation for newer homes in desirable central neighbourhoods. The current assessment suggests the property is viewed as a high-value asset relative to most of Winnipeg, which can be positive for equity, though buyers should always compare it to recent local sales for the most accurate picture.
Q: Who is the ideal buyer for this specific property type?
A: It's an excellent fit for empty-nesters or professionals looking for single-level living without downsizing lot size or location quality. Conversely, it also suits young families seeking a modern, low-maintenance home in a community known for its proximity to schools and the university, with a basement ready to grow into.
Q: The lot is large for a newer home. What are the advantages?
A: A 7,209 sqft lot in a 2020 build is uncommon. It offers ample private outdoor space, greater distance from neighbours, and more flexibility for future additions like a deck, garden, or even a secondary structure, which is often restricted on smaller, newer subdivision lots.
Q: The home ranks very high for "newness" in its area. What’s the practical benefit?
A: Beyond just being modern, this typically means major components like the roof, windows, furnace, and appliances are years away from needing replacement. It also implies better energy efficiency and likely fewer unexpected repair costs in the critical first years of ownership.
