Property score
47.5
Below average
Overall 47.5 · Smaller than most nearby homes
741 sqft (bottom 5%) · Built in 1977 (1 yr older than avg)
Located in a above-average income area with median household income of ~77k
Transit 74.0 · 3-min walk to transit with 2 nearby routes · Within 500m: 1 school, 1 healthcare facility, 1 shop, and 2 parks nearby
Living Area
Below average
21% smaller than neighborhood avg.
Year Built
Below average
1 yrs older than neighborhood avg.
Mother tongue
English · 78%Tagalog · 4%
Past 10 years Varsity View sales snapshot (~80% of all data)
45
151.3k
$181/sqft
1978
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47.5 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” (Condos, 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 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
301-225 Princeton Boulevard — 6 amenities found within 500 m, across 5 categories, including 1 education (nearest 209 m), 1 healthcare (nearest 173 m), 1 shopping (nearest 224 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 20% | Bottom 11% | Bottom 6% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary
Key Characteristics & Appeal
This 741 sqft home, built in 1977, presents a clear value-oriented proposition in the Varsity View neighborhood. Its primary appeal lies in its accessible price point, with an assessed value significantly below area and city averages. While the living space is compact compared to most peers, this translates to lower property taxes and a manageable footprint. The home is notably the newest build on its block (Princeton Boulevard), suggesting potentially newer core systems than immediate neighbors.
It would suit first-time buyers seeking an entry into a well-established neighborhood, budget-conscious investors looking for a rental property, or downsizers who prioritize location and efficiency over square footage. A thoughtful perspective is that its "below average" metrics across the board are precisely what create its affordability in a high-demand area, offering a trade-off that can be strategic for the right buyer.
Frequently Asked Questions
1. Is this a small house?
Yes. At 741 sqft, it is smaller than the majority of comparable homes on its street, in Varsity View, and across Winnipeg. This makes it a compact, efficient living space.
2. Why is the assessed value so much lower than the neighborhood average?
The assessed value of $134k is below averages, which is closely tied to the home's smaller size and likely its overall condition and features relative to other homes in the area used for comparison.
3. What does it mean that it's the "newest" on the street?
Built in 1977, this home is the most recently constructed among the 30 comparable homes on Princeton Boulevard. This could imply advantages like updated building standards for its era or younger major components (like roofing or plumbing) compared to older neighbors.
4. Are low property taxes likely?
Based on its below-average assessed value, the municipal property tax bill for this home is expected to be proportionally lower than for larger, higher-valued homes in the same area.
5. How should I interpret the ranking statistics?
The rankings compare this home to similar properties across three levels. For example, a "Top 90%" rank for value on its street means its assessed value is higher than 90% of peers—or, put another way, it's among the 10% least expensive homes on the block. The "Below Average" labels indicate the home's specific metric (size, value) falls short of the median benchmark in that comparison group.
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