304 Laxdal Road

Varsity View, Winnipeg

Property score

67.7

Good

Overall 67.7 · Older than most nearby homes

1,197 sqft (bottom 44%) · Built in 1964 (11 yrs older than avg)

Located in a high-income area with median household income of ~92k

Transit 70.0 · 6-min walk to transit with 3 nearby routes · Within 500m: 1 healthcare facility, 1 park, and 1 place of worship nearby

Living Area

Near average

14% smaller than neighborhood avg.

Year Built

Below average

11 yrs older than neighborhood avg.

Mother tongue

English · 77%Tagalog · 3%

Past 10 years Varsity View sales snapshot (~80% of all data)

Sold Count

281

Median price

492k

$/sqft

$398/sqft

Avg build year

1975

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Property score

67.7 is composed by the two sections below.

Property Score

60.5Fair
Living Area60
1,197 sqftFair
Year Built46
1964Low
Lot Size88
7,163 sqftExcellent
Neighbourhood Sales Activity42
Low

Community Score

78.4Good
Household Income81
Excellent
Education Level82
Excellent
Housing Stress63
Fair
Core Housing Need76
Good
Employment Health76
Good

Neighbourhood Sales

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111103

Community deep dive

$92K

Median household income

$131K

Average household income

6%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.8

P90 / P10 ratio

29%

Single-person households

30%

Families with children

Population, labour & age

Population (2021)659
Labour force participation rate62%
Median age44.4
Avg household size2.4
Unemployment rate0%
Population density2353 / km²

Households & income

Low income (LIM-AT, % pop.)6%
Single-person households29%
Couple families with children30%
Median household income (2020)$92K

Housing

Renter households32%
Condominium dwellings16%
Median dwelling value (owners)$500K

Diversity, education & language

Immigrants (share of pop.)16%
Visible minority10%
Bachelor's or higher (25–64)44%
Mother tongue (1st)English · 77%
Mother tongue (2nd)Tagalog · 3%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

around average
1,197 sqft
0255075100
Same streetTop 40%Same areaBottom 44%CitywideBottom 49%
Same street · Laxdal Road
#74 / 183
Top 40% · Avg 1,206 sqft
Same area · Varsity View
#479 / 848
Bottom 44% · Avg 1,387 sqft
Citywide · Winnipeg
#98,696 / 194,458
Bottom 49% · Avg 1,342 sqft

Tax-Assessed Value

above average
412k
0255075100
Same streetTop 26%Same areaTop 48%CitywideTop 35%
Same street · Laxdal Road
#48 / 183
Top 26% · Avg 387.7k
Same area · Varsity View
#407 / 848
Top 48% · Avg 444.7k
Citywide · Winnipeg
#69,027 / 194,458
Top 35% · Avg 390.1k

Year Built

around average
1964
0255075100
Same streetBottom 29%Same areaBottom 30%CitywideBottom 46%

Lot Size

above average
7,163 sqft
0255075100
Same streetBottom 20%Same areaTop 49%CitywideTop 16%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

304 Laxdal Road — 3 amenities found within 500 m, across 3 categories, including 1 healthcare (nearest 482 m), 1 parks (nearest 85 m).

Search radius
🏥Healthcare1
🌳Parks1
Worship1

Crime & Safety

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%

Sales History

304 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.

Related homes

Highlights & common questions: 304 Laxdal Road, Winnipeg

Property Overview & Key Characteristics

This 1964-built, one-storey home in Varsity View sits on a generous 7,163 sqft lot, offering a rare combination of space and established character. Its key appeal lies in its practical layout, featuring 1,197 sqft of living space with a finished basement, providing flexible room for family life, hobbies, or a home office. The property includes both attached and detached garage options, a significant advantage for storage or workshop needs. With an assessed value that ranks within the top third of Winnipeg, it presents as a solid, value-conscious investment in a mature neighbourhood.

Its charm is grounded, not flashy. It suits buyers looking for a manageable single-level floorplan, perhaps downsizers seeking to stay in the area, or first-time buyers who value a large yard and the potential to personalize a home over a brand-new build. The home’s strong city-wide ranking for lot size is a less obvious but major asset, offering privacy and green space that are increasingly hard to find closer to the core.

Five Possible FAQs

  1. What does the ranking data actually mean?
    The rankings compare this property to others on its street, in Varsity View, and across all of Winnipeg. For example, its lot size ranks in the top 16% city-wide, meaning it's larger than 84% of Winnipeg properties, which is a standout feature.

  2. Is a 62-year-old home a concern?
    While the building is mature, its assessed value ranks highly, suggesting it has been maintained well relative to its peers. A thorough inspection is always advised, but the data indicates a home that has kept its value competitively over time.

  3. Who would benefit most from the garage setup?
    The combination of an attached and detached garage is ideal for a household with multiple vehicles, someone needing a dedicated workshop or studio space, or anyone wanting ample storage for outdoor gear and tools separate from their primary vehicle parking.

  4. How does the finished basement add value?
    Beyond extra living space, it effectively increases the functional square footage of the home. This is particularly valuable for families, for creating a separate entertainment area, or for generating potential rental income, all within the envelope of a cozy single-storey main floor.

  5. What is the neighbourhood feel of Varsity View?
    As a mature community near the University of Manitoba, it often offers a quiet, settled atmosphere with larger lots and tree-lined streets, appealing to those seeking a established neighbourhood feel with good access to amenities and transit.