Property score
41.8
Below average
Overall 41.8 · Smaller and older than most nearby homes
624 sqft (bottom 1%) · Built in 1947 (28 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: 2 parks nearby
Living Area
Below average
55% smaller than neighborhood avg.
Year Built
Below average
28 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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41.8 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
312 Mclean Street — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 109 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 23% | Bottom 13% | Bottom 28% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This 1947-built, one-storey home in Varsity View offers a compact and efficient layout on a generous 5,380 sqft lot. Its key appeal lies in the combination of a large, established lot in a central neighbourhood and a fully finished basement, which expands the usable living space beyond the 624 sqft main floor. The property suits first-time buyers or investors looking for a lower-maintenance, single-level home with renovation potential, or those who prioritize lot size and location over a large interior footprint. Its competitive ranking within the community for lot size and overall value suggests a well-positioned asset in a desirable area. A thoughtful perspective is that this home represents an entry point into a mature neighbourhood where the land itself holds significant value, offering future possibilities for expansion or landscaping that a newer, denser subdivision might not.
Frequently Asked Questions
1. How does the finished basement impact the living space?
While the main floor is 624 sqft, the finished basement adds significant functional space, effectively doubling the home's usable area for living, storage, or recreation, which is a key advantage.
2. What does the "ranking" data mean for a buyer?
The rankings compare this property to others on its street, in Varsity View, and across Winnipeg. For example, its lot size ranks in the top 10% of the neighbourhood, a major strength, while its living area is more compact compared to most.
3. Is the 2021 sale price relevant today?
The 2021 sale of $266,000 provides a historical benchmark. The current assessed value of $306,000 offers a more recent municipal valuation, but the market price will be determined by current conditions and buyer demand.
4. Who would this property suit best?
It's ideal for buyers seeking a manageable, single-level home in a central location, where the value is anchored by the large lot and community. It may also appeal to investors or those with plans to gradually update a character home.
5. What are the considerations with a 1947 build?
While offering charm and established landscaping, a home of this age will likely have older mechanical systems (like plumbing and electrical) and may require updates or diligent maintenance, which should be factored into planning and inspections.
