Property score
49.2
Below average
Overall 49.2 · Smaller and older than most nearby homes
640 sqft (bottom 1%) · Built in 1939 (36 yrs older than avg)
Located in a high-income area with median household income of ~92k
Transit 70.0 · 7-min walk to transit with 3 nearby routes · Within 500m: 1 school, 1 park, and 1 place of worship nearby
Living Area
Below average
54% smaller than neighborhood avg.
Year Built
Below average
36 yrs older than neighborhood avg.
Mother tongue
English · 77%Tagalog · 3%
Past 10 years Varsity View sales snapshot (~80% of all data)
281
492k
$398/sqft
1975
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49.2 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: #46111103
$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
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
314 Laxdal Road — 3 amenities found within 500 m, across 3 categories, including 1 education (nearest 488 m), 1 parks (nearest 118 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%
314 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.
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 314 Laxdal Road, Varsity View, Winnipeg
Key Characteristics & Appeal
This is a classic, one-storey home built in 1939, situated on a notably large, mature lot of over 9,400 square feet in the established Varsity View neighborhood. Its primary appeal lies in this generous land parcel, which ranks within the top 7% of all residential lots in Winnipeg for size, offering exceptional outdoor space and potential. The house itself is modest at 640 sqft with an unfinished basement and an attached garage, representing a true fixer-upper or blank canvas.
The property suits two main types of buyers: first, the land-value investor or builder who recognizes the rare opportunity of a large lot in a central location, likely viewing the existing structure as secondary to the land's future potential. Second, it could suit a hands-on buyer with a vision for a thorough renovation or expansion, willing to modernize a character home to create a personalized retreat on a spacious, private lot. Its charm is not in move-in-ready condition, but in the tangible asset of the land and the possibility it represents.
Frequently Asked Questions
1. What does the ranking data actually mean?
The rankings compare this property against others on its street, in Varsity View, and across all of Winnipeg. Key takeaways: its lot size is exceptionally large (top 7% in the city), while the house itself is older and smaller than most comparable properties. This highlights the investment as being primarily in the land.
2. Is the house livable in its current state?
Given its age, size, and the mention of an unfinished basement, a buyer should budget for and expect significant updates to mechanical systems, insulation, and interior finishes to meet modern living standards. It is likely a project.
3. What can be done with such a large lot?
Beyond a large garden, the lot size opens possibilities not found on standard parcels, such as adding a substantial addition, creating detached workshop or studio space (subject to zoning), or simply enjoying unparalleled green space and privacy for the area.
4. How does the assessed value relate to the asking price?
The city's assessed value is for taxation purposes and is often lower than market value. Here, the assessment of $281,000 provides a baseline, but the market price will be strongly influenced by the premium for the lot size and location, not just the existing structure.
5. What are the less obvious considerations?
A home of this age on a large lot may have older trees with preservation considerations, and the underground service lines could be original. Also, while the lot is a huge asset, property taxes will be calculated on its eventual market value, not its current condition, which is a factor for long-term budgeting.
