Property score
60.9
Fair
Overall 60.9 · Smaller and older than most nearby homes
910 sqft (bottom 13%) · Built in 1955 (20 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, and 2 parks nearby
Living Area
Below average
34% smaller than neighborhood avg.
Year Built
Below average
20 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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60.9 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
328 Laxdal Road — 3 amenities found within 500 m, across 2 categories, including 1 education (nearest 446 m), 2 parks (nearest 163 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 1% | Bottom 2% | Bottom 11% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 328 Laxdal Road, Varsity View, Winnipeg
Section 1: Key Characteristics & Appeal
This is a classic 1955-built, single-storey home on an exceptionally large, mature lot in the established Varsity View neighborhood. Its primary appeal lies in the rare combination of a central, family-friendly location and a vast, private outdoor space (over 14,600 sqft), which ranks in the top 2% of all properties in Winnipeg for land size. The house itself is modest at 910 sqft, presenting a clear opportunity for expansion or redevelopment to match the lot's potential.
The property suits two main types of buyers. First, it's ideal for a renovator, builder, or long-term planner who values land over the existing structure and envisions creating a custom home or significant addition. Second, it could appeal to a buyer seeking a lower entry point into a desirable neighborhood, who is comfortable with the home's original footprint and prioritizes immense yard space for gardens, recreation, or future projects. A less obvious perspective is its appeal to multi-generational living plans, where the large lot could accommodate a secondary suite or future separate dwelling.
Section 2: 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: the lot size is in the top 5% locally and top 2% city-wide (highly competitive), while the house itself is older and smaller than most comparable properties, indicating the value is primarily in the land.
2. Is this a teardown property?
Not necessarily. The 910 sqft bungalow is livable and could be renovated. However, the significant disparity between the high land value and the modest, older home suggests that major expansion or redevelopment is the most likely path to maximize the investment, making it a prime candidate for those with such plans.
3. How does the 2017 sale price relate to the current assessed value?
The property sold for $200,000 in 2017 and is now assessed at $297,000. This increase reflects broader market trends and, more specifically, the growing premium for large lots in central neighborhoods. The assessment suggests the city sees substantial underlying land value.
4. What are the immediate costs or considerations?
Buyers should budget for updates expected in a home from 1955, including mechanical systems, windows, and insulation. The roof's age should be verified. The scale of the lot also means higher maintenance (lawn care, snow clearing) or potential landscaping costs.
5. What is the neighborhood character and potential?
Varsity View is a stable, quiet residential area near the University of Manitoba. The lot's size is atypical, offering more privacy and space than most neighbors. This creates a unique opportunity but also a responsibility—any future development should be mindful of the established neighborhood scale and tree canopy that likely exists on such a mature lot.
