343 Laxdal Road

Varsity View, Winnipeg

Property score

68.8

Good

Overall 68.8 · Smaller and older than most nearby homes

1,003 sqft (bottom 22%) · Built in 1959 (16 yrs older than avg)

Located in a high-income area with median household income of ~105k

Transit 70.0 · 6-min walk to transit with 3 nearby routes · Within 500m: 1 school, and 2 parks nearby

Living Area

Below average

28% smaller than neighborhood avg.

Year Built

Below average

16 yrs older than neighborhood avg.

Mother tongue

English · 79%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

68.8 is composed by the two sections below.

Property Score

56.6Fair
Living Area1,003 sqft52Fair
Year Built195943Low
Lot Size13,589 sqft98Excellent
Neighbourhood Sales Activity42Low

Community Score

87.1Excellent
Household Income87Excellent
Education Level91Excellent
Housing Stress83Excellent
Core Housing Need88Excellent
Employment Health83Excellent

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: #46110350

Community deep dive

$105K

Median household income

$129K

Average household income

6%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.1

P90 / P10 ratio

26%

Single-person households

34%

Families with children

Population, labour & age

Population (2021)742
Labour force participation rate70%
Median age40.4
Avg household size2.5
Unemployment rate3%
Population density3091 / km²

Households & income

Low income (LIM-AT, % pop.)6%
Single-person households26%
Couple families with children34%
Median household income (2020)$105K

Housing

Renter households26%
Condominium dwellings0%
Median dwelling value (owners)$424K

Diversity, education & language

Immigrants (share of pop.)15%
Visible minority18%
Bachelor's or higher (25–64)53%
Mother tongue (1st)English · 78%
Mother tongue (2nd)Tagalog · 2%

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

Rankings

Living Area

below average
1,003 sqft
0255075100
Same streetBottom 28%Same areaBottom 22%CitywideBottom 26%
Same street · Laxdal Road
#132 / 183
Bottom 28% · Avg 1,206 sqft
Same area · Varsity View
#664 / 848
Bottom 22% · Avg 1,387 sqft
Citywide · Winnipeg
#143,181 / 194,458
Bottom 26% · Avg 1,342 sqft

Tax-Assessed Value

around average
367k
0255075100
Same streetBottom 39%Same areaBottom 34%CitywideTop 48%
Same street · Laxdal Road
#111 / 183
Bottom 39% · Avg 387.7k
Same area · Varsity View
#562 / 848
Bottom 34% · Avg 444.7k
Citywide · Winnipeg
#93,241 / 194,458
Top 48% · Avg 390.1k

Year Built

around average
1959
0255075100
Same streetBottom 19%Same areaBottom 25%CitywideBottom 40%

Lot Size

Elite
13,589 sqft
0255075100
Same streetTop 11%Same areaTop 6%CitywideTop 3%

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

343 Laxdal Road — 3 amenities found within 500 m, across 2 categories, including 1 education (nearest 410 m), 2 parks (nearest 189 m).

Search radius
🏫Education1
🌳Parks2

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

343 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: 343 Laxdal Road, Winnipeg

Property Overview: 343 Laxdal Road, Varsity View, Winnipeg

Key Characteristics & Appeal

This 1959-built, one-storey home sits on a notably large, approximately 13,600 sqft lot in the established Varsity View neighbourhood. Its primary appeal lies in the exceptional size of its property, which ranks in the top 3% of all lots in Winnipeg, offering rare potential for expansion, gardening, or outdoor living within the city. The home itself is a modest 1,003 sqft bungalow with a finished basement, presenting a straightforward layout. Its competitive rankings highlight a key dynamic: while the house is average in size and below average in age for the area, the lot is outstanding. This creates a clear value proposition centered on land potential rather than a modernized dwelling.

The property would best suit a buyer with a vision for the land—whether that’s a future addition, building a new home, or simply desiring immense private outdoor space. It’s also a practical entry point into a desirable central neighbourhood for those comfortable with a home from the 1950s, willing to live in it as-is or renovate over time. A less obvious perspective is its appeal to multi-generational families; the large lot and bungalow style could allow for the future addition of a separate suite or accessible living arrangements.

Frequently Asked Questions

1. What does the "finished basement" entail?
The listing confirms a finished basement but does not specify the extent, rooms, or ceiling height. Viewing the property is essential to assess its condition, layout, and whether it meets your definition of livable space.

2. Why is there no garage?
Many older homes in central neighbourhoods were built without garages. The large lot provides ample space to add off-street parking or construct a garage, subject to local zoning bylaws.

3. How does the 1959 build year affect the home?
While the structure is sound, buyers should budget for updates to major aging components like the roof, plumbing, electrical, and windows. A thorough home inspection is highly recommended.

4. What can be done with such a large lot?
The lot size is the standout feature. Potential uses include adding a significant addition, building a detached garage or workshop, creating extensive landscaping or gardens, or even subdividing the lot (subject to strict city approval, which is not guaranteed).

5. The assessed value is $367,000. Will it sell for that?
Property assessments are for municipal tax purposes and may not reflect current market value. The sale price will be determined by market conditions, buyer demand for large lots, and the home's condition.

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