Property score
56.8
Fair
Overall 56.8 · Smaller and older than most nearby homes
846 sqft (bottom 8%) · Built in 1954 (21 yrs older than avg)
Located in a high-income area with median household income of ~92k
Transit 70.0 · 5-min walk to transit with 3 nearby routes · Within 500m: 1 dining spot, 1 school, and 2 parks nearby
Living Area
Below average
39% smaller than neighborhood avg.
Year Built
Below average
21 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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56.8 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: #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
362 Laxdal Road — 4 amenities found within 500 m, across 3 categories, including 1 dining (nearest 468 m), 1 education (nearest 326 m), 2 parks (nearest 269 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%
362 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 Overview
This 1954 one-storey home in Varsity View is defined by its substantial, mature lot and functional layout. Its primary appeal lies in the rare combination of a large, 8,576 sqft property within a central, established neighbourhood. The home itself is modest in size at 846 sqft but offers a finished basement and a split garage. Its competitive strength is clearly in the land: the lot size ranks in the top 9% of all Winnipeg, suggesting significant future potential. The home suits a practical buyer—perhaps a first-time homeowner, an investor, or a downsizer—who values location and land size over a large or modern living space. It’s a property where the real value may be in the long-term opportunity of the lot itself, making it ideal for someone with a vision for renovation, expansion, or simply securing a sizable piece of a sought-after community.
Key Questions & Considerations
What does the ranking data actually tell me?
The rankings show this property excels in lot size but is older and smaller than most comparables. It's a trade-off: you're acquiring a top-tier lot with a home that needs to be evaluated for its current condition and suitability.
Is the finished basement included in the 846 sqft living area?
Typically, the listed living area (846 sqft) refers to above-ground space. The finished basement would provide additional usable rooms, but clarification on its size, layout, and ceiling height is essential.
What are the implications of such a large lot?
Beyond privacy and space, a lot of this size could allow for additions like a garden suite, a major expansion, or a new build (subject to zoning). It also means higher maintenance and property tax assessments are often land-value driven.
How does the 1954 build year affect things?
While the home has been maintained, buyers should proactively investigate the condition of major aging components like the roof, plumbing, electrical, and foundation, and budget for updates.
Why is the assessed value notably lower than the likely selling price?
Municipal assessments often lag behind market trends, especially in high-demand areas. The assessed value is a tax calculation tool; the market price will be driven by the lot's rarity and location more than the existing home's appraisal.
