363 Laxdal Road

Varsity View, Winnipeg

Property score

72.3

Good

Overall 72.3 · Compared with neighbourhood average

1,168 sqft (bottom 39%) · Built in 1968 (7 yrs older than avg)

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

Transit 70.0 · 5-min walk to transit with 3 nearby routes · Within 500m: 1 dining spot, 1 school, 2 parks, and 1 place of worship nearby

Living Area

Below average

16% smaller than neighborhood avg.

Year Built

Below average

7 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

72.3 is composed by the two sections below.

Property Score

62.4Fair
Living Area1,168 sqft60Fair
Year Built196852Fair
Lot Size8,153 sqft93Excellent
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

around average
1,168 sqft
0255075100
Same streetTop 44%Same areaBottom 39%CitywideBottom 47%
Same street · Laxdal Road
#80 / 183
Top 44% · Avg 1,206 sqft
Same area · Varsity View
#519 / 848
Bottom 39% · Avg 1,387 sqft
Citywide · Winnipeg
#103,482 / 194,458
Bottom 47% · Avg 1,342 sqft

Tax-Assessed Value

above average
413k
0255075100
Same streetTop 26%Same areaTop 48%CitywideTop 35%
Same street · Laxdal Road
#47 / 183
Top 26% · Avg 387.7k
Same area · Varsity View
#406 / 848
Top 48% · Avg 444.7k
Citywide · Winnipeg
#68,621 / 194,458
Top 35% · Avg 390.1k

Year Built

around average
1968
0255075100
Same streetBottom 36%Same areaBottom 33%CitywideTop 50%

Lot Size

above average
8,153 sqft
0255075100
Same streetTop 32%Same areaTop 28%CitywideTop 11%

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

363 Laxdal Road — 5 amenities found within 500 m, across 4 categories, including 1 dining (nearest 477 m), 1 education (nearest 340 m), 2 parks (nearest 264 m).

Search radius
🍽️Dining1
🏫Education1
🌳Parks2
Worship1

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

Sold 10/2023CA$400k–450k
Sold price

Same street

Top 21%

Same area

Top 35%

City-wide

Top 26%
Sold 8/2017CA$300k–350k
Sold price

Same street

Bottom 28%

Same area

Bottom 33%

City-wide

Bottom 45%

Related homes

Highlights & common questions: 363 Laxdal Road, Winnipeg

Property Summary: 363 Laxdal Road, Varsity View, Winnipeg

Section 1: Key Characteristics & Appeal

This well-situated one-storey home in the established Varsity View neighbourhood offers a classic and practical living arrangement. Its key characteristics include a generous 8,153 sqft lot, 1,168 sqft of living space, a finished basement, and a detached garage. Built in 1968, the home presents a solid opportunity for buyers seeking a move-in-ready property with room to personalize over time.

The primary appeal lies in its location and lot size. The property ranks in the top third of homes in Winnipeg for lot area, providing exceptional outdoor space that is increasingly rare. Its high ranking for assessed and recent sale value against city-wide comparables suggests a strong, stable investment in a desirable area. This home would perfectly suit first-time buyers looking for a spacious starter home, small families valuing a large yard, or downsizers seeking single-level living without compromising on outdoor privacy. A thoughtful perspective is that the home’s established nature and recent sale history indicate a "known quantity" in the market—a less speculative purchase in a neighbourhood with proven demand.

Section 2: Frequently Asked Questions

1. How does the 1968 build year affect the home?
While not new, the home’s systems and structure are from a known era of solid construction. Buyers should budget for updates to era-specific features, but can also appreciate the straightforward layout and mature landscaping that comes with an established property.

2. What does the high ranking for lot size actually mean?
It means this property’s lot is larger than 89% of all residential lots in Winnipeg. In practical terms, this offers significant potential for gardening, recreation, expansion, or simply enjoying more private outdoor space than most newer properties provide.

3. The home sold recently in 2023; why is it back on the market?
While the specific reason isn’t listed, a quick resale isn’t uncommon. It can relate to a change in the owner’s personal circumstances rather than an issue with the property itself. The 2023 sale price provides a very clear, recent benchmark for current market value.

4. Is the finished basement included in the 1,168 sqft living area?
Typically, the listed living area refers to above-grade square footage. The finished basement is an additional bonus space, adding functional living or storage areas not reflected in that main figure.

5. The value rankings seem strong; does this mean the price is firm?
The data shows this property historically commands values above most Winnipeg homes. This indicates a desirable asset, but the final price is always determined by current market conditions, the home’s specific condition, and negotiation. The rankings are a useful tool for understanding its competitive position.

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