373 Laxdal Road

Varsity View, Winnipeg

Property score

72.3

Good

Overall 72.3 · Compared with neighbourhood average

1,105 sqft (bottom 33%) · Built in 1968 (7 yrs older than avg)

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

Transit 80.0 · 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

20% 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 Area1,105 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
1,105 sqft
0255075100
Same streetBottom 45%Same areaBottom 33%CitywideBottom 40%
Same street · Laxdal Road
#100 / 183
Bottom 45% · Avg 1,206 sqft
Same area · Varsity View
#566 / 848
Bottom 33% · Avg 1,387 sqft
Citywide · Winnipeg
#116,321 / 194,458
Bottom 40% · Avg 1,342 sqft

Tax-Assessed Value

around average
377k
0255075100
Same streetBottom 49%Same areaBottom 39%CitywideTop 45%
Same street · Laxdal Road
#94 / 183
Bottom 49% · Avg 387.7k
Same area · Varsity View
#521 / 848
Bottom 39% · Avg 444.7k
Citywide · Winnipeg
#87,097 / 194,458
Top 45% · 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

373 Laxdal Road — 5 amenities found within 500 m, across 4 categories, including 1 dining (nearest 442 m), 1 education (nearest 306 m), 2 parks (nearest 301 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

373 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: 373 Laxdal Road, Winnipeg

Property Overview

This 1968-built, one-storey home in Varsity View offers a classic and practical living arrangement on a large, 8,153 sqft lot. Its key appeal lies in the combination of a spacious, established property with a fully finished basement, providing flexible living space. The home’s 1,105 sqft main floor is complemented by the additional below-grade area, making it a functional layout for a variety of needs. Its strong city-wide ranking for lot size (top 11%) indicates a property with valuable outdoor space and privacy uncommon in many areas.

It would particularly suit first-time buyers or downsizers looking for a manageable single-level layout without sacrificing yard size, or investors/renovators who see potential in the solid foundation and generous lot. A less obvious perspective is its appeal to those seeking a "blank canvas" property in a mature neighbourhood—the large lot and finished basement offer multiple avenues for future expansion or customization, whether for outdoor living, gardening, or creating a separate in-law suite.


Frequently Asked Questions

1. What does the "ranking" data mean?
The rankings compare this property against others on its street, in Varsity View, and across all of Winnipeg. For example, ranking in the top 11% for lot size in Winnipeg means the property is larger than 89% of homes in the city, a significant advantage.

2. Is the finished basement included in the 1,105 sqft living area?
No. The 1,105 sqft refers to the above-grade, main floor living space. The fully finished basement is additional square footage, increasing the home's total usable area.

3. What are the implications of the home's age (58 years)?
While the home has been maintained, buyers should budget for potential updates to major aging components like the roof, windows, or mechanical systems. Its age is typical for the neighbourhood and is offset by the value of the mature lot.

4. How does the lot size benefit a buyer?
Beyond simple privacy, a lot of this scale (over 8,000 sqft) provides rare potential for additions, landscaping projects, or recreational space. It also likely contributes to the property's assessed value and future resale appeal.

5. The value rank is higher than the size/age ranks. What does this indicate?
The assessment value ranks higher than the living area or age rankings, suggesting that factors like the desirable lot size, finished basement, and location in Varsity View are positively influencing its official valuation.

Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.