374 Laxdal Road

Varsity View, Winnipeg

Property score

79.2

Good

Overall 79.2 · Larger but older than most nearby homes

1,904 sqft (top 15%) · Built in 1964 (11 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

Above average

37% larger than neighborhood avg.

Year Built

Below average

11 yrs older than neighborhood avg.

Mother tongue

English · 77%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

79.2 is composed by the two sections below.

Property Score

79.7Good
Living Area92
1,904 sqftExcellent
Year Built46
1964Low
Lot Size88
7,376 sqftExcellent
Neighbourhood Sales Activity42
Low

Community Score

78.4Good
Household Income81
Excellent
Education Level82
Excellent
Housing Stress63
Fair
Core Housing Need76
Good
Employment Health76
Good

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: #46111103

Community deep dive

$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

Population, labour & age

Population (2021)659
Labour force participation rate62%
Median age44.4
Avg household size2.4
Unemployment rate0%
Population density2353 / km²

Households & income

Low income (LIM-AT, % pop.)6%
Single-person households29%
Couple families with children30%
Median household income (2020)$92K

Housing

Renter households32%
Condominium dwellings16%
Median dwelling value (owners)$500K

Diversity, education & language

Immigrants (share of pop.)16%
Visible minority10%
Bachelor's or higher (25–64)44%
Mother tongue (1st)English · 77%
Mother tongue (2nd)Tagalog · 3%

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

Rankings

Living Area

Elite
1,904 sqft
0255075100
Same streetTop 5%Same areaTop 15%CitywideTop 13%
Same street · Laxdal Road
#9 / 183
Top 5% · Avg 1,206 sqft
Same area · Varsity View
#129 / 848
Top 15% · Avg 1,387 sqft
Citywide · Winnipeg
#25,924 / 194,458
Top 13% · Avg 1,342 sqft

Tax-Assessed Value

around average
391k
0255075100
Same streetTop 38%Same areaBottom 44%CitywideTop 41%
Same street · Laxdal Road
#70 / 183
Top 38% · Avg 387.7k
Same area · Varsity View
#478 / 848
Bottom 44% · Avg 444.7k
Citywide · Winnipeg
#79,099 / 194,458
Top 41% · Avg 390.1k

Year Built

around average
1964
0255075100
Same streetBottom 29%Same areaBottom 30%CitywideBottom 46%

Lot Size

above average
7,376 sqft
0255075100
Same streetBottom 48%Same areaTop 45%CitywideTop 14%

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

374 Laxdal Road — 4 amenities found within 500 m, across 3 categories, including 1 dining (nearest 448 m), 1 education (nearest 307 m), 2 parks (nearest 288 m).

Search radius
🍽️Dining1
🏫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

374 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: 374 Laxdal Road, Winnipeg

Property Summary: 374 Laxdal Road

Section 1: Overview & Appeal

This is a well-established, two-storey home in Varsity View, built in 1964. Its key characteristic is generous space, featuring nearly 1,900 sqft of living area on a large, 7,376 sqft lot, with a finished basement and detached garage. The home’s appeal lies in its established neighborhood setting and its above-average size, ranking in the top 15% of Winnipeg homes for living space. It offers room to grow and the potential for personalization.

The property would suit buyers looking for a solid, spacious family home in a mature area, who value interior square footage and lot size over a newer build. It’s ideal for someone comfortable with a home of this era, possibly seeing the good condition and finished basement as a move-in-ready canvas, while understanding that updates over time may align with personal taste. A less obvious perspective is its strong ranking for space against most of Winnipeg, which could appeal to those moving from newer, denser subdivisions seeking more room without a premium price tag.

Section 2: Key Questions (FAQs)

1. What is the true sense of the home’s condition?
The data indicates a “finished” basement and the home ranks highly for size, but as a 1964 build, a thorough inspection is essential to understand the state of major systems like plumbing, electrical, and the roof, which may be original or partially updated.

2. How does the “value” ranking translate?
The assessment value ranks in the top 37% city-wide, suggesting the city views it as a solidly above-average property for tax purposes. This can be a benchmark, but market value is ultimately determined by current buyer demand and the home’s presented condition.

3. What are the implications of the lot size?
At over 7,300 sqft, the lot is significantly larger than many modern properties. This offers ample private outdoor space, gardening potential, and room for additions like a deck or shed, but also means corresponding maintenance and landscaping responsibilities.

4. Why do the rankings for “newness” and “size” differ so much?
The home scores very low for its age (bottom 30% in the area) but very high for its living space (top 15% in the city). This highlights the classic trade-off in mature neighborhoods: you get more interior and land space for your money, but within an older structural envelope.

5. What is the neighborhood vibe of Varsity View?
As a established community, it likely offers mature tree-lined streets, a mix of long-term residents and families, and proximity to universities and amenities. The street ranking shows it’s about average for its immediate area, meaning it fits right into the fabric of the neighborhood without standing out as exceptionally large or small on its block.