Property score
72.3
Good
Overall 72.3 · Compared with neighbourhood average
1,168 sqft (bottom 39%) · Built in 1969 (6 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
16% smaller than neighborhood avg.
Year Built
Below average
6 yrs older than neighborhood avg.
Mother tongue
English · 79%Tagalog · 3%
Past 10 years Varsity View sales snapshot (~80% of all data)
281
492k
$398/sqft
1975
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
72.3 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: #46110350
$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
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
377 Laxdal Road — 5 amenities found within 500 m, across 4 categories, including 1 dining (nearest 425 m), 1 education (nearest 290 m), 2 parks (nearest 319 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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 39% | Top 47% | Top 37% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This 1969 one-storey home in Varsity View offers a classic, low-maintenance layout on a large, 8,152 sqft lot. Its key appeal lies in the combination of a generous, private yard—a rarity in mature neighbourhoods—with a fully finished basement, effectively expanding the 1,168 sqft main floor living space. The property’s value is underscored by its strong city-wide rankings; it sits in the top 11% for lot size and the top 33% for assessed value in Winnipeg, indicating a well-regarded asset relative to the broader market.
The home suits first-time buyers or downsizers seeking a manageable single-level floorplan without sacrificing outdoor space. It also appeals to value-conscious investors or renovators, given the solid lot equity and the neighbourhood's enduring demand. A less obvious perspective is its potential for lateral expansion or garden suite development (subject to zoning), making the sizable lot a long-term strategic asset beyond the existing home.
Frequently Asked Questions
1. How does the 1969 build year affect the home?
While the structure is from 1969, the fully finished basement suggests updates. Buyers should budget for standard maintenance expected of a home of this age, particularly focusing on the roof, windows, and major systems, but can also appreciate the character and established neighbourhood that comes with it.
2. What does the "top 11% for lot size in Winnipeg" ranking mean practically?
This statistic isn’t just about bragging rights. It means you own a larger-than-average parcel of land in the city, offering superior privacy, space for gardening, play, or entertaining, and potentially greater future value as larger lots become increasingly scarce.
3. Is the 2021 sale price relevant today?
The 2021 sale of $385,000 provides a recent benchmark, but the current $407,000 assessment offers a more up-to-date, municipal valuation for tax purposes. Market value will depend on current conditions, recent upgrades, and the property's presentation.
4. Who is the typical buyer in Varsity View?
The neighbourhood attracts a mix of university staff, families drawn to the central location and mature setting, and long-term residents. This home, with its single-level layout, particularly appeals to those looking to avoid stairs.
5. What are the immediate next steps for a new owner?
Priorities would be to verify the scope and permits for the basement finish, conduct thorough inspections due to the home's age, and consider how to best utilize the exceptional lot size—whether for immediate enjoyment or long-term planning.
