381 Laxdal Road

Varsity View, Winnipeg

Property score

74.4

Good

Overall 74.4 · Compared with neighbourhood average

1,232 sqft (bottom 47%) · Built in 1969 (6 yrs older than avg)

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

Transit 80.0 · 4-min walk to transit with 3 nearby routes · Within 500m: 2 dining spots, 1 school, 1 healthcare facility, and 2 parks nearby

Living Area

Near average

11% 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)

Sold Count

281

Median price

492k

$/sqft

$398/sqft

Avg build year

1975

Need help understanding this property?

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

Property score

74.4 is composed by the two sections below.

Property Score

66.0Good
Living Area66
1,232 sqftGood
Year Built52
1969Fair
Lot Size93
8,152 sqftExcellent
Neighbourhood Sales Activity42
Low

Community Score

87.1Excellent
Household Income87
Excellent
Education Level91
Excellent
Housing Stress83
Excellent
Core Housing Need88
Excellent
Employment Health83
Excellent

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
1,232 sqft
0255075100
Same streetTop 36%Same areaBottom 47%CitywideTop 47%
Same street · Laxdal Road
#65 / 183
Top 36% · Avg 1,206 sqft
Same area · Varsity View
#451 / 848
Bottom 47% · Avg 1,387 sqft
Citywide · Winnipeg
#91,561 / 194,458
Top 47% · 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
1969
0255075100
Same streetBottom 41%Same areaBottom 35%CitywideTop 49%

Lot Size

above average
8,152 sqft
0255075100
Same streetTop 33%Same areaTop 29%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

381 Laxdal Road — 8 amenities found within 500 m, across 6 categories, including 2 dining (nearest 408 m), 1 education (nearest 274 m), 1 healthcare (nearest 483 m).

Search radius
🍽️Dining2
🏫Education1
🏥Healthcare1
🌳Parks2
🏦Finance1
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

381 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: 381 Laxdal Road, Winnipeg

Property Overview & Key Characteristics

This 1969-built, one-storey home in Varsity View offers a blend of space, established charm, and recreational appeal. Its most defining feature is the generous 8,152 sqft lot, which provides ample outdoor space and ranks within the top third of properties in Winnipeg for size. The home itself features 1,232 sqft of living space, a finished basement, and a notable private swimming pool. There is no garage.

The appeal lies in its established neighborhood setting and the rare combination of a large, private yard with a pool—a significant advantage for outdoor living and entertainment. Its rankings indicate it outperforms most city homes on lot size, but is more average in terms of age and interior space for its immediate area.

This property would suit buyers prioritizing outdoor amenities and space over a modern or expansive interior. It’s ideal for families or entertainers who value a large, private backyard oasis, or for those looking to add value through future landscaping or expansion. It may also appeal to buyers comfortable with the maintenance of a mature home and pool, and who do not require a garage.


Frequently Asked Questions

1. How does the lack of a garage impact daily life and property value?
While a garage is absent, the very large lot offers potential for adding a detached garage or carport, subject to local bylaws. Buyers should factor in the convenience trade-off and potential future investment.

2. What should I consider regarding a pool of this age?
A pool from a home built in 1969 requires diligent inspection. Focus on the condition of the liner/concrete, mechanical systems (pump, heater, filter), and associated operating costs. Ensure proper permits and safety fencing are in place.

3. The home is older; what are the likely maintenance priorities?
Given its age, key areas to investigate are the roof, original windows, plumbing, electrical systems, and the foundation. The recent assessment value suggests the home is in fair condition relative to the market.

4. The lot is large, but how is it shaped and positioned?
The specific dimensions and orientation are not listed. A viewing is essential to understand how the house sits on the lot, where the pool is located, sun exposure, and how the space can be utilized for gardens, play, or expansion.

5. The rankings show strong lot size but average interior space. What does this mean?
This highlights the property’s core dynamic: you are primarily investing in land and location. The interior is functional but not oversized for the neighborhood. The value proposition is the potential of the land and the lifestyle offered by the pool and yard.