Property score
77.7
Good
Overall 77.7 · Compared with neighbourhood average
1,407 sqft (top 40%) · Built in 1968 (7 yrs older than avg)
Located in a high-income area with median household income of ~105k
Transit 80.0 · 3-min walk to transit with 3 nearby routes · Within 500m: 3 dining spots, 1 school, 1 healthcare facility, and 1 shop nearby
Living Area
Near average
1% larger 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)
281
492k
$398/sqft
1975
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77.7 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
407 Laxdal Road — 10 amenities found within 500 m, across 7 categories, including 3 dining (nearest 324 m), 1 education (nearest 198 m), 1 healthcare (nearest 396 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%
407 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.
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview & Key Characteristics
This 1968-built, single-storey home in Varsity View offers a classic, low-maintenance layout with a fully finished basement. Its primary appeal lies in its generous 8,152 sqft lot—a significant and increasingly rare asset in a central neighbourhood—providing ample space for gardening, play, or future expansion. With over 1,400 sqft of living space, it ranks well above average for size within its immediate area. The property's strongest competitive edge is its city-wide ranking: its lot size places it in the top 11% of all Winnipeg properties, suggesting exceptional outdoor space for the location. It suits buyers looking for a solid, established home with room to breathe, who value a large yard over a modern build or garage. It would particularly appeal to downsizers seeking single-level living without sacrificing garden space, or to families prioritizing lot size and location who are comfortable with a home of vintage character.
Frequently Asked Questions
1. How does the 1968 build year affect the home?
While the home ranks as newer than about half of Winnipeg's housing stock, buyers should anticipate updates consistent with its era, such as original windows or mechanical systems, and budget accordingly.
2. The listing shows no garage. What are the parking options?
The property does not include a garage. However, the very large lot may offer potential for adding a parking pad or future garage, subject to city bylaws and permits.
3. What does the "fully finished basement" include?
The details provided confirm the basement is finished, adding to the livable space. Specifics on room layout, ceiling height, and moisture control should be verified during a viewing.
4. The assessed value is $389,000. How should I interpret this?
The assessment is for municipal tax purposes and indicates the home ranks in the top 40% for value on its street. Market value is determined by current sale prices and may differ; consult a real estate professional for a valuation.
5. The rankings show high marks for lot size but lower ones for build year. What's the takeaway?
This highlights the property's core trade-off: it offers a premier, large lot in a desirable area, but the home itself is of average age for the city. The value proposition is land-centric, ideal for those who see potential in the location and space.
