410 Laxdal Road

Varsity View, Winnipeg

Property score

73.1

Good

Overall 73.1 · Older than most nearby homes

1,466 sqft (top 38%) · Built in 1961 (14 yrs older than avg)

Located in a high-income area with median household income of ~92k

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

Living Area

Near average

6% larger than neighborhood avg.

Year Built

Below average

14 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

73.1 is composed by the two sections below.

Property Score

69.5Good
Living Area75
1,466 sqftGood
Year Built46
1961Low
Lot Size88
7,198 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

above average
1,466 sqft
0255075100
Same streetTop 17%Same areaTop 38%CitywideTop 32%
Same street · Laxdal Road
#32 / 183
Top 17% · Avg 1,206 sqft
Same area · Varsity View
#321 / 848
Top 38% · Avg 1,387 sqft
Citywide · Winnipeg
#63,108 / 194,458
Top 32% · Avg 1,342 sqft

Tax-Assessed Value

above average
414k
0255075100
Same streetTop 25%Same areaTop 47%CitywideTop 35%
Same street · Laxdal Road
#46 / 183
Top 25% · Avg 387.7k
Same area · Varsity View
#401 / 848
Top 47% · Avg 444.7k
Citywide · Winnipeg
#68,207 / 194,458
Top 35% · Avg 390.1k

Year Built

around average
1961
0255075100
Same streetBottom 24%Same areaBottom 27%CitywideBottom 43%

Lot Size

above average
7,198 sqft
0255075100
Same streetBottom 45%Same areaTop 48%CitywideTop 15%

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

410 Laxdal Road — 11 amenities found within 500 m, across 7 categories, including 4 dining (nearest 284 m), 1 education (nearest 149 m), 1 healthcare (nearest 362 m).

Search radius
🍽️Dining4
🏫Education1
🏥Healthcare1
🛒Shopping1
🌳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

Sold 4/2016CA$350k–400k
Sold price

Same street

Bottom 46%

Same area

Bottom 42%

City-wide

Top 46%

Related homes

Highlights & common questions: 410 Laxdal Road, Winnipeg

Property Overview: 410 Laxdal Road

Key Characteristics & Appeal

This is a well-established, single-storey home in the sought-after Varsity View neighbourhood. Built in 1961, it sits on a large, mature lot of over 7,000 square feet, offering a generous and private outdoor space that is increasingly rare in central areas. The home features 1,466 sqft of living space, a finished basement, and an attached garage.

Its primary appeal lies in its excellent relative value and location. The property ranks in the top 15-30% of all Winnipeg homes for lot size, living area, and assessed value, suggesting it offers more space for your dollar compared to much of the market. It suits buyers looking for a solid, move-in-ready home in a mature community without the premium price tag of a new build. It’s ideal for those who prioritize a large yard over a recently constructed house, and for families or professionals seeking the stability and convenience of a long-established neighbourhood close to universities and amenities.

A less obvious perspective is the home’s proven long-term value. Having appreciated steadily from its 2016 sale price, it demonstrates a stable investment in a neighbourhood that consistently holds its appeal. The mature lot also presents future potential, whether for gardening, expansion, or simply enjoying established trees and privacy.


Frequently Asked Questions

1. How does the age of the home (65 years) affect its value and appeal?
While the build year is older, the home’s above-average rankings for size and assessed value show that it has been maintained and offers substantial physical attributes. The appeal is in the character, mature landscape, and larger lot size typical of its era, balanced against the potential for future updates.

2. What do the percentile rankings actually mean for a buyer?
They are a quick snapshot of how this property compares to others. For example, ranking in the top 15% in Winnipeg for lot size means the yard is larger than 85% of properties in the city, a significant advantage. Its high rankings in living area and assessed value further indicate it is a spacious property for its market segment.

3. The home ranks lower for "newness." Should I be concerned?
This ranking is purely chronological. It doesn’t reflect the condition or updates made over the years. The more crucial rankings are for living space, lot size, and assessed value, where this property performs very well. A thorough inspection is always recommended to understand the home's current state.

4. Who would this property NOT be suited for?
It may not suit buyers seeking a modern, open-concept layout without renovation work, or those who prefer a brand-new home with all contemporary finishes and systems. It also may not fit those who want a low-maintenance yard, as a large, mature lot requires upkeep.

5. The last sale was in 2016. Is that a red flag?
Not at all. A long ownership period (8+ years) often indicates a stable, well-cared-for home and a satisfied seller. It suggests the neighbourhood is one where people put down roots, which is a positive sign of community desirability.