411 Laxdal Road

Varsity View, Winnipeg

Property score

76.2

Good

Overall 76.2 · Compared with neighbourhood average

1,338 sqft (top 44%) · 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: 4 dining spots, 1 school, 1 healthcare facility, and 1 shop nearby

Living Area

Near average

4% smaller 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)

Sold Count

281

Median price

492k

$/sqft

$398/sqft

Avg build year

1975

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Property score

76.2 is composed by the two sections below.

Property Score

69.0Good
Living Area71
1,338 sqftGood
Year Built52
1968Fair
Lot Size93
8,151 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

above average
1,338 sqft
0255075100
Same streetTop 25%Same areaTop 44%CitywideTop 39%
Same street · Laxdal Road
#45 / 183
Top 25% · Avg 1,206 sqft
Same area · Varsity View
#374 / 848
Top 44% · Avg 1,387 sqft
Citywide · Winnipeg
#76,281 / 194,458
Top 39% · Avg 1,342 sqft

Tax-Assessed Value

above average
421k
0255075100
Same streetTop 22%Same areaTop 45%CitywideTop 34%
Same street · Laxdal Road
#40 / 183
Top 22% · Avg 387.7k
Same area · Varsity View
#383 / 848
Top 45% · Avg 444.7k
Citywide · Winnipeg
#65,393 / 194,458
Top 34% · Avg 390.1k

Year Built

around average
1968
0255075100
Same streetBottom 36%Same areaBottom 33%CitywideTop 50%

Lot Size

above average
8,151 sqft
0255075100
Same streetTop 36%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

411 Laxdal Road — 11 amenities found within 500 m, across 7 categories, including 4 dining (nearest 307 m), 1 education (nearest 185 m), 1 healthcare (nearest 379 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

411 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: 411 Laxdal Road, Winnipeg

Property Overview

This 1968 one-storey bungalow in Varsity View offers a classic and practical home on a large, 8,151 sqft lot. Its key appeal lies in a combination of space, location, and move-in-ready condition. The home features 1,338 sqft of living space, a finished basement, and an attached garage. The property ranks highly within Winnipeg for its above-average lot size and assessed value, suggesting a solid, established presence in the market. It would particularly suit first-time buyers or downsizers looking for a manageable single-level layout in a mature neighbourhood, as well as value-conscious buyers who appreciate the potential of a large yard for gardening, expansion, or future redevelopment.

Key Details & FAQs

Key Characteristics & Appeal:
This is a home that prioritizes function and space over modern flash. Its strength is its substantial lot—a rare find in the city that outperforms 89% of Winnipeg properties for size—offering privacy and possibilities that newer subdivisions often lack. The appeal is grounded: a fully finished basement adds flexible living space, and its overall assessed value ranks better than 70% of homes city-wide, indicating a strong foundational investment. It suits buyers who want a character home without the extreme project status, appreciating the established trees and neighbourhood feel of Varsity View, and those who see the long-term value in land.

Frequently Asked Questions:

  1. What does the ranking data actually mean?
    The rankings compare this property to others on its street, in Varsity View, and across all of Winnipeg. For example, ranking in the "top 11%" for lot size in Winnipeg means the property is larger than 89% of homes in the city, a significant advantage.

  2. Is the finished basement included in the 1,338 sqft living area?
    Typically, the main living area (1,338 sqft) and the finished basement are listed separately. The 1,338 sqft likely refers to the above-ground living space, with the finished basement providing additional, flexible square footage.

  3. What are the implications of the home's age (built in 1968)?
    While the home is well-maintained with a finished basement, buyers should budget for potential updates to major aging components like the roof, windows, or mechanical systems, which is common for homes of this era.

  4. Why is the lot size considered a major feature?
    A lot of this scale (over 8,000 sqft) in a central neighbourhood is increasingly uncommon. It provides ample outdoor space, greater distance from neighbours, and future potential like adding a garage, garden, or even a secondary suite (subject to zoning approvals).

  5. Who would this neighbourhood, Varsity View, appeal to?
    Varsity View is a mature, established neighbourhood near the University of Manitoba. It typically appeals to those seeking a quiet, leafy community with a mix of long-term residents and academic professionals, valuing proximity to green spaces and the university campus over brand-new amenities.