417 Laxdal Road

Varsity View, Winnipeg

Property score

72.3

Good

Overall 72.3 · Compared with neighbourhood average

1,123 sqft (bottom 34%) · 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

Below average

19% 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

72.3 is composed by the two sections below.

Property Score

62.4Fair
Living Area1,123 sqft60Fair
Year Built196852Fair
Lot Size8,151 sqft93Excellent
Neighbourhood Sales Activity42Low

Community Score

87.1Excellent
Household Income87Excellent
Education Level91Excellent
Housing Stress83Excellent
Core Housing Need88Excellent
Employment Health83Excellent

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
1,123 sqft
0255075100
Same streetBottom 49%Same areaBottom 34%CitywideBottom 42%
Same street · Laxdal Road
#94 / 183
Bottom 49% · Avg 1,206 sqft
Same area · Varsity View
#556 / 848
Bottom 34% · Avg 1,387 sqft
Citywide · Winnipeg
#112,217 / 194,458
Bottom 42% · Avg 1,342 sqft

Tax-Assessed Value

around average
376k
0255075100
Same streetBottom 48%Same areaBottom 38%CitywideTop 45%
Same street · Laxdal Road
#96 / 183
Bottom 48% · Avg 387.7k
Same area · Varsity View
#527 / 848
Bottom 38% · Avg 444.7k
Citywide · Winnipeg
#87,643 / 194,458
Top 45% · 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

417 Laxdal Road — 11 amenities found within 500 m, across 7 categories, including 4 dining (nearest 291 m), 1 education (nearest 173 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

417 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: 417 Laxdal Road, Winnipeg

Property Summary: 417 Laxdal Road, Varsity View, Winnipeg

Key Characteristics & Appeal

This is a well-situated, classic one-storey home in the established Varsity View neighborhood. Its primary appeal lies in a generous, mature lot of over 8,150 square feet—a significant size that ranks in the top 11% of all properties in Winnipeg. The home itself, built in 1968, offers 1,123 sqft of living space with a finished basement and an attached garage. While the house is of average size for its area, the standout feature is undoubtedly the land, offering substantial outdoor space and privacy in a central location.

The property would suit a practical buyer who values space and location over a modern, turn-key home. It’s an ideal candidate for someone looking for a solid foundation in a prime neighborhood—whether that’s a young family seeking room to grow and play, a downsizer wanting a manageable single-level layout with a large garden, or an investor/renovator who sees potential in the existing structure and the exceptional lot size. Its above-average city-wide rankings for lot size and assessed value suggest a property with strong underlying value in a desirable area.

Frequently Asked Questions

1. What is the true advantage of such a large lot?
Beyond privacy and space, a lot of this size (over 8,150 sqft) in an established neighborhood like Varsity View is a rare asset. It offers long-term flexibility for gardening, expansions, or future additions, which is increasingly uncommon in central urban areas.

2. Is the 1968 build date a concern?
While the home is from 1968, its assessed value ranks above average city-wide, indicating it has been maintained. A pre-purchase inspection is always advised to understand the condition of major systems (roof, wiring, plumbing) common to homes of this era and to plan for any updates.

3. The home size is average; what am I really paying for?
You are primarily investing in the land and location. The value proposition is securing a large, central property in a sought-after neighborhood. The house provides a liveable foundation, with the lot offering the significant future potential.

4. How does the finished basement add value?
It effectively increases the usable living space beyond the listed 1,123 sqft. This space can function as a family room, home office, or additional bedrooms, adding practical daily utility to the home.

5. What does the "ranking" data mean for me?
The rankings show how this property compares to others nearby. For example, ranking in the top 11% in Winnipeg for lot size confirms its standout characteristic. The rankings for age and living size being more average help set realistic expectations about the dwelling itself, highlighting a trade-off between lot premium and a home that may require personalization.

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