421 Laxdal Road

Varsity View, Winnipeg

Property score

76.2

Good

Overall 76.2 · Compared with neighbourhood average

1,326 sqft (top 45%) · Built in 1968 (7 yrs older than avg)

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

Transit 74.0 · 3-min walk to transit with 2 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 Area1,326 sqft71Good
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

above average
1,326 sqft
0255075100
Same streetTop 26%Same areaTop 45%CitywideTop 40%
Same street · Laxdal Road
#48 / 183
Top 26% · Avg 1,206 sqft
Same area · Varsity View
#380 / 848
Top 45% · Avg 1,387 sqft
Citywide · Winnipeg
#77,666 / 194,458
Top 40% · Avg 1,342 sqft

Tax-Assessed Value

around average
402k
0255075100
Same streetTop 31%Same areaBottom 49%CitywideTop 38%
Same street · Laxdal Road
#56 / 183
Top 31% · Avg 387.7k
Same area · Varsity View
#435 / 848
Bottom 49% · Avg 444.7k
Citywide · Winnipeg
#73,515 / 194,458
Top 38% · 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

421 Laxdal Road — 12 amenities found within 500 m, across 7 categories, including 4 dining (nearest 275 m), 1 education (nearest 161 m), 1 healthcare (nearest 345 m).

Search radius
🍽️Dining4
🏫Education1
🏥Healthcare1
🛒Shopping1
🌳Parks3
🏦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

421 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: 421 Laxdal Road, Winnipeg

Property Overview

This 1968 one-storey home in Varsity View offers a classic, low-maintenance layout on a large, 8,151 sqft lot. Its key appeal lies in the combination of a spacious, private yard—a rarity in the area—with a fully finished basement, providing ample functional space. The home’s living area of 1,326 sqft ranks above average for the neighborhood, offering comfortable room for daily life. It would particularly suit first-time buyers or downsizers seeking a single-level living arrangement in a well-established community, or an investor/renovator attracted by the significant lot size and the potential it holds. The property’s strong rankings for lot size and value within Winnipeg suggest a solid, competitive footing in the market.

Key Details & Questions

What are the less obvious advantages of this property?
Beyond the finished basement and large yard, the property’s lot size is a standout feature, ranking in the top 11% city-wide. This offers exceptional privacy and space for gardens, play, or future expansion. Its value assessment also ranks highly, suggesting it is a competitively priced asset in its class.

What should a buyer be mindful of?
The home’s age (58 years) means systems like plumbing, electrical, and the roof may be at or beyond their typical service life. While the basement is finished, the underlying structure and waterproofing should be carefully inspected.

How does its value compare in the area?
The assessment value ranks higher than 66% of all Winnipeg homes, indicating strong fundamental value for its offering. In its immediate neighborhood and street, it also ranks above average for both size and value.

Is the garage attached?
The listing specifies a "split garage" or "分体车库," which typically means a detached, two-car garage structure.

What is the neighborhood like?
Varsity View is a mature, central Winnipeg community known for its tree-lined streets and proximity to the University of Manitoba. The property’s rankings show it outperforms most neighborhood homes for lot size, which is a significant advantage in such an established area.

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