Property score
77.0
Good
Overall 77.0 · Compared with neighbourhood average
1,355 sqft (top 43%) · Built in 1971 (4 yrs older than avg)
Located in a high-income area with median household income of ~105k
Transit 74.0 · 2-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
2% smaller than neighborhood avg.
Year Built
Below average
4 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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77.0 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
431 Laxdal Road — 11 amenities found within 500 m, across 7 categories, including 4 dining (nearest 245 m), 1 education (nearest 143 m), 1 healthcare (nearest 311 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%
431 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 Summary: 431 Laxdal Road, Varsity View, Winnipeg
Key Characteristics & Appeal
This is a well-established, single-family bungalow on a large, 8,151 sqft lot in the desirable Varsity View neighborhood. Built in 1971, the 1,355 sqft home features a finished basement and an attached garage. Its standout characteristic is its exceptional lot size, which places it in the top 11% of all properties in Winnipeg for land area, offering significant outdoor space and potential in a mature community.
The appeal lies in a combination of space, location, and value. The property ranks highly within its immediate area for lot size, living area, and assessed value, suggesting it is a substantial and above-average offering for the neighborhood. It suits buyers looking for a solid, single-level living option in a central area, with the bonus of a large yard for gardening, recreation, or future expansion. It would particularly suit downsizers seeking main-floor living without sacrificing yard space, or families valuing location and the rarity of a large lot close to the university.
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, being in the "top 11%" for lot size city-wide highlights just how large and uncommon this parcel is.
2. Is a 55-year-old home a concern?
While the home is mature, its above-average rankings for assessed value and living area in the area suggest it has been maintained as a solid asset. A thorough inspection is always recommended to understand the condition of major systems and the roof.
3. What are the advantages of a finished basement here?
It immediately adds flexible living space, which is valuable in a bungalow. This could serve as a family room, home office, or separate area for guests or teenagers, enhancing the home's overall functionality.
4. Who might find the large lot most beneficial?
Beyond gardeners, the lot offers long-term potential. It provides privacy and room for children or pets to play, and its size could be attractive for future additions like a deck, workshop, or even a secondary suite, subject to zoning approvals.
5. How does the assessed value relate to the asking price?
The municipal assessment of $427,000 is a benchmark for property taxes and indicates the city's valuation. It can be a useful data point for comparison, but the final market price is determined by current buyer demand, the home's specific condition, and recent sales of similar properties.
