451 Laxdal Road

Varsity View, Winnipeg

Property score

83.8

Excellent

Overall 83.8 · Larger than most nearby homes

1,819 sqft (top 19%) · Built in 1971 (4 yrs older than avg)

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

Transit 46.0 · 17-min walk to transit with 2 nearby routes · Within 500m: 4 dining spots, 1 school, 1 healthcare facility, and 1 shop nearby

Living Area

Above average

31% larger 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)

Sold Count

281

Median price

492k

$/sqft

$398/sqft

Avg build year

1975

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Property score

83.8 is composed by the two sections below.

Property Score

81.6Excellent
Living Area89
1,819 sqftExcellent
Year Built58
1971Fair
Lot Size97
10,188 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
1,819 sqft
0255075100
Same streetTop 6%Same areaTop 19%CitywideTop 17%
Same street · Laxdal Road
#11 / 183
Top 6% · Avg 1,206 sqft
Same area · Varsity View
#163 / 848
Top 19% · Avg 1,387 sqft
Citywide · Winnipeg
#32,115 / 194,458
Top 17% · 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

above average
1971
0255075100
Same streetTop 26%Same areaBottom 39%CitywideTop 47%

Lot Size

above average
10,188 sqft
0255075100
Same streetTop 19%Same areaTop 15%CitywideTop 6%

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

451 Laxdal Road — 11 amenities found within 500 m, across 7 categories, including 4 dining (nearest 184 m), 1 education (nearest 133 m), 1 healthcare (nearest 239 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

451 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: 451 Laxdal Road, Winnipeg

Property Summary: 451 Laxdal Road, Varsity View, Winnipeg

Section 1: Key Characteristics & Appeal

This property is a classic, well-established one-storey home on an exceptionally large, mature lot in the sought-after Varsity View neighborhood. Its primary appeal lies in the combination of generous space and a prime location. With nearly 1,820 sqft of finished living space, a fully developed basement, and a lot size over 10,000 sqft, it offers significant room for a family or those who value spaciousness indoors and out. The rankings indicate it outperforms most comparable homes in the area on key metrics like living area and lot size.

The home suits buyers looking for a solid, move-in-ready property in a central, academic-adjacent community without the premium of a new build. It’s ideal for a family seeking a large backyard for recreation or gardening, or for someone who values the character and established greenery of an older neighborhood. A less obvious perspective is the value of the lot itself; in a mature area, such a large parcel is a rare and appreciating asset, offering long-term potential and privacy that newer subdivisions often cannot match.

Section 2: Frequently Asked Questions

1. What is the true significance of the property rankings provided?
The rankings show how this home compares to others in its immediate area. For example, being in the top 6% for living space on its street highlights that it is a notably larger home than most in the vicinity, which is a key differentiator.

2. Is a 55-year-old home a concern?
While the age means systems (like roof, windows, plumbing) may need evaluation or updating, it also typically means a well-built structure on a large, mature lot. The fully finished basement suggests it has been maintained and upgraded over time.

3. Who would benefit most from a one-storey layout?
This layout is excellent for accessibility and single-level living, appealing to young families who want to keep children on one floor, empty-nesters, or anyone looking to avoid stairs. It often provides a more efficient use of square footage.

4. What are the advantages of the Varsity View location?
Varsity View is centrally located near the University of Manitoba, offering convenient access to amenities, transit, and academic facilities. The community tends to be stable and desirable, often attracting a mix of academics, professionals, and families.

5. The lot is large, but what does that mean for upkeep?
A 10,188 sqft lot provides wonderful space but requires more maintenance for landscaping, lawn care, and snow removal. It’s a trade-off: you gain privacy and outdoor potential but take on more responsibility or expense for upkeep.