11 Collett Cove

Varsity View, Winnipeg

Property score

87.8

Excellent

Overall 87.8 · Larger and newer than most nearby homes

2,262 sqft (top 6%) · Built in 2003 (28 yrs newer than avg)

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

Transit 60.0 · 11-min walk to transit with 3 nearby routes · Within 500m: 1 dining spot, 1 school, 2 parks, and 1 place of worship nearby

Living Area

Above average

63% larger than neighborhood avg.

Year Built

Above average

28 yrs newer 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

87.8 is composed by the two sections below.

Property Score

88.2Excellent
Living Area96
2,262 sqftExcellent
Year Built87
2003Excellent
Lot Size74
5,908 sqftGood
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
2,262 sqft
0255075100
Same streetTop 10%Same areaTop 6%CitywideTop 6%
Same street · Collett Cove
#1 / 10
Top 10% · Avg 1,869 sqft
Same area · Varsity View
#49 / 848
Top 6% · Avg 1,387 sqft
Citywide · Winnipeg
#10,800 / 194,458
Top 6% · Avg 1,342 sqft

Tax-Assessed Value

above average
634k
0255075100
Same streetTop 40%Same areaTop 10%CitywideTop 6%
Same street · Collett Cove
#4 / 10
Top 40% · Avg 613.2k
Same area · Varsity View
#82 / 848
Top 10% · Avg 444.7k
Citywide · Winnipeg
#11,606 / 194,458
Top 6% · Avg 390.1k

Year Built

above average
2003
0255075100
Same streetTop 10%Same areaTop 9%CitywideTop 16%

Lot Size

around average
5,908 sqft
0255075100
Same streetBottom 10%Same areaBottom 25%CitywideTop 35%

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

11 Collett Cove — 5 amenities found within 500 m, across 4 categories, including 1 dining (nearest 444 m), 1 education (nearest 335 m), 2 parks (nearest 388 m).

Search radius
🍽️Dining1
🏫Education1
🌳Parks2
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

11 Collett Cove: 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: 11 Collett Cove, Winnipeg

Property Overview & Key Characteristics

This 2003-built two-storey home in Varsity View offers a well-proportioned and established family layout. Its key appeal lies in its generous 2,262 sqft of living space and a large, 5,908 sqft lot, providing ample room both indoors and out. The home features a finished basement and an attached garage. Its standout characteristic is its strong relative ranking in several key metrics for the area: it sits in the top 10% of its immediate street for both size and age, and ranks in the top 5% of the wider community for living area. This suggests a property that is both above average in scale and relatively modern for its neighbourhood.

The home would suit buyers looking for a move-in ready family home in a mature, academic-adjacent community who value space and a settled streetscape over a brand-new build. It’s particularly suited for those who appreciate data-driven insights, as its competitive rankings for size, age, and assessed value indicate a solid, benchmark-property within its market segment.


Frequently Asked Questions

Q: How does the home's assessed value compare to the asking price?
A: The provided assessment is $634,000. This is a municipal valuation for tax purposes and is a useful benchmark, but the final sale price will be determined by the current market.

Q: What does the ranking data actually mean for a buyer?
A: The rankings show how this property compares to others in its immediate street, community, and city. For example, ranking in the top 5% of the community for living area confirms it is a notably spacious home for Varsity View, which is a key advantage.

Q: The home is 23 years old. What should I consider?
A: A 2003 build means major components like the roof, windows, and HVAC system are likely original and may be nearing the end of their serviceable lifespan. A thorough inspection is advised to budget for any upcoming updates.

Q: Is the finished basement included in the 2,262 sqft living area?
A: Typically, municipal living area (sqft) measurements do not include below-grade spaces. The 2,262 sqft likely refers to above-ground living space, with the finished basement providing additional bonus space.

Q: The lot is large. What are the potential benefits or drawbacks?
A: A nearly 6,000 sqft lot offers excellent outdoor space for gardening, play, or entertaining. However, it also means more yard maintenance. From an investment perspective, the land size is a significant and appreciating asset in a mature neighbourhood.