15 Collett Cove

Varsity View, Winnipeg

Property score

88.5

Excellent

Overall 88.5 · Larger and newer than most nearby homes

2,062 sqft (top 9%) · Built in 1999 (24 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

49% larger than neighborhood avg.

Year Built

Above average

24 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

88.5 is composed by the two sections below.

Property Score

89.5Excellent
Living Area94
2,062 sqftExcellent
Year Built84
1999Excellent
Lot Size95
9,009 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
2,062 sqft
0255075100
Same streetTop 30%Same areaTop 9%CitywideTop 9%
Same street · Collett Cove
#3 / 10
Top 30% · Avg 1,869 sqft
Same area · Varsity View
#78 / 848
Top 9% · Avg 1,387 sqft
Citywide · Winnipeg
#18,276 / 194,458
Top 9% · Avg 1,342 sqft

Tax-Assessed Value

Elite
661k
0255075100
Same streetTop 20%Same areaTop 8%CitywideTop 5%
Same street · Collett Cove
#2 / 10
Top 20% · Avg 613.2k
Same area · Varsity View
#64 / 848
Top 8% · Avg 444.7k
Citywide · Winnipeg
#9,611 / 194,458
Top 5% · Avg 390.1k

Year Built

above average
1999
0255075100
Same streetBottom 40%Same areaTop 16%CitywideTop 18%

Lot Size

above average
9,009 sqft
0255075100
Same streetTop 10%Same areaTop 22%CitywideTop 8%

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

15 Collett Cove — 5 amenities found within 500 m, across 4 categories, including 1 dining (nearest 457 m), 1 education (nearest 352 m), 2 parks (nearest 398 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

Sold 11/2022CA$650k–700k
Sold price

Same street

Top 20%

Same area

Top 3%

City-wide

Top 4%

Related homes

Highlights & common questions: 15 Collett Cove, Winnipeg

Property Overview: 15 Collett Cove, Varsity View, Winnipeg

Section 1: Key Characteristics & Appeal

This well-established home in the desirable Varsity View neighbourhood presents a compelling blend of space, location, and value. Built in 1999, it's a substantial two/one-storey home offering over 2,000 sqft of living space on a large, 9,009 sqft lot—a rarity that provides ample room for gardens, play, or future expansion. Its appeal is rooted in its top-tier rankings: the property consistently places in the top 10-30% of its immediate street, the top 8% of the Varsity View community for size, and the top 8% of all Winnipeg for both lot and living area. This indicates a home that is genuinely larger than most in highly sought-after areas.

The home suits buyers looking for a move-in-ready family home in a prime academic and family-oriented neighbourhood, close to the University of Manitoba. It’s particularly suited for those who value generous indoor and outdoor space over a brand-new build, appreciating the maturity of the property and neighbourhood. A thoughtful perspective is its 2022 sale price of $685,000, which sits above the current assessed value, suggesting a market-recognized premium for its specific attributes. The fully finished basement and attached garage add practical, everyday value.

Section 2: Frequently Asked Questions

1. How does the 1999 build year affect the home?
While not a new build, a 1999 home is likely to have modern fundamentals (wiring, plumbing) while potentially needing updates to decor, appliances, or systems like the roof or HVAC, which may be nearing their typical lifespan. This offers a solid foundation with room for personalization.

2. What do the "rankings" actually mean for me?
These metrics are a quick way to see how this property compares to others. For example, ranking in the top 8% in Winnipeg for size means it's objectively a large property, which typically supports value retention and offers more privacy and space than most homes on the market.

3. Is the price aligned with the assessment and past sale?
The current assessment is $661,000, but it sold for $685,000 in late 2022. This difference can reflect specific market conditions at the time of sale, unique features of the home, or updates made by the previous owner. It's a useful data point for understanding the home's market value trajectory.

4. What is the neighbourhood vibe in Varsity View?
Varsity View is a mature, family-friendly community known for its proximity to the University of Manitoba. It tends to attract academics, professionals, and families, offering a quiet, established setting with a strong sense of community and access to green spaces and schools.

5. What are the implications of such a large lot?
A lot of this size (over 9,000 sqft) provides exceptional outdoor space and potential. Beyond gardening and recreation, it may allow for future additions like a deck, shed, or even a secondary suite (subject to zoning bylaws and permits), which is a significant long-term advantage.