Property score
86.5
Excellent
Overall 86.5 · Larger and newer than most nearby homes
1,835 sqft (top 18%) · Built in 2002 (27 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
32% larger than neighborhood avg.
Year Built
Above average
27 yrs newer 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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86.5 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
19 Collett Cove — 5 amenities found within 500 m, across 4 categories, including 1 dining (nearest 448 m), 1 education (nearest 348 m), 2 parks (nearest 417 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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 40% | Top 4% | Top 4% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This 2002-built, one-storey home in Varsity View offers a practical and spacious layout on a large, 7,064 sqft lot. Its key appeal lies in a combination of above-average size, a modern-enough build, and a strong position within the broader Winnipeg market. With 1,835 sqft of living space and a finished basement, it provides ample room for a family. The data suggests its greatest strength is its value; it ranks in the top 3-4% of the entire city for assessed value and has a previous sale price that also places it in the top tier historically. This indicates a property that has consistently been perceived as a premium offering relative to the market.
The home would suit buyers looking for a established, single-level living option in a desirable neighbourhood, who prioritize lot size and interior space over a brand-new build. It’s particularly suited for those who value statistical market strength—its high rankings for assessed value and past sale price suggest a resilient investment in a well-regarded area. A less obvious perspective is that while its city-wide rankings are exceptional, its rankings within its own immediate street and community for size and age are more moderate. This points to a home that is a standout property for Winnipeg overall, but sits within a very strong local context where many homes share similar desirable traits.
Frequently Asked Questions
Q: How does the finished basement contribute to the living space?
A: The finished basement adds flexible square footage to the 1,835 sqft main floor, which can be used for recreation, guests, or additional storage, effectively increasing the usable area of the home.
Q: What do the high city-wide rankings for value actually mean?
A: Ranking in the top 3% for assessed value means this property’s official valuation is higher than 97% of all homes in Winnipeg. This typically reflects a combination of its location, lot size, building quality, and recent market trends for similar properties.
Q: The home is 24 years old. What should I consider regarding its age?
A: Built in 2002, major components like the roof, HVAC, and windows may be nearing or due for replacement based on their typical lifespans. A thorough inspection is recommended to assess their current condition and plan for future maintenance.
Q: The lot is large, but how does the home compare in size to its neighbours?
A: The home’s living area is above average for the broader community and city, but is moderately sized compared to immediate neighbours on its street. This means you get a very spacious lot with a comfortably sized home, not necessarily the largest house on the block.
Q: The last recorded sale was in 2017. What does that history indicate?
A: The 2017 sale price was also highly ranked (top 4% city-wide), showing a history of strong market performance. The multi-year ownership period suggests a stable history, but it also means the current market value will be determined by recent conditions, not the price from seven years ago.
