3 Collett Cove

Varsity View, ਵਿਨੀਪਿਗ

Property score

81.9

Excellent

Overall 81.9 · Newer than most nearby homes

1,569 sqft (top 32%) · Built in 2000 (25 yrs newer than avg)

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

Transit 60.0 · 10-min walk to transit with 3 nearby routes · Within 500m: 1 dining spot, 1 school, 1 healthcare facility, and 2 parks nearby

ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ

Near average

13% larger than neighborhood avg.

ਤਰੀਕ ਤੋਂ ਬਣਿਆ

Above average

25 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

81.9 is composed by the two sections below.

Property Score

78.4Good
ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ79
1,569 sqftGood
ਤਰੀਕ ਤੋਂ ਬਣਿਆ84
2000Excellent
ਜ਼ਮੀਨ81
6,313 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

ਕਮਿਊਨਿਟੀ ਵਿਕਰੀ ਅੰਕੜੇ

Varsity View

How to read: Share of sales in each ~$50k price band for “varsity view” (ਡੀਟੈਚਡ ਘਰ (ਕੋਂਡੋ ਨਹੀਂ), 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.

ਰੈਂਕਿੰਗ

ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ

ਔਸਤ ਤੋਂ ਉੱਪਰ
1,569 sqft
0255075100
Same streetਹੇਠਲੇ 10%Same areaਟਾਪ 32%Citywideਟਾਪ 27%
Same street · Collett Cove
#9 / 10
ਹੇਠਲੇ 10% · ਔਸਤ 1,869 sqft
Same area · Varsity View
#270 / 848
ਟਾਪ 32% · ਔਸਤ 1,387 sqft
Citywide · ਵਿਨੀਪਿਗ
#52,233 / 194,458
ਟਾਪ 27% · ਔਸਤ 1,342 sqft

ਮੁਲਾਂਕਣ ਮੁੱਲ

ਔਸਤ ਤੋਂ ਉੱਪਰ
544k
0255075100
Same streetਹੇਠਲੇ 10%Same areaਟਾਪ 24%Citywideਟਾਪ 13%
Same street · Collett Cove
#9 / 10
ਹੇਠਲੇ 10% · ਔਸਤ 613.2k
Same area · Varsity View
#203 / 848
ਟਾਪ 24% · ਔਸਤ 444.7k
Citywide · ਵਿਨੀਪਿਗ
#26,157 / 194,458
ਟਾਪ 13% · ਔਸਤ 390.1k

ਤਰੀਕ ਤੋਂ ਬਣਿਆ

ਔਸਤ ਤੋਂ ਉੱਪਰ
2000
0255075100
Same streetਟਾਪ 50%Same areaਟਾਪ 15%Citywideਟਾਪ 18%

ਜ਼ਮੀਨ

ਔਸਤ ਤੋਂ ਉੱਪਰ
6,313 sqft
0255075100
Same streetਟਾਪ 50%Same areaਹੇਠਲੇ 37%Citywideਟਾਪ 25%

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.

ਆਵਾਜਾਈ ਅਤੇ ਪੈਦਲ ਚੱਲਣਯੋਗਤਾ

ਨੇੜੇ ਦੇ ਸਟਾਪ, ਰੂਟ ਅਤੇ ਟ੍ਰਾਂਜ਼ਿਟ ਸਕੋਰ

Nearby Amenities

Dining, education, healthcare, shopping & more

3 Collett Cove — 6 amenities found within 500 m, across 5 categories, including 1 dining (nearest 419 m), 1 education (nearest 305 m), 1 healthcare (nearest 484 m).

Search radius
🍽️Dining1
🏫Education1
🏥Healthcare1
🌳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%

ਵਿਕਰੀ ਦਾ ਇਤਿਹਾਸ

12/2019 ਵਿਚ ਵਿਕਿਆCA$450k–500k
ਵਿਕਰੀ ਮੁੱਲ

ਉਹੀ ਸਟ੍ਰੀਟ

ਹੇਠਲੇ 1%

ਉਹੀ ਇਲਾਕਾ

ਟਾਪ 30%

ਪੂਰਾ ਸ਼ਹਿਰ

ਟਾਪ 23%

Related homes

ਵਿਨੀਪਿਗ 3 Collett Cove — ਵਿਸ਼ੇਸ਼ਤਾ ਅਤੇ ਸੰਬੰਧਿਤ ਸਵਾਲ

Property Overview

This well-situated Varsity View bungalow offers a practical and comfortable living space on a generous lot. Built in 2000, its key appeal lies in a balanced combination of space, location, and modern-enough infrastructure. The 1,569 sqft home features a finished basement and an attached garage, sitting on a large 6,313 sqft property. Its rankings indicate a strong position overall, particularly valued for its above-average lot size and newer construction relative to much of Winnipeg. The home’s assessment has risen notably since its last sale in 2019.

The property would suit buyers looking for single-level living in a mature, established neighbourhood close to the University of Manitoba. It’s a practical choice for downsizers, small families, or professionals who value a large yard and the low-maintenance aspect of a relatively newer bungalow. A thoughtful perspective is that while the interior living space is competitively sized for the area, the true value driver here may be the substantial lot, offering potential for outdoor enjoyment or future expansion, which is increasingly rare in central neighbourhoods.


Frequently Asked Questions

Q: How does the home's value compare to others in the area?
A: The current assessment places it in the top 25% of homes in Winnipeg for value and the top 22% within its own community, suggesting it is viewed as a above-average property in its market.

Q: Is the neighbourhood considered mature or developing?
A: Varsity View is a well-established, mature neighbourhood. The home itself, built in 2000, is newer than 86% of homes in the community, offering modern construction within a settled area.

Q: What does the "finished basement" include?
A: The listing confirms the basement is finished, which adds valuable livable space to the 1,569 sqft main floor. Specifics on rooms, ceiling height, and finishes should be verified by a viewing or with the listing agent.

Q: How has the property's value changed over time?
A: It last sold for $451,000 in December 2019. The current assessed value of $544,000 indicates significant appreciation over that period, consistent with broader market trends.

Q: Are there any obvious competitive advantages or drawbacks?
A: Key advantages are the large lot size, newer construction (for the neighbourhood), and single-storey layout. A consideration is that the main living area is smaller than most homes on its own street, so the appeal hinges on prioritizing lot size and the bungalow style over maximum interior square footage.