3400 Parkin Avenue

Varsity View, Winnipeg

Property score

71.3

Good

Overall 71.3 · Compared with neighbourhood average

1,193 sqft (bottom 43%) · Built in 1974 (1 yr older than avg)

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

Transit 70.0 · 7-min walk to transit with 3 nearby routes · Within 500m: 2 parks, and 1 place of worship nearby

Living Area

Near average

14% smaller than neighborhood avg.

Year Built

Near average

1 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

71.3 is composed by the two sections below.

Property Score

60.8Fair
Living Area60
1,193 sqftFair
Year Built58
1974Fair
Lot Size74
5,999 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

around average
1,193 sqft
0255075100
Same streetBottom 1%Same areaBottom 43%CitywideBottom 49%
Same street · Parkin Avenue
#9 / 9
Bottom 1% · Avg 1,647 sqft
Same area · Varsity View
#483 / 848
Bottom 43% · Avg 1,387 sqft
Citywide · Winnipeg
#99,403 / 194,458
Bottom 49% · Avg 1,342 sqft

Tax-Assessed Value

around average
393k
0255075100
Same streetBottom 11%Same areaBottom 45%CitywideTop 40%
Same street · Parkin Avenue
#8 / 9
Bottom 11% · Avg 547.4k
Same area · Varsity View
#470 / 848
Bottom 45% · Avg 444.7k
Citywide · Winnipeg
#78,073 / 194,458
Top 40% · Avg 390.1k

Year Built

around average
1974
0255075100
Same streetBottom 11%Same areaTop 46%CitywideTop 42%

Lot Size

around average
5,999 sqft
0255075100
Same streetBottom 22%Same areaBottom 27%CitywideTop 32%

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

3400 Parkin Avenue — 3 amenities found within 500 m, across 2 categories, including 2 parks (nearest 222 m).

Search radius
🌳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 7/2019CA$350k–400k
Sold price

Same street

Bottom 40%

Same area

Bottom 46%

City-wide

Top 42%
Sold 7/2016CA$300k–350k
Sold price

Same street

Bottom 1%

Same area

Bottom 27%

City-wide

Bottom 42%

Related homes

Highlights & common questions: 3400 Parkin Avenue, Winnipeg

Property Overview

This 1974-built, one-storey home in Varsity View sits on a generous 5,999 sqft lot and offers 1,193 sqft of living space with a finished basement. Its key appeal lies in the combination of a larger-than-average lot for the area and a practical, single-level layout. The home's recent market history shows steady value appreciation, and its current assessed value is positioned above the majority of Winnipeg homes. The property does not include a garage or pool.

This home would suit first-time buyers or downsizers looking for a manageable footprint without sacrificing outdoor space. It's also a practical candidate for those interested in the long-term potential of the lot itself. The established neighbourhood and the home's mature character offer a sense of stability, appealing to buyers prioritizing location and lot size over modern finishes or extensive square footage.


Frequently Asked Questions

1. What is the significance of the lot size?
At nearly 6,000 sqft, the lot is a standout feature, offering ample backyard space for gardening, recreation, or future additions like a detached garage or patio—a rarity compared to many newer subdivisions.

2. How should I interpret the "rankings" provided?
These rankings compare this property to others on its street, in Varsity View, and across Winnipeg. For instance, ranking in the "top 32%" for lot size in Winnipeg means 68% of city lots are smaller, highlighting a relative strength.

3. What does the price history indicate?
The sales in 2016 and 2019, followed by the current assessment, suggest a pattern of value growth. It's advisable to have a realtor analyze this trend within the context of current market conditions.

4. Are there any obvious concerns from the data?
The home ranks lowest on its own street for living area and assessed value, meaning it is the smallest and least-valued home among its immediate neighbours. This could be seen as an entry point into a desirable street or as a property with a different character than those around it.

5. What are the practical implications of a one-storey home with a finished basement?
The main-floor living provides easy accessibility, which is a plus for aging in place or for those who prefer to avoid stairs. The finished basement adds flexible space for a family room, home office, or guests, effectively doubling the usable living area despite the modest main-floor square footage.