Property score
73.5
Good
Overall 73.5 · Compared with neighbourhood average
1,261 sqft (bottom 49%) · Built in 1974 (1 yr older than avg)
Located in a high-income area with median household income of ~105k
Transit 70.0 · 6-min walk to transit with 3 nearby routes · Within 500m: 2 parks, and 1 place of worship nearby
Living Area
Near average
9% 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)
281
492k
$398/sqft
1975
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73.5 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
3404 Parkin Avenue — 3 amenities found within 500 m, across 2 categories, including 2 parks (nearest 209 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 | Bottom 20% | Bottom 38% | Top 49% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
3404 Parkin Avenue is a well-established, single-family home in the Varsity View neighbourhood. Built in 1974, this one-storey bungalow sits on a large, approximately 6,000 sqft lot and offers 1,261 sqft of living space, featuring a finished basement. It presents a classic, low-maintenance layout suited for downsizers, first-time buyers, or investors seeking a property with solid fundamentals in a central, academic-adjacent community.
Its primary appeal lies in its generous lot size—ranking in the top third for land area across Winnipeg—offering valuable outdoor space and future potential in a mature area. The home’s assessed value has seen appreciable growth since its last sale in 2019. It suits buyers who prioritize lot value over a modern build, appreciate the quiet, tree-lined streets of Varsity View near the University of Manitoba, and are comfortable with a home that may require updates reflective of its era. A thoughtful perspective is that while its interior size and build year rank in the middle of the pack locally, the significant lot size provides a tangible asset that is increasingly scarce, offering a different kind of value than square footage alone.
Key Questions
1. What is the neighbourhood like?
Varsity View is a quiet, mature neighbourhood known for its proximity to the University of Manitoba. It typically offers a mix of long-term residents and academic staff, with a peaceful, community-oriented feel.
2. Is the basement included in the living area square footage?
The listed 1,261 sqft refers to the main living area. The basement is finished but is additional space, a valuable feature for recreation, storage, or extra rooms.
3. How does the 2019 sale price compare to the current assessment?
The home sold for $343,000 in 2019 and is now assessed at $392,000. This indicates a positive trajectory in its market value over the past five years.
4. What does the ranking data mean for this property?
The rankings compare this home to others on its street, in Varsity View, and across Winnipeg. Key takeaways are its lot size ranks very well city-wide (top 32%), while its build year and living area are more average for the local area, painting a picture of a property where the land is a standout feature.
5. Is this a good investment property?
Given its location near the university, the finished basement, and the steady value increase, it could be attractive for rental investment. However, its specific suitability would depend on the buyer’s investment strategy and the property’s current condition.
