3412 Parkin Avenue

Property Overview: 3412 Parkin Avenue, Varsity View, Winnipeg

Section 1: Key Characteristics & Appeal

This well-situated two-storey home in Varsity View offers a balanced combination of space, location, and modern convenience. Built in 1999, it presents a more contemporary layout compared to many area homes, featuring 1,812 sqft of living space and a generous 6,467 sqft lot. Its appeal lies in its established yet not outdated character, providing a move-in-ready canvas in a desirable neighbourhood. The property includes a finished main house with an attached garage and a full, undeveloped basement, offering clear potential for future expansion or storage.

The home’s competitive standing is notable. It ranks in the top tiers for size, age, and value within Winnipeg overall, suggesting a solid investment in a sought-after citywide context. Within the Varsity View community, it particularly stands out for its newer construction date, being newer than 85% of area homes. This property would suit buyers looking for a family home in a prime location without the maintenance concerns of an older build. It’s ideal for those who value a large yard and the option to customize basement space down the line, and for investors or professionals who appreciate its strong relative metrics for both livability and assessed value.

Section 2: Frequently Asked Questions

1. What does the ranking data actually mean?
The rankings show how this property compares to others. For example, being newer than 85% of homes in Varsity View highlights its modern advantage in an older neighbourhood, while its value ranking indicates its assessment is higher than most comparable homes citywide, often a sign of perceived desirability.

2. Is the basement ready to be finished?
The basement is listed as full but undeveloped. This means it has the essential structure (foundation, ceiling height) but requires insulation, walls, flooring, and finishes. It's a blank slate for future projects.

3. How does the lot size benefit a buyer?
At over 6,400 sqft, the lot is larger than average, providing ample private outdoor space for gardening, play, or entertaining. This is a significant perk in a mature, centrally located neighbourhood where lot sizes can vary.

4. The home is 27 years old. What should I consider?
While newer than many homes, a 1999 build is entering a period where original components (like the roof, HVAC, or major appliances) may be nearing the end of their typical lifespans. A thorough inspection is recommended to gauge their condition.

5. Why are the community rankings for size and value different?
The home ranks very well for size (top 18%) but slightly lower for assessed value (top 26%) within Varsity View. This suggests you are getting above-average square footage for the area, but the assessed value per square foot may be in line with or slightly below the community’s premium properties, which could indicate a fair value proposition.