Property score
88.7
Excellent
Overall 88.7 · Larger and newer than most nearby homes
2,500 sqft (top 2%) · Built in 1992 (17 yrs newer 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: 1 school, 2 parks, and 1 place of worship nearby
Living Area
Above average
80% larger than neighborhood avg.
Year Built
Above average
17 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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88.7 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
3416 Parkin Avenue — 4 amenities found within 500 m, across 3 categories, including 1 education (nearest 475 m), 2 parks (nearest 181 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 20% | Top 3% | Top 3% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This 1992-built two-storey home in Varsity View offers a well-established family footprint on a generous 6,601 sqft lot. Its key appeal lies in its above-average scale and proven value within a mature neighbourhood. With 2,500 sqft of living space, a finished basement, and an attached garage, it provides substantial room for family life. The home's competitive rankings are notable: it sits in the top 3% of Winnipeg for living area and the top 4% for assessed value, suggesting it is a larger, higher-value property compared to most in the city. It particularly suits buyers looking for a move-in ready, spacious home without venturing into new suburbs, and who appreciate the stability of a neighbourhood that's over three decades old. A thoughtful perspective is that while the 1992 build date isn't new, it places the home in an era of solid construction after the major neighbourhood development phase, potentially offering more mature landscaping and settled infrastructure than newer areas.
Frequently Asked Questions
1. What do the ranking percentages actually mean?
They show how this property compares to others in its immediate area and the wider city. For example, ranking in the "top 3% for living area in Winnipeg" means 97% of homes in the city are smaller. This indicates a genuinely spacious property relative to the market.
2. The last sale was in 2022 for $695,000, which matches the current assessed value. What does this indicate?
This suggests the assessment is closely aligned with a very recent market transaction, providing a clear and current benchmark for the property's value. It reflects market stability for this home over the last two years.
3. Is the lot size a significant feature?
At 6,601 sqft, the lot is larger than many in urban neighbourhoods, offering ample backyard space for recreation, gardening, or future additions like a deck or shed—a valuable asset in an established area.
4. The home ranks lower (78th percentile) for age on its street. What does this imply?
This means it is one of the older homes on its specific block, with 78% of its street neighbours having newer builds. This could appeal to those who prefer the character and established trees often found with older homes in a street of varied ages.
5. What is the significance of the "finished basement" detail?
A finished basement immediately adds usable living space—for a rec room, home office, or guest area—without the need for a renovation project. It enhances the home's functional square footage beyond the main 2,500 sqft.
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