3420 Parkin Avenue

Varsity View, Winnipeg

Property score

80.4

Excellent

Overall 80.4 · Newer than most nearby homes

1,420 sqft (top 40%) · Built in 1999 (24 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

Near average

2% larger than neighborhood avg.

Year Built

Above average

24 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

80.4 is composed by the two sections below.

Property Score

76.0Good
Living Area1,420 sqft75Good
Year Built199984Excellent
Lot Size6,281 sqft81Excellent
Neighbourhood Sales Activity42Low

Community Score

87.1Excellent
Household Income87Excellent
Education Level91Excellent
Housing Stress83Excellent
Core Housing Need88Excellent
Employment Health83Excellent

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
1,420 sqft
0255075100
Same streetBottom 33%Same areaTop 40%CitywideTop 35%
Same street · Parkin Avenue
#6 / 9
Bottom 33% · Avg 1,647 sqft
Same area · Varsity View
#339 / 848
Top 40% · Avg 1,387 sqft
Citywide · Winnipeg
#67,258 / 194,458
Top 35% · Avg 1,342 sqft

Tax-Assessed Value

above average
509k
0255075100
Same streetBottom 33%Same areaTop 30%CitywideTop 18%
Same street · Parkin Avenue
#6 / 9
Bottom 33% · Avg 547.4k
Same area · Varsity View
#252 / 848
Top 30% · Avg 444.7k
Citywide · Winnipeg
#35,684 / 194,458
Top 18% · Avg 390.1k

Year Built

above average
1999
0255075100
Same streetTop 33%Same areaTop 16%CitywideTop 18%

Lot Size

above average
6,281 sqft
0255075100
Same streetTop 44%Same areaBottom 35%CitywideTop 26%

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

3420 Parkin Avenue — 4 amenities found within 500 m, across 3 categories, including 1 education (nearest 467 m), 2 parks (nearest 174 m).

Search radius
🏫Education1
🌳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

3420 Parkin Avenue: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.

Related homes

Highlights & common questions: 3420 Parkin Avenue, Winnipeg

Property Overview & Key Characteristics

This 1999-built, one-storey home in Varsity View sits on a large, 6,281 sqft lot. Its key features include 1,420 sqft of living space and a finished basement. The property comes with an attached garage and no pool.

The appeal lies in its established yet relatively modern construction, offering a balance of space and manageability. The generous lot size is a significant asset in this neighbourhood, providing ample outdoor potential. The home’s competitive rankings—particularly newer than 79% of Winnipeg homes and on a larger lot than 74%—suggest solid fundamentals for its category.

It would suit first-time buyers or downsizers seeking a single-level layout in a central academic community. The large yard also makes it a fit for buyers with pets, gardening interests, or those who value private outdoor space over extensive interior square footage.


Frequently Asked Questions

1. What is the neighbourhood like?
Varsity View is a central, established community near the University of Manitoba, offering a mix of academic and long-term residents with convenient access to amenities and transit.

2. Is the basement included in the 1,420 sqft living area?
Typically, the listed living area refers to above-ground, finished space. The basement is an additional, finished area not included in that square footage figure.

3. How does the assessment value relate to the asking price?
The municipal assessment of $509,000 is for tax purposes and reflects a provincial valuation from a prior date. Market conditions and property updates can cause the sale price to differ.

4. What does the ranking system mean?
The rankings compare this property against others on its street, in Varsity View, and across Winnipeg for metrics like lot size and age. For example, being newer than 85% of homes in the community indicates a relatively modern build for the area.

5. What are the utility costs for a home of this age and size?
While not listed, utility costs for a 1999 one-storey home are generally moderate. Requesting past utility bills from the seller would provide the most accurate estimate for heating, electricity, and water.

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