39 Collett Cove

Varsity View, Winnipeg

Property score

81.9

Excellent

Overall 81.9 · Newer than most nearby homes

1,581 sqft (top 31%) · Built in 1999 (24 yrs newer than avg)

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

Transit 60.0 · 10-min walk to transit with 3 nearby routes · Within 500m: 2 dining spots, 1 school, 1 healthcare facility, and 2 parks nearby

Living Area

Near average

14% 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

81.9 is composed by the two sections below.

Property Score

78.4Good
Living Area79
1,581 sqftGood
Year Built84
1999Excellent
Lot Size81
6,309 sqftExcellent
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

above average
1,581 sqft
0255075100
Same streetBottom 20%Same areaTop 31%CitywideTop 26%
Same street · Collett Cove
#8 / 10
Bottom 20% · Avg 1,869 sqft
Same area · Varsity View
#263 / 848
Top 31% · Avg 1,387 sqft
Citywide · Winnipeg
#51,101 / 194,458
Top 26% · Avg 1,342 sqft

Tax-Assessed Value

above average
549k
0255075100
Same streetBottom 20%Same areaTop 23%CitywideTop 13%
Same street · Collett Cove
#8 / 10
Bottom 20% · Avg 613.2k
Same area · Varsity View
#191 / 848
Top 23% · Avg 444.7k
Citywide · Winnipeg
#24,928 / 194,458
Top 13% · Avg 390.1k

Year Built

above average
1999
0255075100
Same streetBottom 40%Same areaTop 16%CitywideTop 18%

Lot Size

above average
6,309 sqft
0255075100
Same streetBottom 40%Same areaBottom 37%CitywideTop 25%

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

39 Collett Cove — 8 amenities found within 500 m, across 6 categories, including 2 dining (nearest 377 m), 1 education (nearest 273 m), 1 healthcare (nearest 438 m).

Search radius
🍽️Dining2
🏫Education1
🏥Healthcare1
🌳Parks2
🏦Finance1
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

39 Collett Cove: 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: 39 Collett Cove, Winnipeg

Property Overview

This 1999-built, one-storey home in Varsity View offers a practical and comfortable living space on a large, 6,309 sqft lot. Its key appeal lies in a combination of space, location, and modern readiness. The 1,581 sqft layout includes a finished basement and an attached garage, providing ample room for a growing family or those who value single-level living with extra storage or recreational space. Its standout characteristic is its strong value positioning within Winnipeg; it ranks in the top 25% of the city for lot size and in the top 12% for assessed value, suggesting a well-regarded property relative to its price point. The home suits buyers looking for a move-in ready property in a mature neighbourhood, particularly those prioritizing a generous yard over a massive interior footprint. It would also appeal to data-conscious purchasers who appreciate its above-average rankings for age and value within the broader market, indicating a sound investment in a desirable area.

Frequently Asked Questions

1. What does the ranking data actually mean?
The percentages show how this property compares to others. For example, being newer than 79% of Winnipeg homes means it's a relatively modern build, while ranking in the top 12% for assessed value suggests its official valuation is high compared to most city properties, often reflecting desirability.

2. Is the basement included in the 1,581 sqft living area?
Typically, "living area" refers to above-grade, finished space. The 1,581 sqft is likely the main floor footprint. The separate mention of a "finished basement" indicates additional, habitable space that adds to the home's total usable area.

3. The lot is large, but how is the home's size relative to the neighbourhood?
While the lot is very spacious, the living area is smaller than 72% of homes in Varsity View. This creates a appealing balance for buyers who value expansive outdoor space and a manageable, efficient interior without excessive upkeep.

4. What is the significance of the "ONE STOREY" building type?
This confirms it's a bungalow-style home. This is ideal for those seeking single-level living or planning for long-term accessibility, and it often means the finished basement provides significant additional living space, effectively doubling the home's functional rooms.

5. How does the assessed value relate to the likely listing price?
The assessed value of $549,000 is for municipal tax purposes. The listing price will be set by the seller based on current market conditions, but a high assessment relative to the city (top 12%) generally indicates a strong underlying value that supports a competitive market price.