Property score
61.0
Fair
Overall 61.0 · Newer than most nearby homes
1,056 sqft (top 35%) · Built in 2007 (56 yrs newer than avg)
Located in a above-average income area with median household income of ~78.5k
Transit 74.0 · 3-min walk to transit with 2 nearby routes · Within 500m: 5 dining spots, 3 schools, 2 shops, and 2 parks nearby
Living Area
Near average
6% larger than neighborhood avg.
Year Built
Above average
56 yrs newer than neighborhood avg.
Mother tongue
English · 72%French · 5%
Past 10 years Varennes sales snapshot (~80% of all data)
171
455.5k
$420/sqft
1951
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61.0 is composed by the two sections below.
Property Score
Community Score
Varennes
How to read: Share of sales in each ~$50k price band for “varennes” (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: #46110612
$79K
Median household income
$69K
Average household income
13%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.3
P90 / P10 ratio
30%
Single-person households
26%
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
12 Kingswood Avenue — 14 amenities found within 500 m, across 6 categories, including 5 dining (nearest 48 m), 3 education (nearest 258 m), 2 shopping (nearest 127 m).
Varennes · WPS public data · 2026
Annual incidents
8
2026
vs. city avg
-73%
relative to avg
Year-over-year
▼ -93%
vs. prior year
Primary type
Property
75%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 21% | Top 23% | Top 49% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 25% | Top 26% | Bottom 48% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 12 Kingswood Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated Varennes home presents a compelling mix of modern convenience and established neighborhood character. Its primary appeal lies in being a notably updated property within a mature area. Built in 2007, it is a significantly newer construction compared to most homes on its street and in Winnipeg broadly, suggesting modern building standards, systems, and less immediate need for major updates.
The 1,056 sqft living space is efficiently sized, offering more room than most comparable homes on Kingswood Avenue while remaining manageable. A thoughtful perspective is that its above-average assessed value for the street and neighborhood likely reflects both its newer construction and these desirable interior dimensions, rather than sheer lot size. The property suits practical buyers seeking a turn-key home in a settled community—perfect for first-time homeowners, small families, or downsizers who prioritize a modern, low-maintenance interior over a large yard, as the lot size is smaller than area averages.
Section 2: Frequently Asked Questions
1. How does the newer construction (2007) impact maintenance costs?
As one of the newest homes on the block, major structural components like the roof, windows, and heating/cooling systems are likely in good condition, potentially reducing near-term capital repair budgets compared to older neighboring homes.
2. The lot is noted as smaller than average. How does this affect the property?
The smaller, 3,943 sqft lot means less exterior maintenance and yard work. It positions the property as a more efficient use of space, focusing value on the home itself. This is a trade-off that favors indoor living space over extensive outdoor private area.
3. Why is the assessed value higher than the street and neighborhood averages?
The assessed value ranks highly locally because it combines the premium for a much newer home with its above-average living area. Essentially, you are getting more modern, interior space than is typical for the immediate area, which is reflected in its valuation.
4. What does the "around average" citywide ranking for living area mean?
While the home feels spacious for its immediate street, its size is broadly typical for Winnipeg overall. This indicates good versatility for resale, as it meets a common city-wide standard for living space.
5. Is this a good option if I want a large garden or expansion potential?
Due to the smaller lot size, extensive gardening or future large additions may be limited. The property's strength is its modern, ready-to-live-in condition, making it ideal for those who prefer to enjoy their home now rather than plan for major expansions.
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