122 St Anne'S Road

Varennes, Winnipeg

Property score

60.4

Fair

Overall 60.4 · Newer than most nearby homes

1,039 sqft (top 38%) · Built in 1952 (1 yr newer than avg)

Located in a above-average income area with median household income of ~70.5k

Transit 82.0 · 1-min walk to transit with 2 nearby routes · Within 500m: 3 dining spots, 1 school, 2 healthcare facilitys, and 2 shops nearby

Living Area

Near average

4% larger than neighborhood avg.

Year Built

Above average

1 yrs newer than neighborhood avg.

Mother tongue

English · 77%Tagalog · 4%

Past 10 years Varennes sales snapshot (~80% of all data)

Sold Count

171

Median price

455.5k

$/sqft

$420/sqft

Avg build year

1951

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Property score

60.4 is composed by the two sections below.

Property Score

51.4Fair
Living Area1,039 sqft52Fair
Year Built195236Low
Lot Size5,389 sqft67Good
Neighbourhood Sales Activity59Fair

Community Score

73.9Good
Household Income72Good
Education Level54Fair
Housing Stress83Excellent
Core Housing Need88Excellent
Employment Health100Excellent

Neighbourhood Sales

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.

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: #46110616

Community deep dive

$71K

Median household income

$78K

Average household income

14%

Low income (LIM-AT)

0.2

Income inequality (Gini)

3.2

P90 / P10 ratio

34%

Single-person households

20%

Families with children

Population, labour & age

Population (2021)372
Labour force participation rate82%
Median age34.0
Avg household size2.1
Unemployment rate0%
Population density3381 / km²

Households & income

Low income (LIM-AT, % pop.)14%
Single-person households34%
Couple families with children20%
Median household income (2020)$71K

Housing

Renter households58%
Condominium dwellings0%
Median dwelling value (owners)$270K

Diversity, education & language

Immigrants (share of pop.)11%
Visible minority17%
Bachelor's or higher (25–64)28%
Mother tongue (1st)English · 77%
Mother tongue (2nd)Tagalog · 4%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

around average
1,039 sqft
0255075100
Same streetBottom 34%Same areaTop 38%CitywideBottom 30%
Same street · St Anne'S Road
#78 / 119
Bottom 34% · Avg 1,365 sqft
Same area · Varennes
#162 / 426
Top 38% · Avg 997 sqft
Citywide · Winnipeg
#136,036 / 194,458
Bottom 30% · Avg 1,342 sqft

Tax-Assessed Value

above average
331k
0255075100
Same streetTop 50%Same areaTop 25%CitywideBottom 39%
Same street · St Anne'S Road
#59 / 119
Top 50% · Avg 449.6k
Same area · Varennes
#106 / 426
Top 25% · Avg 318.6k
Citywide · Winnipeg
#117,909 / 194,458
Bottom 39% · Avg 390.1k

Year Built

above average
1952
0255075100
Same streetBottom 29%Same areaTop 27%CitywideBottom 30%

Lot Size

above average
5,389 sqft
0255075100
Same streetBottom 45%Same areaTop 14%CitywideTop 46%

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

122 St Anne'S Road — 15 amenities found within 500 m, across 7 categories, including 3 dining (nearest 101 m), 1 education (nearest 353 m), 2 healthcare (nearest 221 m).

Search radius
🍽️Dining3
🏫Education1
🏥Healthcare2
🛒Shopping2
🏦Finance1
Fuel Stations2
Worship4

Crime & Safety

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%

Sales History

Sold 12/2021CA$300k–350k
Sold price

Same street

Top 49%

Same area

Top 22%

City-wide

Top 48%

Related homes

Highlights & common questions: 122 St Anne'S Road, Winnipeg

Property Overview: 122 St. Anne's Road, Winnipeg

Section 1: Key Characteristics & Appeal

This 1,039 sqft bungalow, built in 1952 on a 5,389 sqft lot, presents a solid, middle-of-the-road offering with specific competitive strengths. Its primary appeal lies in its value positioning within the desirable Varennes neighborhood. While the living area is modest compared to the immediate street, the property shines in its local context: it boasts an above-average assessed value and a larger-than-typical lot for the Varennes area, ranking in the top 25% and top 14% respectively among neighborhood peers. This suggests a well-regarded location within the community.

The home suits practical buyers looking for a foothold in a established neighborhood without a premium price tag. It’s ideal for a first-time homeowner, a downsizer, or an investor seeking a manageable property with proven stability. The data indicates you’re purchasing a lot and location that outperform many nearby homes, paired with a house that may require updates reflective of its era. It’s a property where the land and neighborhood prestige are significant drivers of value, appealing to those who see potential in the underlying assets.

Section 2: Frequently Asked Questions

1. Is the house smaller than others on the street?
Yes. The living area is below the street average. However, it is very close to the neighborhood average, indicating the street has some larger homes, but this size is typical for wider Varennes.

2. Why is the assessed value high for the neighborhood?
Ranking in the top 25% locally, this suggests the property is assessed favorably due to factors like its larger lot size, specific location on the street, or improvements. It’s a sign the municipal assessment sees strong inherent value here.

3. What does the lot size mean for me?
At over 5,300 sqft, the lot is notably larger than the typical Varennes property. This offers more outdoor space, potential for gardening, expansion, or simply greater privacy and distance from neighbors.

4. Should I be concerned about the 1952 build date?
It’s older than most on its street but typical for the city. This age implies potential for character but also means the roof, windows, plumbing, and electrical systems should be carefully inspected for updates and condition.

5. How does this property’s value hold up in Winnipeg?
Citywide, its assessed value and size are both firmly around average. This indicates it’s not an outlier but a standard Winnipeg home, with its prime advantage being its above-average standing within the more specific and sought-after Varennes area.

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