124 St Anne'S Road

Varennes, Winnipeg

Property score

53.6

Fair

Overall 53.6 · Compared with neighbourhood average

919 sqft (top 49%) · Built in 1927 (24 yrs older 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

8% smaller than neighborhood avg.

Year Built

Below average

24 yrs older 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

53.6 is composed by the two sections below.

Property Score

40.1Low
Living Area42
919 sqftLow
Year Built20
1927Low
Lot Size53
4,451 sqftFair
Neighbourhood Sales Activity59
Fair

Community Score

73.9Good
Household Income72
Good
Education Level54
Fair
Housing Stress83
Excellent
Core Housing Need88
Excellent
Employment Health100
Excellent

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
919 sqft
0255075100
Same streetBottom 23%Same areaTop 49%CitywideBottom 18%
Same street · St Anne'S Road
#92 / 119
Bottom 23% · Avg 1,365 sqft
Same area · Varennes
#209 / 426
Top 49% · Avg 997 sqft
Citywide · Winnipeg
#159,202 / 194,458
Bottom 18% · Avg 1,342 sqft

Tax-Assessed Value

around average
282k
0255075100
Same streetBottom 42%Same areaTop 50%CitywideBottom 25%
Same street · St Anne'S Road
#69 / 119
Bottom 42% · Avg 449.6k
Same area · Varennes
#212 / 426
Top 50% · Avg 318.6k
Citywide · Winnipeg
#146,625 / 194,458
Bottom 25% · Avg 390.1k

Year Built

around average
1927
0255075100
Same streetBottom 11%Same areaBottom 39%CitywideBottom 16%

Lot Size

around average
4,451 sqft
0255075100
Same streetBottom 38%Same areaBottom 25%CitywideBottom 33%

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

124 St Anne'S Road — 15 amenities found within 500 m, across 7 categories, including 3 dining (nearest 89 m), 1 education (nearest 348 m), 2 healthcare (nearest 209 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 3/2024CA$250k–300k
Sold price

Same street

Bottom 38%

Same area

Bottom 47%

City-wide

Bottom 26%
Sold 8/2020CA$250k–300k
Sold price

Same street

Bottom 38%

Same area

Bottom 47%

City-wide

Bottom 26%

Related homes

Highlights & common questions: 124 St Anne'S Road, Winnipeg

Property Overview

This 919 sqft home on St. Anne's Road, built in 1927, presents a specific and value-conscious opportunity. Its assessed value of $282k sits notably below averages for its street and the wider city, suggesting a more accessible entry point into the Varennes neighborhood. The living area is compact, ranking below averages for the street and city, but is actually around the typical size for the immediate neighborhood. The lot size of 4,451 sqft is manageable and fairly typical for the area.

The appeal here lies in its position as a pragmatic, lower-cost option in a well-established area. It suits first-time buyers, downsizers, or investors seeking a character home (pre-1930s build) without a premium price tag. It’s a property where value is defined by affordability and location rather than size or modern features. A thoughtful perspective is that its older vintage, while requiring due diligence, offers a charm and build quality distinct from later constructions, and its below-city-average price could allow for a renovation budget while still staying under typical area valuations.


Frequently Asked Questions

1. Is the below-average living area a major concern?
While the home is smaller than many on its street and in Winnipeg overall, it is actually close to the average size for the Varennes neighborhood itself. This indicates it’s a reasonably typical home for the specific community, suited for efficient living or smaller households.

2. Why is the assessed value significantly lower than the street average?
The $282k assessment is well below the street average of ~$450k. This typically reflects the home’s smaller size, older age, and potentially its specific condition or features relative to neighbors. It’s a key indicator of the property’s value-oriented positioning.

3. What should I consider about the 1927 build date?
As one of the older homes on the street, a pre-purchase inspection is essential to understand the condition of major systems (wiring, plumbing, roof, foundation). This vintage also often means character details but may come with higher maintenance considerations compared to newer builds.

4. How does the lot size compare?
At just under 4,500 sqft, the lot is manageable and is actually around average for the street. It is smaller than the typical Winnipeg lot but provides standard outdoor space for the immediate area, balancing yard maintenance with usable space.

5. Who would this property suit best?
This home is ideal for budget-aware buyers prioritizing location and getting into the market. It fits first-time buyers comfortable with a cozy layout, downsizers seeking a simpler footprint, or strategic buyers viewing the lower assessment as a foundation for future value addition.