44.2
Below average
Property score
44.2
Below average
Overall 44.2
Smaller than most nearby homes
752 sqft (bottom 26%)
Built in 1944 (7 yrs older 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, 1 healthcare facility, and 2 shops nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
25% smaller than neighborhood avg.
Year Built
Near average
7 yrs older 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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44.2 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
18 Kingswood Avenue — 15 amenities found within 500 m, across 7 categories, including 5 dining (nearest 77 m), 3 education (nearest 300 m), 1 healthcare (nearest 462 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%
Local garbage, recycling, and yard waste pickup schedule for 18 Kingswood Avenue.
Garbage
tuesday
Recycling
tuesday
Yard Waste
tuesday a
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 17% | Top 21% | Top 44% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 18 Kingswood Avenue, Winnipeg
Key Characteristics & Appeal
This 1944-built home in Varennes presents a compelling value proposition centered on its lot and location. With 5,120 sqft of land, the property offers a generous, average-to-above-average yard size for both its street and neighborhood, providing excellent outdoor space potential. Its primary appeal lies in its financial positioning: with an assessed value of $324k, it sits above average for Kingswood Avenue and the wider Varennes area, yet remains notably below the Winnipeg city average. This suggests a well-regarded property within a more affordable micro-market.
The home itself, at 752 sqft, is compact and below average in size at every comparison level. This characteristic clearly defines its ideal buyer: someone seeking an entry point into a stable neighborhood, prioritizing land value and location over interior square footage. It would suit a first-time buyer, an investor, or someone looking to downsize without sacrificing outdoor space. The data indicates you are paying a premium for the specific address and lot within this community, not for a large living area. A thoughtful perspective is that this property represents a "land play" with a liveable house, offering the chance to build equity through future expansions or renovations on a solid parcel of land.
Frequently Asked Questions
1. Is the house too small?
At 752 sqft, the living area is below the average for the street, neighborhood, and city. It is a compact home best suited for individuals, couples, or those comfortable with efficient living spaces.
2. Why is the assessed value above average if the house is smaller?
The assessed value reflects more than just living area. Its strong value ranking on the street and in Varennes is likely driven by its desirable lot size, the specific location on Kingswood Avenue, and the overall property condition as determined by the assessor.
3. What does the "land play" perspective mean?
It highlights that a significant portion of the property's value is in its 5,120 sqft lot. For the right buyer, this offers future potential—whether for gardening, adding a garage, or even a home addition—that smaller lots in the city may not allow.
4. How does the age of the home (1944) factor in?
The build year is typical for the street and neighborhood. Buyers should anticipate the maintenance and potential update needs common to houses of this era, but also benefit from the established character and mature landscaping of the area.
5. Is this a good investment for the area?
The data shows it holds a strong value position within its immediate surroundings (top 24-27% on its street and in Varennes). This indicates it is a comparatively desirable property in that micro-market, which can be a positive indicator for stability.
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