44.9
Below average
Property score
44.9
Below average
Overall 44.9
Smaller than most nearby homes
723 sqft (bottom 17%)
Built in 1945 (6 yrs older than avg)
Located in a above-average income area
with median household income of ~78.5k
Transit 80.0
3-min walk to transit with 3 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
27% smaller than neighborhood avg.
Year Built
Near average
6 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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44.9 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
20 Kingswood Avenue — 16 amenities found within 500 m, across 7 categories, including 5 dining (nearest 90 m), 3 education (nearest 314 m), 1 healthcare (nearest 448 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 20 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 50% | Top 41% | Bottom 36% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 20 Kingswood Avenue
Key Characteristics & Appeal
This 723 sqft home, built in 1945 on a 5,120 sqft lot, presents a compelling case for value-focused buyers. Its primary appeal lies in a strong assessed value of $318k, which sits above average for both its street and the Varennes neighborhood. This suggests the property is well-regarded within its immediate context, potentially offering a solid entry point into a stable area.
The home’s living space is notably compact, ranking below average at every level from the street to the entire city. This characteristic defines its ideal buyer: someone seeking affordability and manageability over sheer size. It would suit a first-time homebuyer, a downsizer, or an investor looking for a practical rental. The generous lot size for the area offers valuable outdoor space and future potential that the home itself does not.
A less obvious perspective is the balance it strikes. You are acquiring a property that holds its value well locally (where it matters most for day-to-day living and resale) while the smaller interior translates to lower utility costs, less maintenance, and a cozier footprint. It’s a pragmatic choice for those who prioritize financial efficiency and land over expansive square footage.
Frequently Asked Questions
1. Is the living area too small?
It is significantly smaller than the Winnipeg average. However, it is relatively more common for the specific street and neighborhood. It’s a functional size for 1-2 people and emphasizes efficient use of space over sprawling rooms.
2. Why is the assessed value above average if the house is smaller?
Assessed value considers multiple factors, including lot size, location, condition, and market trends. The above-average assessment for the area indicates that other attributes—like the desirable lot or the home’s condition—are positively impacting its official valuation.
3. What does the year built (1945) mean for maintenance?
As a home from the mid-1940s, it likely has classic charm but may require updates to major systems like wiring, plumbing, or insulation. A thorough inspection is essential to understand the state of these components.
4. How does the lot size compare?
The lot is very typical for Kingswood Avenue and slightly larger than the Varennes neighborhood average. It provides ample outdoor space, which is a valuable asset not reflected in the living area square footage.
5. Who would this property suit best?
It’s an excellent match for budget-conscious buyers seeking a manageable home in a established neighborhood. It’s less suited for those needing multiple bedrooms or large, open-concept living areas. The value is in the land, location, and lower ongoing costs.
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