75.0
Good
Property score
75.0
Good
Overall 75.0
Larger and newer than most nearby homes
1,592 sqft (top 6%)
Built in 2019 (68 yrs newer than avg)
Located in a above-average income area
with median household income of ~71.5k
Transit 80.0
3-min walk to transit with 3 nearby routes
Within 500m: 7 dining spots, 2 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
Above average
60% larger than neighborhood avg.
Year Built
Above average
68 yrs newer than neighborhood avg.
Mother tongue
English · 70%French · 7%
Past 10 years Varennes sales snapshot (~80% of all data)
171
455.5k
$420/sqft
1951
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
75.0 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: #46110613
$72K
Median household income
$83K
Average household income
14%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.3
P90 / P10 ratio
30%
Single-person households
19%
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
22 Regal Avenue — 18 amenities found within 500 m, across 7 categories, including 7 dining (nearest 177 m), 2 education (nearest 127 m), 1 healthcare (nearest 389 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 8% | Top 5% | Top 9% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This home at 22 Regal Avenue presents a compelling mix of modern living and established community. Its primary appeal lies in its significant advantages in three key areas: it is a notably newer build (2019) compared to most homes in the area, it offers generous living space (1,592 sqft), and it carries a high assessed value. These features position it well above average for its street and the broader Varennes neighborhood. A thoughtful perspective is that this combination suggests a property that has been built with modern standards and finishes, potentially offering greater energy efficiency and lower immediate maintenance costs than older homes in the area.
The trade-off for these modern interiors and size is a more compact land footprint (3,388 sqft). This makes the property particularly well-suited for buyers who prioritize a spacious, turn-key home with less yard upkeep. It would appeal to professionals or small families seeking a modern, low-maintenance property in a mature neighborhood, without the typical concerns of an older house. It’s less ideal for those seeking extensive outdoor space for gardening or expansion.
Frequently Asked Questions
1. The land size is noted as below average. How does this impact the property?
While the lot is smaller than many in Winnipeg, it is a common profile for newer infill developments in established neighborhoods. It translates to less yard maintenance and may contribute to a more efficient property layout. The focus here is squarely on the home itself.
2. The assessed value is significantly higher than area averages. Will my property taxes be much higher?
Likely, yes. The $557,000 assessment is a key municipal input for calculating property taxes. While not the sole factor, prospective buyers should budget for a tax bill that aligns with this above-average valuation for the area.
3. As a 2019 build, what are the advantages over an older home?
Beyond contemporary design, a home of this age likely has modern building codes, newer major systems (like HVAC, wiring, and plumbing), and may come with remaining transferable warranties. This can mean fewer unforeseen repair costs in the initial years of ownership.
4. Who would this home not suit as well?
Buyers with a strong desire for a large, private backyard, those interested in future additions like a detached garage or large deck, or individuals who prefer the classic character and larger lot sizes of much older homes might find other properties in the area a better fit.
5. The rankings show it's "above average" in many categories. What does that mean for resale?
These metrics indicate the home has standout features (newness, size, perceived value) within its immediate market. This strong positioning relative to comparable homes can be a supportive factor for its value over time, assuming the overall market remains stable.
Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.
