59.5
Fair
Property score
59.5
Fair
Overall 59.5
Larger than most nearby homes
1,202 sqft (top 20%)
Built in 1924 (27 yrs older than avg)
Located in a above-average income area
with median household income of ~78.5k
Transit 80.0
4-min walk to transit with 3 nearby routes
Within 500m: 7 dining spots, 3 schools, 2 healthcare facilitys, 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
21% larger than neighborhood avg.
Year Built
Below average
27 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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59.5 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
24 Kingswood Avenue — 20 amenities found within 500 m, across 8 categories, including 7 dining (nearest 118 m), 3 education (nearest 310 m), 2 healthcare (nearest 422 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 24 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 13% | Top 20% | Top 37% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 24 Kingswood Avenue
Section 1: Overview & Appeal
This 1924-built home on a 5,120 sqft lot presents a compelling blend of established neighborhood character and above-average space for its immediate area. With 1,202 sqft of living area, it offers more room than most homes on its street and in the Varennes neighborhood, providing a sense of value and practicality within a community context. Its assessed value sits comfortably around the local averages, suggesting a reasonably priced entry point into the area.
The primary appeal lies in its strong local positioning. You are acquiring a home that is physically larger than many of its direct neighbors, which can translate to better livability and potential. It suits a pragmatic buyer—perhaps a first-time homeowner, a downsizer, or an investor—who values a solid, no-surprises property in a mature area over a newer home in the outer suburbs. This is a home for someone who appreciates established streetscapes, larger lot sizes than newer subdivisions offer, and the potential to add value through updates over time. A thoughtful perspective is that while the home is older than the Winnipeg average, it is typical for its well-regarded neighborhood, meaning you’re buying into the consistency and stability of the community rather than a modern structure.
Section 2: Frequently Asked Questions
1. Is the home’s older age (1924) a concern?
While built in 1924, this is around the average age for Kingswood Avenue. The key will be the condition and updates of major systems like wiring, plumbing, and the roof, which a thorough home inspection will address.
2. How does the value compare to the rest of the city?
The assessed value is below the Winnipeg-wide average, which is typical for an older home in a mature neighborhood compared to newer city developments. This can represent a more affordable entry point into the market.
3. The living area is above street level but average city-wide. What does that mean?
It means the home feels spacious and offers good value within its own community, where similar homes are often smaller. Compared to all of Winnipeg, it’s a standard size, as newer builds tend to be larger.
4. What are the implications of the lot size?
At just over 5,000 sqft, the lot is very typical for the street and neighborhood. It provides a good balance of outdoor space for gardening or recreation without the extensive maintenance of a much larger yard.
5. Does the ranking data suggest this is a good investment?
The data shows a home that is competitive and well-positioned within its immediate micro-market (the street and neighborhood). This local strength often provides more stability and predictable demand than chasing city-wide trends, which can be influenced by vastly different property types.
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