51.3
Fair
Property score
51.3
Fair
Overall 51.3
Compared with neighbourhood average
849 sqft (bottom 42%)
Built in 1924 (27 yrs older than avg)
Located in a above-average income area
with median household income of ~70.5k
Transit 74.0
3-min walk to transit with 2 nearby routes
Within 500m: 4 dining spots, 1 school, 2 healthcare facilitys, and 1 shop nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Near average
15% smaller than neighborhood avg.
Year Built
Below average
27 yrs older than neighborhood avg.
Mother tongue
English · 77%Tagalog · 4%
Past 10 years Varennes sales snapshot (~80% of all data)
171
455.5k
$420/sqft
1951
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51.3 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: #46110616
$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
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
29 Sherwood Place — 15 amenities found within 500 m, across 7 categories, including 4 dining (nearest 158 m), 1 education (nearest 213 m), 2 healthcare (nearest 245 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 38% | Bottom 47% | Bottom 26% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 19% | Bottom 18% | Bottom 15% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 1% | Bottom 6% | Bottom 9% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 29 Sherwood Place, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated Varennes home presents a practical opportunity. Built in 1924, its 849 sqft living space is typical for Sherwood Place and the immediate neighborhood, offering a comfortable scale that is easier to maintain than a larger city-average home. The property’s standout feature is its 5,253 sqft lot, which is notably larger than most in the Varennes area, providing valuable outdoor space and potential in a neighborhood context.
The appeal lies in its balance and positioning. With an assessed value below city averages, it represents a more accessible entry point into the Winnipeg market. It suits first-time buyers seeking a manageable home with a generous yard, or practical downsizers looking to stay in the area without the upkeep of a larger house. A thoughtful perspective is that while the home itself is average for its street, the lot size offers a relative rarity for the neighborhood—a private outdoor asset that isn't reflected in the living area square footage.
Section 2: Frequently Asked Questions
1. Is the house smaller than average?
Yes, compared to the overall Winnipeg average. However, it is very much in line with the typical home size on its own street and in the Varennes neighborhood, where smaller, character homes are common.
2. What does the assessed value tell me?
The assessed value of $249k is below the city average, which can indicate a relatively lower property tax base. It's around average for the immediate area, suggesting the price reflects local norms rather than being undervalued.
3. How does the lot size compare?
The lot is a key feature. It is larger than 83% of lots on the street and is above average for the Varennes neighborhood, offering more private outdoor space than many surrounding properties.
4. Is the age of the home a concern?
Built in 1924, it is older than the city average but typical for its street. This suggests potential for character but also means a thorough inspection is essential to understand the condition of major systems and any needed updates.
5. Who would this property suit best?
It's ideal for buyers prioritizing lot size and neighborhood location over interior square footage. It fits those comfortable with a home of average size for the area who value the potential of a larger yard for gardening, recreation, or future expansion.
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