48.9
Below average
Property score
48.9
Below average
Overall 48.9
Smaller than most nearby homes
700 sqft (bottom 14%)
Built in 1945 (6 yrs older than avg)
Located in a above-average income area
with median household income of ~70.5k
Transit 74.0
2-min walk to transit with 2 nearby routes
Within 500m: 3 dining spots, 1 school, 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
Below average
30% smaller than neighborhood avg.
Year Built
Near average
6 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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48.9 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: #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
35 Sherwood Place — 15 amenities found within 500 m, across 7 categories, including 3 dining (nearest 120 m), 1 education (nearest 253 m), 2 healthcare (nearest 242 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 19% | Top 15% | Top 31% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 35 Sherwood Place, Winnipeg
Section 1: Key Characteristics & Appeal
This 1945-built home on a 5,244 sqft lot presents a distinct value profile rooted in its established Varennes neighbourhood. Its primary appeal lies in a desirable balance: the assessed value of $318k is notably above average for its immediate street and neighbourhood, suggesting strong perceived value for the area, while the living space (700 sqft) is compact and below local averages. This creates an opportunity for buyers comfortable with a smaller interior footprint who prioritize land size and location within a community.
The property suits practical, value-oriented buyers. It would be ideal for a first-time homeowner looking to enter a stable neighbourhood without a premium price tag for square footage, or an investor seeking a rental property with a manageable scale. The lot size is a key asset—it’s larger than most in the Varennes area, offering potential for outdoor enjoyment, gardening, or future expansion, subject to approvals. A less obvious perspective is that a home with a value ranking significantly higher than its size ranking can indicate a well-maintained property or a particularly prized location on its block, factors not fully captured by raw data.
Section 2: Frequently Asked Questions
1. Is the house too small?
At 700 sqft, the living area is below the average for the street, neighbourhood, and city. It requires efficient use of space and would suit individuals, couples, or those comfortable with a cozy layout.
2. Why is the assessed value higher than the street average?
The home’s assessed value ($318k) ranks in the top 25% on its street. This typically reflects factors like the property’s condition, updates, the specific lot attributes, or a favourable positioning within the immediate area compared to neighbours.
3. How does the lot size compare?
The 5,244 sqft lot is a standout feature. It is larger than the Varennes neighbourhood average, offering more outdoor space than many nearby properties, though it is slightly below the average lot size on Sherwood Place itself.
4. What does the "year built" ranking mean?
Built in 1945, this home is newer than most on its street (ranking in the top 20%), about average for the Varennes area, but older than the typical Winnipeg home. This suggests a mature streetscape with classic character.
5. Are these rankings good or bad?
The rankings are comparative tools, not a verdict. They show a property that offers a trade-off: a smaller, older home in exchange for a larger-than-neighbourhood-average lot and an assessed value that suggests it is a premium property within its immediate context. It represents a specific type of value proposition.
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.
