58.0
Fair
Property score
58.0
Fair
Overall 58.0
Older than most nearby homes
1,066 sqft (top 33%)
Built in 1919 (32 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
Near average
7% larger than neighborhood avg.
Year Built
Below average
32 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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58.0 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: #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
39 Sherwood Place — 15 amenities found within 500 m, across 7 categories, including 3 dining (nearest 98 m), 1 education (nearest 280 m), 2 healthcare (nearest 225 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% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This home at 39 Sherwood Place presents a solid, grounded opportunity in Winnipeg's Varennes neighborhood. Its appeal lies in offering above-average interior space for its immediate street and a larger-than-average lot for the local area, all at a assessed value that sits well below the citywide average. Built in 1919, it is a character home that will suit a specific buyer.
Key Characteristics & Ideal Buyer
The property’s key characteristic is its balance of space and value. With 1,066 sqft of living area, it offers more room than most comparable homes on Sherwood Place. Its 5,238 sqft lot is notably larger than the neighborhood average, providing valuable outdoor space in a mature community. While the 1919 build date means it is older than most homes in the city, this also suggests potential for classic architectural details. The assessed value of $281k is significantly below the Winnipeg average, indicating a relatively accessible entry point.
This home would suit a pragmatic first-time buyer or an investor looking for a character property with a good land-to-building ratio. It’s ideal for someone who values interior and yard space over a modern build date and is prepared for the maintenance or updates that come with an older home. Its value proposition is strongest at the street and neighborhood level, offering more for your money within a familiar local context rather than competing with newer suburban builds.
Frequently Asked Questions
1. Is the 1919 build date a concern?
It means the home is older than most in Winnipeg. Buyers should prioritize a thorough inspection to understand the condition of major systems (plumbing, electrical, roof) and plan for potential updates, but this age can also be the source of charming period features.
2. Why is the assessed value so much lower than the city average?
The assessed value reflects the home’s age, location, and characteristics relative to the broader market. It suggests this property offers a cost-effective way to gain space and lot size in a mature neighborhood, rather than paying a premium for a newer build.
3. How does the lot size compare?
The lot is smaller than others on Sherwood Place but is actually larger than the typical lot in the wider Varennes neighborhood. This gives you more private outdoor space than many nearby homes, which is a key advantage.
4. What does "Top XX%" in the rankings mean?
It shows how this property compares to similar homes. For example, its living area is in the "Top 28%" on its street, meaning it's larger than 72% of comparable homes nearby. A higher percentage is generally better for living area and lot size.
5. Who would this property not suit?
It may not suit buyers seeking a modern, move-in-ready home with no anticipated projects, or those who prioritize being in a newer subdivision. The value here is in space, land, and potential, not in contemporary finishes or recent construction.
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