47.9
Below average
Property score
47.9
Below average
Overall 47.9
Smaller than most nearby homes
746 sqft (bottom 25%)
Built in 1929 (22 yrs older than avg)
Located in a above-average income area
with median household income of ~79k
Transit 80.0
4-min walk to transit with 3 nearby routes
Within 500m: 8 dining spots, 3 schools, 2 healthcare facilitys, and 4 shops nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
25% smaller than neighborhood avg.
Year Built
Near average
22 yrs older than neighborhood avg.
Mother tongue
English · 63%French · 7%
Past 10 years Varennes sales snapshot (~80% of all data)
171
455.5k
$420/sqft
1951
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47.9 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: #46110611
$79K
Median household income
$96K
Average household income
14%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.0
P90 / P10 ratio
27%
Single-person households
22%
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
42 Inman Avenue — 25 amenities found within 500 m, across 8 categories, including 8 dining (nearest 242 m), 3 education (nearest 396 m), 2 healthcare (nearest 297 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 42 Inman 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 31% | Top 50% | Bottom 29% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 38% | Bottom 26% | Bottom 20% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 42 Inman Avenue
Key Characteristics & Appeal
This 1929-built home on Inman Avenue in Varennes presents a practical and value-conscious opportunity. Its primary appeal lies in its efficient scale and lot size relative to its immediate area. At 746 sqft, the living space is modest and slightly below the neighborhood average, positioning it as an affordable entry point or a low-maintenance option. The assessed value of $255k is comfortably below both neighborhood and citywide averages, suggesting a lower property tax burden and room for investment.
A standout feature is the 5,120 sqft lot, which is above average for the street. This offers valuable outdoor space uncommon for homes at this price point, providing potential for gardening, expansion, or simple private enjoyment. The home suits first-time buyers seeking a foothold in the market without overextending, downsizers looking to reduce maintenance and costs, or investors interested in a property with a strong land-to-building ratio. Its character is one of straightforward potential rather than immediate luxury, appealing to those who see value in fundamentals.
Frequently Asked Questions
1. Is the smaller living area a concern?
While below the city average, the home's size is closer to the norm on its own street. This can mean lower utility costs and less upkeep, which is a trade-off some buyers actively seek for a simpler lifestyle.
2. How does the 1929 build year affect the property?
The home is older than most in Winnipeg, which typically suggests potential for older infrastructure (like plumbing or wiring) to be assessed. However, it also indicates a well-established, mature neighborhood and a home that has stood the test of time.
3. What does the "above average" lot size mean for me?
It means you're getting more land than most of your direct neighbors. This is a tangible asset that adds privacy, outdoor utility, and future potential that smaller lots simply cannot offer.
4. Why is the assessed value significantly lower than the city average?
The assessment reflects a combination of the home's smaller size, age, and location. It's a key indicator of the property's position in the market as an affordable option, which is often reflected in correspondingly lower property taxes.
5. Who is this neighborhood best for?
The data shows homes here are generally older, more modest in size, and more affordable than the wider city. This creates a community likely suited to practical, budget-minded homeowners rather than those seeking high-end finishes or the newest developments.
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