60.5
Fair
Property score
60.5
Fair
Overall 60.5
Compared with neighbourhood average
1,059 sqft (top 35%)
Built in 1932 (19 yrs older than avg)
Located in a above-average income area
with median household income of ~71.5k
Transit 82.0
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
6% larger than neighborhood avg.
Year Built
Near average
19 yrs older than neighborhood avg.
Mother tongue
English · 70%French · 7%
Past 10 years Varennes sales snapshot (~80% of all data)
171
455.5k
$420/sqft
1951
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
60.5 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: #46110613
$72K
Median household income
$83K
Average household income
14%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.3
P90 / P10 ratio
30%
Single-person households
19%
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 Sherwood Place — 15 amenities found within 500 m, across 7 categories, including 3 dining (nearest 51 m), 1 education (nearest 275 m), 2 healthcare (nearest 169 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 Sherwood Place.
Garbage
tuesday
Recycling
tuesday
Yard Waste
tuesday a
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 31% | Bottom 26% | Bottom 20% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
This home at 42 Sherwood Place presents a compelling opportunity in Winnipeg's Varennes neighborhood. Its appeal lies in a balanced profile that offers both a comfortable, established living space and a standout lot size within its immediate area. The house itself, built in 1932, is consistent with the character of its street and neighborhood. With just over 1,000 square feet of living space and an assessed value of $300,000, it sits comfortably around the average for its direct surroundings on Sherwood Place. This suggests a home that is well-proportioned and priced in line with local expectations, avoiding the premium often attached to the largest or newest homes on the block.
The property’s most distinctive feature is its land. The lot size of nearly 7,000 square feet is not only above average for the street but ranks in the elite top 4% within the wider Varennes neighborhood. This creates a valuable contrast: a modest, maintainable home on a generous parcel of land. It suits a practical buyer who values space for gardening, recreation, or future expansion more than a large interior footprint. It would also appeal to someone seeking an established, no-surprises home in a mature community, where the investment is grounded more in the land than in an oversized structure.
1. How does this home really compare to others nearby?
The data shows it is very typical for Sherwood Place in terms of size, age, and value. Its lot, however, is significantly larger than most in the Varennes neighborhood, which is a key differentiator.
2. Is the assessed value a reliable indicator of the market price?
The assessed value of $300k is close to the street average and below the neighborhood average, providing a stable baseline. However, market conditions and the home's specific condition will ultimately determine the sale price.
3. What are the implications of the 1932 build date?
It means the home is older than most in Winnipeg. Buyers should anticipate character typical of that era and ensure proper inspections for systems like wiring and plumbing, which may have been updated over time.
4. The living area is below the city average. Does that make it small?
While below the Winnipeg average, it is on par with homes on its street and in Varennes. It indicates a efficient, likely easier-to-maintain space rather than an unusually small one for this specific location.
5. Why is the lot size highlighted as so important here?
In a neighborhood where lots average under 5,000 sq ft, this nearly 7,000 sq ft lot is a rare find. It offers privacy, outdoor potential, and a land value that may appreciate independently of the home itself.
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.
