43 Varennes Avenue

Varennes, Winnipeg

74.5

Good

Overall 74.5

Larger and newer than most nearby homes

1,537 sqft (top 8%)

Built in 2022 (71 yrs newer than avg)

Located in a above-average income area

with median household income of ~71.5k

Transit 74.0

2-min walk to transit with 2 nearby routes

Within 500m: 5 dining spots, 1 school, 2 healthcare facilitys, and 2 shops nearby

Living Area

Above average

54% larger than neighborhood avg.

Year Built

Above average

71 yrs newer than neighborhood avg.

Mother tongue

English · 70%French · 7%

Past 10 years Varennes sales snapshot (~80% of all data)

Sold Count

171

Median price

455.5k

$/sqft

$420/sqft

Avg build year

1951

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Property score

74.5 is composed by the two sections below.

Property Score

74.5Good
Living Area1,537 sqft79Good
Year Built2022100Excellent
Lot Size2,684 sqft28Low
Neighbourhood Sales Activity59Fair

Community Score

74.4Good
Household Income72Good
Education Level72Good
Housing Stress74Good
Core Housing Need76Good
Employment Health90Excellent

Neighbourhood Sales

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110613

Community deep dive

$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

Population, labour & age

Population (2021)522
Labour force participation rate81%
Median age36.4
Avg household size2.3
Unemployment rate6%
Population density2900 / km²

Households & income

Low income (LIM-AT, % pop.)14%
Single-person households30%
Couple families with children19%
Median household income (2020)$72K

Housing

Renter households32%
Condominium dwellings0%
Median dwelling value (owners)$276K

Diversity, education & language

Immigrants (share of pop.)14%
Visible minority20%
Bachelor's or higher (25–64)38%
Mother tongue (1st)English · 70%
Mother tongue (2nd)French · 6%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

Elite
1,537 sqft
0255075100
Same streetTop 4%Same areaTop 8%CitywideTop 28%
Same street · Varennes Avenue
#1 / 28
Top 4% · Avg 885 sqft
Same area · Varennes
#34 / 426
Top 8% · Avg 997 sqft
Citywide · Winnipeg
#55,099 / 194,458
Top 28% · Avg 1,342 sqft

Tax-Assessed Value

Elite
551k
0255075100
Same streetTop 4%Same areaTop 7%CitywideTop 13%
Same street · Varennes Avenue
#1 / 28
Top 4% · Avg 288.3k
Same area · Varennes
#31 / 426
Top 7% · Avg 318.6k
Citywide · Winnipeg
#24,459 / 194,458
Top 13% · Avg 390.1k

Year Built

Elite
2022
0255075100
Same streetTop 4%Same areaTop 5%CitywideTop 1%

Lot Size

below average
2,684 sqft
0255075100
Same streetBottom 7%Same areaBottom 6%CitywideBottom 7%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

43 Varennes Avenue — 17 amenities found within 500 m, across 7 categories, including 5 dining (nearest 102 m), 1 education (nearest 218 m), 2 healthcare (nearest 180 m).

Search radius
🍽️Dining5
🏫Education1
🏥Healthcare2
🛒Shopping2
🏦Finance1
Fuel Stations2
Worship4

Crime & Safety

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%

Waste Collection Schedule

Local garbage, recycling, and yard waste pickup schedule for 43 Varennes Avenue.

🗑️

Garbage

tuesday

♻️

Recycling

tuesday

🍂

Yard Waste

tuesday a

Sales History

Sold 11/2024CA$500k–550k
Sold price

Same street

Top 20%

Same area

Top 7%

City-wide

Top 11%
Sold 5/2023CA$550k–600k
Sold price

Same street

Top 10%

Same area

Top 6%

City-wide

Top 9%
Sold 9/2022CA$450k–500k
Sold price

Same street

Top 30%

Same area

Top 9%

City-wide

Top 17%

Related homes

Highlights & common questions: 43 Varennes Avenue, Winnipeg

Property Overview

This home stands out for its exceptional modern build and generous interior space within a well-established neighborhood. Its primary appeal lies in offering a turn-key, contemporary living experience without the typical wait and uncertainties of new construction, all while being situated in a mature community. The property presents a compelling "best-in-class" profile on its street and in its immediate area for key metrics like living space, assessed value, and newness.

Key Characteristics & Ideal Buyer

The most striking features are its 2022 construction and a spacious 1,537 sqft living area, which rank in the top 4-5% within its local community and street. This combination means buyers benefit from modern building standards, energy efficiency, and a blank-slate interior, but with the established landscaping and neighborhood character that often takes years to develop in new subdivisions. The home's tax-assessed value of approximately $551,000 is significantly above local averages, reflecting its premium position.

However, the property offers a distinct trade-off: the land size of 2,684 sqft is notably smaller than area norms. This creates a low-maintenance yard—a plus for those seeking ease—but may not suit those dreaming of extensive gardens, large outdoor entertainment spaces, or future expansions.

This home would perfectly suit:

  • Professionals or small families seeking a modern, move-in-ready home in a settled neighborhood.
  • Buyers who prioritize interior space and new-build amenities over a large private outdoor area.
  • Those looking for a property with strong foundational value (new construction, above-average square footage) in a community where it is a standout.

Frequently Asked Questions

1. How does the smaller lot size impact the property?
While the yard is more compact than others in the area, it translates to less time and cost spent on maintenance. The focus here is squarely on the home itself and indoor/outdoor living, rather than extensive grounds. It's a practical choice for a lock-and-leave lifestyle.

2. The assessed value seems high for the area. What does this indicate?
The assessed value ranks in the top 7% of the community, which officially recognizes the property's superior attributes (like its newness and size) compared to its neighbors. This generally supports a strong market value, but it's also important to note that property taxes will be based on this higher assessment.

3. As a nearly new build, are there any major concerns?
A 2022 construction means the home is likely still under the original builder's warranty for major structural elements, which is a significant advantage. Key systems like roofing, HVAC, and appliances are in like-new condition, offering peace of mind and predictable costs for the immediate future.

4. What is the neighborhood vibe like, given the mix of old and new homes?
Varennes Avenue features a mix of older, classic homes and newer infill builds like this one. This suggests a neighborhood in transition, offering both established charm and modern updates. It can be an appealing dynamic, blending mature tree canopies with contemporary housing stock.

5. Where does this property offer the most and least value?
It offers the most value through its modern construction, efficient use of interior space, and premium positioning on its street. The trade-off is in outdoor space; you are purchasing a superior home on a more modest lot. For buyers who value their living space over their land space, this represents an efficient allocation of resources.

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