Property score
78.4
Good
Overall 78.4 · Larger and newer than most nearby homes
1,794 sqft (top 3%) · Built in 2024 (73 yrs newer than avg)
Located in a above-average income area with median household income of ~70.5k
Transit 82.0 · 1-min walk to transit with 2 nearby routes · Within 500m: 3 dining spots, 1 school, 2 healthcare facilitys, and 2 shops nearby
Living Area
Above average
80% larger than neighborhood avg.
Year Built
Above average
73 yrs newer 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
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
78.4 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
45 Sherwood Place — 15 amenities found within 500 m, across 7 categories, including 3 dining (nearest 79 m), 1 education (nearest 316 m), 2 healthcare (nearest 206 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 6% | Top 2% | Top 8% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 45 Sherwood Place
Key Characteristics & Appeal
This 2024-built home in Varennes stands out for its modern construction and premium positioning within its surroundings. Its primary appeal lies in offering a significantly newer and larger living space than almost all comparable homes in the area. With 1,794 sqft of living area, it ranks in the top 3% of the neighborhood, providing ample room in a locale where the typical home is much smaller and decades older.
The property is best suited for buyers seeking a modern, move-in-ready home without compromising on established, desirable locations. It appeals to those who prioritize interior space and contemporary builds over a large yard, as the lot size is more compact than others on the street. The elite assessed value—ranked #1 on the street and top 4% in the neighborhood—confirms its premium market position. This isn't just a new house; it's a substantially upgraded replacement in a mature community, ideal for professionals or downsizers who want low-maintenance living without leaving a cherished area.
Frequently Asked Questions
Q: The house is new, but how does it really compare to others nearby?
A: The data is striking. It's the newest on the street (avg. year built is 1935) and has nearly double the living area of the average Sherwood Place home. You're buying into the neighborhood's character but with a completely modern standard.
Q: The lot seems smaller than others. Is that a concern?
A: It is a more compact, efficient lot. This translates to less yard maintenance—a plus for many—but means outdoor space is designed for patios or gardens rather than sprawling lawns. It reflects a modern use of space.
Q: Why is the assessed value so much higher than the street average?
A: The assessed value reflects the combination of a brand-new structure, high-quality finishes, and significantly more living area. It's not just land value; it's the value of a completely modern asset in an older setting.
Q: What does the "elite" ranking for year built actually mean for me?
A: Beyond obvious new-build benefits, it means vastly newer mechanical systems (plumbing, electrical, insulation), contemporary building codes, and likely lower immediate repair costs compared to the neighborhood's older housing stock.
Q: Who would this property not suit as well?
A: It may not suit buyers seeking a large, traditional yard for extensive gardening or recreation, or those whose budget is strictly aligned with the area's older home prices. It's for buyers valuing modern interior space over expansive outdoor land.
