Property score
46.6
Below average
Overall 46.6 · Smaller than most nearby homes
659 sqft (bottom 8%) · Built in 1945 (6 yrs older than avg)
Located in a above-average income area with median household income of ~79k
Transit 70.0 · 5-min walk to transit with 3 nearby routes · Within 500m: 9 dining spots, 2 schools, 2 healthcare facilitys, and 4 shops nearby
Living Area
Below average
34% smaller than neighborhood avg.
Year Built
Near average
6 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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46.6 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
49 Inman Avenue — 26 amenities found within 500 m, across 8 categories, including 9 dining (nearest 277 m), 2 education (nearest 358 m), 2 healthcare (nearest 274 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 | Bottom 21% | Bottom 10% | Bottom 12% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This home at 49 Inman Avenue presents a distinct profile defined by its balance of space, value, and vintage character. Its key appeal lies in offering a generous lot within a mature neighbourhood at a municipal assessment that sits well below the Winnipeg average, suggesting a potentially accessible entry point into the market.
Key Characteristics & Target Buyer
The property is built around a 1945-era home with 659 sqft of living space, which is notably compact compared to area and city averages. However, it is situated on a larger-than-average lot for its immediate street and Varennes neighbourhood, providing valuable outdoor space and potential. Its municipal assessed value of $266,000 is significantly lower than the Winnipeg average, indicating a relatively lower property tax burden and a price point that may offer room for value appreciation.
This home would suit a pragmatic first-time buyer, an investor, or a downsizer who prioritizes land size and location over immediate living square footage. Its appeal is for those who see potential in the sizable lot—whether for gardening, expansion, or future redevelopment—and who are comfortable with a smaller, classic home footprint that they can update over time. It’s a property that trades sheer interior size for land and financial efficiency.
Frequently Asked Questions
1. Is the living area too small?
At 659 sqft, the home is significantly smaller than the average Winnipeg house. It requires efficient use of space and would suit individuals, couples, or those comfortable with a compact, cozy layout. The trade-off is the larger lot and lower assessed value.
2. What does the below-average assessment mean for me?
A lower assessed value typically translates to lower annual property taxes compared to similar-sized lots with newer or larger homes. It can also mean the purchase price may be more accessible, though the final sale price is determined by the market.
3. How does the 1945 build year affect the home?
Being newer than most on its street is a positive, but a home of this age will likely have older building systems, windows, and insulation. Buyers should budget for updates and have thorough inspections for plumbing, electrical, and the foundation.
4. The lot is larger than average for the area. What are the benefits?
The 5,121 sqft lot offers more private outdoor space, better potential for additions like a garage or deck, and possibly more landscaping or gardening opportunities. It is a key asset that adds long-term value and flexibility.
5. How should I interpret the ranking data?
The rankings compare this property against others on its street, in Varennes, and across Winnipeg. They show this home excels in lot size on its street, is average-to-newer for its age locally, but is notably smaller in living area than most city homes. It’s a snapshot of how it stacks up in specific metrics.
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.
