Property score
53.4
Fair
Overall 53.4 · Newer than most nearby homes
832 sqft (bottom 40%) · Built in 1951
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: 9 dining spots, 1 school, 2 healthcare facilitys, and 4 shops nearby
Living Area
Near average
17% smaller than neighborhood avg.
Year Built
Above average
0 yrs newer 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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53.4 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: #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
50 Kingswood Avenue — 23 amenities found within 500 m, across 7 categories, including 9 dining (nearest 313 m), 1 education (nearest 342 m), 2 healthcare (nearest 269 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 29% | Top 30% | Bottom 45% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 29% | Bottom 47% | Bottom 26% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 50 Kingswood Avenue, Winnipeg
Key Characteristics & Appeal
This well-situated home on Kingswood Avenue presents a compelling case for value within its established Varennes neighborhood. At 832 sqft, the living space is typical for the immediate street and area, though more compact compared to the Winnipeg city average. Its true strength lies in its above-average assessed value relative to its local context, ranking in the top 15% on its own street and top 23% in the neighborhood. This suggests the property is perceived to hold greater value or potential than many around it. Built in 1951, it is a newer construction compared to many homes on the street, which may imply updates or a longer potential lifespan before major system renewals. The 5,122 sqft lot is generous and on par with local norms.
The appeal here is one of efficient value in a mature community. It suits practical buyers—perhaps first-time homeowners, downsizers, or investors—who prioritize a solid footprint in a settled area over sheer square footage. A thoughtful perspective is that this property outperforms its direct peers in key financial metrics (assessed value, newer build) while offering a manageable scale, potentially translating to lower maintenance costs and utility bills compared to larger city averages.
Frequently Asked Questions
1. Is the living area too small?
While below the Winnipeg average, the home’s living area is typical for the specific street and Varennes neighborhood. It represents the efficient design common to its era and suits those looking for a manageable, easier-to-maintain space.
2. Why is the assessed value above average for the area?
A higher assessed value compared to local averages can be influenced by several factors, including the property’s condition, specific improvements, its lot, and its relatively newer construction date (1951) compared to street peers.
3. What does the 1951 build year indicate?
Being newer than many homes on the street (average build year 1946) can be an advantage. It may suggest that major components like plumbing, electrical, or the foundation are potentially in a different stage of their lifecycle, though a specific inspection is always necessary.
4. How does the lot size compare?
The lot is just slightly below the street average but actually larger than the neighborhood average. It offers ample outdoor space typical of the area, without the excessive upkeep that can come with much larger city lots.
5. How should I interpret these rankings?
The rankings show how this property compares to similar homes at three levels: its immediate street, the broader Varennes neighborhood, and all of Winnipeg. It performs strongest within its most local context, particularly in value and build year, which is often the most relevant comparison for daily living and community feel.
