Property score
52.7
Fair
Overall 52.7 · Newer than most nearby homes
832 sqft (bottom 40%) · Built in 1950 (1 yr older than avg)
Located in a above-average income area with median household income of ~71.5k
Transit 80.0 · 3-min walk to transit with 3 nearby routes · Within 500m: 8 dining spots, 1 school, 2 healthcare facilitys, and 4 shops nearby
Living Area
Near average
17% smaller than neighborhood avg.
Year Built
Above average
1 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
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52.7 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
51 Kingswood Avenue — 22 amenities found within 500 m, across 7 categories, including 8 dining (nearest 309 m), 1 education (nearest 305 m), 2 healthcare (nearest 276 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 12% | Bottom 16% | Bottom 15% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 51 Kingswood Avenue
Key Characteristics & Appeal
This 832 sqft bungalow, built in 1950, presents a solid, grounded opportunity in the Varennes neighborhood. Its primary appeal lies in its balance and context. While the living space is modest by city-wide standards, it is competitively sized for its immediate street and area, suggesting a home that fits comfortably within its established community. The standout feature is the land: at over 5,000 sqft, the lot size is well above average for both the street and the neighborhood, offering valuable outdoor space and potential.
The property’s assessed value sits comfortably around local averages, indicating a fair market position without a premium for extreme size or luxury. This profile suits practical buyers—first-time homeowners, downsizers, or investors—who prioritize a larger lot in a mature area over a large interior footprint. It’s for someone who sees value in space for a garden, storage, or future expansion, and who appreciates a home that is financially in line with its surroundings rather than an outlier.
Frequently Asked Questions
1. Is the house smaller than average?
Compared to the entire city of Winnipeg, yes. However, within its own neighborhood and especially on its street, the living area is very much in line with typical homes. This is a characteristically sized home for this specific, established area.
2. What does the above-average land area mean for me?
The lot is a significant asset. It provides more private outdoor space than many neighbors, which is ideal for gardening, recreation, or pets. It also could offer more flexibility for future projects like a shed, deck, or expansion, subject to local zoning regulations.
3. How should I interpret the assessed value rankings?
The assessment suggests the property is valued consistently with its immediate peers on Kingswood Avenue and in Varennes. It’s not undervalued nor carrying a premium based on size alone, which can be seen as a mark of stability and a reasonable starting point for market pricing.
4. The home was built in 1950. What should I consider?
While the build year is older than the city average, it is actually newer than many homes on its street and in the neighborhood. This suggests potentially newer infrastructure than some direct comparables, but a thorough inspection for updates to roofing, wiring, plumbing, and insulation remains essential for any home of this era.
5. Who would this property not suit?
Buyers seeking a move-in-ready home with modern, open-concept layouts and very large interior spaces may find the footprint limiting. It’s better suited to those comfortable with the layout of a classic bungalow and who see the land itself as a key part of the property’s value.
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