Property score
56.3
Fair
Overall 56.3 · Newer than most nearby homes
908 sqft (top 50%) · 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
9% 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
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
56.3 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
53 Kingswood Avenue — 22 amenities found within 500 m, across 7 categories, including 8 dining (nearest 302 m), 1 education (nearest 314 m), 2 healthcare (nearest 264 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 33% | Top 33% | Bottom 43% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 53 Kingswood Avenue
Key Characteristics & Appeal
This 1950-built home on a generous 5,123 sqft lot presents a solid, grounded opportunity in the Varennes neighborhood. Its primary appeal lies in its strong positioning within its immediate community. The assessed value ranks well above average for both the street and the area, suggesting it is viewed as a premium property in its local market. While the 908 sqft living space is typical for Kingswood Avenue, the lot size is notably larger than most on the block, offering valuable outdoor space and potential.
The property would suit practical buyers who prioritize neighborhood value over sheer square footage. It’s ideal for someone looking for a established, character home with a sizeable yard in a stable area, without paying the premium for a newer or significantly larger home by city-wide standards. A thoughtful perspective is that this home represents a “big fish in a small pond” scenario—it stands out favorably on its street and in Varennes, which can be a marker of stability and pride of ownership, even if it appears more average in a city-wide comparison.
Frequently Asked Questions
1. How does this home’s value compare to its neighbors?
Its assessed value is in the top 19% on its street and top 24% in the Varennes neighborhood, indicating it is considered a higher-value home in its immediate area compared to peers.
2. Is the living space smaller than typical Winnipeg homes?
Yes. At 908 sqft, it is below the Winnipeg average for comparable homes. However, it is very much in line with the average size for both Kingswood Avenue and the Varennes neighborhood.
3. What is the significance of the large lot size?
The lot of 5,123 sqft ranks in the top 11% on the street. This is a key feature, offering more private outdoor space than most direct neighbors and providing potential for gardening, expansion, or additions, subject to zoning.
4. Is a 1950 build date a concern?
The year built is typical for the area. It ranks around average for the street and above average for the neighborhood, meaning many nearby homes are of a similar vintage. This suggests well-understood maintenance expectations for the area.
5. Are the city-wide rankings a disadvantage?
Not necessarily. While rankings for size and age are lower city-wide, the value holds near the city average. This often reflects the character of established, mature neighborhoods where lot size and location can be more prized than the square footage of the home itself.
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.
