Property score
51.9
Fair
Overall 51.9 · Compared with neighbourhood average
852 sqft (bottom 43%) · Built in 1927 (24 yrs older than avg)
Located in a above-average income area with median household income of ~70.5k
Transit 74.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 3 dining spots, 2 schools, 1 healthcare facility, and 1 park nearby
Living Area
Near average
15% smaller than neighborhood avg.
Year Built
Below average
24 yrs older 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
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51.9 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
623 St Mary'S Road — 12 amenities found within 500 m, across 6 categories, including 3 dining (nearest 181 m), 2 education (nearest 460 m), 1 healthcare (nearest 53 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 45% | Top 33% | Bottom 43% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 30% | Top 45% | Bottom 32% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This home at 623 St Mary's Road in Varennes presents a distinct profile defined by its contrasts. Its key appeal lies in offering a larger-than-average lot within a mature, established neighborhood at a municipal tax assessment that is very manageable for the area. Built in 1927, it is a character home that predates many in the city, suggesting potential for classic architectural details but also a need for consideration regarding updates and maintenance.
The 852 sqft living space is compact, ranking below averages for its specific street and the wider city, indicating a cozy footprint. However, this is balanced by a generous 5,605 sqft lot that is significantly larger than most in the Varennes community. The tax-assessed value of $335,000 sits notably above the neighborhood average but closer to the citywide norm, highlighting that the property is valued more highly within its immediate locale—likely due to its lot size and location on a main road.
This property would best suit a pragmatic buyer who values land over square footage, such as a downsizer seeking a manageable home with ample outdoor space, or an investor/renovator who sees potential in the lot and is prepared to work with an older structure. It’s less suited for those prioritizing modern, move-in-ready interiors or maximum indoor living space.
Frequently Asked Questions
1. Is the tax assessment a reliable indicator of the market price?
Not directly. The assessed value ($335,000) is for municipal tax purposes. Market price is determined by current buyer demand, the home's condition, and recent sales of comparable properties. The assessment being above the neighborhood average does signal that the city appraises this property relatively highly within Varennes.
2. The living space is below average. How does that feel in practice?
At 852 sqft, the home is efficient. It will suit those comfortable with cozy, well-utilized rooms. The trade-off is the substantial lot, offering significant outdoor space that effectively extends your living area, especially in warmer months.
3. What are the implications of a 1927 build year?
It places this home in the "character" category. Potential positives include solid construction and period charm. Key considerations are the likely need for updates to electrical, plumbing, or insulation to modern standards, and the possibility of heritage-style maintenance for original features.
4. The lot is large for the community. What does that mean for me?
A 5,605 sqft lot in Varennes (where the average is under 5,000 sqft) offers excellent outdoor potential for gardening, recreation, or expansion (subject to zoning and permits). It’s a standout feature that provides more privacy and space than typical lots in the area.
5. How does being on St. Mary's Road itself impact the property?
As a main artery, it offers high convenience for access and transit. The trade-off is potentially higher traffic noise compared to a quiet side street. The ranking data compares it to other homes on the same road, so its value proposition is relative to this specific, busier location.
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