63 Regal Avenue

Varennes, Winnipeg

64.9

Fair

Overall 64.9

Newer than most nearby homes

1,080 sqft (top 31%)

Built in 2011 (60 yrs newer than avg)

Located in a above-average income area

with median household income of ~71.5k

Transit 74.0

3-min walk to transit with 2 nearby routes

Within 500m: 7 dining spots, 1 school, 3 healthcare facilitys, and 3 shops nearby

Living Area

Near average

8% larger than neighborhood avg.

Year Built

Above average

60 yrs newer than neighborhood avg.

Mother tongue

English · 70%French · 7%

Past 10 years Varennes sales snapshot (~80% of all data)

Sold Count

171

Median price

455.5k

$/sqft

$420/sqft

Avg build year

1951

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Property score

64.9 is composed by the two sections below.

Property Score

58.6Fair
Living Area1,080 sqft52Fair
Year Built201194Excellent
Lot Size3,386 sqft38Low
Neighbourhood Sales Activity59Fair

Community Score

74.4Good
Household Income72Good
Education Level72Good
Housing Stress74Good
Core Housing Need76Good
Employment Health90Excellent

Neighbourhood Sales

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110613

Community deep dive

$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

Population, labour & age

Population (2021)522
Labour force participation rate81%
Median age36.4
Avg household size2.3
Unemployment rate6%
Population density2900 / km²

Households & income

Low income (LIM-AT, % pop.)14%
Single-person households30%
Couple families with children19%
Median household income (2020)$72K

Housing

Renter households32%
Condominium dwellings0%
Median dwelling value (owners)$276K

Diversity, education & language

Immigrants (share of pop.)14%
Visible minority20%
Bachelor's or higher (25–64)38%
Mother tongue (1st)English · 70%
Mother tongue (2nd)French · 6%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

around average
1,080 sqft
0255075100
Same streetTop 35%Same areaTop 31%CitywideBottom 37%
Same street · Regal Avenue
#34 / 96
Top 35% · Avg 1,029 sqft
Same area · Varennes
#134 / 426
Top 31% · Avg 997 sqft
Citywide · Winnipeg
#121,563 / 194,458
Bottom 37% · Avg 1,342 sqft

Tax-Assessed Value

above average
350k
0255075100
Same streetTop 28%Same areaTop 21%CitywideBottom 46%
Same street · Regal Avenue
#27 / 96
Top 28% · Avg 334.6k
Same area · Varennes
#89 / 426
Top 21% · Avg 318.6k
Citywide · Winnipeg
#104,540 / 194,458
Bottom 46% · Avg 390.1k

Year Built

above average
2011
0255075100
Same streetTop 16%Same areaTop 15%CitywideTop 10%

Lot Size

below average
3,386 sqft
0255075100
Same streetBottom 15%Same areaBottom 11%CitywideBottom 18%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

63 Regal Avenue — 20 amenities found within 500 m, across 7 categories, including 7 dining (nearest 169 m), 1 education (nearest 194 m), 3 healthcare (nearest 193 m).

Search radius
🍽️Dining7
🏫Education1
🏥Healthcare3
🛒Shopping3
🏦Finance1
Fuel Stations2
Worship3

Crime & Safety

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%

Waste Collection Schedule

Local garbage, recycling, and yard waste pickup schedule for 63 Regal Avenue.

🗑️

Garbage

tuesday

♻️

Recycling

tuesday

🍂

Yard Waste

tuesday a

Sales History

Sold 5/2023CA$350k–400k
Sold price

Same street

Top 22%

Same area

Top 17%

City-wide

Top 34%
Sold 8/2022CA$400k–450k
Sold price

Same street

Top 19%

Same area

Top 16%

City-wide

Top 32%

Related homes

Highlights & common questions: 63 Regal Avenue, Winnipeg

Property Summary: 63 Regal Avenue, Varennes, Winnipeg

Key Characteristics & Buyer Appeal

This 2011-built home at 63 Regal Avenue presents a compelling, modern option within its established Winnipeg neighborhood. Its primary appeal lies in its contemporary construction, offering a significant advantage over the majority of area homes. With a living area of 1,080 sqft, the property provides functional space that is very much in line with the local averages for both its street and the wider Varennes area, making it a comfortable and proportional fit for the community.

The home’s assessed value of $350k positions it above average for both Regal Avenue and the Varennes neighborhood, reflecting its newer build status and perceived value. A key consideration is the lot size of 3,386 sqft, which is notably more compact than most comparable properties on the street and in the city. This translates to lower maintenance demands for the yard, which can be a practical benefit for many.

This property would best suit buyers seeking a modern, move-in-ready home without the premium often associated with brand-new subdivisions. It’s ideal for first-time homeowners, small families, or downsizers who prioritize a newer building envelope (with likely updated systems and efficiency) over a large, sprawling yard. It represents a smart, grounded choice for someone wanting a contemporary living space within a mature neighborhood setting.


Frequently Asked Questions

Q: How does the 2011 build year compare to nearby homes?
A: Exceptionally well. It ranks in the top 16% on its street and top 10% citywide for year built, meaning it is significantly newer than over 90% of comparable Winnipeg homes. This suggests modern construction standards, materials, and systems.

Q: The lot size is noted as "below average." Is this a major drawback?
A: It depends on your lifestyle. The smaller lot requires less yard work and upkeep, which is a plus for those seeking low-maintenance living. However, it may offer less privacy or space for extensive gardening, decks, or play structures compared to neighbors.

Q: Why is the assessed value above the neighborhood average if the lot is smaller?
A: The assessed value reflects the entire property package. The significant premium of a 2011 build year—with its associated roof, windows, HVAC, and insulation—often outweighs the value of additional land in an older area, resulting in a higher overall valuation.

Q: What does the "around average" living area ranking mean for daily life?
A: It indicates the home’s size is typical and proportional for Varennes. You’re getting the expected amount of interior space for the neighborhood, which generally supports good resale value and functionality without being excessive.

Q: Is this home a good value within the city of Winnipeg?
A: The data suggests it offers a balanced proposition citywide. While its assessed value is near the city average, you are acquiring a much newer home than the typical Winnipeg property, which often comes with savings on near-term repairs and updates.

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