68 Kingswood Avenue

Varennes, Winnipeg

Property score

55.7

Fair

Overall 55.7 · Newer than most nearby homes

988 sqft (top 43%) · Built in 1951

Located in a above-average income area with median household income of ~79k

Transit 74.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 7 dining spots, 1 school, 2 healthcare facilitys, and 3 shops nearby

Living Area

Near average

1% 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)

Sold Count

171

Median price

455.5k

$/sqft

$420/sqft

Avg build year

1951

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Property score

55.7 is composed by the two sections below.

Property Score

43.3Low
Living Area988 sqft42Low
Year Built195136Low
Lot Size4,494 sqft53Fair
Neighbourhood Sales Activity59Fair

Community Score

74.4Good
Household Income76Good
Education Level44Low
Housing Stress100Excellent
Core Housing Need100Excellent
Employment Health76Good

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: #46110611

Community deep dive

$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

Population, labour & age

Population (2021)445
Labour force participation rate71%
Median age36.0
Avg household size2.5
Unemployment rate10%
Population density2781 / km²

Households & income

Low income (LIM-AT, % pop.)14%
Single-person households27%
Couple families with children22%
Median household income (2020)$79K

Housing

Renter households16%
Condominium dwellings0%
Median dwelling value (owners)$276K

Diversity, education & language

Immigrants (share of pop.)26%
Visible minority20%
Bachelor's or higher (25–64)22%
Mother tongue (1st)English · 62%
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

above average
988 sqft
0255075100
Same streetTop 28%Same areaTop 43%CitywideBottom 25%
Same street · Kingswood Avenue
#15 / 54
Top 28% · Avg 917 sqft
Same area · Varennes
#183 / 426
Top 43% · Avg 997 sqft
Citywide · Winnipeg
#145,831 / 194,458
Bottom 25% · Avg 1,342 sqft

Tax-Assessed Value

above average
327k
0255075100
Same streetTop 22%Same areaTop 26%CitywideBottom 38%
Same street · Kingswood Avenue
#12 / 54
Top 22% · Avg 297.7k
Same area · Varennes
#109 / 426
Top 26% · Avg 318.6k
Citywide · Winnipeg
#120,689 / 194,458
Bottom 38% · Avg 390.1k

Year Built

above average
1951
0255075100
Same streetTop 15%Same areaTop 27%CitywideBottom 29%

Lot Size

around average
4,494 sqft
0255075100
Same streetBottom 2%Same areaBottom 26%CitywideBottom 34%

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

68 Kingswood Avenue — 22 amenities found within 500 m, across 8 categories, including 7 dining (nearest 253 m), 1 education (nearest 419 m), 2 healthcare (nearest 218 m).

Search radius
🍽️Dining7
🏫Education1
🏥Healthcare2
🛒Shopping3
🌳Parks2
🏦Finance2
Fuel Stations3
Worship2

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%

Sales History

Sold 1/2020CA$250k–300k
Sold price

Same street

Bottom 42%

Same area

Top 47%

City-wide

Bottom 31%

Related homes

Highlights & common questions: 68 Kingswood Avenue, Winnipeg

Property Summary: 68 Kingswood Avenue, Winnipeg

Key Characteristics & Appeal

This 1951-built home in Varennes presents a solid, value-oriented opportunity. Its primary appeal lies in its strong standing within its immediate community. With a 988 sqft living area and a $327k assessed value, it ranks above average for both metrics on its street and in the neighborhood. This suggests a well-maintained property that compares favorably to its closest peers. The lot size (4,494 sqft) is smaller than others on Kingswood Avenue, which may appeal to buyers seeking lower outdoor maintenance without sacrificing a decent yard space.

The property suits practical buyers looking for a move-in-ready home in an established area without a premium citywide price tag. It’s particularly well-matched for first-time homeowners or downsizers who prioritize neighborhood value over maximum square footage. A thoughtful perspective is that while the home is below the city average in size and lot, its above-average assessment on its street indicates it is likely seen as a quality asset in its specific micro-market—offering a sense of relative security and pride of place without the burden of being the most expensive house on the block.

Frequently Asked Questions

1. Is the house smaller than most in Winnipeg?
Yes. With 988 sqft of living area, it is below the Winnipeg average. However, it is actually above the average size for both its street and the broader Varennes neighborhood, meaning it feels more spacious in its local context.

2. What does the assessed value tell us?
The $327k assessment is above average for Kingswood Avenue and the Varennes area, but around average citywide. This typically indicates a well-regarded property in its immediate setting that isn’t overvalued compared to the entire city.

3. Is the lot size a drawback?
The lot is smaller than most on the street. This could mean less yard for gardening or play, but also translates to less maintenance, which many buyers see as a benefit.

4. How does the 1951 build year compare?
The home is older than the Winnipeg average but is actually newer than many on its street and average for the neighborhood. This suggests an established, mature streetscape with homes of a similar vintage.

5. Who would this property suit best?
It’s an excellent fit for buyers seeking a established community feel where the property itself is a strong performer relative to its direct neighbors. It’s for those who value practical living space and lot maintenance over maximizing sheer size.

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