71.6
Good
Property score
71.6
Good
Overall 71.6
Larger and newer than most nearby homes
1,367 sqft (top 13%)
Built in 2021 (70 yrs newer than avg)
Located in a above-average income area
with median household income of ~79k
Transit 74.0
4-min walk to transit with 2 nearby routes
Within 500m: 8 dining spots, 1 school, 2 healthcare facilitys, and 3 shops nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Above average
37% larger than neighborhood avg.
Year Built
Above average
70 yrs newer than neighborhood avg.
Mother tongue
English · 63%French · 7%
Past 10 years Varennes sales snapshot (~80% of all data)
171
455.5k
$420/sqft
1951
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71.6 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: #46110611
$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
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
75 Fermor Avenue — 24 amenities found within 500 m, across 8 categories, including 8 dining (nearest 176 m), 1 education (nearest 492 m), 2 healthcare (nearest 118 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%
Local garbage, recycling, and yard waste pickup schedule for 75 Fermor Avenue.
Garbage
tuesday
Recycling
tuesday
Yard Waste
tuesday a
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 7% | Top 13% | Top 28% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 75 Fermor Avenue
Key Characteristics & Appeal
This 2021-built home offers modern living in the Varennes neighborhood. Its primary appeal lies in its combination of recent construction and above-average interior space relative to its immediate area. With 1,367 sqft of living area, the home is notably larger than most on its street and in the wider neighborhood, providing a sense of spaciousness that isn't always found in newer builds. The assessed value of $407k is also consistently above local averages, suggesting quality finishes and a strong position within the community.
The property is ideally suited for buyers seeking a modern, low-maintenance home without sacrificing interior room. It’s a strong match for professionals, small families, or downsizers who prioritize a newer building envelope (minimizing immediate repair concerns) and contemporary layout over a large yard. A thoughtful perspective: while the lot size is smaller than area norms, this translates to less outdoor upkeep, aligning perfectly with a lock-and-leave or low-maintenance lifestyle. The data indicates you are buying a premium, modern interior on a efficiently sized parcel, making it a smart choice for those who value their indoor living space most.
Frequently Asked Questions
Q: How does the smaller lot size impact the property?
A: The land area is more compact than many in Winnipeg. This means less yard maintenance and gardening, which many modern buyers see as a benefit. It’s important to assess if the outdoor space meets your needs for privacy, recreation, or gardening.
Q: The home is newer than most in the city. What does that mean for me?
A: A 2021 build offers major advantages: modern building codes, energy efficiency, and likely fewer major repairs (like roof or furnace replacement) for many years. It also means the design and finishes will be contemporary.
Q: Is the assessed value a good indicator of the market price?
A: The assessed value is for municipal tax purposes and is typically based on past market data. While it shows the home is valued above its local peers, a current market appraisal or comparative market analysis (CMA) from a real estate professional is necessary to determine today's listing or sale price.
Q: The home ranks "around average" city-wide for size and value. What does that signify?
A: This indicates the property is a very typical Winnipeg home in terms of scale and municipal valuation when compared to the entire city. Its standout features are its newness and its strong performance within the more specific, desirable context of its own street and neighborhood.
Q: Who might this property not suit?
A: It may not be ideal for buyers who desire extensive outdoor space for large gardens, multiple play structures, or significant privacy from neighbors. Those looking for a historic character home or a large, traditional lot would likely want to consider other options.
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