75 Fermor Avenue

Varennes, Winnipeg

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

3-min walk to transit with 2 nearby routes

Within 500m: 7 dining spots, 1 school, 2 healthcare facilitys, and 3 shops nearby

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)

Sold Count

171

Median price

455.5k

$/sqft

$420/sqft

Avg build year

1951

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Property score

71.6 is composed by the two sections below.

Property Score

69.7Good
Living Area1,367 sqft71Good
Year Built2021100Excellent
Lot Size2,587 sqft28Low
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
1,367 sqft
0255075100
Same streetTop 14%Same areaTop 13%CitywideTop 37%
Same street · Fermor Avenue
#5 / 37
Top 14% · Avg 1,029 sqft
Same area · Varennes
#57 / 426
Top 13% · Avg 997 sqft
Citywide · Winnipeg
#72,753 / 194,458
Top 37% · Avg 1,342 sqft

Tax-Assessed Value

above average
408k
0255075100
Same streetTop 19%Same areaTop 15%CitywideTop 36%
Same street · Fermor Avenue
#7 / 37
Top 19% · Avg 333.6k
Same area · Varennes
#63 / 426
Top 15% · Avg 318.6k
Citywide · Winnipeg
#70,801 / 194,458
Top 36% · Avg 390.1k

Year Built

Elite
2021
0255075100
Same streetTop 8%Same areaTop 6%CitywideTop 2%

Lot Size

around average
2,587 sqft
0255075100
Same streetBottom 30%Same areaBottom 5%CitywideBottom 6%

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

75 Fermor Avenue — 23 amenities found within 500 m, across 8 categories, including 7 dining (nearest 170 m), 1 education (nearest 496 m), 2 healthcare (nearest 113 m).

Search radius
🍽️Dining7
🏫Education1
🏥Healthcare2
🛒Shopping3
🌳Parks2
🏦Finance2
Fuel Stations3
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 75 Fermor Avenue.

🗑️

Garbage

tuesday

♻️

Recycling

tuesday

🍂

Yard Waste

tuesday a

Sales History

Sold 1/2022CA$400k–450k
Sold price

Same street

Top 14%

Same area

Top 16%

City-wide

Top 32%

Related homes

Highlights & common questions: 75 Fermor Avenue, Winnipeg

Property Overview: 75 Fermor Avenue, Varennes, Winnipeg

Section 1: Key Characteristics & Appeal

This property is a modern, above-average-sized home in a well-established neighbourhood. Built in 2021, it is a notably newer construction compared to most homes on its street and across Winnipeg, placing it in the top 2% of the city for age. With 1,367 sqft of living space, it offers more room than the typical home in both its immediate area and on Fermor Avenue itself, ranking in the top 13-14% locally.

Its primary appeal lies in this combination of modern build quality and generous interior space, requiring less immediate upkeep than older homes. The tax-assessed value of $408,000 is consistently higher than local averages, reflecting its premium standing in the Varennes community.

However, the lot size of 2,587 sqft is more compact than most in the area. This suits buyers who prefer lower-maintenance outdoor space but is a consideration for those wanting extensive gardens or large outdoor amenities. This home is ideally suited for professionals, small families, or downsizers seeking a modern, move-in-ready property in a mature neighbourhood without the concerns of an aging structure. It represents a balance of new-home benefits within an established community setting.


Section 2: Frequently Asked Questions

1. How does the modern build (2021) impact living costs?
A newer home like this typically means greater energy efficiency, modern building materials, and updated systems (plumbing, electrical, HVAC), which can lead to lower utility bills and reduced risk of major near-term repair expenses compared to older homes in the area.

2. The lot is smaller than neighbourhood averages. What does this mean practically?
It translates to less yard maintenance, which can be a significant time and cost savings. It may limit the potential for additions like a large deck, pool, or detached garage. The focus here is on the interior living space and the modern home itself.

3. The tax assessment is higher than local averages. Will my property taxes be much higher?
Likely, yes. The tax-assessed value is a key municipal input for calculating your property tax bill. While not the sole factor, an assessment that ranks in the top 15% for the community suggests your taxes will be proportionally higher than many neighbouring properties.

4. What do the ranking percentiles actually tell me?
They show how this property compares to similar ones in different geographic circles. For example, being in the top 6% for age in Varennes confirms it’s one of the newest homes around. Being in the 37th percentile for size city-wide means it’s close to the Winnipeg average, but it feels larger locally because homes in Varennes are typically more compact.

5. Is this a good option if I value privacy and space between neighbours?
Given the smaller lot size ranking, this property likely has less lateral space between houses than is typical for the wider community. If a high degree of outdoor privacy or expansive side yards is a priority, this specific lot configuration may not be the best fit.

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