1003 Southwood Avenue

Beaumont, Winnipeg

Property score

70.4

Good

Overall 70.4 · Newer than most nearby homes

1,044 sqft (bottom 45%) · Built in 2017 (56 yrs newer than avg)

Located in a high-income area with median household income of ~89k

Transit 86.0 · 4-min walk to transit with 4 nearby routes · Within 500m: 8 dining spots, 4 schools, 4 healthcare facilitys, and 2 shops nearby

Living Area

Near average

6% smaller than neighborhood avg.

Year Built

Above average

56 yrs newer than neighborhood avg.

Mother tongue

English · 67%Punjabi · 7%

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

Sold Count

363

Median price

464k

$/sqft

$381/sqft

Avg build year

1961

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Property score

70.4 is composed by the two sections below.

Property Score

66.0Good
Living Area52
1,044 sqftFair
Year Built97
2017Excellent
Lot Size85
6,700 sqftExcellent
Neighbourhood Sales Activity53
Fair

Community Score

77.1Good
Household Income80
Excellent
Education Level63
Fair
Housing Stress74
Good
Core Housing Need88
Excellent
Employment Health83
Excellent

Neighbourhood Sales

Beaumont

How to read: Share of sales in each ~$50k price band for “beaumont” (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: #46110432

Community deep dive

$89K

Median household income

$100K

Average household income

7%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.8

P90 / P10 ratio

26%

Single-person households

24%

Families with children

Population, labour & age

Population (2021)580
Labour force participation rate72%
Median age38.4
Avg household size2.6
Unemployment rate6%
Population density1812 / km²

Households & income

Low income (LIM-AT, % pop.)7%
Single-person households26%
Couple families with children24%
Median household income (2020)$89K

Housing

Renter households25%
Condominium dwellings0%
Median dwelling value (owners)$324K

Diversity, education & language

Immigrants (share of pop.)20%
Visible minority30%
Bachelor's or higher (25–64)33%
Mother tongue (1st)English · 67%
Mother tongue (2nd)Punjabi · 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
1,044 sqft
0255075100
Same streetBottom 38%Same areaBottom 45%CitywideBottom 32%
Same street · Southwood Avenue
#56 / 91
Bottom 38% · Avg 1,212 sqft
Same area · Beaumont
#488 / 894
Bottom 45% · Avg 1,108 sqft
Citywide · Winnipeg
#131,413 / 194,458
Bottom 32% · Avg 1,342 sqft

Tax-Assessed Value

above average
405k
0255075100
Same streetTop 36%Same areaTop 20%CitywideTop 37%
Same street · Southwood Avenue
#33 / 91
Top 36% · Avg 384.2k
Same area · Beaumont
#175 / 894
Top 20% · Avg 357.9k
Citywide · Winnipeg
#72,157 / 194,458
Top 37% · Avg 390.1k

Year Built

Elite
2017
0255075100
Same streetTop 9%Same areaTop 7%CitywideTop 5%

Lot Size

above average
6,700 sqft
0255075100
Same streetTop 14%Same areaTop 22%CitywideTop 20%

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

1003 Southwood Avenue — 26 amenities found within 500 m, across 7 categories, including 8 dining (nearest 82 m), 4 education (nearest 308 m), 4 healthcare (nearest 98 m).

Search radius
🍽️Dining8
🏫Education4
🏥Healthcare4
🛒Shopping2
🌳Parks2
🏦Finance4
Worship2

Crime & Safety

Beaumont · WPS public data · 2026

Annual incidents

7

2026

vs. city avg

-76%

relative to avg

Year-over-year

-95%

vs. prior year

Primary type

Property

43%

Sales History

Sold 1/2021CA$350k–400k
Sold price

Same street

Top 26%

Same area

Top 24%

City-wide

Top 37%

Related homes

Highlights & common questions: 1003 Southwood Avenue, Winnipeg

Property Overview: 1003 Southwood Avenue, Winnipeg

Key Characteristics & Appeal

This 2017-built bi-level home in Beaumont offers modern living in a well-established neighbourhood. Its primary appeal lies in being a relatively new construction (just 9 years old), which ranks in the top 10% for age on its street and top 7% in the neighbourhood, suggesting lower immediate maintenance and updated building standards. The home sits on a generous 6,700 sqft lot, providing ample outdoor space that ranks highly for size in the area. A key feature is the renovated basement, adding valuable finished living space to the 1,044 sqft main footprint.

The property suits first-time buyers or downsizers seeking a move-in ready, low-maintenance home without sacrificing yard space. Its strong rankings for lot size and building age in a mature area offer a balanced proposition: newer home comforts within a settled community. The assessed value has held steady, indicating stable market perception. A thoughtful perspective is that while the living area is modest, the renovated basement and large lot provide flexible space for expansion, hobbies, or gardening, which is often harder to find in newer subdivisions.

Frequently Asked Questions

1. How does the "bi-level" design affect daily living?
A bi-level typically features split entry stairs, with living areas on one level and sleeping areas on another half-level. This can offer good separation of space but involves frequent stair use, which is an important layout consideration.

2. What does the "renovated basement" likely include?
While specifics require viewing, in a home of this age, a renovated basement often means it is finished as a legal living space, potentially adding bedrooms, a family room, or a secondary suite, significantly increasing usable square footage.

3. There's no garage; what are the parking options?
The property listing indicates no garage. Buyers should investigate driveway space or the potential to add a parking structure, as on-street parking regulations can vary.

4. The home sold in early 2021; what does that recent sale history indicate?
The sale price of $38.6k in 2021 is close to the current assessed value of $40.5k, suggesting the market value has remained relatively stable over the past few years, which can be appealing for price-conscious buyers.

5. The lot is large, but how does the living area compare to nearby homes?
At 1,044 sqft, the living area is moderately sized compared to immediate neighbours. The appeal here is the trade-off: a newer home on a larger lot, rather than maximum interior square footage. The renovated basement effectively supplements this space.