Property score
64.4
Fair
Overall 64.4 · Newer than most nearby homes
1,042 sqft (bottom 45%) · Built in 2018 (57 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
57 yrs newer than neighborhood avg.
Mother tongue
English · 67%Punjabi · 7%
Past 10 years Beaumont sales snapshot (~80% of all data)
363
464k
$381/sqft
1961
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64.4 is composed by the two sections below.
Property Score
Community Score
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.
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: #46110432
$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
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
1005 Southwood Avenue — 26 amenities found within 500 m, across 7 categories, including 8 dining (nearest 97 m), 4 education (nearest 306 m), 4 healthcare (nearest 112 m).
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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 18% | Top 14% | Top 25% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 44% | Top 35% | Top 45% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 1005 Southwood Avenue, Winnipeg
Key Characteristics & Appeal
This 2018-built bi-level home on a generous lot offers modern efficiency in a well-established Beaumont neighbourhood. Its primary appeal lies in being a relatively new construction (only 8 years old) within a mature area, providing a balance of contemporary living without the premium of a brand-new subdivision. The home features a renovated basement, adding valuable finished space to the 1,042 sqft living area.
The property stands out for its land size, with a lot ranking in the top 8% on its street and the top 1% within the broader neighbourhood, offering ample outdoor potential. Recent sale history shows strong appreciation, with the 2024 sale price significantly above its 2021 purchase price and current assessed value. This home would suit first-time buyers or downsizers seeking a low-maintenance, modern home on a sizable lot, as well as value-oriented buyers who recognize the advantage of a newer build in an older, stable area where land is at a premium. The lack of a garage may be a trade-off for the lot size and newer build, positioning it for buyers who prioritize outdoor space or see potential for future addition.
Frequently Asked Questions
1. How does the property’s value compare to the area?
The home recently sold for well above its city-assessed value, which is common for newer homes in high-demand neighbourhoods. Its last sale price placed it in the top 20-30% for recent sales on its street and in Winnipeg, indicating a strong market perception.
2. What does the "renovated basement" include?
The listing confirms the basement is finished but does not specify the details. This would be a key point to clarify with the seller or listing agent regarding the scope, quality, and permitted status of the renovations.
3. Is the lack of a garage a significant concern?
This depends on buyer needs. The large lot (2,486 sqft) offers potential for adding a garage or carport, subject to local bylaws. For some, the trade-off for a newer home on a large lot outweighs the immediate lack of covered parking.
4. How does this 2018 build compare to neighbouring homes?
This home is notably newer than most in the area, as evidenced by its "top 93%" ranking for year built on its street. This typically means advantages like modern building codes, materials, and systems, but it may have a different architectural character than its older neighbours.
5. What is the neighbourhood character like?
Beaumont is an established neighbourhood. The nearby reference property on Waterford Avenue was built in 1948, indicating a mix of eras. The high land rank suggests lots are generally smaller in the area, making this property's lot size a relative standout for its newer vintage.
