Property score
60.8
Fair
Overall 60.8 · Smaller but newer than most nearby homes
937 sqft (bottom 25%) · Built in 2019 (58 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, 3 healthcare facilitys, and 2 shops nearby
Living Area
Below average
15% smaller than neighborhood avg.
Year Built
Above average
58 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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60.8 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
1016 Southwood Avenue — 25 amenities found within 500 m, across 7 categories, including 8 dining (nearest 163 m), 4 education (nearest 301 m), 3 healthcare (nearest 180 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 13% | Top 11% | Top 21% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 28% | Top 26% | Top 37% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This 2019-built bi-level home at 1016 Southwood Avenue presents a modern, low-maintenance living option in Winnipeg's Beaumont neighbourhood. Its key appeal lies in being a relatively new construction, which typically means fewer immediate repairs and modern building standards. The home features a renovated basement, adding valuable finished living space to the 937 sqft main floor plan.
The property suits first-time buyers or downsizers seeking a turnkey home without the concerns of an older structure. Its compact lot (2,485 sqft) and lack of a garage suggest a focus on simplicity and outdoor upkeep that is manageable. A less obvious advantage is its position among mostly older homes on the street; as one of the newest houses in the area (top 4% on its street), it may stand out for those prioritizing modern amenities over established character. The sold price history shows significant appreciation from its 2019 sale, indicating a strong purchase in a desirable area.
Frequently Asked Questions
1. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or rooms. A buyer should inquire about the basement's layout, ceiling height, permits, and whether it includes a bedroom, bathroom, or legal secondary suite.
2. Is street parking readily available?
With no garage and no mention of a driveway, parking is likely limited to street parking. Prospective buyers should visit at different times to assess parking availability on the street.
3. How does the assessed value compare to the likely asking price?
The assessed value is listed at $43,400k, but the home last sold for $460k in 2021. In Manitoba, assessed value is for municipal tax purposes and is typically much lower than market value. The market price will be based on recent comparable sales, not the assessment.
4. What are the annual property taxes?
With an assessed value of $43,400k, you can calculate an estimate by applying the Winnipeg municipal tax rate. However, for an exact figure, contact the listing agent or the City of Winnipeg with the specific roll number.
5. The home is newer, but are there any known issues or builder warranties?
Built in 2019, it may still be within the timeframe of some original builder warranties (e.g., on major components). A pre-purchase home inspection is still highly recommended to identify any issues that may have arisen in the first seven years.
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