Property score
50.9
Fair
Overall 50.9 · Smaller than most nearby homes
747 sqft (bottom 8%) · Built in 1956 (5 yrs older 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
33% smaller than neighborhood avg.
Year Built
Below average
5 yrs older 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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50.9 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
1018 Southwood Avenue — 26 amenities found within 500 m, across 7 categories, including 8 dining (nearest 173 m), 4 education (nearest 294 m), 3 healthcare (nearest 190 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 | Bottom 15% | Bottom 29% | Bottom 28% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 1018 Southwood Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated one-storey home in Beaumont sits on a generous, nearly 5,000 sqft lot, offering more outdoor space than most properties on its street and in the wider neighbourhood. Its key appeal lies in this desirable land-to-building ratio, providing room for gardens, play, or expansion. The home itself is modest in size at 747 sqft, but features a renovated basement, adding valuable functional living space. A detached garage completes the practical offering.
The property suits first-time buyers or downsizers looking for a solid, low-maintenance footprint in an established area, with the potential to customize the main floor over time. Its strong lot size is a long-term asset in a city where land is at a premium. A thoughtful perspective for buyers is the home’s assessed value stability; it ranks consistently above average for its immediate area, suggesting it’s viewed as a solid asset within its peer group. The 2019 sale price was notably close to the current assessed value, indicating a history of realistic valuation rather than speculative pricing.
Section 2: Frequently Asked Questions
1. Is the living space too small?
At 747 sqft, the main floor is compact. However, the renovated basement significantly expands the usable living area, making the overall footprint more practical for daily life.
2. How does the age of the home (1956) affect it?
While the home is 70 years old, the renovated basement indicates updates have been made. Buyers should budget for ongoing maintenance typical of a vintage home and consider an inspection focused on major systems and the foundation.
3. What is the significance of the lot size?
The lot is a standout feature, larger than 85% of those on the street. This provides rare outdoor space for the area and is often the most valuable, irreplaceable aspect of an older property.
4. How does the assessed value compare to likely selling price?
The assessed value is a municipal tax tool, not a market appraisal. Notably, the last sold price in 2019 was close to today’s assessment, but the current market will ultimately determine value. Recent sales of comparable homes are the best guide.
5. What is the neighbourhood like for investment or living?
Beaumont is an established, mature neighbourhood. The property ranks in the top third for assessed value within the area, suggesting it’s in a relatively stable and desirable section. It offers a classic Winnipeg community feel with the convenience of older, central neighbourhoods.
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