1018 Waterford Avenue

Beaumont, Winnipeg

Property score

63.3

Fair

Overall 63.3 · Older than most nearby homes

1,049 sqft (bottom 48%) · Built in 1945 (16 yrs older than avg)

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

Transit 92.0 · 4-min walk to transit with 5 nearby routes · Within 500m: 8 dining spots, 2 schools, 4 healthcare facilitys, and 2 shops nearby

Living Area

Near average

5% smaller than neighborhood avg.

Year Built

Below average

16 yrs older 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

63.3 is composed by the two sections below.

Property Score

54.1Fair
Living Area1,049 sqft52Fair
Year Built194530Low
Lot Size9,085 sqft95Excellent
Neighbourhood Sales Activity53Fair

Community Score

77.1Good
Household Income80Excellent
Education Level63Fair
Housing Stress74Good
Core Housing Need88Excellent
Employment Health83Excellent

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
1,049 sqft
0255075100
Same streetBottom 36%Same areaBottom 48%CitywideBottom 33%
Same street · Waterford Avenue
#96 / 149
Bottom 36% · Avg 1,191 sqft
Same area · Beaumont
#469 / 894
Bottom 48% · Avg 1,108 sqft
Citywide · Winnipeg
#130,174 / 194,458
Bottom 33% · Avg 1,342 sqft

Tax-Assessed Value

below average
240k
0255075100
Same streetBottom 1%Same areaBottom 6%CitywideBottom 15%
Same street · Waterford Avenue
#149 / 149
Bottom 1% · Avg 372.8k
Same area · Beaumont
#841 / 894
Bottom 6% · Avg 357.9k
Citywide · Winnipeg
#165,342 / 194,458
Bottom 15% · Avg 390.1k

Year Built

below average
1945
0255075100
Same streetBottom 5%Same areaBottom 14%CitywideBottom 22%

Lot Size

above average
9,085 sqft
0255075100
Same streetTop 13%Same areaTop 6%CitywideTop 8%

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

1018 Waterford Avenue — 23 amenities found within 500 m, across 7 categories, including 8 dining (nearest 151 m), 2 education (nearest 229 m), 4 healthcare (nearest 159 m).

Search radius
🍽️Dining8
🏫Education2
🏥Healthcare4
🛒Shopping2
🌳Parks1
🏦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 1/2025CA$250k–300k
Sold price

Same street

Bottom 10%

Same area

Bottom 33%

City-wide

Bottom 31%
Sold 8/2022CA$200k–250k
Sold price

Same street

Bottom 3%

Same area

Bottom 18%

City-wide

Bottom 20%

Related homes

Highlights & common questions: 1018 Waterford Avenue, Winnipeg

Property Summary: 1018 Waterford Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This one-and-a-half storey home, built in 1945, sits on a notably large lot of over 9,000 sqft in the Beaumont neighbourhood. Its primary appeal lies in its land value and location. The property ranks in the top tier for lot size within its street, neighbourhood, and the wider city, offering a rare amount of private outdoor space for the area. The home itself, with 1,049 sqft of living space and an unrenovated basement, presents as a solid candidate for a live-in renovation or a longer-term value play.

The home would suit two main types of buyers: first, the practical renovator or builder who sees the underlying asset—the large, well-ranked lot—as the key value, with the existing house providing a foundation to update or expand. Second, it suits a value-conscious buyer seeking an established neighbourhood with above-average green space, who is comfortable with a home that requires modernization. A less obvious perspective is its appeal to those looking for stability; the assessed value has remained consistent, and the property’s top-tier rankings for lot size suggest a enduring, intrinsic value that isn't solely dependent on the condition of the structure.

Section 2: Frequently Asked Questions

1. What does the "Top X%" ranking actually mean?
These rankings compare this specific property against all others on the same street, in Beaumont, and across Winnipeg for that metric. For example, being in the "Top 87%" for land area on its street means its lot is larger than 87% of its immediate neighbours, highlighting a key advantage.

2. The home last sold for $240k in 2022, but recently sold for $275k in early 2025. What does this indicate?
This suggests a rising market value over a ~2.5 year period. The increase likely reflects both general market conditions and the recognized value of the substantial lot, even without major renovations to the home itself.

3. Who is this property not ideal for?
It is not ideal for buyers seeking a turn-key, modernized home or those unwilling to take on projects. With no garage and an unrenovated basement, it requires a willingness to invest time and capital for updates.

4. The assessed value is $240k, matching the 2022 sale price but below the 2025 sale. Is this a concern?
Not necessarily. Municipal assessed values for taxation often lag behind current market sales. The recent sale at $275k is a stronger indicator of its current market worth.

5. The year built (1945) ranks poorly, but the lot size ranks excellently. Which is more important?
This depends on your goals. The older building age implies potential maintenance or efficiency considerations. However, the exceptional lot size is a permanent, unchangeable asset that often drives long-term value and appeal more significantly in established neighbourhoods.

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