Property score
55.1
Fair
Overall 55.1 · Smaller but newer than most nearby homes
884 sqft (bottom 19%) · Built in 1971 (10 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: 7 dining spots, 3 schools, 3 healthcare facilitys, and 2 shops nearby
Living Area
Below average
20% smaller than neighborhood avg.
Year Built
Above average
10 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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55.1 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
1023 Southwood Avenue — 24 amenities found within 500 m, across 7 categories, including 7 dining (nearest 177 m), 3 education (nearest 247 m), 3 healthcare (nearest 191 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 31% | Top 26% | Top 38% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 1023 Southwood Avenue
Key Characteristics & Appeal
This is a well-situated, one-storey home in Beaumont, built in 1971 on a generous, nearly 4,000 sqft lot. Its primary appeal lies in a combination of space, location, and recent investment. The renovated basement adds valuable living area to the 884 sqft main floor, creating a practical layout. The detached garage offers flexibility for parking, storage, or workshop space.
The home’s standout feature is its strong positional metrics within a mature neighbourhood. It ranks in the top tiers for lot size, living area, and assessed value relative to its immediate street and surrounding area, suggesting it occupies a desirable spot in the community. It last sold in late 2023, indicating a recent market valuation.
This property would suit first-time buyers or downsizers seeking a manageable single-level layout with room to grow or host family in the finished basement. It’s also a sensible choice for a value-oriented buyer who prioritizes a larger lot in an established area over a newer home, and who appreciates that recent renovations (the basement) and a recent sale provide some modern comfort and clear market context.
Frequently Asked Questions
1. What does the ranking data actually mean?
The rankings compare this property against specific groups (its street, neighbourhood, and all of Winnipeg) for metrics like lot size. For example, ranking in the "Top 13%" for lot size on its street means 87% of homes on Southwood Avenue have smaller lots. It’s a useful tool for understanding how this home stacks up in key areas.
2. The home sold recently in 2023. What should I consider?
A sale just over a year ago provides a very current benchmark for its market value. It’s important to understand what changes, if any, have been made since that sale, and to consider current market conditions which may differ from late 2023.
3. How does the assessed value relate to the likely selling price?
The municipal assessed value ($33.9k) is for taxation purposes and is typically far below market value. The 2023 sale price of $380k is the relevant figure for understanding its recent market worth.
4. Is the living space sufficient for a small family?
With 884 sqft on the main floor plus a renovated basement, the total usable space is quite flexible. A small family could make good use of it, especially with the basement providing a potential playroom, guest space, or home office. The large lot is a significant asset for outdoor space.
5. What are the less obvious pros and cons of a home from this era?
Homes from the early 1970s often feature solid construction and simpler, more modifiable layouts. However, prospective buyers should be mindful of the age of major systems (like plumbing, electrical, and the roof) which may be nearing or past their typical lifespan, even if the basement itself has been recently updated.
