Property score
25.8
Below average
Overall 25.8 · Smaller but newer than most nearby homes
520 sqft (bottom 1%) · Built in 1940 (18 yrs newer than avg)
Located in a average-income area with median household income of ~47.6k
Transit 80.0 · 3-min walk to transit with 3 nearby routes · Within 500m: 3 dining spots, 2 schools, 3 healthcare facilitys, and 4 parks nearby
Living Area
Below average
61% smaller than neighborhood avg.
Year Built
Above average
18 yrs newer than neighborhood avg.
Mother tongue
English · 79%French · 2%
Past 10 years North Point Douglas sales snapshot (~80% of all data)
184
255k
$138/sqft
1922
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25.8 is composed by the two sections below.
Property Score
Community Score
North Point Douglas
How to read: Share of sales in each ~$50k price band for “north point douglas” (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: #46110672
$48K
Median household income
$54K
Average household income
41%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.4
P90 / P10 ratio
35%
Single-person households
8%
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
131 Lisgar Avenue — 18 amenities found within 500 m, across 7 categories, including 3 dining (nearest 356 m), 2 education (nearest 246 m), 3 healthcare (nearest 236 m).
North Point Douglas · WPS public data · 2026
Annual incidents
33
2026
vs. city avg
+12%
relative to avg
Year-over-year
▼ -96%
vs. prior year
Primary type
Property
45%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 1% | Bottom 3% | Bottom 1% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview & Key Characteristics
This one-storey home on Lisgar Avenue is a straightforward, no-frills property in North Point Douglas. Its primary appeal lies in its very low price point and the potential of its large, 2,890 sqft lot, which is significantly larger than most in the area. The house itself is compact at 520 sqft and retains its original 1940s character, including an unrenovated basement. There is no garage or pool.
This property would suit a specific type of buyer: an investor looking for a land-hold opportunity, a hands-on renovator seeking an affordable entry point into the market, or someone with a vision to build new on a sizable inner-city lot. Its value is almost entirely in the land. The low assessed value indicates it is not a move-in-ready home, but a project. A thoughtful perspective for a buyer is to consider the long-term trajectory of the North Point Douglas neighbourhood, which has seen incremental reinvestment, making this a potential long-term play rather than a quick flip.
Frequently Asked Questions
1. Why is the assessed value so much lower than nearby properties?
The assessed value is based on the property's current state. The very small, unrenovated living space and the home's age result in a low valuation, with the lot size being the primary asset.
2. Is this a move-in-ready home?
No. The listing notes an unrenovated basement and the overall metrics suggest the home requires significant updates or may even be a candidate for eventual replacement, making it suitable only for those prepared for a major project.
3. What are the real costs beyond the purchase price?
Buyers must budget for immediate repairs, potential systems updates (roof, wiring, plumbing), and bringing the basement up to code. Property taxes will be low initially but will likely increase with any renovation or new construction.
4. How does the lot size compare to others?
The lot is a key feature. At 2,890 sqft, it is in the top 17% on its street and top 15% in the neighbourhood for size, offering rare redevelopment space for the area.
5. What is the neighbourhood like?
North Point Douglas is a historic, inner-city Winnipeg neighbourhood with a mix of long-term residents and ongoing revitalization efforts. It offers proximity to downtown but comes with the typical challenges and opportunities of a core-area community.
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