731 Somerset Avenue

Point Road, Winnipeg

Property score

66.9

Good

Overall 66.9 · Older than most nearby homes

1,204 sqft (bottom 46%) · Built in 1917 (30 yrs older than avg)

Located in a high-income area with median household income of ~93k

Transit 92.0 · 5-min walk to transit with 5 nearby routes · Within 500m: 1 dining spot, 1 school, 2 parks, and 2 place of worships nearby

Living Area

Near average

8% smaller than neighborhood avg.

Year Built

Below average

30 yrs older than neighborhood avg.

Mother tongue

English · 81%Chinese · 2%

Past 10 years Point Road sales snapshot (~80% of all data)

Sold Count

224

Median price

482.5k

$/sqft

$360/sqft

Avg build year

1947

Need help understanding this property?

Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.

Usually replies in a few minutes

Property score

66.9 is composed by the two sections below.

Property Score

57.6Fair
Living Area1,204 sqft66Good
Year Built191716Low
Lot Size7,150 sqft88Excellent
Neighbourhood Sales Activity32Low

Community Score

80.8Excellent
Household Income82Excellent
Education Level82Excellent
Housing Stress63Fair
Core Housing Need88Excellent
Employment Health83Excellent

Neighbourhood Sales

Point Road

How to read: Share of sales in each ~$50k price band for “point road” (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: #46110444

Community deep dive

$93K

Median household income

$121K

Average household income

8%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.8

P90 / P10 ratio

30%

Single-person households

20%

Families with children

Population, labour & age

Population (2021)551
Labour force participation rate70%
Median age41.6
Avg household size2.2
Unemployment rate5%
Population density903 / km²

Households & income

Low income (LIM-AT, % pop.)8%
Single-person households30%
Couple families with children20%
Median household income (2020)$93K

Housing

Renter households18%
Condominium dwellings16%
Median dwelling value (owners)$380K

Diversity, education & language

Immigrants (share of pop.)10%
Visible minority12%
Bachelor's or higher (25–64)45%
Mother tongue (1st)English · 80%
Mother tongue (2nd)Chinese · 1%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

around average
1,204 sqft
0255075100
Same streetBottom 28%Same areaBottom 46%CitywideTop 50%
Same street · Somerset Avenue
#47 / 65
Bottom 28% · Avg 1,495 sqft
Same area · Point Road
#378 / 705
Bottom 46% · Avg 1,311 sqft
Citywide · Winnipeg
#96,569 / 194,458
Top 50% · Avg 1,342 sqft

Tax-Assessed Value

around average
336k
0255075100
Same streetBottom 20%Same areaBottom 16%CitywideBottom 41%
Same street · Somerset Avenue
#52 / 65
Bottom 20% · Avg 424k
Same area · Point Road
#592 / 705
Bottom 16% · Avg 399k
Citywide · Winnipeg
#114,442 / 194,458
Bottom 41% · Avg 390.1k

Year Built

below average
1917
0255075100
Same streetBottom 3%Same areaBottom 3%CitywideBottom 12%

Lot Size

above average
7,150 sqft
0255075100
Same streetBottom 38%Same areaTop 22%CitywideTop 16%

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

731 Somerset Avenue — 6 amenities found within 500 m, across 4 categories, including 1 dining (nearest 497 m), 1 education (nearest 327 m), 2 parks (nearest 256 m).

Search radius
🍽️Dining1
🏫Education1
🌳Parks2
Worship2

Crime & Safety

Point Road · WPS public data · 2026

Annual incidents

4

2026

vs. city avg

-86%

relative to avg

Year-over-year

-95%

vs. prior year

Primary type

Property

100%

Sales History

731 Somerset Avenue: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.

Related homes

Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.