818 Southwood Avenue

Point Road, Winnipeg

Property score

81.6

Excellent

Overall 81.6 · Larger and newer than most nearby homes

2,304 sqft (top 3%) · Built in 1952 (5 yrs newer than avg)

Located in a high-income area with median household income of ~105k

Transit 76.0 · 5-min walk to transit with 4 nearby routes · Within 500m: 8 dining spots, 2 schools, 5 healthcare facilitys, and 1 shop nearby

Living Area

Above average

76% larger than neighborhood avg.

Year Built

Above average

5 yrs newer than neighborhood avg.

Mother tongue

English · 82%Punjabi · 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

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Property score

81.6 is composed by the two sections below.

Property Score

77.5Good
Living Area96
2,304 sqftExcellent
Year Built36
1952Low
Lot Size74
5,880 sqftGood
Neighbourhood Sales Activity32
Low

Community Score

87.8Excellent
Household Income87
Excellent
Education Level91
Excellent
Housing Stress83
Excellent
Core Housing Need88
Excellent
Employment Health90
Excellent

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: #46110440

Community deep dive

$105K

Median household income

$109K

Average household income

10%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.9

P90 / P10 ratio

27%

Single-person households

32%

Families with children

Population, labour & age

Population (2021)471
Labour force participation rate74%
Median age42.4
Avg household size2.4
Unemployment rate3%
Population density1624 / km²

Households & income

Low income (LIM-AT, % pop.)10%
Single-person households27%
Couple families with children32%
Median household income (2020)$105K

Housing

Renter households17%
Condominium dwellings0%
Median dwelling value (owners)$348K

Diversity, education & language

Immigrants (share of pop.)6%
Visible minority15%
Bachelor's or higher (25–64)51%
Mother tongue (1st)English · 81%
Mother tongue (2nd)Punjabi · 2%

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

Rankings

Living Area

Elite
2,304 sqft
0255075100
Same streetTop 1%Same areaTop 3%CitywideTop 5%
Same street · Southwood Avenue
#1 / 91
Top 1% · Avg 1,212 sqft
Same area · Point Road
#20 / 705
Top 3% · Avg 1,311 sqft
Citywide · Winnipeg
#9,482 / 194,458
Top 5% · Avg 1,342 sqft

Tax-Assessed Value

above average
499k
0255075100
Same streetTop 10%Same areaTop 10%CitywideTop 20%
Same street · Southwood Avenue
#9 / 91
Top 10% · Avg 384.2k
Same area · Point Road
#68 / 705
Top 10% · Avg 399k
Citywide · Winnipeg
#38,748 / 194,458
Top 20% · Avg 390.1k

Year Built

above average
1952
0255075100
Same streetTop 35%Same areaTop 15%CitywideBottom 30%

Lot Size

above average
5,880 sqft
0255075100
Same streetTop 18%Same areaTop 37%CitywideTop 35%

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

818 Southwood Avenue — 24 amenities found within 500 m, across 8 categories, including 8 dining (nearest 368 m), 2 education (nearest 269 m), 5 healthcare (nearest 336 m).

Search radius
🍽️Dining8
🏫Education2
🏥Healthcare5
🛒Shopping1
🌳Parks2
🏦Finance3
Worship2
🏛️Government1

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

818 Southwood 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

Highlights & common questions: 818 Southwood Avenue, Winnipeg

Property Overview

This two-storey home on a large lot in Winnipeg's Point Road neighbourhood presents a compelling blend of space, location, and value. Built in 1952, its key appeal lies in its generous proportions. With over 2,300 square feet of living space, it ranks in the top 1% of homes on its street for size, offering rare interior volume for the area. The 5,880 sqft lot provides ample outdoor space and ranks in the top 18% of the street. A renovated basement adds functional living area. While the home itself is older, its assessed value sits in the top 10% of the street, suggesting it is well-maintained and positioned in a desirable pocket of the neighbourhood.

Its appeal is for the practical buyer who prioritizes space and location over new construction. It would suit a growing family needing room to spread out, a multi-generational household benefiting from the renovated lower level, or a value-conscious buyer looking for a home with "good bones" in an established area. The property offers a chance to own one of the largest homes on the block, with the lot size and interior space providing a solid foundation for both immediate living and future modernization.


Frequently Asked Questions

Q: How does the age of the home factor into its value?
A: While built in 1952, the home's above-average assessed value and renovated basement indicate updates have been made. The value is likely driven more by its large lot and substantial square footage—features harder to find in newer builds at this price point.

Q: What does the "rank" data actually tell me?
A: The percentile rankings compare this property directly to its immediate neighbours, the wider area, and all of Winnipeg. For example, ranking in the top 1% for living area on its street underscores that this is an unusually spacious home for this specific block, not just in general.

Q: There's no garage. How significant is that?
A: This is a trade-off common for older, established neighbourhoods. The large lot may offer potential for adding a garage or carport, subject to local bylaws. Buyers should weigh the ample indoor and yard space against the lack of dedicated vehicle storage.

Q: The assessed value seems low relative to the size. Why?
A: Municipal assessed value for taxation purposes is often lower than market value and is based on a mass appraisal system. Its high ranking (top 10% on the street) shows it's valued above most neighbours. The market price will be influenced by current condition, finishes, and market demand.

Q: What can nearby "similar assessed value" properties tell me?
A: This list shows homes with an identical tax assessment across Winnipeg. It highlights that for the same tax valuation, you could be in a different neighbourhood or style of home. It reinforces that this property's value proposition is specifically its space and location within Point Road.