Property score
75.5
Good
Overall 75.5 · Larger and newer than most nearby homes
1,520 sqft (top 24%) · Built in 1951 (4 yrs newer than avg)
Located in a high-income area with median household income of ~105k
Transit 76.0 · 6-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
16% larger than neighborhood avg.
Year Built
Above average
4 yrs newer than neighborhood avg.
Mother tongue
English · 82%Punjabi · 2%
Past 10 years Point Road sales snapshot (~80% of all data)
224
482.5k
$360/sqft
1947
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75.5 is composed by the two sections below.
Property Score
Community Score
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.
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: #46110440
$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
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
840 Southwood Avenue — 26 amenities found within 500 m, across 8 categories, including 8 dining (nearest 277 m), 2 education (nearest 346 m), 5 healthcare (nearest 271 m).
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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 36% | Top 37% | Top 41% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 840 Southwood Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This 1,520 sqft home on Southwood Avenue in Point Road presents a solid, above-average offering in several key metrics. Built in 1951, it sits on a 5,880 sqft lot, providing generous outdoor space that ranks well above the street average. Its primary appeal lies in its strong value proposition within its immediate context: both the living area and the $458k assessed value rank in the top 20% for Southwood Avenue itself, suggesting it stands out positively among its closest neighbors. This indicates a property that is likely well-maintained and proportionally valued for the street.
The home would suit practical buyers looking for established character and space in a mature neighborhood. It’s ideal for someone who values a larger-than-average lot on the street and appreciates a home that performs strongly in its micro-market, even if it’s slightly older than the citywide average. A thoughtful perspective is that this property may offer a "sweet spot"—it carries the stability and lot size of an older home while its above-average rankings suggest updates or conditions that have kept it competitive with newer builds in the area.
Section 2: Frequently Asked Questions
1. How does this home’s size compare to others nearby?
At 1,520 sqft, the living area is notably larger than the average home on Southwood Avenue (1,212 sqft) and in the broader Point Road neighborhood (1,311 sqft).
2. Is the assessed value high for the area?
The $458k assessment is above average for the street ($384.2k avg) and the neighborhood ($399k avg), placing it in the top 16% of Point Road. This typically reflects the property’s condition, size, and market position.
3. The home was built in 1951. Is that older than most in Winnipeg?
Yes, it is older than the average Winnipeg home (built ~1966). However, it is actually slightly newer than the average for the Point Road neighborhood (~1947), so it fits the character of this specific area.
4. What was the last sold price?
Public records indicate it sold between $350k-$400k in October 2016. For verified, exact historical sale figures, you can request a manual lookup via email from the site.
5. How does the lot size compare?
The 5,880 sqft lot is above average for Southwood Avenue, providing more outdoor space than most direct neighbors. It is close to the average for the wider Point Road area.
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