916 Somerset Avenue

Point Road, Winnipeg

Property score

89.0

Excellent

Overall 89.0 · Larger and newer than most nearby homes

2,500 sqft (top 2%) · Built in 2016 (69 yrs newer than avg)

Located in a above-average income area with median household income of ~79.5k

Transit 100.0 · 2-min walk to transit with 5 nearby routes · Within 500m: 10 dining spots, 2 schools, 5 healthcare facilitys, and 3 shops nearby

Living Area

Above average

91% larger than neighborhood avg.

Year Built

Above average

69 yrs newer than neighborhood avg.

Mother tongue

English · 84%French · 1%

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

89.0 is composed by the two sections below.

Property Score

93.0Excellent
Living Area98
2,500 sqftExcellent
Year Built97
2016Excellent
Lot Size88
7,196 sqftExcellent
Neighbourhood Sales Activity32
Low

Community Score

83.1Excellent
Household Income76
Good
Education Level91
Excellent
Housing Stress93
Excellent
Core Housing Need100
Excellent
Employment Health76
Good

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: #46110442

Community deep dive

$80K

Median household income

$122K

Average household income

12%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.9

P90 / P10 ratio

40%

Single-person households

21%

Families with children

Population, labour & age

Population (2021)441
Labour force participation rate70%
Median age42.8
Avg household size2.1
Unemployment rate7%
Population density2756 / km²

Households & income

Low income (LIM-AT, % pop.)12%
Single-person households40%
Couple families with children21%
Median household income (2020)$80K

Housing

Renter households33%
Condominium dwellings4%
Median dwelling value (owners)$372K

Diversity, education & language

Immigrants (share of pop.)18%
Visible minority19%
Bachelor's or higher (25–64)50%
Mother tongue (1st)English · 84%
Mother tongue (2nd)French · 1%

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

Rankings

Living Area

Elite
2,500 sqft
0255075100
Same streetTop 3%Same areaTop 2%CitywideTop 3%
Same street · Somerset Avenue
#2 / 65
Top 3% · Avg 1,495 sqft
Same area · Point Road
#11 / 705
Top 2% · Avg 1,311 sqft
Citywide · Winnipeg
#5,633 / 194,458
Top 3% · Avg 1,342 sqft

Tax-Assessed Value

Elite
733k
0255075100
Same streetTop 3%Same areaTop 1%CitywideTop 3%
Same street · Somerset Avenue
#2 / 65
Top 3% · Avg 424k
Same area · Point Road
#7 / 705
Top 1% · Avg 399k
Citywide · Winnipeg
#6,196 / 194,458
Top 3% · Avg 390.1k

Year Built

Elite
2016
0255075100
Same streetTop 6%Same areaTop 2%CitywideTop 6%

Lot Size

above average
7,196 sqft
0255075100
Same streetBottom 42%Same areaTop 21%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

916 Somerset Avenue — 27 amenities found within 500 m, across 8 categories, including 10 dining (nearest 173 m), 2 education (nearest 289 m), 5 healthcare (nearest 173 m).

Search radius
🍽️Dining10
🏫Education2
🏥Healthcare5
🛒Shopping3
🌳Parks1
🏦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

916 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

Highlights & common questions: 916 Somerset Avenue, Winnipeg

Property Overview: 916 Somerset Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This two-storey home, built in 2016, offers a compelling blend of modern construction and established neighbourhood charm. Its primary appeal lies in its above-average size and relative newness within its setting. With 2,500 sqft of living space on a 7,196 sqft lot, it ranks in the top 3% for size on its street and top 1% within the wider neighbourhood. The attached garage and unrenovated basement provide practical space and future potential.

The property suits buyers seeking a move-in ready, modern home without sacrificing lot size, a combination sometimes hard to find in newer subdivisions. It’s particularly well-matched for growing families or professionals who value space and a home that won’t require major immediate updates. A thoughtful perspective is its positioning: it offers newer infrastructure and efficiency compared to many neighbouring homes, while its assessed value suggests it sits in a desirable tier for the area, potentially offering a balance between investment and comfort.

Section 2: Frequently Asked Questions

1. What is the significance of the property’s rankings?
The rankings (e.g., top 1% in the neighbourhood for living area) are comparative metrics. They highlight that this home is larger, newer, and has a higher assessed value than the vast majority of homes in its immediate and surrounding areas, indicating a premium position within the local market.

2. The basement is noted as “not renovated.” What does this mean?
This indicates the basement is finished to a basic, functional level but may lack high-end finishes or customizations. It presents usable space as-is, but also offers a blank canvas for future renovation to suit a buyer’s specific tastes and needs.

3. How does this home compare to others on the street?
The data shows it is one of the newest (top 6%), largest (top 3%), and highest-assessed (top 3%) homes on Somerset Avenue. This suggests it is a standout property on the street in terms of scale and modern build.

4. What can nearby property listings tell me about the area?
The provided comparisons show a mix of much older, smaller homes and a few very new, larger ones. This indicates a neighbourhood in transition or with varied housing stock, where this property sits at the newer and more substantial end of the spectrum.

5. Is the assessed value the same as the market value?
No. The municipal assessed value ($73.30k) is for taxation purposes and is typically lower than current market value. It is a useful benchmark for comparing properties against each other, as seen in the “similar assessed value” list, but the final sale price is determined by the market.