938 Somerset Avenue

Point Road, Winnipeg

Property score

79.1

Good

Overall 79.1 · Larger but older than most nearby homes

2,240 sqft (top 4%) · Built in 1929 (18 yrs older than avg)

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

Transit 92.0 · 3-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

71% larger than neighborhood avg.

Year Built

Below average

18 yrs older 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

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

79.1 is composed by the two sections below.

Property Score

76.4Good
Living Area96
2,240 sqftExcellent
Year Built20
1929Low
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
2,240 sqft
0255075100
Same streetTop 11%Same areaTop 4%CitywideTop 6%
Same street · Somerset Avenue
#7 / 65
Top 11% · Avg 1,495 sqft
Same area · Point Road
#25 / 705
Top 4% · Avg 1,311 sqft
Citywide · Winnipeg
#11,399 / 194,458
Top 6% · Avg 1,342 sqft

Tax-Assessed Value

above average
425k
0255075100
Same streetTop 35%Same areaTop 25%CitywideTop 33%
Same street · Somerset Avenue
#23 / 65
Top 35% · Avg 424k
Same area · Point Road
#174 / 705
Top 25% · Avg 399k
Citywide · Winnipeg
#63,965 / 194,458
Top 33% · Avg 390.1k

Year Built

around average
1929
0255075100
Same streetTop 43%Same areaBottom 22%CitywideBottom 17%

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

938 Somerset Avenue — 26 amenities found within 500 m, across 8 categories, including 10 dining (nearest 95 m), 2 education (nearest 191 m), 5 healthcare (nearest 90 m).

Search radius
🍽️Dining10
🏫Education2
🏥Healthcare5
🛒Shopping3
🌳Parks1
🏦Finance3
Worship1
🏛️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

938 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