942 Merriam Boulevard

Point Road, Winnipeg

Property score

60.7

Fair

Overall 60.7 · Compared with neighbourhood average

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

Transit 92.0 · 3-min walk to transit with 6 nearby routes · Within 500m: 4 dining spots, 2 healthcare facilitys, 2 shops, and 3 parks nearby

Living Area

No data

Compared with neighborhood avg.

Year Built

No data

Compared with neighborhood avg.

Mother tongue

English · 81%Chinese · 2%

At the time of the last annual property tax assessment, this parcel was still vacant land, so we do not have related building information to show yet. A new home may exist by now—if you need accurate details, contact us using the option in the lower-right corner of the page and we will provide timely information.

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

60.7 is composed by the two sections below.

Property Score

47.3Low
Living Area50
Fair
Year Built50
Fair
Lot Size38
3,041 sqftLow
Neighbourhood Sales Activity32
Low

Community Score

80.8Excellent
Household Income82
Excellent
Education Level82
Excellent
Housing Stress63
Fair
Core Housing Need88
Excellent
Employment Health83
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: #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

Tax-Assessed Value

below average
214k
0255075100
Same streetBottom 1%Same areaBottom 1%CitywideBottom 10%
Same street · Merriam Boulevard
#45 / 45
Bottom 1% · Avg 330.3k
Same area · Point Road
#705 / 705
Bottom 1% · Avg 399k
Citywide · Winnipeg
#174,457 / 194,458
Bottom 10% · Avg 390.1k

Year Built

Lot Size

below average
3,041 sqft
0255075100
Same streetBottom 1%Same areaBottom 1%CitywideBottom 13%

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

942 Merriam Boulevard — 13 amenities found within 500 m, across 6 categories, including 4 dining (nearest 301 m), 2 healthcare (nearest 480 m), 2 shopping (nearest 329 m).

Search radius
🍽️Dining4
🏥Healthcare2
🛒Shopping2
🌳Parks3
💪Sports1
🏛️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

942 Merriam Boulevard: 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: 942 Merriam Boulevard, Winnipeg

Property Overview & Key Characteristics

This property at 942 Merriam Boulevard in Winnipeg's Point Road neighbourhood presents a unique opportunity centered on its land value and future potential. The appeal lies less in the existing structure and more in the lot itself—a 3,041 sqft parcel in an established area. With an assessed value significantly lower than nearly all listed comparables on its street and in the city, it stands out as a blank canvas. The data suggests the existing building is likely older or more modest, as it ranks at the very top (newest/biggest) for year built and living area in its comparison groups, which often indicates the benchmarks are low for the area. This combination suits a specific buyer: someone looking for a land play, a builder or developer eyeing a tear-down and rebuild, or a hands-on buyer willing to undertake a major renovation or new construction project. It’s a strategic purchase for those focused on location and potential over immediate move-in condition.

Frequently Asked Questions

1. Why is the assessed value so much lower than nearby homes?
The assessed value is typically based on the property's current state. Given the low value and high land-to-improvement ratio, the assessment likely reflects an older or more modest structure that may require significant investment or replacement.

2. What does ranking in the top 98-100% for year built and living area actually mean?
These rankings compare this property to others in its comparison sets. Ranking at the very top (e.g., 1/45 on the street) means it is considered the newest or largest within that specific data group. This often indicates the surrounding properties used for comparison are of a similar vintage or scale, setting a low benchmark rather than implying this home is notably new or spacious by city-wide standards.

3. What type of development or renovation would be possible here?
With a standard-sized city lot, possibilities could include building a new single-family home, adding a significant addition, or potentially exploring a multi-unit development, subject to all City of Winnipeg zoning bylaws, permits, and lot coverage restrictions. Due diligence is essential.

4. Are the utility services and foundation suitable for a new build?
This is a critical question for any redevelopment plan. Buyers must investigate the condition and capacity of existing water, sewer, and electrical services, as well as the foundation of any current structure, to accurately budget for a tear-down or major renovation.

5. How do the nearby "For Reference" properties, like 930 Merriam assessed at $310k, impact this property's value?
These comparables demonstrate the potential value of updated or newer homes on similar lots in the immediate area. The wide gap between this property's assessed value and those references highlights the value attributed to modernized dwellings and underscores the potential upside—and the required investment—for this property.