961 Waterford Avenue

Point Road, Winnipeg

Property score

58.4

Fair

Overall 58.4 · Smaller but newer than most nearby homes

978 sqft (bottom 25%) · Built in 1952 (5 yrs newer than avg)

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

Transit 92.0 · 2-min walk to transit with 5 nearby routes · Within 500m: 10 dining spots, 2 schools, 5 healthcare facilitys, and 2 shops nearby

Living Area

Below average

25% smaller than neighborhood avg.

Year Built

Above average

5 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

58.4 is composed by the two sections below.

Property Score

42.0Low
Living Area42
978 sqftLow
Year Built36
1952Low
Lot Size53
4,466 sqftFair
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

below average
978 sqft
0255075100
Same streetBottom 19%Same areaBottom 25%CitywideBottom 24%
Same street · Waterford Avenue
#121 / 149
Bottom 19% · Avg 1,191 sqft
Same area · Point Road
#527 / 705
Bottom 25% · Avg 1,311 sqft
Citywide · Winnipeg
#148,457 / 194,458
Bottom 24% · Avg 1,342 sqft

Tax-Assessed Value

around average
370k
0255075100
Same streetBottom 45%Same areaBottom 43%CitywideTop 47%
Same street · Waterford Avenue
#82 / 149
Bottom 45% · Avg 372.8k
Same area · Point Road
#404 / 705
Bottom 43% · Avg 399k
Citywide · Winnipeg
#91,333 / 194,458
Top 47% · Avg 390.1k

Year Built

above average
1952
0255075100
Same streetTop 42%Same areaTop 15%CitywideBottom 30%

Lot Size

around average
4,466 sqft
0255075100
Same streetBottom 5%Same areaBottom 8%CitywideBottom 33%

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

961 Waterford Avenue — 27 amenities found within 500 m, across 8 categories, including 10 dining (nearest 199 m), 2 education (nearest 177 m), 5 healthcare (nearest 131 m).

Search radius
🍽️Dining10
🏫Education2
🏥Healthcare5
🛒Shopping2
🌳Parks1
🏦Finance4
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

Sold 8/2019CA$300k–350k
Sold price

Same street

Bottom 45%

Same area

Bottom 44%

City-wide

Bottom 48%

Related homes

Highlights & common questions: 961 Waterford Avenue, Winnipeg

Property Overview: 961 Waterford Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This home presents a practical entry point into Winnipeg’s Point Road neighborhood. Built in 1952, its key characteristic is efficiency: at 978 sqft, the living space is compact and below the area average, situated on a modest 4,466 sqft lot. This positions it as a financially accessible option, with an assessed value of $370k that aligns closely with local averages.

Its primary appeal lies in value and location. For the price, buyers gain a foothold in an established neighborhood where homes are typically larger and more expensive. The lot, while smaller than many on the street, offers manageable outdoor space with lower maintenance demands. This property would suit first-time buyers, downsizers, or pragmatic investors seeking a lower-barrier entry into the market without overextending. It’s a home for those who prioritize location and financial sensibility over sheer size, viewing the smaller footprint as an opportunity for efficient living or a strategic starting point.

A less obvious perspective is its relative modernity within the context of Point Road; built in 1952, it is newer than many neighborhood homes (ranking in the top 15% locally for year built), suggesting potentially fewer concerns related to very old infrastructure.

Section 2: Frequently Asked Questions

1. Is the living space too small?
At 978 sqft, the home is notably cozier than the neighborhood average. It requires efficient use of space and would suit individuals, couples, or small families comfortable with a more compact layout.

2. How does the assessed value compare to recent sales?
The home last sold between $300k-$350k in August 2019. Its current $370k assessment is in line with area averages, but verifying exact recent sale prices for comparable homes is recommended for a precise market valuation.

3. What are the implications of the smaller lot size?
The lot is significantly smaller than most on Waterford Avenue. This means less yard maintenance and lower potential landscaping costs, but also limited space for expansions, large gardens, or extensive outdoor recreation.

4. Is the property a good investment for the area?
Its value ranks around the middle for the street and neighborhood, suggesting it’s priced consistently with its peers. Its appeal as an investment would hinge on its condition and the potential to add value within its smaller footprint, given the generally desirable location.

5. How can I get precise historical sale data for this property?
The provided sold price is an estimated range. For fully verified figures and a complete transaction history, you must request a manual lookup from the site via email, as they do not display MLS records directly.