984 Southwood Avenue

Point Road, Winnipeg

Property score

63.2

Fair

Overall 63.2 · Smaller but newer than most nearby homes

936 sqft (bottom 20%) · Built in 1952 (5 yrs newer than avg)

Located in a high-income area with median household income of ~105k

Transit 86.0 · 3-min walk to transit with 4 nearby routes · Within 500m: 9 dining spots, 4 schools, 5 healthcare facilitys, and 2 shops nearby

Living Area

Below average

29% smaller than neighborhood avg.

Year Built

Above average

5 yrs newer than neighborhood avg.

Mother tongue

English · 82%Punjabi · 2%

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

63.2 is composed by the two sections below.

Property Score

46.8Low
Living Area936 sqft42Low
Year Built195236Low
Lot Size6,577 sqft85Excellent
Neighbourhood Sales Activity32Low

Community Score

87.8Excellent
Household Income87Excellent
Education Level91Excellent
Housing Stress83Excellent
Core Housing Need88Excellent
Employment Health90Excellent

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: #46110440

Community deep dive

$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

Population, labour & age

Population (2021)471
Labour force participation rate74%
Median age42.4
Avg household size2.4
Unemployment rate3%
Population density1624 / km²

Households & income

Low income (LIM-AT, % pop.)10%
Single-person households27%
Couple families with children32%
Median household income (2020)$105K

Housing

Renter households17%
Condominium dwellings0%
Median dwelling value (owners)$348K

Diversity, education & language

Immigrants (share of pop.)6%
Visible minority15%
Bachelor's or higher (25–64)51%
Mother tongue (1st)English · 81%
Mother tongue (2nd)Punjabi · 2%

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

Rankings

Living Area

below average
936 sqft
0255075100
Same streetBottom 20%Same areaBottom 20%CitywideBottom 20%
Same street · Southwood Avenue
#73 / 91
Bottom 20% · Avg 1,212 sqft
Same area · Point Road
#562 / 705
Bottom 20% · Avg 1,311 sqft
Citywide · Winnipeg
#155,439 / 194,458
Bottom 20% · Avg 1,342 sqft

Tax-Assessed Value

around average
393k
0255075100
Same streetBottom 48%Same areaTop 40%CitywideTop 40%
Same street · Southwood Avenue
#47 / 91
Bottom 48% · Avg 384.2k
Same area · Point Road
#282 / 705
Top 40% · Avg 399k
Citywide · Winnipeg
#78,073 / 194,458
Top 40% · Avg 390.1k

Year Built

above average
1952
0255075100
Same streetTop 35%Same areaTop 15%CitywideBottom 30%

Lot Size

above average
6,577 sqft
0255075100
Same streetTop 15%Same areaTop 30%CitywideTop 22%

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

984 Southwood Avenue — 27 amenities found within 500 m, across 8 categories, including 9 dining (nearest 43 m), 4 education (nearest 296 m), 5 healthcare (nearest 39 m).

Search radius
🍽️Dining9
🏫Education4
🏥Healthcare5
🛒Shopping2
🌳Parks1
🏦Finance4
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

Sold 5/2019CA$300k–350k
Sold price

Same street

Bottom 41%

Same area

Bottom 42%

City-wide

Bottom 47%

Related homes

Highlights & common questions: 984 Southwood Avenue, Winnipeg

Property Overview: 984 Southwood Avenue, Winnipeg

Key Characteristics & Appeal

This home presents a classic Winnipeg profile with distinct practical advantages. Built in 1952, it sits on a notably generous 6,577 sqft lot, which ranks well above the street and area averages. This is the property's standout feature, offering significant outdoor space and potential. The living area (936 sqft) is modest, ranking below average for the street and city, suggesting a home focused on essentials or one with expansion potential on its sizable lot. Its assessed value of $393k is consistently "around average" at every comparison level, indicating a stable, market-aligned valuation.

The appeal lies in this balance: a competitively priced, average-valued home on a larger-than-average parcel of land. It suits a first-time buyer or downsizer comfortable with a cozier interior footprint who prioritizes yard space for gardening, pets, or future projects. It also appeals to the value-conscious buyer seeking a solid entry into the Point Road neighborhood without a premium price tag, where the land itself represents a tangible long-term asset. A thoughtful perspective is that while the house may be modest, its above-average lot size in a mature neighborhood offers a rarity that new subdivisions often lack.


Frequently Asked Questions

1. Is the house smaller than others in the area?
Yes. At 936 sqft, the living area is below the average for Southwood Avenue, the Point Road neighborhood, and Winnipeg overall.

2. What is the most significant positive feature of this property?
The land size. At 6,577 sqft, the lot is substantially larger than most on its street and above the neighborhood and city averages, offering more outdoor space and potential.

3. How does the assessed value compare to nearby homes?
The $393k assessment is very typical. It ranks almost exactly in the middle on its own street and is consistently around the average value for the wider area and city.

4. When did it last sell, and for how much?
It sold in May 2019. For precise sold prices, you must request the data via email from the site, as they provide ranges publicly ($300k-$350k for this sale) and exact figures upon request.

5. Is the year built a concern?
Built in 1952, it is older than the average on its street but newer than the average for the Point Road neighborhood. As with any home of this age, the condition of major systems (roof, wiring, plumbing) and any updates would be key considerations.

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