Property score
81.4
Excellent
Overall 81.4 · Smaller but newer than most nearby homes
1,500 sqft (bottom 21%) · Built in 2024 (3 yrs newer than avg)
Located in a high-income area with median household income of ~103k
Transit 62.0 · 4-min walk to transit with 1 nearby route
Living Area
Below average
16% smaller than neighborhood avg.
Year Built
Above average
3 yrs newer than neighborhood avg.
Mother tongue
English · 40%Chinese · 21%
Past 10 years South Pointe West sales snapshot (~80% of all data)
707
580.2k
$342/sqft
2021
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81.4 is composed by the two sections below.
Property Score
Community Score
South Pointe West
How to read: Share of sales in each ~$50k price band for “south pointe west” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.
Sales-to-New-Listings
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
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.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111257
$103K
Median household income
$120K
Average household income
14%
Low income (LIM-AT)
0.3
Income inequality (Gini)
4.4
P90 / P10 ratio
13%
Single-person households
44%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
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.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 50% | Top 29% | Top 8% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview & Key Characteristics
This 2024-built, one-storey home in South Pointe West is a modern property with a practical layout. Its key appeal lies in being a nearly new construction, requiring minimal immediate upkeep, situated on a generous 4,722 sqft lot. The home features an attached garage and an unfinished basement, offering a blank canvas for future expansion.
The property suits first-time buyers or downsizers seeking a modern, low-maintenance living space without the concerns of an older home. Its single-level design is ideal for accessibility. The large lot is a significant asset in a newer neighbourhood, providing ample outdoor space for gardening, recreation, or future additions like a deck or patio—a feature that becomes increasingly valuable as the area matures and trees grow. While the living area is comfortable, the unrenovated basement presents a clear opportunity to increase the home’s functional space and value according to an owner's taste and budget.
Frequently Asked Questions
1. What does the "Top X%" ranking for the lot size mean?
The lot size of 4,722 sqft ranks in the top 55% on its street and top 46% in the wider neighbourhood. This means the lot is larger than over half of the properties nearby, which is a relative strength in newer subdivisions where lot sizes can vary.
2. The assessed value seems low compared to the recent sale price. Why?
The municipal assessed value of $50,500 is for taxation purposes and often lags behind the current market. The home sold for $58,900 in May 2024, which is a more accurate reflection of its recent market value.
3. Is the unfinished basement a drawback?
Not necessarily. For some, it’s an advantage. It means you avoid paying a premium for someone else’s basement finish and can customize the space to your exact needs, whether for storage, a home gym, or future bedrooms. Just factor in the potential cost to finish it.
4. How does this home compare to others in the area?
The home is newer than 99% of properties in the neighbourhood. While its living space is above average for the street, it is slightly below the neighbourhood median. Its value proposition is its newness and lot size rather than having the largest interior square footage.
5. What are the immediate next steps for a new owner?
Beyond personal decor changes, the primary project would be planning for the basement development. It’s also wise to investigate any remaining new-home warranties from the builder and to consider landscaping plans to make full use of the sizable lot.
