120 Mulberry Creek Drive

South Pointe West, Winnipeg

Property score

64.9

Fair

Overall 64.9 · Compared with neighbourhood average

Located in a high-income area with median household income of ~103k

Transit 70.0 · 2-min walk to transit with 1 nearby route

Living Area

No data

Compared with neighborhood avg.

Year Built

No data

Compared with neighborhood avg.

Mother tongue

English · 40%Chinese · 21%

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 South Pointe West sales snapshot (~80% of all data)

Sold Count

707

Median price

580.2k

$/sqft

$342/sqft

Avg build year

2021

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Property score

64.9 is composed by the two sections below.

Property Score

53.2Fair
Living Area50
Fair
Year Built50
Fair
Lot Size60
4,519 sqftFair
Neighbourhood Sales Activity83
Excellent

Community Score

82.5Excellent
Household Income86
Excellent
Education Level91
Excellent
Housing Stress42
Low
Core Housing Need88
Excellent
Employment Health83
Excellent

Neighbourhood Sales

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.

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: #46111257

Community deep dive

$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

Population, labour & age

Population (2021)11,365
Labour force participation rate77%
Median age30.4
Avg household size3.1
Unemployment rate8%
Population density1696 / km²

Households & income

Low income (LIM-AT, % pop.)14%
Single-person households13%
Couple families with children44%
Median household income (2020)$103K

Housing

Renter households21%
Condominium dwellings14%
Median dwelling value (owners)$500K

Diversity, education & language

Immigrants (share of pop.)47%
Visible minority69%
Bachelor's or higher (25–64)58%
Mother tongue (1st)English · 39%
Mother tongue (2nd)Chinese · 20%

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
133k
0255075100
Same streetBottom 1%Same areaBottom 1%CitywideBottom 2%
Same street · Mulberry Creek Drive
#48 / 47
Bottom 1% · Avg 540.7k
Same area · South Pointe West
#1,291 / 1,290
Bottom 1% · Avg 514.4k
Citywide · Winnipeg
#190,832 / 194,458
Bottom 2% · Avg 390.1k

Year Built

Lot Size

around average
4,519 sqft
0255075100
Same streetTop 43%Same areaBottom 39%CitywideBottom 35%

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

Search radius
No data within 500 m.

Sales History

120 Mulberry Creek Drive: 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: 120 Mulberry Creek Drive, Winnipeg

Property Overview & Key Characteristics

120 Mulberry Creek Drive presents a unique opportunity in Winnipeg's South Pointe West neighbourhood. Its primary appeal lies in its land, with a lot size that ranks in the top half of its own street. The property stands out for its exceptionally low assessed value compared to nearby homes, which are newer and have significantly higher valuations. This creates a clear value proposition centered on the land itself in a desirable area.

This property would suit a specific type of buyer: someone looking for a land play, whether to build a new home tailored to their needs or as a longer-term investment in a growing neighbourhood. It’s also a potential fit for buyers comfortable with a project, as the existing structure may be older or more modest compared to the newer, larger homes surrounding it. The appeal is less about move-in readiness and more about future potential and location.

Frequently Asked Questions

1. Why is the assessed value so much lower than nearby properties?
The assessed value is based on the existing property characteristics. Nearby listings are almost exclusively brand-new homes built between 2021-2024, while this home is older. The value is likely rooted in the land and the existing structure, not comparable to recently built homes.

2. What does the ranking data (e.g., "Top 57% in same street") actually mean?
These rankings compare this property against others on the same street, in the neighbourhood, and city-wide. For example, "Top 57% in same street" for land area means the lot is larger than 57% of others on Mulberry Creek Drive. It's a quick way to see how specific features compare locally.

3. Is this a new construction lot or an existing home?
The data indicates an existing home, as there is a provided assessed value and it is listed among comparable properties. The "Year Built" field is blank, suggesting it is not newly built, especially when contrasted directly with the many 2021-2024 builds shown nearby.

4. Who would this property be most suitable for?
It's best suited for buyers interested in the land value of South Pointe West, potentially to build new, or for investors. It is less suitable for buyers seeking a turn-key home comparable to the modern properties currently for sale in the immediate area.

5. How useful are the "Similar Assessed Value" comparisons?
They show properties with an identical municipal assessed value, but they are in different neighbourhoods (like Betsworth or Vialoux). This is helpful for understanding tax valuation but less so for market value, as location drives demand. Your true comparisons are the newer homes on Mulberry Creek Drive.