5924 Southboine Drive

Southboine, Winnipeg

Property score

72.5

Good

Overall 72.5 · Smaller than most nearby homes

1,422 sqft (bottom 23%) · Built in 1972 (3 yrs older than avg)

Located in a above-average income area with median household income of ~79k

Transit 68.0 · 5-min walk to transit with 2 nearby routes · Within 500m: 4 parks nearby

Living Area

Below average

28% smaller than neighborhood avg.

Taon ng Paggawa

Below average

3 yrs older than neighborhood avg.

Mother tongue

English · 85%French · 1%

Past 10 years Southboine sales snapshot (~80% of all data)

Sold Count

71

Median price

1.18M

$/sqft

$362/sqft

Avg build year

1975

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Property score

72.5 is composed by the two sections below.

Property Score

73.8Good
Living Area75
1,422 sqftGood
Taon ng Paggawa58
1972Fair
Lupa97
11,079 sqftExcellent
Neighbourhood Sales Activity53
Fair

Community Score

70.5Good
Household Income76
Good
Education Level72
Good
Housing Stress63
Fair
Core Housing Need76
Good
Employment Health42
Low

Istatistika ng benta ng komunidad

Southboine

How to read: Share of sales in each ~$50k price band for “southboine” (Detached na bahay (hindi 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: #46111099

Community deep dive

$79K

Median household income

$116K

Average household income

16%

Low income (LIM-AT)

0.4

Income inequality (Gini)

5.3

P90 / P10 ratio

33%

Single-person households

16%

Families with children

Population, labour & age

Population (2021)1,349
Labour force participation rate53%
Median age55.6
Avg household size2.2
Unemployment rate12%
Population density2645 / km²

Households & income

Low income (LIM-AT, % pop.)16%
Single-person households33%
Couple families with children16%
Median household income (2020)$79K

Housing

Renter households53%
Condominium dwellings7%
Median dwelling value (owners)$552K

Diversity, education & language

Immigrants (share of pop.)12%
Visible minority6%
Bachelor's or higher (25–64)35%
Mother tongue (1st)English · 85%
Mother tongue (2nd)French · 1%

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

Mga ranggo

Living Area

karaniwan
1,422 sqft
0255075100
Same streetBottom 2%Same areaBottom 23%CitywideTop 35%
Same street · Southboine Drive
#46 / 47
Bottom 2% · Avg 2,467 sqft
Same area · Southboine
#201 / 260
Bottom 23% · Avg 1,969 sqft
Citywide · Winnipeg
#67,125 / 194,458
Top 35% · Avg 1,342 sqft

Assessed Value

lampas sa average
525k
0255075100
Same streetBottom 9%Same areaBottom 42%CitywideTop 16%
Same street · Southboine Drive
#43 / 47
Bottom 9% · Avg 823.4k
Same area · Southboine
#150 / 260
Bottom 42% · Avg 592.8k
Citywide · Winnipeg
#31,120 / 194,458
Top 16% · Avg 390.1k

Taon ng Paggawa

karaniwan
1972
0255075100
Same streetBottom 36%Same areaBottom 35%CitywideTop 45%

Lupa

Elite
11,079 sqft
0255075100
Same streetBottom 26%Same areaTop 48%CitywideTop 5%

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

Mga malapit na hinto, ruta at transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

5924 Southboine Drive — 4 amenities found within 500 m, across 1 categories, including 4 parks (nearest 63 m).

Search radius
🌳Parks4

Crime & Safety

Southboine · WPS public data · 2026

Annual incidents

3

2026

vs. city avg

-90%

relative to avg

Year-over-year

-90%

vs. prior year

Primary type

Property

67%

Kasaysayan ng Benta

5924 Southboine Drive: Wala kaming ipinapakitang kasaysayan ng bentahan batay lamang sa pampublikong datos; hindi ibig sabihin na walang bentahan noon. Puwede pa ring humiling sa email sa seksyong “Data notes” sa ibaba—hahanapin namin nang manu-mano at sasagutin nang may pinakamakatotohanang impormasyon.

Related homes

Mga tampok at karaniwang tanong: 5924 Southboine Drive, Winnipeg

Property Overview

This 1972 bi-level home at 5924 Southboine Drive offers a distinct blend of space, privacy, and established character. Its primary appeal lies in its exceptionally large, approximately 11,080 sqft lot, which places it in the top 5% of all properties in Winnipeg for land size. This provides rare potential for gardening, expansion, or simply enjoying generous outdoor space. The home itself features 1,422 sqft of living space with a finished basement, catering to practical needs for room to grow or host. A split garage adds convenience.

Its value is further underscored by a municipal assessment significantly higher than most in its immediate area, suggesting solid underlying value. The property suits buyers prioritizing land over a large interior footprint, looking for a project home with good bones in a mature neighborhood. It’s ideal for those who value privacy and outdoor potential, from growing families wanting space for kids and pets to downsizers seeking a manageable home with a premium garden oasis. A thoughtful perspective is recognizing that while the home’s interior size is modest for the street, the colossal lot offers a unique canvas that is increasingly rare, making it a long-term investment in lifestyle and land value.


Frequently Asked Questions

1. What does the ranking data actually tell me?
The rankings compare this property against others on its street, in the neighborhood, and across Winnipeg. Key takeaways: it has a top-tier lot size city-wide (95th percentile), but the house itself is older and smaller than many on its specific street. This highlights the trade-off: premium land with a home that may require updates.

2. Is a bi-level layout suitable for all lifestyles?
Bi-levels feature split entryways and living spaces spread over two main levels. They are efficient and can feel spacious, but involve short staircases between common areas and bedrooms. This layout suits many but may be less ideal for those requiring single-level living.

3. The assessment is high for the area. What does that mean?
A municipal assessment of $525,000, ranking in the top 14% city-wide, indicates the city’s valuation of the property is strong, often influenced by the large lot. This can be a positive indicator of value, but the final market price is determined by buyer demand.

4. What are the implications of such a large lot?
Beyond privacy and space, a lot of this size (over a quarter-acre) may involve higher maintenance, potential for subdivision (subject to zoning), and possibly higher property taxes relative to houses with standard lots. It's a major asset that also comes with responsibility.

5. The home was built in 1972. What should I consider?
Homes from this era may have original components like windows, roofing, or electrical systems nearing the end of their lifespan. A thorough inspection is crucial. On the positive side, construction from this period is often robust, and the mature neighborhood is fully established with trees and amenities.