987 Mcleod Avenue

Springfield South, Winnipeg

Property score

80.8

Excellent

Overall 80.8 · Larger than most nearby homes

1,895 sqft (top 4%) · Built in 1978 (3 yrs older than avg)

Located in a high-income area with median household income of ~98k

Transit 94.0 · 1-min walk to transit with 4 nearby routes · Within 500m: 1 dining spot, 1 school, and 4 parks nearby

Living Area

Above average

52% larger than neighborhood avg.

Year Built

Near average

3 yrs older than neighborhood avg.

Mother tongue

English · 71%Punjabi · 9%

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

Sold Count

144

Median price

410k

$/sqft

$315/sqft

Avg build year

1981

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Property score

80.8 is composed by the two sections below.

Property Score

81.1Excellent
Living Area89
1,895 sqftExcellent
Year Built67
1978Good
Lot Size88
7,148 sqftExcellent
Neighbourhood Sales Activity23
Low

Community Score

80.4Excellent
Household Income84
Excellent
Education Level54
Fair
Housing Stress93
Excellent
Core Housing Need100
Excellent
Employment Health83
Excellent

Neighbourhood Sales

Springfield South

How to read: Share of sales in each ~$50k price band for “springfield south” (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: #46110781

Community deep dive

$98K

Median household income

$115K

Average household income

4%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.8

P90 / P10 ratio

14%

Single-person households

34%

Families with children

Population, labour & age

Population (2021)637
Labour force participation rate70%
Median age43.6
Avg household size2.7
Unemployment rate3%
Population density1225 / km²

Households & income

Low income (LIM-AT, % pop.)4%
Single-person households14%
Couple families with children34%
Median household income (2020)$98K

Housing

Renter households6%
Condominium dwellings0%
Median dwelling value (owners)$348K

Diversity, education & language

Immigrants (share of pop.)22%
Visible minority36%
Bachelor's or higher (25–64)27%
Mother tongue (1st)English · 70%
Mother tongue (2nd)Punjabi · 8%

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

Rankings

Living Area

Elite
1,895 sqft
0255075100
Same streetTop 4%Same areaTop 4%CitywideTop 14%
Same street · Mcleod Avenue
#8 / 226
Top 4% · Avg 1,148 sqft
Same area · Springfield South
#21 / 508
Top 4% · Avg 1,250 sqft
Citywide · Winnipeg
#26,514 / 194,458
Top 14% · Avg 1,342 sqft

Tax-Assessed Value

above average
447k
0255075100
Same streetTop 8%Same areaTop 11%CitywideTop 29%
Same street · Mcleod Avenue
#18 / 226
Top 8% · Avg 334.6k
Same area · Springfield South
#54 / 508
Top 11% · Avg 364.9k
Citywide · Winnipeg
#56,208 / 194,458
Top 29% · Avg 390.1k

Year Built

above average
1978
0255075100
Same streetTop 16%Same areaTop 45%CitywideTop 35%

Lot Size

above average
7,148 sqft
0255075100
Same streetTop 23%Same areaTop 16%CitywideTop 16%

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

987 Mcleod Avenue — 6 amenities found within 500 m, across 3 categories, including 1 dining (nearest 468 m), 1 education (nearest 247 m), 4 parks (nearest 242 m).

Search radius
🍽️Dining1
🏫Education1
🌳Parks4

Crime & Safety

Springfield South · WPS public data · 2026

Annual incidents

10

2026

vs. city avg

-66%

relative to avg

Year-over-year

-94%

vs. prior year

Primary type

Property

90%

Sales History

987 Mcleod Avenue: 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: 987 Mcleod Avenue, Winnipeg

Property Overview & Key Characteristics

This two-storey home at 987 Mcleod Avenue in Springfield South presents a compelling opportunity centered on space, value, and a renovated foundation. Its primary appeal lies in the combination of a generous 1,895 sqft living area—placing it in the top tier for size both on its street and in Winnipeg—and a large 7,148 sqft lot. The home is of a vintage common to the area, built in 1978, but features a key modern update with a renovated basement. While it lacks a garage, its assessed value is notably higher than many comparable-sized homes nearby, suggesting a solid valuation foundation.

The property would suit practical buyers looking for ample indoor and outdoor space without a premium price tag. It’s ideal for a growing family that values room to expand over a brand-new build, or for a value-conscious buyer who sees potential in a home with a major system (the basement) already updated. A less obvious perspective is its appeal to those who prioritize lot size for gardening, recreation, or future projects, as the land parcel is significantly larger than many in the urban landscape.


Frequently Asked Questions

1. How does the assessed value compare to the likely selling price?
The assessed value is a municipal figure for tax purposes and is typically lower than market value. This home’s assessment is in the top quarter for Winnipeg, indicating a strong official valuation, but the final sale price will be determined by current market conditions.

2. What does the "renovated basement" entail?
The listing confirms the basement is renovated but does not specify the scope. Buyers should inquire about the quality of finishes, whether permits were pulled, and if the renovation included moisture-proofing or updates to electrical and plumbing systems.

3. Is the lack of a garage a significant drawback?
This depends on buyer needs. The large lot does offer space for potential future garage construction or a driveway suitable for multiple vehicles. For those who primarily use a car for commuting and not for workshop or extensive storage, it may be a manageable trade-off for the square footage and lot size.

4. How does this 1978-built home compare to newer builds in the area?
While newer homes may have modern layouts and materials, this home offers more established landscaping, larger lot sizes often not found in newer subdivisions, and a proven neighbourhood character. The rankings show it is newer than many homes in Winnipeg, striking a balance between vintage and recent construction.

5. What is the neighbourhood like, based on the comparable listings?
The nearby and similar-value properties suggest a stable, mature neighbourhood with a mix of well-kept homes from the 1970s and 80s. The consistent assessed values and lot sizes indicate an area of relative uniformity and established value, rather than one undergoing rapid redevelopment or decline.