75.7
Good
Property score
75.7
Good
Overall 75.7
Smaller but newer than most nearby homes
1,358 sqft (bottom 28%)
Built in 2023 (2 yrs newer than avg)
Located in a high-income area
with median household income of ~105k
Transit 82.0
1-min walk to transit with 2 nearby routes
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
15% smaller than neighborhood avg.
Year Built
Above average
2 yrs newer than neighborhood avg.
Mother tongue
English · 45%Tagalog · 18%
Past 10 years West Kildonan Industrial sales snapshot (~80% of all data)
626
422.5k
$297/sqft
2021
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75.7 is composed by the two sections below.
Property Score
Community Score
West Kildonan Industrial
How to read: Share of sales in each ~$50k price band for “west kildonan industrial” (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: #46110002
$105K
Median household income
$112K
Average household income
6%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.7
P90 / P10 ratio
13%
Single-person households
40%
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
West Kildonan Industrial · WPS public data · 2026
Annual incidents
5
2026
vs. city avg
-83%
relative to avg
Year-over-year
▼ -93%
vs. prior year
Primary type
Violent
60%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 33% | Bottom 31% | Top 38% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Here is a clean, standalone summary of the property at 396 North Point Boulevard, presented in two main sections.
Key Characteristics & Appeal
This is a recently built home (2023) that stands out for its age rather than its size. It ranks in the top 1% citywide for year built, meaning it is significantly newer than the vast majority of homes in Winnipeg. The living area is 1,358 square feet, which sits right around the city average for comparable homes but is slightly smaller than the typical home in the West Kildonan Industrial neighbourhood. The assessed value of $347,000 is below both the street and neighbourhood averages, reflecting the modest lot size and interior square footage rather than any deficiency in quality.
The property’s main appeal lies in its modern construction within an established area. Buyers get a brand-new build without paying a premium for a large lot or a sprawling floor plan. The lot is 2,130 square feet, which is small by citywide standards (ranking in the bottom 1%), so this property is best suited for someone who prioritizes low-maintenance outdoor space and a contemporary interior over yard size or a higher resale-value neighbourhood. It would particularly suit first-time buyers, downsizers, or investors looking for a turnkey asset in a location with older housing stock.
1. How does the assessed value compare to the actual market price?
The assessed value of $347,000 is below the street average ($375,400) and well below the neighbourhood average ($442,900). While assessment is not the same as market price, this suggests the property is priced to reflect its smaller lot and living area rather than its newness. Buyers should compare this directly to recent sale prices of newer homes in the area.
2. Is the small lot a disadvantage?
It depends on your priorities. The lot is among the smallest in the city, ranking in the bottom 1%. This means very little yard maintenance and potentially lower utility costs, but it also limits future expansion or resale appeal to buyers who want outdoor space. If you value a garage, a patio, and minimal upkeep, this is a strength.
3. Why is the neighbourhood ranking for living area below average?
The neighbourhood (West Kildonan Industrial) has an average living area of 1,591 square feet, so this home is roughly 200 square feet smaller than the typical house nearby. This is not unusual for a newer infill build, which often prioritizes efficient floor plans over square footage. The citywide ranking is actually average, so the size is standard for Winnipeg overall.
4. What does “top 1% for year built” actually mean in practical terms?
It means this home is newer than 99% of all comparable properties in the city. In practice, you get modern building codes, better insulation, contemporary electrical and plumbing, and likely lower immediate maintenance costs. The trade-off is that you pay for that newness, while older homes on larger lots in the same area may offer more space for a similar price.
5. Who is this property not ideal for?
It is less suitable for families who want a large backyard for children or pets, for anyone seeking a high-end renovation project, or for buyers who prioritize a large lot as a long-term investment. It is also not ideal for someone who wants a home in a neighbourhood with above-average resale values, as the assessed value ranks in the bottom 13% locally.
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