553 North Point Boulevard

West Kildonan Industrial, Winnipeg

77.5

Good

Overall 77.5

Newer than most nearby homes

1,389 sqft (bottom 32%)

Built in 2023 (2 yrs newer than avg)

Located in a high-income area

with median household income of ~105k

Transit 70.0

1-min walk to transit with 1 nearby route

Living Area

Below average

13% 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)

Sold Count

626

Median price

422.5k

$/sqft

$297/sqft

Avg build year

2021

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Property score

77.5 is composed by the two sections below.

Property Score

72.9Good
Living Area1,389 sqft71Good
Year Built2023100Excellent
Lot Size3,069 sqft38Low
Neighbourhood Sales Activity93Excellent

Community Score

84.4Excellent
Household Income87Excellent
Education Level82Excellent
Housing Stress74Good
Core Housing Need88Excellent
Employment Health83Excellent

Neighbourhood Sales

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.

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: #46110002

Community deep dive

$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

Population, labour & age

Population (2021)3,678
Labour force participation rate77%
Median age31.6
Avg household size3.2
Unemployment rate9%
Population density744 / km²

Households & income

Low income (LIM-AT, % pop.)6%
Single-person households13%
Couple families with children40%
Median household income (2020)$105K

Housing

Renter households32%
Condominium dwellings4%
Median dwelling value (owners)$404K

Diversity, education & language

Immigrants (share of pop.)46%
Visible minority67%
Bachelor's or higher (25–64)41%
Mother tongue (1st)English · 44%
Mother tongue (2nd)Tagalog · 17%

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

Rankings

Living Area

around average
1,389 sqft
0255075100
Same streetTop 45%Same areaBottom 32%CitywideTop 36%
Same street · North Point Boulevard
#29 / 64
Top 45% · Avg 1,404 sqft
Same area · West Kildonan Industrial
#452 / 664
Bottom 32% · Avg 1,591 sqft
Citywide · Winnipeg
#70,388 / 194,458
Top 36% · Avg 1,342 sqft

Tax-Assessed Value

above average
432k
0255075100
Same streetTop 8%Same areaBottom 48%CitywideTop 32%
Same street · North Point Boulevard
#5 / 64
Top 8% · Avg 375.4k
Same area · West Kildonan Industrial
#347 / 664
Bottom 48% · Avg 442.9k
Citywide · Winnipeg
#61,434 / 194,458
Top 32% · Avg 390.1k

Year Built

Elite
2023
0255075100
Same streetTop 28%Same areaTop 9%CitywideTop 1%

Lot Size

above average
3,069 sqft
0255075100
Same streetTop 8%Same areaBottom 42%CitywideBottom 13%

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.

Crime & Safety

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%

Sales History

Sold 9/2023CA$400k–450k
Sold price

Same street

Top 16%

Same area

Top 40%

City-wide

Top 27%

Related homes

Highlights & common questions: 553 North Point Boulevard, Winnipeg

Property Summary: 553 North Point Boulevard

Key Characteristics & Buyer Fit

This is a 2023-built home with 1,389 square feet of living space on a 3,069-square-foot lot. Its assessed value is $432,000.

The property’s standout feature is its age. City-wide, it ranks in the top 1% for newer construction—most Winnipeg homes were built in 1966. On its own street, it’s among the top 8% by assessed value, suggesting it’s one of the more desirable addresses in the immediate area.

The living area is around average for its street, neighbourhood, and city, while the lot size is generous for the street but small by city-wide standards. This means you’re getting a newer house on a compact urban lot, not a sprawling yard.

Where the appeal lies: The main draw is moving into a nearly brand-new home without waiting for construction. You avoid the unknowns of an older house: foundation shifts, old wiring, or asbestos. The year-built ranking also hints at strong resale potential—newer homes often hold value better in established neighbourhoods.

Best suited for: Buyers who want modern finishes and low immediate maintenance, especially first-time homeowners or those downsizing from a larger property. It’s less ideal for someone needing a big yard or garden space, or for buyers who prefer character homes in older parts of the city.


Frequently Asked Questions

1. How does this home compare to others on the street?
It’s one of the most valuable homes on North Point Boulevard (top 8%) and has a larger-than-average lot (top 8%). The living area is about average for the street. So you’re paying for good land and a newer build, not excessive square footage.

2. Is the assessed value of $432k a realistic price?
The assessed value is a public estimate, not a market price. It ranks well above the street average ($375k) but below the neighbourhood average ($442k). This suggests the home is priced competitively for its immediate area, but you should still check recent sales of similar properties.

3. Why is the land area considered “below average” city-wide?
Winnipeg includes many older homes on large lots, often 5,000–10,000 square feet or more. At 3,069 sqft, this lot is typical for newer infill builds but small compared to the city’s historic stock. That’s normal for a modern home in an established area.

4. What does “top 1%” for year built actually mean?
Only about 1,300 homes out of nearly 200,000 in Winnipeg are newer than this one. Built in 2023, it’s effectively brand new. That’s unusual in a city where most housing stock is over 50 years old.

5. Should I be concerned about the neighbourhood ranking for living area (top 68%)?
No—it just means the home is slightly smaller than the neighbourhood average of 1,591 sqft. That’s typical for a newer build on a smaller lot. The ranking matters less than whether the layout works for your needs.

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