South Pointe sits 73% above Manitoba’s towns on home values
The census median was $520,000 in 2021, against $300,000 for Manitoba’s towns. Statistics Canada counted 14,740 buyers in 2023, paying a median $374,000. South Pointe doesn’t get its own sale prices, assessed values, values by property type and building permits figures; the ones here come from the city of Winnipeg.
Three ways to price a home in South Pointe
Three sources, each set against Manitoba’s towns only: provinces measure value differently, so they don’t line up across borders. What owners reported in May 2021 is an opinion of value; interest rates and prices have both moved since.
median, owners’ estimate
- Average
- $536K
- Owners
- 1,680
- Manitoba’s towns
- $300K
- The typical Canadian town
- $406K
median sale, wider area
- Average sale
- $400K
- ÷ buyers’ income
- 3×
- Buyers
- 14,740
- Manitoba’s towns
- $248K
all residential
- Manitoba’s towns
- $201K
Census 2021 (Statistics Canada); Canadian Housing Statistics Program, tables 46-10-0099 and 46-10-0093; Québec rôle d’évaluation foncière 2026 (MAMH).
On the assessment roll, Winnipeg’s houses sit 51% above Manitoba’s towns
The 2024 assessment roll counts 222,340 homes in Winnipeg: detached houses make 79% of them, condos 12%.
Median assessment by type, 2024 the tick is the median of Manitoba’s towns
Canadian Housing Statistics Program, table 46-10-0093 (2024): residential properties on the assessment roll, vacant land left out. The ticks are the median of Manitoba’s towns with their own figure; assessments compare within a province only.
92% of South Pointe’s homes are from 2001 or later, against 14% for Manitoba’s towns
South Pointe had 2,340 occupied homes at the 2021 census, 66% of them single-detached houses. Summed from small census areas, a neighbourhood’s parts may add up to a little less than its total.
Homes by period of construction the tick is the median of Manitoba’s towns
Homes by kind
| South Pointe | Manitoba | Canada | |
|---|---|---|---|
| Condominiums | 28% | 5% | 8% |
| Needing major repairs | 2% | 6% | 6% |
| Too small for the household | 10% | 5% | 3% |
| Households in core housing need | 8% | 7% | 7% |
Census 2021 (Statistics Canada): occupied private dwellings; core housing need as Statistics Canada defines it. Ticks and columns are medians of the towns and neighbourhoods of 2,500 or more.
Building at the pace of Manitoba’s towns: 16.9 new homes a year per 1,000 in Winnipeg, against 13.7
Some 4,903 homes a year: 29,417 in all were permitted in Winnipeg from 2018 to 2023. The mix: 23% in single-unit buildings, beside 67% for Manitoba’s towns. South Pointe shares its monthly permits numbers with the rest of the Winnipeg metro area.
Most in 2021: 6,147 new homes
New homes a year per 1,000 homes
Up 34%: 7,667 new homes in the year to August 2026
Statistics Canada, tables 46-10-0087 (building permits by census subdivision, 2018–2023: dwelling units created, new construction and conversions) and 34-10-0292 (monthly, metro areas). Per 1,000: units a year over 2019–2023 against occupied homes in 2021.
South Pointe is dearer than most of Manitoba’s towns: 73% above their $300,000 median
The census values of Manitoba’s towns, 188 of them with 2,500+ people, from dearest to cheapest.
Census 2021, owners’ estimates; towns and neighbourhoods of 2,500 or more, no city as a whole, no reserve.
Cheaper next to South Pointe: Richmond West, Fort Richmond and St. Norbert
The places around South Pointe at the 2021 census: median and average value, and how many own.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| South Pointe | $520K | $536K | 72% | |
| Richmond West | $440K | $422K | 78% | 1.2 |
| Bridgwater Trails | $500K | $556K | 78% | 1.9 |
| Fairfield Park | $500K | $447K | 70% | 2.4 |
| Bridgwater Forest | $552K | $566K | 76% | 2.7 |
| Fort Richmond | $400K | $370K | 54% | 2.8 |
| St. Norbert | $340K | $415K | 85% | 2.9 |
Census 2021 values; km.
Questions about property prices in South Pointe
Is South Pointe expensive for Manitoba?
Dearer than the middle: Manitoba’s towns come to $300,000, South Pointe to more.
How many households in South Pointe are in core housing need?
Statistics Canada puts 8% of South Pointe’s households in core housing need, much as for Manitoba’s towns (7%).
Can I see individual sales or prices by street?
Only in total: Statistics Canada releases each town’s median and average sale and its number of buyers, never a single sale.
Sources: Statistics Canada, Census of Population 2021 · Statistics Canada, Canadian Housing Statistics Program · Statistics Canada, building permits (tables 46-10-0087 and 34-10-0292). Under the Statistics Canada Open Licence.
Adapted from Statistics Canada (Census of Population 2021, population estimates 2025, 2021 census boundaries) under the Statistics Canada Open Licence; this does not constitute an endorsement by Statistics Canada. Neighbourhood names in some cities © OpenStreetMap contributors (ODbL).