48 George Marshall Way

Canterbury Park, Winnipeg

59.5

Fair

Overall 59.5

Smaller than most nearby homes

858 sqft (bottom 13%)

Built in 1990 (7 yrs older than avg)

Located in a high-income area

with median household income of ~105k

Transit 88.0

2-min walk to transit with 3 nearby routes

Within 500m: 2 schools, and 2 parks nearby

Living Area

Below average

36% smaller than neighborhood avg.

Year Built

Near average

7 yrs older than neighborhood avg.

Mother tongue

English · 79%Tagalog · 7%

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

Sold Count

1,049

Median price

440.7k

$/sqft

$385/sqft

Avg build year

1997

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Property score

59.5 is composed by the two sections below.

Property Score

46.5Low
Living Area858 sqft32Low
Year Built199078Good
Lot Size4,575 sqft60Fair
Neighbourhood Sales Activity53Fair

Community Score

78.9Good
Household Income87Excellent
Education Level44Low
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health83Excellent

Neighbourhood Sales

Canterbury Park

How to read: Share of sales in each ~$50k price band for “canterbury park” (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: #46111237

Community deep dive

$105K

Median household income

$125K

Average household income

3%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.4

P90 / P10 ratio

18%

Single-person households

33%

Families with children

Population, labour & age

Population (2021)420
Labour force participation rate77%
Median age43.6
Avg household size2.6
Unemployment rate7%
Population density4200 / km²

Households & income

Low income (LIM-AT, % pop.)3%
Single-person households18%
Couple families with children33%
Median household income (2020)$105K

Housing

Renter households6%
Condominium dwellings0%
Median dwelling value (owners)$300K

Diversity, education & language

Immigrants (share of pop.)17%
Visible minority12%
Bachelor's or higher (25–64)21%
Mother tongue (1st)English · 78%
Mother tongue (2nd)Tagalog · 7%

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

Rankings

Living Area

below average
858 sqft
0255075100
Same streetBottom 12%Same areaBottom 13%CitywideBottom 13%
Same street · George Marshall Way
#116 / 132
Bottom 12% · Avg 1,066 sqft
Same area · Canterbury Park
#2,511 / 2,872
Bottom 13% · Avg 1,334 sqft
Citywide · Winnipeg
#169,072 / 194,458
Bottom 13% · Avg 1,342 sqft

Tax-Assessed Value

around average
388k
0255075100
Same streetTop 36%Same areaBottom 46%CitywideTop 42%
Same street · George Marshall Way
#47 / 132
Top 36% · Avg 373.5k
Same area · Canterbury Park
#1,551 / 2,872
Bottom 46% · Avg 408.8k
Citywide · Winnipeg
#80,778 / 194,458
Top 42% · Avg 390.1k

Year Built

above average
1990
0255075100
Same streetBottom 48%Same areaBottom 47%CitywideTop 22%

Lot Size

above average
4,575 sqft
0255075100
Same streetTop 27%Same areaBottom 47%CitywideBottom 35%

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

48 George Marshall Way — 4 amenities found within 500 m, across 2 categories, including 2 education (nearest 171 m), 2 parks (nearest 377 m).

Search radius
🏫Education2
🌳Parks2

Crime & Safety

Canterbury Park · WPS public data · 2026

Annual incidents

8

2026

vs. city avg

-73%

relative to avg

Year-over-year

-94%

vs. prior year

Primary type

Property

88%

Sales History

Sold 7/2017CA$250k–300k
Sold price

Same street

Bottom 35%

Same area

Bottom 27%

City-wide

Bottom 37%

Related homes

Highlights & common questions: 48 George Marshall Way, Winnipeg

Property Overview

This 1990 bi-level home at 48 George Marshall Way in Canterbury Park presents a specific and practical value proposition. Its key appeal lies in the combination of a renovated basement and a notably generous land area for its setting. At 4,575 sqft, the lot size ranks in the top 27% for its immediate street, offering above-average outdoor space compared to nearby homes. The dwelling itself is compact, with a living area of 858 sqft that is below average for the neighbourhood and city, indicating a home focused on efficient use of space rather than expansive square footage.

This property would suit first-time buyers or downsizers seeking a manageable interior with the added bonus of a finished lower level and room for gardening or outdoor projects. It’s a practical choice for those who prioritize land size and a renovated basement over a large interior footprint, and who are comfortable with a home that is functionally laid out but not oversized. The detached garage adds utility, and the home’s age places it in a well-established area with mature infrastructure.


Frequently Asked Questions

1. Is the living space too small?
At 858 sqft, the above-ground living area is compact. However, the renovated basement effectively doubles the usable space, making the home feel larger than the main floor square footage suggests. It’s ideal for those who live efficiently or spend significant time outdoors.

2. How does the lot size compare?
The 4,575 sqft lot is a standout feature. It’s larger than most on the same street (top 27%) and provides more yard space than the average Canterbury Park property, which is a significant advantage for privacy, recreation, or future expansion.

3. What does the assessed value indicate?
The assessed value is around average for its immediate area and neighbourhood. This suggests the property is priced consistently with local market norms, with the value likely anchored by the desirable lot size and renovated basement, balancing the smaller living area.

4. Why was the last sale price so much lower than the assessed value?
The home last sold in 2017 for $29,600. This historical price is not reflective of current value; it indicates a significantly different market condition or a unique circumstance at that time. Current assessment and market value are based on present-day data.

5. What is the neighbourhood context for a 1990 home?
Built in 1990, the home is slightly newer than the average on its street and in Canterbury Park. Citywide, it’s notably newer than the Winnipeg average. This means it likely incorporates more modern construction standards than many city homes, while still being part of a settled, mature community.

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