Property score
67.9
Good
Overall 67.9 · Compared with neighbourhood average
1,040 sqft (bottom 31%) · Built in 1985 (4 yrs older than avg)
Located in a high-income area with median household income of ~96k
Transit 80.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 1 school, and 3 parks nearby
Living Area
Below average
23% smaller than neighborhood avg.
Year Built
Near average
4 yrs older than neighborhood avg.
Mother tongue
English · 34%Tagalog · 26%
Past 10 years Mandalay West sales snapshot (~80% of all data)
472
454k
$385/sqft
1989
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67.9 is composed by the two sections below.
Property Score
Community Score
Mandalay West
How to read: Share of sales in each ~$50k price band for “mandalay west” (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: #46110195
$96K
Median household income
$110K
Average household income
6%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.8
P90 / P10 ratio
13%
Single-person households
31%
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
273 Margate Road — 4 amenities found within 500 m, across 2 categories, including 1 education (nearest 400 m), 3 parks (nearest 185 m).
Mandalay West · WPS public data · 2026
Annual incidents
7
2026
vs. city avg
-76%
relative to avg
Year-over-year
▼ -95%
vs. prior year
Primary type
Property
43%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 19% | Top 28% | Top 29% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 273 Margate Road, Winnipeg
Key Characteristics & Appeal
This home at 273 Margate Road in Mandalay West presents a practical and straightforward opportunity. Built in 1985, it is notably newer than most homes on its street, offering modern advantages in infrastructure and potentially fewer immediate maintenance concerns compared to older peers. With 1,040 sqft of living space and a 4,828 sqft lot, its size is consistently average when compared to the immediate street, the broader neighbourhood, and the city, indicating a manageable scale for many lifestyles.
The appeal here is one of balance and value. The assessed value is modest, particularly within the Mandalay West area, suggesting a potentially lower property tax burden and an accessible entry point into the neighbourhood. Its recent sale in the $400k-$450k range aligns with this value proposition. This property would suit first-time buyers seeking a solid, no-frills home in a stable area, or investors looking for a practical rental property with reasonable upkeep. A less obvious perspective is its potential as a "blank slate"—its average metrics and newer build year provide a neutral foundation for renovations or personalization without the constraints or surprises often found in much older character homes.
Frequently Asked Questions
1. How does this home compare in size to others nearby?
The living area is consistently around the average for Margate Road, the Mandalay West neighbourhood, and Winnipeg overall. It’s a standard-sized home for the area, neither particularly large nor small.
2. What is significant about the 1985 build year?
On Margate Road, this home is the newest among its direct peers, ranking in the top 1%. This relative newness for the street can mean updated electrical, plumbing, and building materials compared to older neighbouring houses.
3. Is the assessed value low? What does that indicate?
The assessed value is below the Mandalay West neighbourhood average. This typically points to a lower municipal property tax bill, which is a key ongoing cost. It reflects the home’s market position as a value-oriented option within the area.
4. What was the recent sale history?
The property sold in 2024 for an estimated price between $400,000 and $450,000. For the exact sale price, you can request the information directly via the provided email service on the listing page.
5. Who would this property best suit?
It’s well-suited for buyers prioritizing practicality and value over premium finishes or extra space. First-time homeowners, downsizers, or investors will find its average size, newer construction, and modest tax assessment to be sensible, low-drama fundamentals.
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