62.8
Fair
Property score
62.8
Fair
Overall 62.8
Larger than most nearby homes
1,186 sqft (top 24%)
Built in 1965 (2 yrs newer than avg)
Located in a above-average income area
with median household income of ~73k
Transit 88.0
1-min walk to transit with 3 nearby routes
Within 500m: 2 schools, 2 shops, 8 parks, and 1 bank/ATM nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Above average
13% larger than neighborhood avg.
Year Built
Below average
2 yrs newer than neighborhood avg.
Mother tongue
English · 66%Tagalog · 18%
Past 10 years Margaret Park sales snapshot (~80% of all data)
234
400k
$328/sqft
1963
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62.8 is composed by the two sections below.
Property Score
Community Score
Margaret Park
How to read: Share of sales in each ~$50k price band for “margaret park” (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: #46110015
$73K
Median household income
$77K
Average household income
9%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.5
P90 / P10 ratio
31%
Single-person households
23%
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
1101 Salter Street — 15 amenities found within 500 m, across 6 categories, including 2 education (nearest 359 m), 2 shopping (nearest 298 m), 8 parks (nearest 43 m).
Margaret Park · WPS public data · 2026
Annual incidents
16
2026
vs. city avg
-46%
relative to avg
Year-over-year
▼ -89%
vs. prior year
Primary type
Property
63%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 11% | Top 37% | Bottom 40% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This home at 1101 Salter Street in Winnipeg's Margaret Park neighbourhood presents a compelling opportunity defined by its generous lot and solid value. Built in 1965, the 1,186 sqft house sits on a notably large 7,239 sqft parcel of land, which is its most standout feature. This lot size ranks in the top 3% on its street and the top 7% in the wider neighbourhood, offering rare potential for expansion, gardening, or outdoor space in a city setting. The home's assessed value is strong for the immediate area, ranking above average on Salter Street.
Its appeal lies in this land-to-structure ratio. While the living area is modest and typical for the city, the property is suited for buyers who see potential in the land itself—whether for future renovations, adding a garage or workshop, or simply prizing ample private outdoor space. It would particularly suit a practical buyer looking for a foothold in a mature neighbourhood without a premium lot-size price, or someone with longer-term plans to customize their living space. The 2022 sale price suggests it has been seen as a value proposition in recent years.
Frequently Asked Questions
What does the "Elite" ranking for Land Area actually mean?
It means this property's lot size of 7,239 sqft is larger than 97% of the 96 comparable properties on Salter Street. In practical terms, you're getting significantly more land than is typical for the area.
Is the assessed value the same as the market value?
No. The assessed value of $32,700k is for municipal tax purposes. Market value is determined by what buyers are willing to pay, as suggested by its 2022 sale in the $300k-$350k range.
The home was built in 1965. What should I consider?
While newer than many homes on its street, a house of this age will likely have had several updates. A thorough inspection is key to understand the condition of major systems like plumbing, electrical, and the roof, and to identify any modernization that has already been done.
How does the living space compare to nearby homes?
At 1,186 sqft, the living area is slightly below the average for both Margaret Park and the city overall. This indicates the home itself is comfortable but not oversized, placing the focus and value more on the substantial lot it sits on.
Why is the city-wide average assessed value so much higher at $390k?
The city-wide average includes all types of homes across all neighbourhoods. The much lower average for this property's group reflects the specific market and character of homes in its category and area, making direct city-wide comparisons less useful.
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