1109 Salter Street

Margaret Park, Winnipeg

60.0

Fair

Overall 60.0

Compared with neighbourhood average

1,073 sqft (top 48%)

Built in 1966 (3 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: 1 school, 2 shops, 7 parks, and 1 bank/ATM nearby

Living Area

Near average

2% larger than neighborhood avg.

Year Built

Near average

3 yrs newer than neighborhood avg.

Mother tongue

English · 66%Tagalog · 18%

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

Sold Count

234

Median price

400k

$/sqft

$328/sqft

Avg build year

1963

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Property score

60.0 is composed by the two sections below.

Property Score

55.1Fair
Living Area1,073 sqft52Fair
Year Built196652Fair
Lot Size6,249 sqft81Excellent
Neighbourhood Sales Activity28Low

Community Score

67.3Good
Household Income74Good
Education Level44Low
Housing Stress63Fair
Core Housing Need76Good
Employment Health76Good

Neighbourhood Sales

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.

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: #46110015

Community deep dive

$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

Population, labour & age

Population (2021)614
Labour force participation rate68%
Median age38.8
Avg household size2.4
Unemployment rate6%
Population density3411 / km²

Households & income

Low income (LIM-AT, % pop.)9%
Single-person households31%
Couple families with children23%
Median household income (2020)$73K

Housing

Renter households40%
Condominium dwellings0%
Median dwelling value (owners)$276K

Diversity, education & language

Immigrants (share of pop.)26%
Visible minority38%
Bachelor's or higher (25–64)21%
Mother tongue (1st)English · 65%
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
1,073 sqft
0255075100
Same streetBottom 33%Same areaTop 48%CitywideBottom 36%
Same street · Salter Street
#64 / 96
Bottom 33% · Avg 1,227 sqft
Same area · Margaret Park
#324 / 676
Top 48% · Avg 1,047 sqft
Citywide · Winnipeg
#124,455 / 194,458
Bottom 36% · Avg 1,342 sqft

Tax-Assessed Value

above average
317k
0255075100
Same streetTop 24%Same areaTop 50%CitywideBottom 34%
Same street · Salter Street
#23 / 96
Top 24% · Avg 211.9k
Same area · Margaret Park
#338 / 676
Top 50% · Avg 304.6k
Citywide · Winnipeg
#127,404 / 194,458
Bottom 34% · Avg 390.1k

Year Built

above average
1966
0255075100
Same streetTop 17%Same areaTop 46%CitywideBottom 48%

Lot Size

above average
6,249 sqft
0255075100
Same streetTop 16%Same areaTop 15%CitywideTop 26%

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

1109 Salter Street — 13 amenities found within 500 m, across 6 categories, including 1 education (nearest 317 m), 2 shopping (nearest 322 m), 7 parks (nearest 43 m).

Search radius
🏫Education1
🛒Shopping2
🌳Parks7
🏦Finance1
Worship1
🏛️Government1

Crime & Safety

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%

Sales History

Sold 2/2023CA$300k–350k
Sold price

Same street

Top 8%

Same area

Top 23%

City-wide

Top 49%

Related homes

Highlights & common questions: 1109 Salter Street, Winnipeg

Property Overview: 1109 Salter Street, Winnipeg

Key Characteristics & Appeal

This 1,073 sqft bungalow, built in 1966, presents a solid opportunity in Winnipeg's Margaret Park neighbourhood. Its primary appeal lies in the generous 6,249 sqft lot, which ranks well above average for both the street and the local area, offering significant outdoor space and potential. The home's assessed value is notably strong for Salter Street, suggesting it is viewed favorably relative to its immediate peers. While the living area is modest and typical for the city, the combination of a larger, newer-than-average home for the street on a substantial lot creates a unique value proposition.

This property would suit a practical buyer looking for a land-advantaged home in a central neighbourhood. It’s ideal for someone with a vision for outdoor living, gardening, or future expansion, who values space over a recently built structure. It also appeals to an investor or homeowner who recognizes the underlying value indicated by its above-street-level assessment, seeing potential in a well-situated asset rather than a turn-key modern finish.


Frequently Asked Questions

1. How does the assessed value compare to the recent sale price?
The home sold for an estimated $300k-$350k in 2023. Its current assessed value is $31,700. It’s important to understand that in Manitoba, property assessments are not market valuations; they are used for calculating municipal taxes. The sale price reflects the actual market value at that time.

2. What does the "above average" year built ranking mean for a 1966 home?
While 1966 is not new, this ranking indicates the home is newer than most on Salter Street, where the average comparable home was built around 1932. This suggests potentially fewer age-related issues than many neighbouring properties, though a thorough inspection is still essential.

3. Is the lot size a major advantage?
Yes. The lot is substantially larger than typical lots in both Margaret Park and on Salter Street itself. This is a key differentiator, offering more privacy, yard space, and options for additions, decks, or landscaping than most properties in its price range in the area.

4. What can the "similar properties" list tell me?
The listed properties with similar assessed values are all in different neighbourhoods (like Varsity View). This highlights that assessed value is a poor tool for comparing homes across different areas, as it doesn't reflect market desirability, condition, or lot size. Focus on comparisons within Margaret Park.

5. How reliable are the sold price ranges shown?
The ranges are based on public data and provide a good estimate. For the exact historical sale price, you must request it directly from the site via email, as this information is not fully disclosed in Manitoba’s public records.

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