Property score
68.3
Good
Overall 68.3 · Larger and newer than most nearby homes
1,208 sqft (top 21%) · Built in 1970 (7 yrs newer than avg)
Located in a above-average income area with median household income of ~72.5k
Transit 94.0 · 1-min walk to transit with 4 nearby routes · Within 500m: 1 school, 2 shops, 7 parks, and 1 bank/ATM nearby
Living Area
Above average
15% larger than neighborhood avg.
Year Built
Above average
7 yrs newer than neighborhood avg.
Mother tongue
English · 63%Tagalog · 15%
Past 10 years Margaret Park sales snapshot (~80% of all data)
234
400k
$328/sqft
1963
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68.3 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: #46110766
$73K
Median household income
$93K
Average household income
8%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.7
P90 / P10 ratio
32%
Single-person households
24%
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
1118 Salter Street — 13 amenities found within 500 m, across 6 categories, including 1 education (nearest 261 m), 2 shopping (nearest 338 m), 7 parks (nearest 63 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 28% | Top 47% | Bottom 32% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview & Key Characteristics
This home at 1118 Salter Street in Winnipeg's Margaret Park neighbourhood presents a compelling mix of space, vintage, and value. Its key appeal lies in its generous 6,335 sqft lot, which ranks well above average for both the street and the wider area, offering significant outdoor potential. Built in 1970, it is a notably newer construction compared to many homes on its street and in Margaret Park, suggesting potentially fewer concerns with aging infrastructure. With 1,208 sqft of living space, it offers roominess that is competitive for the area.
The property would suit practical buyers looking for a solid, move-in-ready home with ample yard space in a mature neighbourhood. It's particularly appealing for those who value a newer build date within an older community, as it combines established streets with a more modern structure. The assessed value positions it as a strong, mid-range offering in the city, representing a grounded investment rather than a fixer-upper or a luxury purchase.
Frequently Asked Questions
1. How does the 1970 build date compare to nearby homes?
This home is significantly newer than most on its street, ranking in the top 5%. The average build year for comparable homes on Salter Street is 1932, making this property a relatively modern option in a classic neighbourhood.
2. What does the above-average lot size mean for me?
At over 6,300 sqft, the lot is larger than approximately 87% of properties on Salter Street. This provides more private outdoor space than is typical, which is a valuable asset for gardening, recreation, or future expansions like a shed or deck.
3. The home sold between $250k-$300k in 2019. What is its value context?
Based on its current assessed value and past sale price, this property sits in a stable, middle-value tier for Winnipeg. It is not at the extreme high or low end, which can indicate a balanced investment with less volatility.
4. Is the living space considered large for the area?
At 1,208 sqft, the living area is very close to the average for Margaret Park (1,227 sqft) and is actually above the citywide average for comparable homes. It offers a comfortable size that is competitive within its immediate market.
5. Who are the most likely neighbours or comparable buyers?
Given its profile, this home would attract buyers who prioritize practical living space and a sizable yard over a downtown or ultra-modern location. It's well-suited for small families, downsizers seeking single-level living, or investors looking for a stable rental property in a established community.
