1126 Salter Street

Margaret Park, Winnipeg

Property score

71.0

Good

Overall 71.0 · Larger than most nearby homes

1,359 sqft (top 7%) · Built in 1967 (4 yrs newer than avg)

Located in a above-average income area with median household income of ~72.5k

Transit 94.0 · 2-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

30% larger than neighborhood avg.

Year Built

Near average

4 yrs newer than neighborhood avg.

Mother tongue

English · 63%Tagalog · 15%

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

71.0 is composed by the two sections below.

Property Score

68.0Good
Living Area1,359 sqft71Good
Year Built196752Fair
Lot Size7,973 sqft91Excellent
Neighbourhood Sales Activity28Low

Community Score

75.6Good
Household Income74Good
Education Level82Excellent
Housing Stress74Good
Core Housing Need88Excellent
Employment Health60Fair

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: #46110766

Community deep dive

$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

Population, labour & age

Population (2021)621
Labour force participation rate58%
Median age42.8
Avg household size2.4
Unemployment rate6%
Population density3105 / km²

Households & income

Low income (LIM-AT, % pop.)8%
Single-person households32%
Couple families with children24%
Median household income (2020)$73K

Housing

Renter households33%
Condominium dwellings0%
Median dwelling value (owners)$320K

Diversity, education & language

Immigrants (share of pop.)33%
Visible minority41%
Bachelor's or higher (25–64)40%
Mother tongue (1st)English · 62%
Mother tongue (2nd)Tagalog · 14%

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

Rankings

Living Area

above average
1,359 sqft
0255075100
Same streetTop 24%Same areaTop 7%CitywideTop 38%
Same street · Salter Street
#23 / 96
Top 24% · Avg 1,227 sqft
Same area · Margaret Park
#47 / 676
Top 7% · Avg 1,047 sqft
Citywide · Winnipeg
#73,866 / 194,458
Top 38% · Avg 1,342 sqft

Tax-Assessed Value

above average
339k
0255075100
Same streetTop 15%Same areaTop 27%CitywideBottom 42%
Same street · Salter Street
#14 / 96
Top 15% · Avg 211.9k
Same area · Margaret Park
#182 / 676
Top 27% · Avg 304.6k
Citywide · Winnipeg
#112,235 / 194,458
Bottom 42% · Avg 390.1k

Year Built

above average
1967
0255075100
Same streetTop 8%Same areaTop 34%CitywideBottom 49%

Lot Size

Elite
7,973 sqft
0255075100
Same streetTop 2%Same areaTop 4%CitywideTop 11%

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

1126 Salter Street — 13 amenities found within 500 m, across 6 categories, including 1 education (nearest 223 m), 2 shopping (nearest 374 m), 7 parks (nearest 50 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 1/2024CA$350k–400k
Sold price

Same street

Top 6%

Same area

Top 19%

City-wide

Top 44%

Related homes

Highlights & common questions: 1126 Salter Street, Winnipeg

Property Summary: 1126 Salter Street, Winnipeg

Section 1: Key Characteristics & Appeal

This home at 1126 Salter Street in Margaret Park stands out for its generous lot size and above-average living space within its local context. The nearly 8,000 sqft lot is a defining feature, ranking in the top 2-4% of the immediate area, offering significant outdoor potential that is rare for the neighbourhood. Built in 1967, the house is notably newer than many on its street. With 1,359 sqft of living area and an assessed value that sits above local averages, it presents as a well-sized, established property.

Its appeal lies in this combination of a larger, newer structure on an exceptionally spacious lot for the area. It would suit a buyer looking for a footprint with room to grow, garden, or add amenities outdoors, without necessarily moving to the suburbs. It’s a practical choice for someone who values space and potential over a brand-new build, and who understands the value proposition within a specific neighbourhood like Margaret Park.

Section 2: Frequently Asked Questions

1. What does the "Elite" ranking for land area actually mean?
It means this property's lot size (7,973 sqft) is larger than approximately 96-98% of the lots on Salter Street and in the wider Margaret Park area. It is a notably large parcel for this location.

2. The home sold in 2024. Why is the price shown as a range?
The exact sale price is not publicly disclosed in Manitoba. The range provided is an estimate based on available data. You can request the exact price via email from the listing service, which they provide manually.

3. The assessed value seems low compared to the sale price range. Why?
Municipal assessed value for tax purposes is not intended to reflect current market value. It is often lower, especially in a rising market. The recent sale price is a much stronger indicator of the home's actual market worth.

4. How does the age and size of this home compare to the city overall?
City-wide, this home is around average in age and living area. Its standout features are primarily relative to its own neighbourhood, where it is newer and on a much larger lot than most comparable properties.

5. What is the benefit of the neighbourhood comparison metrics?
They help you understand this property's specific advantages or disadvantages within the area you're actually considering. For example, while the living area is above average for Margaret Park, it’s the lot size that is truly exceptional for this location.

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