Property score
60.3
Fair
Overall 60.3 · Compared with neighbourhood average
1,073 sqft (top 48%) · Built in 1967 (4 yrs newer than avg)
Located in a above-average income area with median household income of ~73k
Transit 94.0 · 1-min walk to transit with 4 nearby routes · Within 500m: 1 school, 2 shops, 6 parks, and 1 bank/ATM nearby
Living Area
Near average
2% larger than neighborhood avg.
Year Built
Near average
4 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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60.3 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: #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
1127 Salter Street — 12 amenities found within 500 m, across 6 categories, including 1 education (nearest 252 m), 2 shopping (nearest 378 m), 6 parks (nearest 88 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 17% | Top 40% | Bottom 37% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 33% | Bottom 49% | Bottom 29% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 1127 Salter Street, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 1127 Salter Street in Margaret Park presents a compelling mix of space, value, and potential. Its key characteristic is an unusually large lot of nearly 7,000 square feet, placing it in the top 10% of properties in the neighbourhood for land area. This offers significant outdoor space and future potential that is rare for the area. Built in 1967, the house itself is newer than many on its street and in the wider community. With just over 1,000 square feet of living space, the home is practically sized, though its standout feature is its assessed value, which is notably higher than average for both Salter Street and Margaret Park, suggesting official recognition of its above-average lot and condition.
The appeal lies in this combination of a sizable, private yard in a mature neighbourhood and a home that is relatively modern within its context. It would suit a buyer looking for a solid starter home with room to garden or expand, or an investor who recognizes the long-term value of a large lot in an established area. It’s a property for someone who sees beyond the current structure to the inherent value of the land and its possibilities.
Section 2: Frequently Asked Questions
1. Why is the assessed value so much higher than neighbouring properties?
The assessed value is likely elevated due to the combination of its large lot size and the fact the home was built more recently than many in the immediate vicinity. Assessment considers property characteristics, and these features make it stand out comparably.
2. How does the lot size compare to a typical city lot?
The lot is approximately 6,845 sq. ft., which is significantly larger than the average lot in Margaret Park (~5,139 sq. ft.) and city-wide (~6,570 sq. ft.). This is a primary asset of the property.
3. What does the sold price history indicate?
The home sold in the $250k-$300k range in both 2016 and 2019. This consistent price range over several years suggests a stable market value for the property during that period, prior to recent market shifts.
4. Is the living area smaller than average?
At 1,073 sq. ft., the living area is slightly below the current average for Margaret Park but is close to the city-wide average for comparable homes. The trade-off is the generous lot size, which is a less common find than additional interior square footage.
5. Who should request the exact sold price history?
The exact sold price is available by request. This is most useful for serious buyers or those conducting detailed financial analysis, as the provided price ranges give a clear market bracket for recent sales.
