1162 Salter Street

Margaret Park, Winnipeg

Property score

68.3

Good

Overall 68.3 · Larger than most nearby homes

1,274 sqft (top 13%) · 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 · 1-min walk to transit with 4 nearby routes · Within 500m: 1 school, 1 shop, 6 parks, and 1 sports facility nearby

Living Area

Above average

22% 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

Need help understanding this property?

Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.

Usually replies in a few minutes

Property score

68.3 is composed by the two sections below.

Property Score

63.5Fair
Living Area1,274 sqft66Good
Year Built196752Fair
Lot Size6,200 sqft81Excellent
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
1,274 sqft
0255075100
Same streetTop 34%Same areaTop 13%CitywideTop 43%
Same street · Salter Street
#33 / 96
Top 34% · Avg 1,227 sqft
Same area · Margaret Park
#86 / 676
Top 13% · Avg 1,047 sqft
Citywide · Winnipeg
#84,489 / 194,458
Top 43% · Avg 1,342 sqft

Tax-Assessed Value

above average
345k
0255075100
Same streetTop 13%Same areaTop 21%CitywideBottom 44%
Same street · Salter Street
#12 / 96
Top 13% · Avg 211.9k
Same area · Margaret Park
#142 / 676
Top 21% · Avg 304.6k
Citywide · Winnipeg
#107,972 / 194,458
Bottom 44% · Avg 390.1k

Year Built

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

Lot Size

above average
6,200 sqft
0255075100
Same streetTop 17%Same areaTop 18%CitywideTop 27%

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

1162 Salter Street — 11 amenities found within 500 m, across 6 categories, including 1 education (nearest 96 m), 1 shopping (nearest 470 m), 6 parks (nearest 176 m).

Search radius
🏫Education1
🛒Shopping1
🌳Parks6
💪Sports1
🏦Finance1
Worship1

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 6/2017CA$250k–300k
Sold price

Same street

Top 19%

Same area

Top 44%

City-wide

Bottom 36%

Related homes

Highlights & common questions: 1162 Salter Street, Winnipeg

Property Overview

This home at 1162 Salter Street in Winnipeg's Margaret Park neighbourhood presents a solid, value-oriented opportunity. Built in 1967, it is notably newer than many homes on its street and in the immediate area. Its key appeal lies in its generous 6,200 sqft lot—a size that stands well above average for both the street and the neighbourhood—offering significant outdoor space and potential. The 1,274 sqft living area is comfortably above the local average, and the assessed value ranks highly within the immediate context, suggesting a good relative valuation.

The property would suit practical buyers looking for a home with room to grow, garden, or simply enjoy a larger yard without leaving the city. It's also a sensible fit for those interested in a home that is structurally younger than many of its peers in an established area, potentially implying fewer major age-related updates in the near term. The data indicates it's a property that outperforms its direct surroundings on several metrics, making it a strong contender within its local market rather than just the city at large.


Frequently Asked Questions

How does this home’s value compare to nearby properties?
Its assessed value is in the top 13% on Salter Street and the top 21% in Margaret Park, indicating it is valued higher than most comparable homes in the immediate area, which often reflects factors like lot size, condition, or improvements.

Is the lot size a significant feature?
Yes. The 6,200 sqft lot is a standout, ranking in the top 17% on the street and top 18% in the neighbourhood. This is a substantial amount of private outdoor space for an inner-city property.

What does the year built (1967) mean for a buyer?
Built in 1967, this home is significantly newer than the average home on Salter Street (where the average year built is 1932). This can suggest updated building materials, electrical, or plumbing systems compared to much older Winnipeg homes, though a thorough inspection is always recommended.

What was the last sale price?
Public records show it sold for between $250,000 and $300,000 in 2017. For the exact historical sale price, you can request the information directly via the listing page.

How does it rank for living space in the city context?
With 1,274 sqft, its living area is around the Winnipeg city average. Its appeal is more pronounced locally, where it offers more space than most homes in Margaret Park.

Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.