1194 Salter Street

Margaret Park, Winnipeg

Property score

70.1

Good

Overall 70.1 · Larger than most nearby homes

1,360 sqft (top 6%) · 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, 6 parks, 1 sports facility, 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

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

70.1 is composed by the two sections below.

Property Score

66.5Good
Living Area1,360 sqft71Good
Year Built196752Fair
Lot Size6,192 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
1,360 sqft
0255075100
Same streetTop 23%Same areaTop 6%CitywideTop 38%
Same street · Salter Street
#22 / 96
Top 23% · Avg 1,227 sqft
Same area · Margaret Park
#41 / 676
Top 6% · Avg 1,047 sqft
Citywide · Winnipeg
#73,421 / 194,458
Top 38% · Avg 1,342 sqft

Tax-Assessed Value

above average
359k
0255075100
Same streetTop 6%Same areaTop 12%CitywideBottom 49%
Same street · Salter Street
#6 / 96
Top 6% · Avg 211.9k
Same area · Margaret Park
#82 / 676
Top 12% · Avg 304.6k
Citywide · Winnipeg
#98,457 / 194,458
Bottom 49% · Avg 390.1k

Year Built

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

Lot Size

above average
6,192 sqft
0255075100
Same streetTop 18%Same areaTop 19%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

1194 Salter Street — 10 amenities found within 500 m, across 5 categories, including 1 education (nearest 111 m), 6 parks (nearest 148 m).

Search radius
🏫Education1
🌳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 9/2016CA$250k–300k
Sold price

Same street

Top 22%

Same area

Top 45%

City-wide

Bottom 35%

Related homes

Highlights & common questions: 1194 Salter Street, Winnipeg

Property Overview: 1194 Salter Street, Winnipeg

Section 1: Key Characteristics & Appeal

This home at 1194 Salter Street in Margaret Park presents a compelling value proposition centered on space and land. Built in 1967, it is a newer construction compared to many homes on its street and in the broader neighbourhood. Its key strength lies in its generous proportions: at 1,360 sqft, the living area is notably above average for both the immediate area and Margaret Park. This is complemented by a large 6,192 sqft lot, offering ample outdoor space that is a rarity city-wide.

The appeal here is fundamentally practical. It suits buyers looking for a spacious interior and a sizable yard without a premium city-wide price tag, as reflected in its assessed value positioning. It would be an ideal fit for a growing family, a hobbyist or gardener valuing the large lot, or an investor recognizing the underlying value of the land and above-average building metrics in the context of its immediate location. A less obvious perspective is its potential as a "value anchor" in the area—its newer build date and larger footprint could position it as a relatively modern and low-maintenance foundation compared to neighbouring properties, offering a different kind of opportunity beyond just square footage.

Section 2: Frequently Asked Questions

1. How does this home compare to others nearby?
The data shows this property consistently ranks above average for its street and neighbourhood in key categories like living area, lot size, and year built. It is a larger, newer home on Salter Street compared to its direct peers.

2. What is the exact historical sale price?
Public records show a sale between CA$250k–300k in 2016. For the precise sale price, you can request the information directly via the provided email service on the listing page.

3. Who would this property suit best?
It’s well-suited for buyers prioritizing interior space and a large yard. Given its metrics, it appeals to families, those wanting room for projects or gardening, and value-oriented buyers looking for above-average characteristics in the Margaret Park area.

4. Is the assessed value high for the area?
Yes. With an assessed value of $35,900, it ranks in the top 6% on Salter Street and the top 12% in Margaret Park, indicating it is considered a higher-value property within these specific locales.

5. Can I see how it fits into the neighbourhood?
You can open the neighbourhood analysis page from the listing to view this property on a map and visually compare its year built, living area, assessed value, and lot size against nearby houses.

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.