Property score
62.1
Fair
Overall 62.1 · Compared with neighbourhood average
1,040 sqft (bottom 47%) · Built in 1966 (3 yrs newer than avg)
Located in a above-average income area with median household income of ~83k
Transit 100.0 · 1-min walk to transit with 5 nearby routes · Within 500m: 1 school, 3 parks, and 1 sports facility nearby
Living Area
Near average
1% smaller than neighborhood avg.
Year Built
Near average
3 yrs newer than neighborhood avg.
Mother tongue
English · 71%Tagalog · 6%
Past 10 years Margaret Park sales snapshot (~80% of all data)
234
400k
$328/sqft
1963
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62.1 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: #46110765
$83K
Median household income
$88K
Average household income
10%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.1
P90 / P10 ratio
20%
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
1256 Salter Street — 5 amenities found within 500 m, across 3 categories, including 1 education (nearest 345 m), 3 parks (nearest 177 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 39% | Bottom 35% | Bottom 24% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
1256 Salter Street is a 1,040 sqft bungalow built in 1966, situated on a notably large 6,493 sqft lot in Winnipeg's Margaret Park neighbourhood. Its appeal is anchored in its generous land size, which ranks well above average for the street, area, and city, offering significant potential for expansion, gardening, or outdoor space. While the living area is modest and slightly below average for Salter Street, the property's assessed value is strong for its immediate locale, suggesting the lot itself is a key driver of value. This home would suit a buyer looking for a solid footprint in a central neighbourhood, particularly one with a vision for future renovations, an addition, or who simply prioritizes ample private outdoor space over a large existing interior.
Key Considerations & FAQs
1. What is the neighbourhood like?
Margaret Park is a mature, central Winnipeg neighbourhood. The property's metrics show it is surrounded by homes with a wide variety of ages and sizes, indicating an area with diverse housing stock and likely a mix of long-term residents and newer homeowners.
2. Is the house in need of major updates?
Built in 1966, the home is newer than many on its street but is now 60 years old. Buyers should budget for updates consistent with a home of this age, such as roof, windows, or mechanical systems, though the structure itself may be in good condition.
3. Why is the assessed value higher than area averages?
The assessed value ranks in the top 26% on Salter Street, which is likely a direct reflection of its much larger-than-average lot size. The city's assessment often values land highly, especially in established neighbourhoods.
4. How does the lot size compare practically?
At nearly 6,500 sqft, the lot is substantially larger than the typical Winnipeg property. This isn't just a minor difference; it provides tangible room for additions, a large garage, or extensive landscaping that wouldn't be possible on a standard lot.
5. What can the sale history tell us?
The home sold in the $250k-$300k range in 2016. This historical price, combined with its current assessment and lot advantages, suggests it has been viewed as a property with underlying value, possibly for its redevelopment potential or spacious setting.
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