Property score
52.4
Fair
Overall 52.4 · Larger but older than most nearby homes
1,426 sqft (top 5%) · Built in 1922 (41 yrs older than avg)
Located in a below-average income area with median household income of ~44.4k
Transit 88.0 · 1-min walk to transit with 3 nearby routes · Within 500m: 3 dining spots, 1 school, 2 shops, and 7 parks nearby
Living Area
Above average
36% larger than neighborhood avg.
Year Built
Below average
41 yrs older than neighborhood avg.
Mother tongue
English · 66%Tagalog · 9%
Past 10 years Margaret Park sales snapshot (~80% of all data)
234
400k
$328/sqft
1963
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52.4 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: #46110016
$44K
Median household income
$63K
Average household income
26%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.6
P90 / P10 ratio
58%
Single-person households
16%
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
201 Leila Avenue — 14 amenities found within 500 m, across 5 categories, including 3 dining (nearest 322 m), 1 education (nearest 355 m), 2 shopping (nearest 187 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 | Bottom 19% | Bottom 28% | Bottom 19% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 201 Leila Avenue, Winnipeg
Key Characteristics & Appeal
This home at 201 Leila Avenue in Margaret Park presents a distinct profile defined by its generous space and land. Its primary appeal lies in its above-average living area (1,426 sq ft, ranking in the top 10% for its street) and a notably large lot (6,658 sq ft, also in the top 10% locally). This combination offers significant potential for expansion, gardening, or outdoor living—a rarity compared to many neighbouring properties. The house itself is a 1922 character home, which may appeal to those interested in heritage or renovation projects.
The property’s assessed value is notably lower than area averages, which could indicate an opportunity for a buyer looking to add value through updates. This profile would suit a practical buyer—perhaps a hands-on homeowner, an investor with a vision for renovation, or a family seeking a large yard in a mature neighbourhood—who is less concerned with modern finishes and more focused on the inherent value of space and land. A less obvious perspective is that the low assessment, while reflecting its current state, might also suggest manageable property taxes relative to the lot size, which is a long-term financial benefit.
Frequently Asked Questions
1. Why is the assessed value so much lower than nearby homes?
The assessed value is based on the property's current condition and market factors as evaluated by the municipal assessor. For a 1922 home, this lower assessment often reflects the age of the home and likely the need for modernization, not the value of the land itself.
2. What does the "top 92%" ranking for assessed value mean?
This means the property’s assessed value is in the bottom 8% compared to others on Leila Avenue. It ranks 308th out of 333 properties, indicating it is assessed lower than the vast majority of its immediate neighbours.
3. Is the large lot size a benefit for future plans?
Absolutely. A lot of this size (over 6,600 sq ft) in a mature neighbourhood is a significant asset. It provides ample space for additions, a garage, outdoor recreation, or landscaping, offering flexibility that smaller lots do not.
4. How recent are the sold price figures shown?
The listed sale range of CA$200k–250k is from 2023. For the exact, verified sold price, you must request it directly via the provided email service.
5. What should I consider about a home built in 1922?
While offering character, a home of this age will likely require careful attention to foundational elements, wiring, plumbing, and insulation. A thorough inspection is essential to understand the scope of any needed maintenance or updates to meet modern standards.
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