57.4
Fair
Property score
57.4
Fair
Overall 57.4
Older than most nearby homes
1,140 sqft (top 33%)
Built in 1921 (42 yrs older than avg)
Located in a above-average income area
with median household income of ~67k
Transit 100.0
1-min walk to transit with 5 nearby routes
Within 500m: 1 dining spot, and 2 parks nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Near average
9% larger than neighborhood avg.
Year Built
Below average
42 yrs older than neighborhood avg.
Mother tongue
English · 68%Tagalog · 7%
Past 10 years Margaret Park sales snapshot (~80% of all data)
234
400k
$328/sqft
1963
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57.4 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: #46110763
$67K
Median household income
$81K
Average household income
14%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.2
P90 / P10 ratio
30%
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
201 Margaret Avenue — 3 amenities found within 500 m, across 2 categories, including 1 dining (nearest 248 m), 2 parks (nearest 466 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 20% | Bottom 12% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 201 Margaret Avenue, Winnipeg
Key Characteristics & Appeal
This home presents a distinct value proposition centered on its generous lot. Built in 1921, the 1,140 sqft house sits on a 6,844 sqft property—a lot size that ranks in the top 3% on its street and top 10% in the Margaret Park neighbourhood. This offers exceptional outdoor space potential in a city-wide context. The home’s assessed value is notably below local and city averages, suggesting an opportunity for buyers comfortable with a character home that may require updates.
Its primary appeal lies in this combination of a large, established lot and a lower entry point relative to the area. It suits practical buyers looking for space to grow—whether for gardening, expansion, or future development—rather than immediate move-in perfection. It’s a fit for those who see value in land over a modernized interior, or for an investor-builder eyeing the lot’s potential. The recent sale in the $200k-$250k range reinforces its position as an accessible option in the market.
Frequently Asked Questions
1. Why is the assessed value so much lower than the city average?
Assessed value is for municipal tax purposes and is influenced by the age of the home (1921), its condition, and recent sales of comparable properties. A lower assessment often reflects the home’s older construction and can mean relatively lower property taxes.
2. What does the lot size ranking actually mean for me?
Ranking in the top 3% on the street for land area means this property is one of the largest on the block. It provides more privacy, yard space, and future flexibility than most nearby homes, which is a permanent advantage that can’t be easily replicated.
3. Is a 105-year-old home a major concern?
It requires a thorough inspection. While it offers character, key systems like plumbing, electrical, and the foundation may need evaluation or updating. This is typical for homes of this era and is often factored into the pricing.
4. How does the living area compare to nearby homes?
At 1,140 sqft, the living space is slightly above the average for both Margaret Avenue and the Margaret Park neighbourhood, but is modest by wider Winnipeg standards. The balance here is more living space than some immediate neighbours, but less than the city average.
5. Can I get the exact historical sale price?
The public data shows a sold price range. The exact figure is available by request from the listing source, as they manually provide this detail to ensure accuracy beyond the public estimates.
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