Property score
39.2
Below average
Overall 39.2 · Smaller and older than most nearby homes
623 sqft (bottom 1%) · Built in 1932 (31 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
Living Area
Below average
41% smaller than neighborhood avg.
Year Built
Below average
31 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
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
Free · No credit card required
39.2 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
209 Margaret Avenue — 3 amenities found within 500 m, across 2 categories, including 1 dining (nearest 265 m), 2 parks (nearest 435 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 10% | Bottom 3% | Bottom 5% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 209 Margaret Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This is a compact, historic home built in 1932, situated on a standard-sized lot in the Margaret Park neighbourhood. Its key characteristic is its modest scale, with a living area of 623 sqft that is notably smaller than most comparable homes locally and city-wide. The assessed value is proportionally low, reflecting its size and age.
The appeal lies in its affordability and simplicity. It represents a genuine entry point into the Winnipeg housing market with a lower financial barrier, potentially appealing to first-time buyers, investors seeking a rental property, or those looking to downsize significantly. The lot size is consistent with the area, offering standard outdoor space. A thoughtful perspective is that a home of this size and vintage could suit someone seeking a minimalist lifestyle without the upkeep of a larger property, or an investor looking for a lower-cost asset in a mature neighbourhood.
Section 2: Frequently Asked Questions (FAQs)
1. Why is the living area so much smaller than the neighbourhood average?
As a home built in 1932, its floor plan reflects the norms and needs of that era. Many homes in the area have been expanded or were built larger in subsequent decades, making this a more compact, original footprint.
2. What does the "below average" assessed value mean for property taxes?
A below-average assessed value typically results in a below-average municipal property tax bill, which is a key ongoing cost saving for the owner.
3. Is this a fixer-upper or a teardown candidate?
Given its age and smaller size, buyers should be prepared for potential updates. Whether it's a renovation or redevelopment project depends on its structural condition and the buyer's goals, but its value is primarily in the land and location.
4. How reliable is the sold price range shown (CA$150k–200k for 2021)?
The range is based on available public data. For precise historical sale figures, you must request the exact data directly from the source providing this summary.
5. The home is older than most in the area. Will that affect insurance or financing?
Possibly. Some insurers or lenders may have specific requirements for older homes, such as updated electrical or plumbing systems. It’s advisable to investigate this early in the process.
