212 Margaret Avenue

Margaret Park, Winnipeg

Property score

56.2

Fair

Overall 56.2 · Larger and newer than most nearby homes

1,267 sqft (top 14%) · Built in 2018 (55 yrs newer than avg)

Located in a below-average income area with median household income of ~44.4k

Transit 100.0 · 1-min walk to transit with 5 nearby routes · Within 500m: 1 dining spot, and 2 parks nearby

Living Area

Above average

21% larger than neighborhood avg.

Year Built

Above average

55 yrs newer than neighborhood avg.

Mother tongue

English · 66%Tagalog · 9%

Past 10 years Margaret Park sales snapshot (~80% of all data)

Sold Count

234

Median price

400k

$/sqft

$328/sqft

Avg build year

1963

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Property score

56.2 is composed by the two sections below.

Property Score

69.4Good
Living Area1,267 sqft66Good
Year Built201897Excellent
Lot Size4,997 sqft60Fair
Neighbourhood Sales Activity28Low

Community Score

36.4Low
Household Income45Low
Education Level22Low
Housing Stress42Low
Core Housing Need25Low
Employment Health28Low

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: #46110016

Community deep dive

$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

Population, labour & age

Population (2021)517
Labour force participation rate49%
Median age52.0
Avg household size1.8
Unemployment rate29%
Population density1988 / km²

Households & income

Low income (LIM-AT, % pop.)26%
Single-person households58%
Couple families with children16%
Median household income (2020)$44K

Housing

Renter households64%
Condominium dwellings0%
Median dwelling value (owners)$272K

Diversity, education & language

Immigrants (share of pop.)27%
Visible minority37%
Bachelor's or higher (25–64)12%
Mother tongue (1st)English · 66%
Mother tongue (2nd)Tagalog · 8%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

above average
1,267 sqft
0255075100
Same streetTop 21%Same areaTop 14%CitywideTop 44%
Same street · Margaret Avenue
#19 / 89
Top 21% · Avg 1,084 sqft
Same area · Margaret Park
#93 / 676
Top 14% · Avg 1,047 sqft
Citywide · Winnipeg
#85,680 / 194,458
Top 44% · Avg 1,342 sqft

Tax-Assessed Value

above average
369k
0255075100
Same streetTop 13%Same areaTop 8%CitywideTop 47%
Same street · Margaret Avenue
#12 / 89
Top 13% · Avg 299.3k
Same area · Margaret Park
#51 / 676
Top 8% · Avg 304.6k
Citywide · Winnipeg
#91,965 / 194,458
Top 47% · Avg 390.1k

Year Built

Elite
2018
0255075100
Same streetTop 1%Same areaTop 1%CitywideTop 4%

Lot Size

above average
4,997 sqft
0255075100
Same streetTop 21%Same areaBottom 45%CitywideBottom 44%

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

212 Margaret Avenue — 3 amenities found within 500 m, across 2 categories, including 1 dining (nearest 238 m), 2 parks (nearest 404 m).

Search radius
🍽️Dining1
🌳Parks2

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 8/2017CA$150k–200k
Sold price

Same street

Bottom 6%

Same area

Bottom 2%

City-wide

Bottom 4%

Related homes

Highlights & common questions: 212 Margaret Avenue, Winnipeg

Property Overview: 212 Margaret Avenue, Winnipeg

Key Characteristics & Buyer Appeal

This home stands out in its established Margaret Park neighbourhood for being distinctly modern. Built in 2018, it is newer than 99% of homes on its street and in the wider area, offering immediate appeal for those seeking a property without the maintenance concerns or renovation needs of an older house. With 1,267 sqft of living space and a 4,997 sqft lot, it provides above-average room both inside and out for the immediate area, ranking in the top 21% locally for both metrics. Its assessed value is also notably strong for the neighbourhood, placing in the top 13% on Margaret Avenue.

The primary appeal lies in this combination of new construction within a mature, tree-lined community. It suits buyers who want the character and stability of an established area but desire the floorplan efficiencies, building standards, and modern systems of a contemporary build. It’s an ideal match for professionals, small families, or downsizers looking for a move-in-ready home where the major components—roof, furnace, windows—are all still under a decade old. A thoughtful perspective is the long-term value of its lot size; while average for the city, it is a generous parcel for a newer home in this inner-ring suburb, offering valuable outdoor space and future potential that many new builds in infill locations lack.


Frequently Asked Questions

1. How does this home’s value compare to others nearby?
Its assessed value of $36,900 is significantly above the local average for both Margaret Avenue ($29,900) and the broader Margaret Park area ($30,500), reflecting its newer construction and larger living area compared to many neighbouring properties.

2. What are the likely benefits of a 2018 build?
You can expect modern building codes, energy-efficient insulation and windows, contemporary electrical and plumbing systems, and minimal immediate repairs. This typically translates to lower maintenance costs and better energy bills in the near to medium term.

3. Is the lot size typical for the area?
Yes. At just under 5,000 sqft, the lot is slightly larger than the average on Margaret Avenue and is very typical for the Margaret Park neighbourhood, offering a balanced yard space that is manageable yet private.

4. What is the historical price context?
Public records indicate it last sold between $150,000 and $200,000 in 2017, which was likely during its construction or initial sale. The exact sold price is available upon request.

5. Who might this property not suit?
Buyers seeking a historic character home with original architectural details, or those looking for a very large lot or the lowest possible price point in the area, may find other properties in the neighbourhood a better fit. This home appeals for its modern comforts within a classic setting.

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