56.8
Fair
Property score
56.8
Fair
Overall 56.8
Larger and newer than most nearby homes
1,186 sqft (top 24%)
Built in 1974 (11 yrs newer than avg)
Located in a above-average income area
with median household income of ~67k
Transit 86.0
5-min walk to transit with 4 nearby routes
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Above average
13% larger than neighborhood avg.
Year Built
Above average
11 yrs newer 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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56.8 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
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%
Local garbage, recycling, and yard waste pickup schedule for 215 Seaforth Avenue.
Garbage
wednesday
Recycling
wednesday
Yard Waste
wednesday a
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 29% | Bottom 24% | Bottom 15% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 215 Seaforth Avenue, Winnipeg
Key Characteristics & Appeal
This 1,186 sqft home, built in 1974, presents a practical opportunity in Winnipeg's Margaret Park neighborhood. Its primary appeal lies in its efficient use of space; the living area is notably larger than most homes on its street and in the immediate area, ranking in the top 5% and 24% respectively. This suggests a well-sized interior relative to its local peers. The assessed value is modest, sitting below average for both the neighborhood and the wider city, which typically indicates a lower property tax burden and an accessible entry point.
The property suits first-time buyers or downsizers seeking a comfortable, move-in-ready home without a premium lot. The lot itself is compact (2,519 sqft), which means minimal yard maintenance—a plus for those seeking a low-maintenance lifestyle—but less room for expansion or extensive gardening. A thoughtful perspective is that while the lot is small for the area, this often translates to a more community-focused street with homes in closer proximity. The 1974 build year is relatively newer than many nearby homes, potentially meaning fewer immediate concerns with aging infrastructure compared to older stock.
Frequently Asked Questions
1. Is the low assessed value a concern?
Not necessarily. A lower assessed value generally points to a more affordable annual property tax bill. It reflects the municipal valuation, not necessarily the market sale price, which can be influenced by many other factors.
2. What does the "top 5%" ranking for living area mean?
It means this home's interior square footage is larger than 95% of the comparable homes on Seaforth Avenue. For the neighborhood, it's larger than 76% of homes. This is the property's standout feature, offering more interior space than is typical for the immediate location.
3. The lot size seems small. What are the implications?
The lot is significantly smaller than most in Margaret Park and Winnipeg overall. This limits potential for additions like a large garage or deck, and offers a smaller yard. For some, this is a drawback; for others, it represents less weekend yard work and a more manageable outdoor space.
4. How recent is the sale history, and why is the price a range?
The home sold between 2020 and 2025 for an estimated CA$200k–250k. The exact price is not publicly listed in detail online to protect privacy, but can be requested directly from the listing service for accuracy.
5. Who would this home not be suitable for?
It may not suit buyers looking for a large, private yard, those planning significant expansions, or investors solely focused on properties with lot-size potential. The compact lot is a defining characteristic.
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