218 Margaret Avenue

Margaret Park, Winnipeg

Property score

49.7

Below average

Overall 49.7 · Larger but older than most nearby homes

1,444 sqft (top 4%) · Built in 1918 (45 yrs older than avg)

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

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

Living Area

Above average

38% larger than neighborhood avg.

Year Built

Below average

45 yrs older 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

49.7 is composed by the two sections below.

Property Score

58.6Fair
Living Area1,444 sqft75Good
Year Built191816Low
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

Elite
1,444 sqft
0255075100
Same streetTop 7%Same areaTop 4%CitywideTop 34%
Same street · Margaret Avenue
#6 / 89
Top 7% · Avg 1,084 sqft
Same area · Margaret Park
#29 / 676
Top 4% · Avg 1,047 sqft
Citywide · Winnipeg
#65,193 / 194,458
Top 34% · Avg 1,342 sqft

Tax-Assessed Value

around average
317k
0255075100
Same streetTop 47%Same areaTop 50%CitywideBottom 34%
Same street · Margaret Avenue
#42 / 89
Top 47% · Avg 299.3k
Same area · Margaret Park
#338 / 676
Top 50% · Avg 304.6k
Citywide · Winnipeg
#127,404 / 194,458
Bottom 34% · Avg 390.1k

Year Built

below average
1918
0255075100
Same streetBottom 10%Same areaBottom 3%CitywideBottom 12%

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

218 Margaret Avenue — 3 amenities found within 500 m, across 3 categories, including 1 dining (nearest 260 m), 1 parks (nearest 375 m).

Search radius
🍽️Dining1
🌳Parks1
💪Sports1

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 10/2023CA$250k–300k
Sold price

Same street

Top 39%

Same area

Top 39%

City-wide

Bottom 38%
Sold 9/2020CA$250k–300k
Sold price

Same street

Bottom 48%

Same area

Top 50%

City-wide

Bottom 29%

Related homes

Highlights & common questions: 218 Margaret Avenue, Winnipeg

Property Overview: 218 Margaret Avenue

Key Characteristics & Appeal

This home is defined by its generous proportions and established location. Its primary appeal lies in offering above-average living space (1,444 sqft) on a larger-than-average lot (4,997 sqft) for the immediate street and Margaret Park neighbourhood. This combination is well-suited for buyers seeking room to grow, garden, or simply enjoy more private outdoor space without moving to the city's newer suburbs.

The house itself, built in 1918, is a classic Winnipeg character home. Its assessed value is consistently around the average for its area, suggesting it is priced in line with market expectations for a well-maintained property of its vintage. Recent sale history indicates steady demand. This property would best suit a buyer who values space and character over new construction, and who is prepared for the realities and rewards of owning a century-old home. It’s a practical choice for those looking to put down roots in a mature neighbourhood, offering more interior and land space than many nearby comparables.

Frequently Asked Questions

1. What does the "below average" ranking for Year Built mean?
This simply indicates the home is older than most in its comparison groups. Built in 1918, it is a character home. This ranking is a neutral data point; it highlights the property's vintage, which can be a source of charm but also implies a different maintenance profile than a newer build.

2. The assessed value seems low compared to the city-wide average. Why?
The city-wide average assessed value shown ($390k) includes all property types across Winnipeg. The more relevant figures are the local averages for Margaret Avenue ($29.9k) and Margaret Park (~$30.5k), which this home aligns with. Assessment values are for municipal tax purposes and do not directly represent market sale price.

3. How can I find out the exact past sale prices?
The provided sale price ranges are based on public data. As noted on the detail page, you can request the exact historical sold prices by emailing the site administrators, who provide this information manually without marketing spam.

4. What are the implications of such a large lot size?
A lot size that is "above average" for the street offers valuable potential. This could mean more yard space, better privacy, room for additions or landscaping, and possibly greater future value as larger lots become scarcer in established neighbourhoods.

5. Who might this home not be suitable for?
Given its age, it may not suit buyers looking for a modern, maintenance-free home or those unwilling to potentially manage renovations or updates that come with a century-old structure. It also may not appeal to those prioritizing the very latest in open-concept layouts and building materials.

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