53.1
Fair
Property score
53.1
Fair
Overall 53.1
Larger and newer than most nearby homes
1,198 sqft (top 23%)
Built in 2022 (59 yrs newer than avg)
Located in a below-average income area
with median household income of ~44.4k
Transit 94.0
1-min walk to transit with 4 nearby routes
Within 500m: 3 dining spots, 1 school, 2 shops, and 6 parks nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Above average
14% larger than neighborhood avg.
Year Built
Above average
59 yrs newer than neighborhood avg.
Mother tongue
English · 66%Tagalog · 9%
Past 10 years Margaret Park sales snapshot (~80% of all data)
234
400k
$328/sqft
1963
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53.1 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: #46110016
$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
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
219 Leila Avenue — 13 amenities found within 500 m, across 5 categories, including 3 dining (nearest 348 m), 1 education (nearest 343 m), 2 shopping (nearest 226 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 1% | Bottom 1% | Bottom 2% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 219 Leila Avenue, Margaret Park, Winnipeg
Key Characteristics & Appeal
This 2022-built home on Leila Avenue is a modern offering in a neighbourhood of predominantly older houses. Its primary appeal lies in its new construction, which means minimal immediate maintenance, modern building standards, and contemporary finishes for the next owner. With 1,198 sqft of living space, it is notably larger than the average home on its street and in Margaret Park, offering above-average interior room.
The property presents a clear trade-off: a newer, well-sized home on a smaller lot. The land area of 3,629 sqft is below average for the area, which may limit expansive outdoor additions but also translates to less yard upkeep. Its assessed value ranks in the top tier locally, suggesting it is viewed as a premium property within its immediate context. This home would ideally suit first-time buyers or downsizers seeking a modern, move-in-ready property without the concerns of an aging structure, and who prioritize interior space over a large garden. It also represents a unique opportunity for those wanting a new build in an established, mature neighbourhood.
Frequently Asked Questions
Q: How does the lot size impact this property?
A: The lot is smaller than most in Margaret Park. This means lower maintenance for the yard but may limit possibilities for large additions, pools, or extensive landscaping compared to neighbours.
Q: The assessed value seems high for the area. Why?
A: The assessment reflects the home's very recent construction (2022) and its above-average living area. It's valued as a newer asset amidst older homes, placing it in the top 1% of properties in Margaret Park for this metric.
Q: What does the 2020 sale price range indicate?
A: The property sold for an estimated $100k-$150k in 2020, likely just prior to or during its construction. This highlights the significant value added by the completion of the new build, as reflected in the current assessed value.
Q: Is this a good option for someone wanting to do renovations or expansions?
A: Given the home is only 4 years old, major renovations are probably unnecessary. However, the smaller lot size could impose municipal zoning restrictions on any future expansions or outbuildings, so due diligence is advised.
Q: Who are the typical neighbours?
A: You would be moving into a street where most homes are decades older, with many built around 1970. This offers an established community feel, but your home will be a noticeable exception in terms of age and likely style.
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