Property score
54.9
Fair
Overall 54.9 · Newer than most nearby homes
1,064 sqft (top 49%) · Built in 1971 (8 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 · Within 500m: 1 dining spot nearby
ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ
Near average
2% larger than neighborhood avg.
ਤਰੀਕ ਤੋਂ ਬਣਿਆ
Above average
8 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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54.9 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” (ਡੀਟੈਚਡ ਘਰ (ਕੋਂਡੋ ਨਹੀਂ), 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.
ਜ਼ਮੀਨ: ਵੱਡਾ ਖੇਤਰ = ਬਿਹਤਰ ਰੈਂਕ
ਸਾਲ: ਨਵਾਂ = ਬਿਹਤਰ ਰੈਂਕ
ਰਹਿਣ ਖੇਤਰ: ਵੱਡਾ = ਬਿਹਤਰ ਰੈਂਕ
ਮੁਲਾਂਕਣ: ਉੱਚਾ ਮੁੱਲ = ਬਿਹਤਰ ਰੈਂਕ
ਬਾਰ: ਭਰਨ ਦੀ ਲੰਬਾਈ ≈ ਤੁਸੀਂ ਕਿੰਨੇ ਸਹਿਪਾਠੀਆਂ ਨੂੰ ਪਛਾੜਦੇ ਹੋ; ਧੁਰੀ ਉੱਤੇ ਲਾਲ → ਪੀਲਾ → ਨੀਲਾ ਗਰੇਡੀਐਂਟ (ਖੱਬੇ ਤੋਂ ਸੱਜੇ)। ਟੂਟੀ ਲੰਬਵਤ ਲਕੀਰ ≈ ਮੀਡੀਅਨ ਬੈਂਚਮਾਰਕ; ਚਿੱਟਾ ਟਿਕ (ਹਲਕੀ ਛਾਂ) = ਤੁਹਾਡੀ ਸਥਿਤੀ। ਬੈਜ ਰੰਗ / diamond ਤੇ flame ਆਈਕਨ ਅਜੇ ਵੀ ਟਾਇਰ ਦੇ ਅਨੁਸਾਰ।
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.
ਨੇੜੇ ਦੇ ਸਟਾਪ, ਰੂਟ ਅਤੇ ਟ੍ਰਾਂਜ਼ਿਟ ਸਕੋਰ
Dining, education, healthcare, shopping & more
220 Seaforth Avenue — 1 amenities found within 500 m, across 1 categories, including 1 dining (nearest 460 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%
ਉਹੀ ਸਟ੍ਰੀਟ
ਉਹੀ ਇਲਾਕਾ
ਪੂਰਾ ਸ਼ਹਿਰ
| ਮਾਪ | ਉਹੀ ਸਟ੍ਰੀਟ | ਉਹੀ ਇਲਾਕਾ | ਪੂਰਾ ਸ਼ਹਿਰ |
|---|---|---|---|
ਵਿਕਰੀ ਮੁੱਲ | ਹੇਠਲੇ 1% | ਹੇਠਲੇ 4% | ਹੇਠਲੇ 5% |
Request exact figures by email
Address · Year Built · Living Area
ਪਤਾ · ਦੂਰੀ
Property Overview
This home at 220 Seaforth Avenue in Margaret Park presents a specific and value-oriented opportunity. Its key appeal lies in its efficient use of space and its position as a more affordable entry point into the Winnipeg market. At 1,064 sqft, the living area is notably above average for its immediate street and is competitive within the wider neighbourhood. However, its assessed value is significantly below average across all comparison levels, suggesting a potentially lower purchase price or tax assessment. The lot is modest for the area, and the home, built in 1971, is relatively newer than many in Margaret Park.
It would suit a first-time buyer or an investor looking for a practical, no-frills property where the interior space is prioritized over yard size. Its value proposition is clear: you get more house for your dollar compared to neighbours, but on a smaller parcel of land. A thoughtful perspective is that this could be an ideal "house, not lot" purchase for someone content with outdoor space that's easier to maintain, or for a buyer who sees potential in the below-average assessment as a foundation for building equity through updates.
Frequently Asked Questions
1. Why is the assessed value so much lower than the city-wide average?
The assessed value is a municipal valuation for tax purposes and can be influenced by many factors, including the home's condition, specific features, and recent sales on the street. A below-average assessment here may indicate a lower property tax burden, but it doesn't directly predict the final sale price.
2. How does the smaller lot size impact daily living?
The land area is below average for the neighbourhood, which typically means less yard for gardening, play, or expansion. The trade-off is lower maintenance and potentially a more private streetscape with homes closer together. It's a practical choice for those who don't prioritize extensive outdoor space.
3. The home sold between 2020-2025. What does that price range indicate?
The listed sold price range (CA$150k–200k) is based on public data. To understand the exact sale price and how market conditions may have changed since then, you can request the precise history via email from the site. This helps establish a concrete benchmark for the home's recent market value.
4. Is a 1971-built home a concern?
Built in 1971, this home is actually newer than many in Margaret Park. While it will likely have standard maintenance considerations for its age (roof, windows, systems), its above-average rank for year built on the street suggests it may have undergone updates or have newer components than immediate neighbours.
5. What does "above average living area" mean in this context?
It means that, compared to the 20 homes directly on Seaforth Avenue, this house has more interior square footage than most. This is its standout feature, offering more room inside than you might expect from the street or the assessed value, which is a key point of appeal for space-conscious buyers.
