Property score
36.9
Below average
Overall 36.9 · Smaller but newer than most nearby homes
624 sqft (bottom 1%) · Built in 1999 (36 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 5 parks nearby
Living Area
Below average
40% smaller than neighborhood avg.
Year Built
Above average
36 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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36.9 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” (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
223 Leila Avenue — 12 amenities found within 500 m, across 5 categories, including 3 dining (nearest 358 m), 1 education (nearest 341 m), 2 shopping (nearest 241 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 9% | Bottom 18% | Bottom 11% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 6% | Bottom 9% | Bottom 8% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 223 Leila Avenue, Margaret Park, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 223 Leila Avenue presents a distinct profile centered on value and efficiency. Its key characteristic is its compact 624 sqft living area, which is notably smaller than most homes in the neighbourhood and city-wide. However, this is balanced by a very competitive assessed value of $29,700, which is around average for the street and area, suggesting a lower property tax burden relative to many other homes. The 1999 build year is a significant asset, making it one of the newer homes in Margaret Park and offering modern construction standards compared to the area's predominantly older housing stock. The lot is a standard size for the area at just over 5,000 sqft.
The appeal lies in its position as an affordable, low-maintenance entry point into the Winnipeg market. It suits first-time buyers, investors, or downsizers seeking a cost-effective home with newer infrastructure, who are comfortable with a smaller, efficient footprint. A thoughtful perspective is that its below-average size but average-for-the-area value could indicate the land and location are the primary drivers of worth, offering potential for future expansion or redevelopment. It’s a practical choice for those prioritizing financial efficiency and a newer build over square footage.
Section 2: Frequently Asked Questions
1. Is the smaller living area a concern?
Yes, it's a defining feature. At 624 sqft, it's significantly smaller than the typical area home. It will suit a minimalist lifestyle or a buyer with very modest space needs, but may feel cramped for those accustomed to more room.
2. Why is the assessed value so much lower than the city-wide average?
The assessed value reflects the property's characteristics (size, age, location) relative to similar homes. Its value is in line with the local Margaret Park market, which generally has more modest valuations than the Winnipeg city-wide average of $390k.
3. What are the advantages of the 1999 build year?
A 1999 build is a major advantage in this neighbourhood. It likely means more modern wiring, plumbing, insulation, and building materials compared to the area's average, which could translate to lower immediate repair costs and better energy efficiency.
4. What is the potential based on the lot size?
The 5,081 sqft lot is standard for the area. For the right buyer, this presents a long-term opportunity: the valuable combination of a newer, smaller structure on a decent lot could allow for a future addition or redevelopment, subject to zoning.
5. How reliable are the sold price ranges shown?
The listed price ranges (e.g., CA$200k–250k in 2020) are based on public data. For the exact historical sale prices, you must request them directly via the provided email service, as they are not fully disclosed in public records.
