41.5
Below average
Property score
41.5
Below average
Overall 41.5
Smaller but newer than most nearby homes
672 sqft (bottom 14%)
Built in 1971 (8 yrs newer than avg)
Located in a above-average income area
with median household income of ~67k
Transit 76.0
5-min walk to transit with 4 nearby routes
Within 500m: 1 sports facility nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
36% smaller than neighborhood avg.
Year Built
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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41.5 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
231 Seaforth Avenue — 1 amenities found within 500 m, across 1 categories.
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 | Top 43% | 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: 231 Seaforth Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This 672 sqft bungalow, built in 1971, sits on a 3,401 sqft lot in Margaret Park. Its key appeal lies in its strong value proposition within its immediate neighbourhood. While the home's size is modest compared to the wider city, it ranks above average for assessed value on its own street, suggesting it is a well-regarded property in a consistent setting. The lot size is typical for Seaforth Avenue, offering a manageable outdoor space.
This property would suit first-time buyers or downsizers seeking an affordable entry into a stable, established neighbourhood without the upkeep of a larger lot or home. It also appeals to value-focused investors or hands-on buyers looking for a home with solid "bones" that they can personalize over time. A less obvious perspective is that its higher assessed value ranking on the street could indicate better-than-average condition or updates relative to its direct peers, making it a prudent choice for someone who wants to minimize immediate major repairs.
Section 2: Frequently Asked Questions
1. How does this home's value compare to others nearby?
On Seaforth Avenue, its assessed value ranks in the top 25% (5th out of 20 homes), meaning it is valued higher than most of its immediate neighbours. Compared to the broader Margaret Park area and Winnipeg overall, however, its value is below average.
2. Is the living space smaller than typical homes?
Yes. At 672 sqft, the living area is below the average for both the Margaret Park neighbourhood and the city. On its own street, it ranks around the average (14th out of 20).
3. What is the history of sold prices for this home?
Public records show it last sold between 2022 for an estimated CA$200k–250k. For the exact historical sold price, you can request the information directly via email from the listing source.
4. How does the lot size compare?
The lot is 3,401 sqft, which is around average for Seaforth Avenue but below average for the larger Margaret Park area and the city.
5. Is the home newer or older than others in the area?
Built in 1971, it is newer than most homes in Margaret Park (ranking in the top 8% for the neighbourhood) and is around the average age for homes city-wide.
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