241 Newton Avenue

Margaret Park, ਵਿਨੀਪਿਗ

Property score

32.4

Below average

Overall 32.4 · Smaller and older than most nearby homes

784 sqft (bottom 20%) · Built in 1955 (8 yrs older than avg)

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

Transit 94.0 · 2-min walk to transit with 4 nearby routes · Within 500m: 2 dining spots, 1 school, 1 shop, and 6 parks nearby

ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ

Below average

25% smaller than neighborhood avg.

ਤਰੀਕ ਤੋਂ ਬਣਿਆ

Below average

8 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

32.4 is composed by the two sections below.

Property Score

29.7Low
ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ784 sqft22Low
ਤਰੀਕ ਤੋਂ ਬਣਿਆ195536Low
ਜ਼ਮੀਨ4,310 sqft53Fair
Neighbourhood Sales Activity28Low

Community Score

36.4Low
Household Income45Low
Education Level22Low
Housing Stress42Low
Core Housing Need25Low
Employment Health28Low

ਕਮਿਊਨਿਟੀ ਵਿਕਰੀ ਅੰਕੜੇ

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.

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.

ਰੈਂਕਿੰਗ

ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ

ਔਸਤ ਤੋਂ ਹੇਠਾਂ
784 sqft
0255075100
Same streetਹੇਠਲੇ 28%Same areaਹੇਠਲੇ 20%Citywideਹੇਠਲੇ 8%
Same street · Newton Avenue
#105 / 146
ਹੇਠਲੇ 28% · ਔਸਤ 988 sqft
Same area · Margaret Park
#542 / 676
ਹੇਠਲੇ 20% · ਔਸਤ 1,047 sqft
Citywide · ਵਿਨੀਪਿਗ
#178,771 / 194,458
ਹੇਠਲੇ 8% · ਔਸਤ 1,342 sqft

ਮੁਲਾਂਕਣ ਮੁੱਲ

ਔਸਤ
272k
0255075100
Same streetਹੇਠਲੇ 32%Same areaਹੇਠਲੇ 29%Citywideਹੇਠਲੇ 22%
Same street · Newton Avenue
#100 / 146
ਹੇਠਲੇ 32% · ਔਸਤ 292.2k
Same area · Margaret Park
#478 / 676
ਹੇਠਲੇ 29% · ਔਸਤ 304.6k
Citywide · ਵਿਨੀਪਿਗ
#151,134 / 194,458
ਹੇਠਲੇ 22% · ਔਸਤ 390.1k

ਤਰੀਕ ਤੋਂ ਬਣਿਆ

ਔਸਤ
1955
0255075100
Same streetਟਾਪ 40%Same areaਹੇਠਲੇ 16%Citywideਹੇਠਲੇ 34%

ਜ਼ਮੀਨ

ਔਸਤ
4,310 sqft
0255075100
Same streetਹੇਠਲੇ 48%Same areaਹੇਠਲੇ 26%Citywideਹੇਠਲੇ 31%

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.

ਆਵਾਜਾਈ ਅਤੇ ਪੈਦਲ ਚੱਲਣਯੋਗਤਾ

ਨੇੜੇ ਦੇ ਸਟਾਪ, ਰੂਟ ਅਤੇ ਟ੍ਰਾਂਜ਼ਿਟ ਸਕੋਰ

Nearby Amenities

Dining, education, healthcare, shopping & more

241 Newton Avenue — 11 amenities found within 500 m, across 5 categories, including 2 dining (nearest 319 m), 1 education (nearest 424 m), 1 shopping (nearest 317 m).

Search radius
🍽️Dining2
🏫Education1
🛒Shopping1
🌳Parks6
🏦Finance1

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%

ਵਿਕਰੀ ਦਾ ਇਤਿਹਾਸ

10/2022 ਵਿਚ ਵਿਕਿਆCA$250k–300k
ਵਿਕਰੀ ਮੁੱਲ

ਉਹੀ ਸਟ੍ਰੀਟ

ਹੇਠਲੇ 45%

ਉਹੀ ਇਲਾਕਾ

ਹੇਠਲੇ 38%

ਪੂਰਾ ਸ਼ਹਿਰ

ਹੇਠਲੇ 24%

Related homes

ਵਿਨੀਪਿਗ 241 Newton Avenue — ਵਿਸ਼ੇਸ਼ਤਾ ਅਤੇ ਸੰਬੰਧਿਤ ਸਵਾਲ

Property Overview: 241 Newton Avenue, Winnipeg

Key Characteristics & Appeal

This is a modest, mid-century home built in 1955, situated on a standard-sized lot in the Margaret Park neighbourhood. Its primary appeal lies in its affordability and position as a practical entry point into the Winnipeg housing market. At 784 sqft, the living space is compact—ranking below the local, area, and city averages—making it a true starter home or a solid investment property. The assessed value is proportionally lower, reflecting the home's scale, and it last sold in the $250k-$300k range in 2022.

The property suits first-time buyers prioritizing location and lot ownership over square footage, or investors looking for a manageable rental. A thoughtful perspective is that its "below average" size and value within its contexts are not necessarily drawbacks, but rather define its niche: it offers lower property taxes and less maintenance than larger comparables. It represents a chance to secure a detached home in a mature neighbourhood without the premium of a larger or renovated property.


Frequently Asked Questions

1. Is this house particularly small?
Yes. At 784 sqft, it is smaller than most homes on its street, in Margaret Park, and across Winnipeg. This is the defining characteristic of the property and is reflected in its price and assessed value.

2. What type of buyer is this best suited for?
It is ideally suited for a first-time homebuyer with a modest budget or an investor seeking a straightforward, lower-maintenance rental property. It is less suitable for those requiring significant living space.

3. How does the assessed value compare?
The assessed value of $27,200 is around average for Newton Avenue but below average for the wider Margaret Park area and the city. This suggests the property is valued in line with its immediate location but is a more affordable option within the broader market.

4. When was it last sold and for roughly how much?
The home was sold in 2022. Public data indicates the sale price was in the range of $250,000 to $300,000.

5. How can I find out the exact historical sale prices?
The exact sold prices are not published publicly. You can request this detailed history directly via the provided email service on the listing page, which manually supplies accurate figures.

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