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
6-min walk to transit with 4 nearby routes
Within 500m: 1 park, and 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
243 Seaforth Avenue — 2 amenities found within 500 m, across 2 categories, including 1 parks (nearest 488 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 14% | Bottom 6% | Bottom 6% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 243 Seaforth Avenue, Margaret Park, Winnipeg
Key Characteristics & Appeal
This 672 sqft bungalow, built in 1971, sits on a 3,410 sqft lot in Winnipeg's Margaret Park neighbourhood. Its primary appeal lies in its position as a modest, entry-level property with a below-average assessed value. The home is notably smaller than most in the city, but it ranks more competitively within its immediate street and neighbourhood context, suggesting it fits the local area's scale.
The property would suit first-time buyers, downsizers, or investors seeking an affordable foothold in a stable neighbourhood. Its lower taxes, due to the assessed value, are a practical advantage. A thoughtful perspective is that while the home is compact, its lot size is relatively average for the street, offering typical outdoor space for the area. Additionally, being newer than many homes on the block could mean fewer immediate age-related issues compared to neighbours.
Frequently Asked Questions
1. How does this home’s size compare to others nearby?
At 672 sqft, the living area is below the Winnipeg average but is closer to the norm for Seaforth Avenue itself. It’s a compact home, typical of many in this specific part of Margaret Park.
2. What does the assessed value indicate?
The assessed value is below average for the street, neighbourhood, and city. This generally translates to lower property taxes, which is a key cost-saving feature for the right buyer.
3. Is the lot a good size?
The lot is around average for Seaforth Avenue but smaller than typical lots in wider Margaret Park and Winnipeg. It provides standard outdoor space for this specific street.
4. How can I find out the exact past sale price?
The listed sale price is a public data range. You can request the exact historical sale price by emailing via the provided form on the listing page; the service aims to reply by the end of the same day.
5. Where can I see more context about the surrounding houses?
You can open the neighbourhood analysis page to view this property on a map alongside nearby homes, comparing details like year built, living area, and lot size.
Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.
