56.7
Fair
Property score
56.7
Fair
Overall 56.7
Compared with neighbourhood average
1,040 sqft (bottom 47%)
Built in 1967 (4 yrs newer than avg)
Located in a above-average income area
with median household income of ~67k
Transit 92.0
3-min walk to transit with 5 nearby routes
Within 500m: 1 dining spot, 2 parks, and 1 sports facility nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Near average
1% smaller than neighborhood avg.
Year Built
Near average
4 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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56.7 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
254 Southall Drive — 4 amenities found within 500 m, across 3 categories, including 1 dining (nearest 388 m), 2 parks (nearest 335 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 45% | Bottom 27% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
254 Southall Drive is a well-established home in Winnipeg's Margaret Park neighbourhood. Built in 1967, it offers 1,040 sqft of living space on a 5,494 sqft lot. Its assessed value of $34,300 is above average for the immediate area. The home presents a classic, no-frills profile that holds specific appeal for certain buyers.
Key Characteristics & Appeal
This property is defined by its consistency and established neighbourhood context. Its living space, lot size, and assessed value all rank solidly in the middle of the pack when compared to its immediate street, the wider Margaret Park area, and the city overall. This isn't a standout luxury home or a major fixer-upper; it's a straightforward, average-sized property in a mature area.
The appeal lies in its stability and potential as a practical entry point into the housing market. For a first-time homebuyer or an investor, it represents a known quantity without extreme highs or lows in its metrics. The lot size is a particular asset, offering a generous outdoor space that is larger than many city-wide comparables. The above-average assessed value for Margaret Park suggests the property is viewed favorably within its specific community context, which could indicate well-maintained neighbouring properties or a desirable micro-location.
This home would best suit a buyer looking for a pragmatic, long-term hold rather than a quick renovation flip. It’s ideal for someone content with a home that reflects the reliable, post-war construction of its era and who values a larger yard over a more modern floor plan. It’s a property for those who see value in neighbourhood character and lot size, understanding that any updates would be for personal enjoyment rather than for chasing dramatic resale premiums.
Frequently Asked Questions
1. Is this a good value for the area?
The data suggests it is fairly priced within its context. Its assessed value is above the Margaret Park average, but its living space is slightly below the local average, indicating the value may be tied more to its lot and location on the street than to the size of the home itself.
2. What should I know about a home built in 1967?
You can expect solid construction typical of the era, but be prepared for potential updates. Key systems like the roof, windows, plumbing, and electrical may be nearing or past their typical lifespans and should be carefully inspected.
3. How does the lot size compare?
At nearly 5,500 sqft, the lot is a significant feature. It's larger than many city lots and provides ample private outdoor space, which is a growing priority for many buyers and not always found in homes at this price point.
4. Why is the sold price from 2019 listed as a range?
The exact sale price is not publicly available in Manitoba. The provided range is an estimate based on available assessment and market data. You can request the exact historical price from the site via email.
5. What’s the neighbourhood like?
Margaret Park is a mature, established neighbourhood. The fact that this home's year built ranks highly on its own street (Top 14%) suggests Southall Drive may have a concentration of well-kept, older homes, pointing to a stable, settled community feel.
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