Property score
41.9
Below average
Overall 41.9 · Older than most nearby homes
1,038 sqft (bottom 39%) · Built in 1926 (37 yrs older than avg)
Located in a below-average income area with median household income of ~44.4k
Transit 92.0 · 3-min walk to transit with 5 nearby routes · Within 500m: 1 dining spot, 2 parks, and 1 sports facility nearby
Living Area
Below average
1% smaller than neighborhood avg.
Year Built
Below average
37 yrs older 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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41.9 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
264 Margaret Avenue — 4 amenities found within 500 m, across 3 categories, including 1 dining (nearest 350 m), 2 parks (nearest 275 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 32% | Bottom 34% | Bottom 23% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 23% | Bottom 25% | Bottom 17% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 264 Margaret Avenue
Key Characteristics & Appeal
This home presents a classic Winnipeg opportunity, balancing character with practicality. Its key appeal lies in its generous, above-average lot size for the immediate street—nearly 5,000 sqft—offering valuable outdoor space and potential in a mature neighbourhood. The house itself, built in 1926, is a compact bungalow-style layout with just over 1,000 sqft of living space, placing it around the neighbourhood average. The assessed value is notably below average for the area, which can signal different things: for some, it suggests an entry point into a stable neighbourhood; for others, it may indicate a home that would benefit from modernization.
Its charm is rooted in its established setting on Margaret Avenue, with similar vintage homes nearby. It would suit a first-time buyer or practical investor comfortable with a home of this era, who values land over sheer interior size. The price history suggests steady, modest appreciation, appealing to those seeking a grounded, long-term hold rather than a quick flip. A thoughtful buyer might see the below-average assessment not just as a discount, but as a canvas to add value through updates, thereby increasing both livability and future equity.
Frequently Asked Questions
1. What does the below-average assessed value actually mean?
It means the city's tax assessment is lower than most homes on the street and in the Margaret Park area. This can result in relatively lower property taxes, but it often reflects the home's age, size, and condition compared to neighbours. It’s a starting point for value, not a direct market price.
2. Is the lot size a significant advantage?
Yes. The lot is larger than most on the block, which is a permanent asset. This provides more yard space, better potential for additions or landscaping, and typically holds inherent value even if the house itself is modest.
3. As a 100-year-old home, what should I be prepared for?
You should budget for and inspect the major systems common to homes of this era: the foundation, roof, plumbing, and wiring. While these can be sound, understanding their condition and expected lifespan is crucial. The charm of older homes comes with a responsibility for proactive maintenance.
4. How stable is the value in this location?
Sales data shows consistent, gradual increases over recent years. The property doesn't exhibit volatile price swings, suggesting it's in a stable, non-speculative part of the market. This points to a reliable, if not explosive, equity build over time.
5. Where can I see more detailed neighbourhood data?
You can use the provided link to open the neighbourhood map analysis. This tool allows you to visually compare this property with nearby homes based on year built, lot size, living area, and assessed value directly on a map.
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.
