Property score
53.6
Fair
Overall 53.6 · Older than most nearby homes
1,066 sqft (top 49%) · Built in 1928 (35 yrs older than avg)
Located in a above-average income area with median household income of ~73k
Transit 94.0 · 1-min walk to transit with 4 nearby routes · Within 500m: 2 dining spots, 1 school, 3 shops, and 5 parks nearby
Living Area
Near average
2% larger than neighborhood avg.
Year Built
Below average
35 yrs older than neighborhood avg.
Mother tongue
English · 66%Tagalog · 18%
Past 10 years Margaret Park sales snapshot (~80% of all data)
234
400k
$328/sqft
1963
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53.6 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: #46110015
$73K
Median household income
$77K
Average household income
9%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.5
P90 / P10 ratio
31%
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
267 Leila Avenue — 12 amenities found within 500 m, across 5 categories, including 2 dining (nearest 437 m), 1 education (nearest 353 m), 3 shopping (nearest 345 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 41% | Bottom 26% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 267 Leila Avenue, Margaret Park, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 267 Leila Avenue is a practical, no-frills property that presents a clear value proposition. Built in 1928, it is one of the older homes in the Margaret Park area, featuring 1,066 sqft of living space on a 4,000 sqft lot. Its standout characteristic is its assessed value of $25,800, which is notably below average for the street, neighbourhood, and city. This creates a lower entry point into the market.
The appeal lies in its affordability and potential. It suits a specific type of buyer: the hands-on homeowner, the strategic investor, or the budget-conscious first-time buyer who sees opportunity in a property that may require updates. It’s not a move-in-ready showpiece, but a canvas. A thoughtful perspective is that its lower assessment could translate to relatively lower property taxes, a recurring cost savings that adds to its affordability over time. This home is for those prioritizing financial flexibility and long-term equity building over immediate modern finishes, and who are comfortable in a neighbourhood of mixed-era homes.
Section 2: Frequently Asked Questions
1. What does "below average" assessed value really mean for a buyer?
It indicates the city's valuation for tax purposes is low compared to nearby homes. This can mean lower annual property taxes, but it also often reflects the home's age, condition, or smaller size. It's a key sign that this is a value-priced listing, not a premium one.
2. The home is almost 100 years old. What should I be most concerned about?
While charm can come with age, priority inspections should focus on the foundational structure, the roof, the electrical system (which may not be modern), and plumbing. These are the major systems where age-related issues could represent significant future investments.
3. The lot size is smaller than average. Is that a major drawback?
It depends on your lifestyle. It means less yard maintenance, which can be a positive for some. However, it also limits expansion possibilities, like adding a large addition or garage, more than a larger lot would.
4. The home sold between 2022-2025. What can that recent sale history tell me?
A sale in the last few years suggests the market has recently established a value for it. Requesting the exact sold price (as the listing suggests) is crucial. It will show if it’s being re-listed for a quick profit (flip) or if the current price is close to its last purchase price, which could indicate motivated sellers.
5. Who are the most likely neighbours or what's the community like?
Looking at the nearby properties listed, you have direct neighbours on Leila Avenue with similar vintage homes. The "similar assessed value" list shows homes in various other neighbourhoods, but not necessarily similar styles. This suggests Margaret Park is a mixed-value area, not a uniformly high-end suburb, offering a more diverse community feel.
