Property score
48.2
Below average
Overall 48.2 · Smaller and older than most nearby homes
987 sqft (bottom 29%) · Built in 1917 (46 yrs older than avg)
Located in a above-average income area with median household income of ~67k
Transit 86.0 · 3-min walk to transit with 4 nearby routes · Within 500m: 1 dining spot, 1 school, 2 parks, and 1 sports facility nearby
Living Area
Below average
6% smaller than neighborhood avg.
Year Built
Below average
46 yrs older 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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48.2 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
281 Margaret Avenue — 5 amenities found within 500 m, across 4 categories, including 1 dining (nearest 426 m), 1 education (nearest 470 m), 2 parks (nearest 254 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 13% | Bottom 4% | Bottom 5% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 281 Margaret Avenue
Key Characteristics & Appeal
This is a modest, century-old home (built 1917) on a standard-sized lot in Winnipeg's Margaret Park neighbourhood. Its primary appeal lies in its position as an accessible entry point into the market. The home is smaller (987 sqft) and has a significantly lower assessed value compared to most homes on its street, in its area, and across the city. This translates to a potentially lower price point and property tax burden.
The property would best suit a first-time buyer, an investor looking for a rental property, or a practical downsizer who prioritizes location and lot size over a modern or spacious interior. Its value is functional rather than luxurious. A thoughtful perspective is that a home of this age and valuation offers a clear "blank canvas" scenario—it appeals to those who see potential in adding value through renovations over time, rather than paying a premium for a recently updated property. The lot size is consistent with the area, offering standard outdoor space for the neighbourhood.
Frequently Asked Questions
1. Why is the assessed value so much lower than the city-wide average?
The assessed value is based on factors like the home's age, size, and condition. Being a smaller, older home in need of updates places it in a lower value bracket compared to the average Winnipeg home, which is newer and larger.
2. What does the "Top X%" ranking mean for me as a buyer?
These rankings compare this specific property against groups of similar homes. For example, being in the "Top 85%" for assessed value on its street means its value is in the bottom 15% of homes on Margaret Avenue. This is a quick way to see that this property is a more affordable option within its immediate context.
3. Is a house from 1917 a concern?
It means the core structure is over a century old. While it offers character, it necessitates a thorough inspection to understand the condition of major systems (like wiring, plumbing, and the foundation) and the potential need for updates, which should be factored into your budget.
4. How reliable are the sold price ranges shown?
The ranges are based on public data, which can sometimes be incomplete or approximate. For precise historical sale prices to inform your offer, you must request the exact data via the provided email service.
5. The home is below average in many metrics. Where does its value actually come from?
Its value is rooted in land ownership in an established neighbourhood at an accessible price. You are purchasing location and potential. The value is for a buyer willing to accept the existing condition or invest in improvements over time, rather than for someone seeking a move-in-ready, modern home.
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