44.0
Below average
Property score
44.0
Below average
Overall 44.0
Smaller and older than most nearby homes
770 sqft (bottom 19%)
Built in 1948 (15 yrs older than avg)
Located in a above-average income area
with median household income of ~73k
Transit 94.0
2-min walk to transit with 4 nearby routes
Within 500m: 1 dining spot, 2 schools, 2 shops, and 5 parks nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
26% smaller than neighborhood avg.
Year Built
Below average
15 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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44.0 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
287 Leila Avenue — 11 amenities found within 500 m, across 5 categories, including 1 dining (nearest 496 m), 2 education (nearest 381 m), 2 shopping (nearest 400 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 40% | Bottom 25% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 287 Leila Avenue, Winnipeg
Key Characteristics & Buyer Appeal
This home at 287 Leila Avenue in Margaret Park is a classic, no-frills property that presents a clear value-oriented opportunity. Built in 1948, its 770 sqft living area and $23.5k assessed value are notably below averages for its street, neighbourhood, and the wider city. This positions it as one of the more accessible entry points into the Winnipeg market. The appeal lies in its fundamentals: a manageable size on a decent 4,354 sqft lot, with a recent sale history (2024) providing concrete market context. It suits practical, budget-conscious buyers such as first-time homeowners willing to put in sweat equity, investors looking for a straightforward rental property, or those seeking a minimal footprint without a large mortgage. A less obvious perspective is that its lower assessed value can translate to relatively lower property taxes, a recurring cost savings. While it doesn't rank high in size or modern features, it offers a grounded starting point in a stable neighbourhood.
Frequently Asked Questions
1. What does it mean that the home's metrics are "below average"?
The home's living area, assessed value, and year built are below the typical averages for comparable homes on Leila Avenue, in Margaret Park, and across Winnipeg. This isn't necessarily negative; it primarily indicates a smaller, older, and more modestly valued property compared to others, which is reflected in its price point.
2. How recent is the sale history, and why is the price shown as a range?
The property sold in 2024. The sold price is shown as a range (CA$250k–300k) because it is based on publicly available data. The listing service offers to provide the exact sold price via email upon request.
3. Who would this property be a good fit for?
It's well-suited for first-time buyers or investors with a limited budget who are comfortable with a home that may require updates. Its manageable scale also appeals to those looking to downsize or minimize their living costs and property tax burden.
4. Is the lot size a positive feature?
The land area is about average city-wide but below average for the immediate area. It provides adequate outdoor space for a home of this size but is not an unusually large lot. It's a practical, standard-sized urban plot.
5. How can I get more context about this specific location?
You can use the provided link to "Open neighbourhood map analysis," which allows you to see this property on a map alongside nearby houses, comparing details like year built, living area, and lot size visually.
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