Property score
45.0
Below average
Overall 45.0 · Smaller and older than most nearby homes
816 sqft (bottom 22%) · Built in 1946 (17 yrs older than avg)
Located in a above-average income area with median household income of ~67k
Transit 86.0 · 4-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
22% smaller than neighborhood avg.
Year Built
Below average
17 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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45.0 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: #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
289 Margaret Avenue — 5 amenities found within 500 m, across 4 categories, including 1 dining (nearest 451 m), 1 education (nearest 446 m), 2 parks (nearest 235 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 26% | Bottom 26% | Bottom 17% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 289 Margaret Avenue, Winnipeg
Key Characteristics & Appeal
This home at 289 Margaret Avenue is a modest, 816 sqft bungalow built in 1946, situated on a 3,984 sqft lot in the Margaret Park neighbourhood. Its key characteristic is its value positioning. With a recent sold price between $200k-$250k and a $210k assessed value, it sits well below the city-wide average for homes. The data indicates it ranks in the bottom tiers for size and lot dimensions compared to both local and city-wide peers, but this translates directly to its accessibility.
The appeal lies in its function as a practical entry point into the Winnipeg housing market. It suits first-time buyers, investors seeking a rental property, or downsizers looking for a manageable, low-maintenance footprint without a high price tag. A thoughtful perspective is that a smaller, older home like this on a standard lot offers the "blank slate" potential that many newer, maximized infill properties do not. It presents an opportunity for personalization or future expansion (subject to permits and feasibility) that might be more costly to undertake on a already-renovated or larger property.
Frequently Asked Questions
1. Is this home significantly smaller than others in the area?
Yes. At 816 sqft, the living area is below the average for Margaret Park (approx. 1,084 sqft) and well below the Winnipeg city average.
2. What does the assessed value tell me about the property taxes?
The assessed value of $210k is the city's valuation for taxation purposes. You can estimate annual property taxes by applying the current municipal tax rate to this value. It's notably lower than the city-wide average assessed value.
3. The home was built in 1946. What should I consider?
As an 80-year-old home, a thorough inspection is essential. While it offers classic character, potential buyers should budget for updates to major aging systems (like plumbing, electrical, or the roof) and anticipate energy efficiency that may not match modern standards.
4. The lot seems smaller than average. Is that a disadvantage?
The lot is under 4,000 sqft, which is smaller than many in the city. This means less exterior maintenance and yard work, which can be a plus for some. However, it also means limited space for large additions, pools, or extensive landscaping.
5. How can I find out the exact price it last sold for?
The provided sold price is a public data range. To obtain the exact sale price from the 2023 transaction, you must request it directly via the email service mentioned on the listing page, as this information is not publicly disclosed in full detail.
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