290 Margaret Avenue

Margaret Park, Winnipeg

Property score

27.6

Below average

Overall 27.6 · Smaller and older than most nearby homes

640 sqft (bottom 2%) · Built in 1930 (33 yrs older than avg)

Located in a below-average income area with median household income of ~44.4k

Transit 86.0 · 4-min walk to transit with 4 nearby routes · Within 500m: 1 dining spot, 1 school, 3 parks, and 1 sports facility nearby

Living Area

Below average

39% smaller than neighborhood avg.

Year Built

Below average

33 yrs older than neighborhood avg.

Mother tongue

English · 66%Tagalog · 9%

Past 10 years Margaret Park sales snapshot (~80% of all data)

Sold Count

234

Median price

400k

$/sqft

$328/sqft

Avg build year

1963

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Property score

27.6 is composed by the two sections below.

Property Score

21.7Low
Living Area640 sqft15Low
Year Built193022Low
Lot Size3,996 sqft46Low
Neighbourhood Sales Activity28Low

Community Score

36.4Low
Household Income45Low
Education Level22Low
Housing Stress42Low
Core Housing Need25Low
Employment Health28Low

Neighbourhood Sales

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110016

Community deep dive

$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

Population, labour & age

Population (2021)517
Labour force participation rate49%
Median age52.0
Avg household size1.8
Unemployment rate29%
Population density1988 / km²

Households & income

Low income (LIM-AT, % pop.)26%
Single-person households58%
Couple families with children16%
Median household income (2020)$44K

Housing

Renter households64%
Condominium dwellings0%
Median dwelling value (owners)$272K

Diversity, education & language

Immigrants (share of pop.)27%
Visible minority37%
Bachelor's or higher (25–64)12%
Mother tongue (1st)English · 66%
Mother tongue (2nd)Tagalog · 8%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

below average
640 sqft
0255075100
Same streetBottom 2%Same areaBottom 2%CitywideBottom 2%
Same street · Margaret Avenue
#87 / 89
Bottom 2% · Avg 1,084 sqft
Same area · Margaret Park
#665 / 676
Bottom 2% · Avg 1,047 sqft
Citywide · Winnipeg
#191,451 / 194,458
Bottom 2% · Avg 1,342 sqft

Tax-Assessed Value

below average
200k
0255075100
Same streetBottom 6%Same areaBottom 4%CitywideBottom 8%
Same street · Margaret Avenue
#84 / 89
Bottom 6% · Avg 299.3k
Same area · Margaret Park
#651 / 676
Bottom 4% · Avg 304.6k
Citywide · Winnipeg
#178,487 / 194,458
Bottom 8% · Avg 390.1k

Year Built

around average
1930
0255075100
Same streetBottom 31%Same areaBottom 9%CitywideBottom 18%

Lot Size

below average
3,996 sqft
0255075100
Same streetBottom 18%Same areaBottom 22%CitywideBottom 25%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

290 Margaret Avenue — 6 amenities found within 500 m, across 4 categories, including 1 dining (nearest 431 m), 1 education (nearest 422 m), 3 parks (nearest 202 m).

Search radius
🍽️Dining1
🏫Education1
🌳Parks3
💪Sports1

Crime & Safety

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%

Sales History

Sold 6/2020CA$100k–150k
Sold price

Same street

Bottom 3%

Same area

Bottom 1%

City-wide

Bottom 3%

Related homes

Highlights & common questions: 290 Margaret Avenue, Winnipeg

Property Overview: 290 Margaret Avenue, Winnipeg

Key Characteristics & Appeal

This is a compact, character home built in 1930, situated on a standard-sized lot in the Margaret Park neighbourhood. Its key defining characteristic is its modest scale: at 640 sqft, the living area is notably smaller than most homes in the immediate area, citywide, and even among its older peers on Margaret Avenue. This is reflected in its assessed value of $200k, which is significantly below the Winnipeg average.

The primary appeal lies in its position as an accessible entry point into the Winnipeg market. It represents a lower financial barrier to homeownership, potentially offering lower property taxes and utility costs due to its size. The lot, while below average for the city, provides outdoor space that is generous for the home's footprint. It last sold between $100k-$150k in 2020, suggesting a history as a value-oriented property.

This home would best suit a first-time buyer, an investor looking for a rental property, or a minimalist seeking a manageable space without a large yard to maintain. It’s a practical choice for someone prioritizing location within their budget over interior square footage. A less obvious perspective is that its older construction date (1930) might appeal to those interested in a home with pre-war character, though it likely requires a buyer comfortable with the maintenance and potential updates that come with a near-century-old structure.

Frequently Asked Questions

1. Why is the assessed value so much lower than the citywide average?
The assessed value is directly tied to the home's relatively small living area (640 sqft) and its age. It is consistently ranked in the bottom tiers for both value and size compared to other Winnipeg properties.

2. What does the ranking "Top 98%" for Living Area actually mean?
This statistic indicates that 98% of comparable homes in Winnipeg have a larger living area. In simpler terms, this home is in the smallest 2% by size when compared citywide.

3. How reliable is the sold price range shown for 2020?
The provided range ($100k-$150k) is based on public data. For the exact sale price, you must request it directly via the email service mentioned, as the company verifies and provides this detail manually.

4. Is the lot size a positive feature?
At just under 4,000 sqft, the lot is below the city average but is a typical size for its street and neighbourhood. It offers a balanced outdoor space that is manageable without being overly demanding.

5. Who should be cautious about this property?
Buyers with growing families or those who work from home and need dedicated office space may find the 640 sqft layout too restrictive. It necessitates efficient use of space and may not accommodate significant future needs without an addition.

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