61.5
Fair
Property score
61.5
Fair
Overall 61.5
Compared with neighbourhood average
1,040 sqft (bottom 47%)
Built in 1966 (3 yrs newer than avg)
Located in a above-average income area
with median household income of ~83k
Transit 86.0
2-min walk to transit with 4 nearby routes
Within 500m: 1 school, 2 parks, and 1 sports facility nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Near average
1% smaller than neighborhood avg.
Year Built
Near average
3 yrs newer than neighborhood avg.
Mother tongue
English · 71%Tagalog · 6%
Past 10 years Margaret Park sales snapshot (~80% of all data)
234
400k
$328/sqft
1963
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61.5 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: #46110765
$83K
Median household income
$88K
Average household income
10%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.1
P90 / P10 ratio
20%
Single-person households
24%
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
291 Southall Drive — 4 amenities found within 500 m, across 3 categories, including 1 education (nearest 470 m), 2 parks (nearest 293 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 | Top 41% | Top 20% | Top 45% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 291 Southall Drive, Winnipeg
Key Characteristics & Appeal
This 1,040 sqft bungalow, built in 1966, sits on a generous 5,993 sqft lot in Margaret Park. Its primary appeal lies in its strong value proposition within its immediate area. While the home's living area is modest and typical for the neighbourhood, its assessed value ranks notably high on its street (top 15%) and in Margaret Park (top 10%), suggesting it is viewed favourably relative to its local peers. The lot size is also a standout feature for the wider area, ranking above average for the neighbourhood.
The property suits practical buyers looking for a solid, no-surprises home in an established community. It’s ideal for first-time homeowners or downsizers who prioritize lot space over expansive square footage and appreciate a home that holds its value well within its specific locale. A thoughtful perspective is that this home represents a stable, middle-ground option—it doesn’t lead in every category, but its above-average assessment and lot size indicate a property with dependable fundamentals in a mature setting.
Frequently Asked Questions
1. What does the "above average" assessed value ranking mean for me?
It indicates that, according to municipal assessment, this property holds more value relative to many of its direct neighbours and similar homes in Margaret Park. This can be a sign of desirable lot attributes, better condition, or favourable location within the area.
2. Is the living space smaller than average?
At 1,040 sqft, it is slightly below the average for comparable homes on its own street (~1,131 sqft) but is very close to the neighbourhood average. The floor plan efficiency and the potential of the full basement would be important to evaluate for your space needs.
3. How recent is the sale history, and what did it sell for?
The home sold between 2021 and 2025, with a public price range of CA$350,000–$400,000. The exact sale price is available upon direct request from the listing service.
4. What are the implications of the home being built in the 1960s?
This is typical for the area. Buyers should budget for updates to aging components like windows, roof, or mechanical systems, and investigate if any major renovations have already been completed. The era also often means simpler, functional layouts and a sturdy build.
5. How does the lot size compare?
The lot is a key feature. At nearly 6,000 sqft, it is larger than many lots in the wider Winnipeg area and ranks above average within Margaret Park itself, offering good potential for outdoor space, gardening, or future expansion, subject to local bylaws.
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