294 Southall Drive

Margaret Park, Winnipeg

Property score

56.7

Fair

Overall 56.7 · Compared with neighbourhood average

1,040 sqft (bottom 47%) · Built in 1967 (4 yrs newer 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 school, 3 parks, and 1 sports facility nearby

Living Area

Near average

1% smaller than neighborhood avg.

Year Built

Near average

4 yrs newer than neighborhood avg.

Mother tongue

English · 68%Tagalog · 7%

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

56.7 is composed by the two sections below.

Property Score

53.0Fair
Living Area1,040 sqft52Fair
Year Built196752Fair
Lot Size5,494 sqft67Good
Neighbourhood Sales Activity28Low

Community Score

62.3Fair
Household Income68Good
Education Level34Low
Housing Stress63Fair
Core Housing Need76Good
Employment Health76Good

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: #46110763

Community deep dive

$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

Population, labour & age

Population (2021)504
Labour force participation rate65%
Median age42.8
Avg household size2.4
Unemployment rate3%
Population density3600 / km²

Households & income

Low income (LIM-AT, % pop.)14%
Single-person households30%
Couple families with children23%
Median household income (2020)$67K

Housing

Renter households39%
Condominium dwellings0%
Median dwelling value (owners)$240K

Diversity, education & language

Immigrants (share of pop.)23%
Visible minority36%
Bachelor's or higher (25–64)15%
Mother tongue (1st)English · 68%
Mother tongue (2nd)Tagalog · 6%

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

Rankings

Living Area

around average
1,040 sqft
0255075100
Same streetBottom 42%Same areaBottom 47%CitywideBottom 32%
Same street · Southall Drive
#42 / 73
Bottom 42% · Avg 1,131 sqft
Same area · Margaret Park
#358 / 676
Bottom 47% · Avg 1,047 sqft
Citywide · Winnipeg
#132,478 / 194,458
Bottom 32% · Avg 1,342 sqft

Tax-Assessed Value

around average
321k
0255075100
Same streetBottom 12%Same areaTop 47%CitywideBottom 36%
Same street · Southall Drive
#64 / 73
Bottom 12% · Avg 340.5k
Same area · Margaret Park
#316 / 676
Top 47% · Avg 304.6k
Citywide · Winnipeg
#124,763 / 194,458
Bottom 36% · Avg 390.1k

Year Built

above average
1967
0255075100
Same streetTop 14%Same areaTop 34%CitywideBottom 49%

Lot Size

around average
5,494 sqft
0255075100
Same streetBottom 40%Same areaTop 34%CitywideTop 44%

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

294 Southall Drive — 5 amenities found within 500 m, across 3 categories, including 1 education (nearest 430 m), 3 parks (nearest 242 m).

Search radius
🏫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 11/2021CA$300k–350k
Sold price

Same street

Top 48%

Same area

Top 24%

City-wide

Top 49%
Sold 7/2019CA$250k–300k
Sold price

Same street

Bottom 7%

Same area

Bottom 41%

City-wide

Bottom 26%

Related homes

Highlights & common questions: 294 Southall Drive, Winnipeg

Property Overview: 294 Southall Drive, Margaret Park, Winnipeg

Section 1: Key Characteristics & Appeal

This home at 294 Southall Drive is a classic, mid-century bungalow built in 1967, offering a practical and grounded living opportunity in Winnipeg's Margaret Park neighborhood. Its key appeal lies in its established setting and manageable scale, presenting a straightforward canvas for a homeowner.

The 1,040 sqft living space and 5,494 sqft lot are consistently "around average" when compared to the immediate street, the wider Margaret Park area, and the city as a whole. This positions the property as a typical example of its kind, neither exceptionally large nor small. A notable characteristic is its assessed value, which is notably "below average" for Southall Drive itself, potentially indicating a value proposition relative to its closest neighbors. The home suits first-time buyers seeking an entry into a stable neighborhood, practical downsizers looking for a manageable property without a premium lot size, or value-oriented investors attracted to a home with fundamental utility and a lower assessed value point for the street.

A less obvious perspective is that a home ranking "above average" for its year built on the street (it's newer than most directly around it) yet with a "below average" assessment could suggest an opportunity for value appreciation through updates, making it a sensible target for those with renovation plans.

Section 2: Frequently Asked Questions

1. How does the property's value compare to recent sales?
The home last sold between $300k-$350k in 2021, a price that ranked around the area average at that time. An earlier 2019 sale was in the $250k-$300k range.

2. What does the "below average" assessed value on the street mean?
While its assessed value is around average for the wider area, it ranks lower (Top 88%) compared to the 73 homes specifically on Southall Drive. This could be due to a variety of factors, including the home's condition, specific features, or the timing of the assessment relative to upgrades made on other homes on the street.

3. Is the lot size a constraint?
At just under 5,500 sqft, the lot is typical for the area. It provides adequate outdoor space for gardening or recreation but is not an exceptionally large parcel. It's well-suited for those preferring less yard maintenance.

4. How can I find out the exact historical sale prices?
The listed sale prices are ranges based on public data. The exact, precise sale prices are available by request via email from the listing service, which provides them manually without marketing spam.

5. How does this home fit within the immediate neighborhood?
You can view a detailed neighborhood analysis map to see this property in direct visual comparison to nearby homes, evaluating differences in year built, living area, lot size, and assessed value side-by-side.

Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.