Property score
39.7
Below average
Overall 39.7 · Smaller and older than most nearby homes
777 sqft (bottom 19%) · Built in 1915 (48 yrs older than avg)
Located in a above-average income area with median household income of ~67k
Transit 86.0 · 3-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
26% smaller than neighborhood avg.
Year Built
Below average
48 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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39.7 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
297 Margaret Avenue — 5 amenities found within 500 m, across 4 categories, including 1 dining (nearest 482 m), 1 education (nearest 417 m), 2 parks (nearest 215 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 29% | Bottom 32% | Bottom 22% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 297 Margaret Avenue
Section 1: Key Characteristics & Appeal
This home is a classic, compact property built in 1915, offering a grounded entry point into Winnipeg’s Margaret Park neighbourhood. Its key appeal lies in its affordability and lot size. With a living area of 777 sq ft, the house itself is modest—consistently ranking below average in size compared to neighbours, the local area, and the wider city. This positions it as a true starter home or a downsizing opportunity.
The assessed value is notably below local and city averages, suggesting a lower property tax burden and an accessible price point. A thoughtful perspective is the generous 3,984 sq ft lot, which is larger than many city-wide comparables. This presents a significant upside for buyers who value outdoor space over interior square footage, offering room for gardening, expansion, or simply more privacy than newer, denser lots typically provide.
This property would best suit pragmatic first-time buyers comfortable with a home that prioritizes function and lot potential over modern size expectations. It’s also a candidate for investors seeking a rental property with a stable, established neighbourhood character. The very vintage (1915) requires a buyer who is either comfortable with the charm and potential maintenance of an older home or sees it as a canvas for a thoughtful renovation.
Section 2: Frequently Asked Questions
1. What does "below average" in the rankings actually mean for a buyer?
It means this property is statistically more affordable and smaller than most homes in its comparison groups. This isn’t necessarily negative; it directly translates to a lower likely purchase price and property taxes, which is the core appeal for budget-conscious buyers.
2. The house is from 1915. What should I be most concerned about?
While systems like roofing, plumbing, and electrical may have been updated over time, a professional inspection is crucial to understand the condition of the foundation, insulation, and original materials. The age indicates potential for character but also for era-specific maintenance.
3. The lot is relatively large for the size of the house. Is that an advantage?
Yes, this is one of the property's less obvious strengths. In an established neighbourhood, a near 4,000 sq ft lot offers valuable outdoor space and future potential (like an addition or garage) that is often unavailable in newer subdivisions, providing long-term flexibility.
4. How reliable is the sold price range shown (CA$200k–250k in 2020)?
The range is based on public data. For precise historical pricing to inform your offer, you must request the exact sold price from the site via email, as they manually provide this detail to ensure accuracy.
5. Who are the "comparable homes" in these rankings?
Comparables are grouped on three levels: immediate neighbours on Margaret Avenue, homes within the broader Margaret Park area, and finally all residential properties across Winnipeg. This shows how the property stacks up in different contexts, from hyper-local to city-wide.
