53.2
Fair
Property score
53.2
Fair
Overall 53.2
Larger than most nearby homes
1,278 sqft (top 11%)
Built in 1965 (2 yrs newer than avg)
Located in a below-average income area
with median household income of ~44.4k
Transit 94.0
2-min walk to transit with 4 nearby routes
Within 500m: 1 school, 5 parks, 1 sports facility, and 1 bank/ATM nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Above average
22% larger than neighborhood avg.
Year Built
Below average
2 yrs newer than neighborhood avg.
Mother tongue
English · 66%Tagalog · 9%
Past 10 years Margaret Park sales snapshot (~80% of all data)
234
400k
$328/sqft
1963
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53.2 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: #46110016
$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
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
3 Veronica Bay — 9 amenities found within 500 m, across 5 categories, including 1 education (nearest 167 m), 5 parks (nearest 80 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 1% | Top 31% | Bottom 46% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 3 Veronica Bay, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 3 Veronica Bay in Margaret Park is a property defined by its generous lot and solid positioning within its established neighbourhood. Built in 1965, it offers a living space of 1,278 sqft, which is typical for the immediate street but above average for the wider Margaret Park area. The standout feature is the land itself—a 9,239 sqft lot that ranks in the top 2% within Margaret Park, offering exceptional outdoor space potential that is rare for the city.
Its appeal lies in this combination of a well-sized home on a premium, expansive lot in a mature neighbourhood. The assessed value is above average for Margaret Park, suggesting the property is recognized for its desirable location and lot size. It would particularly suit buyers who value space and privacy over a brand-new build, such as families looking for room to grow, garden, or play, or those interested in the long-term potential of a large lot in a central area. It’s a property for someone who sees the land as a primary asset.
Section 2: Frequently Asked Questions
1. How does the home’s size compare to others?
The living area is about average for Veronica Bay street but is actually above average when compared to all homes in the Margaret Park neighbourhood, offering more interior space than many local properties.
2. What makes this property stand out in Margaret Park?
The nearly 9,250 sqft lot is the key differentiator. It places in the elite top 2% for land area in Margaret Park, meaning very few properties in the area offer this much outdoor space.
3. Is the assessed value high for the area?
Yes, its assessed value ranks in the top 13% for Margaret Park, which is above average. This likely reflects the premium value placed on its large lot and desirable location within the neighbourhood.
4. What should I consider about the home’s age?
Built in 1965, the home is older than most on its specific street but is around the average age for the wider neighbourhood and city. Buyers should factor in the potential for updates or maintenance typical of a home from this era.
5. How can I find out the exact historical sale price?
The listed sale price range is based on public data. To obtain the exact sold price from its last transaction in 2019, you can request it via email through the listing page. This service is provided manually without marketing spam.
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