Property score
61.8
Fair
Overall 61.8 · Larger than most nearby homes
1,278 sqft (top 11%) · Built in 1967 (4 yrs newer 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 school, 3 parks, and 1 sports facility nearby
Living Area
Above average
22% larger 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)
234
400k
$328/sqft
1963
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61.8 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
318 Southall Drive — 5 amenities found within 500 m, across 3 categories, including 1 education (nearest 366 m), 3 parks (nearest 221 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 34% | Top 15% | Top 41% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 14% | Bottom 45% | Bottom 27% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 318 Southall Drive, Margaret Park, Winnipeg
Key Characteristics & Appeal
This home at 318 Southall Drive is a standout property within its immediate neighbourhood of Margaret Park. Built in 1967, it offers 1,278 sqft of living space, which is notably above average for both its street and local area. Its most significant characteristic is its assessed value of $37.60k, which ranks in the top 5% on Southall Drive and the top 6% in Margaret Park, indicating it is a highly valued asset compared to its peers.
The appeal lies in its strong positional value. While its lot size is average for the area, the home itself is larger and more valuable than most surrounding properties. This suggests a well-maintained or updated home in a stable, established neighbourhood. It would particularly suit value-conscious buyers looking for a home with proven appreciation, as evidenced by its sale price increase from the $250k-$300k range in 2019 to $350k-$400k in 2023. It’s ideal for buyers who prioritize a home that outperforms its immediate neighbours in terms of space and municipal assessment, offering a sense of solidity and a strong foundation for future equity.
Frequently Asked Questions
1. What does the high assessed value ranking actually mean?
It means the city’s property assessment for this home is among the highest on its street and in the Margaret Park area. This typically reflects a combination of the home’s size, condition, improvements, and desirability relative to nearby houses, not just a high tax bill.
2. The home sold recently in 2023. Why is it likely back on the market?
The provided data shows sales in 2019 and 2023. The current listing is not necessarily a quick "flip"; the 2023 sale could have been a private transfer or the current owners may have had a genuine change in circumstance. Reviewing the exact price history (available by request) would provide clearer context.
3. Is the lot size a disadvantage?
At 5,494 sqft, the lot is average for Margaret Park. While not oversized, it is consistent with the neighbourhood and allows for standard yard space. The value here is invested more in the living space of the home itself.
4. How does this home compare to the Winnipeg average?
City-wide, this home is around average in most metrics, including size and assessed value. This highlights that its standout qualities are hyper-local. You’re buying a top-tier home for Margaret Park, which may offer different value than a similarly priced home in a different city district.
5. How can I verify the exact past sale prices?
The exact sold prices are not published publicly here. As noted on the detail page, you can request the precise history via email from the service, which compiles this data manually from non-public sources.
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