62.1
Fair
Property score
62.1
Fair
Overall 62.1
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 94.0
1-min walk to transit with 4 nearby routes
Within 500m: 1 school, 3 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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62.1 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
323 Southall Drive — 5 amenities found within 500 m, across 3 categories, including 1 education (nearest 393 m), 3 parks (nearest 217 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 7% | Top 5% | Top 31% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 323 Southall Drive, Margaret Park, Winnipeg
Key Characteristics & Appeal
This 1,040 sqft bungalow, built in 1966, sits on a notably spacious 6,113 sqft lot in Margaret Park. Its primary appeal lies in its established neighbourhood setting and above-average land size, which offers room for gardening, expansion, or outdoor living relative to many city and local area lots. The home's assessed value ranks highly within its immediate area, suggesting it is viewed as a solid asset in its specific market context. While the living space is modest and typical for its era, the property’s value proposition is anchored in its lot and location rather than its interior square footage.
This home would suit a practical buyer looking for a stable, no-frills property in an established Winnipeg neighbourhood. It’s a candidate for a first-time homeowner comfortable with a home of vintage character, or an investor seeking a property with a good land-to-building ratio. Its appeal is more about long-term fundamentals and space potential than immediate modern luxury.
Frequently Asked Questions
1. How does this home’s value compare to its recent sale price?
The home sold for an estimated $400k-$450k in 2022. Its current assessed value is significantly lower at $35.4k, which is typical in Manitoba where property assessments for tax purposes are not intended to reflect market value. The 2022 sale price is the more relevant indicator of its recent market worth.
2. What does the "above average" assessed value ranking mean?
The home ranks in the top 23% on its street and top 15% in Margaret Park for assessed value. This indicates that, for tax assessment purposes, it is considered a higher-value property within this specific area, which may reflect its larger lot size and stable condition compared to immediate neighbours.
3. Is the lot size a significant feature?
Yes. At over 6,000 sqft, the lot ranks above average for both the wider city and the Margaret Park area. This is a key asset, providing more private outdoor space than many properties and potential for future upgrades like a larger deck, garage, or addition, subject to zoning.
4. What should I know about a home built in 1966?
Buyers should budget for updates common to homes of this age. While systems like roofing, plumbing, and electrical may have been updated, original components are nearing or past their typical lifespan. A thorough inspection is essential to understand the condition of major elements.
5. How can I get the exact historical sale price?
The provider offers a manual service to share the precise sale price from their records. You can submit your email via the "Get exact sold price history" button on the listing page, and they aim to reply with the accurate figure by the end of the same business day.
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