66.6
Good
Property score
66.6
Good
Overall 66.6
Larger than most nearby homes
1,232 sqft (top 18%)
Built in 1966 (3 yrs newer than avg)
Located in a above-average income area
with median household income of ~83k
Transit 100.0
1-min walk to transit with 5 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
Above average
18% larger 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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66.6 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
331 Southall Drive — 5 amenities found within 500 m, across 3 categories, including 1 education (nearest 377 m), 3 parks (nearest 201 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 14% | Top 6% | Top 32% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 331 Southall Drive, Winnipeg
Key Characteristics & Appeal
This home at 331 Southall Drive in Margaret Park is a well-positioned property that stands out for its above-average space and value within its immediate neighborhood. Built in 1966, it is a classic Winnipeg bungalow of its era. The key appeal lies in its generous proportions: at 1,232 sqft, the living area is notably larger than most comparable homes on its street and in the Margaret Park area. This is complemented by a substantial lot of nearly 6,000 sqft, which is above average for the wider neighborhood, offering valuable outdoor space.
The home’s assessed value ranks highly within Margaret Park, suggesting it is considered a solid asset in the local market. Its last known sale was in the 2022-2025 period, providing a relatively recent market benchmark. This property would best suit practical buyers looking for established-character homes with more interior room and yard space than is typical for the area, without venturing into premium price tiers. It’s a sensible choice for those who value neighborhood-level value over city-wide comparisons, offering a comfortable footprint in a mature community.
Frequently Asked Questions
1. How does this home truly compare to others nearby?
The data shows it ranks highly for both living area and assessed value on its own street and in Margaret Park. This means you’re getting more interior space than most direct neighbors, and the official assessment reflects that added substance. City-wide, it’s more average, highlighting that its prime advantages are relative to its specific, established community.
2. What does the assessed value indicate?
With an assessed value that places it in the top 6% for Margaret Park, this property is formally valued significantly higher than most in the neighborhood. This often correlates with factors like lot size, living area, and general condition, and can be a marker of stability and lower relative property tax risk compared to homes with rapidly climbing assessments.
3. Is the lot size a major feature?
Yes, particularly in the context of Margaret Park. The lot is above average for the neighborhood, which is a less obvious but valuable asset. It provides greater privacy, landscaping potential, and future flexibility than many nearby properties, a perk that becomes harder to find in mature areas.
4. The home was built in 1966. What should I consider?
As a home from the mid-1960s, expect classic bungalow layout and construction. Its age is typical for the street and area. The consideration isn’t that it’s old, but that its maintenance and updates (like roofing, windows, electrical, or plumbing) will be key factors in its current condition and value.
5. How can I find out the exact past sale price?
The listed sale price is a range based on public data. The exact, verified sold price is available by request from the listing source. You can provide your email to receive it; they state this is done manually with a same-day turnaround and no marketing spam.
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