334 Southall Drive

Margaret Park, Winnipeg

Property score

56.7

Fair

Overall 56.7 · Compared with neighbourhood average

1,010 sqft (bottom 32%) · Built in 1966 (3 yrs newer than avg)

Located in a above-average income area with median household income of ~67k

Transit 100.0 · 2-min walk to transit with 5 nearby routes · Within 500m: 1 school, 3 parks, and 1 sports facility nearby

Living Area

Below average

4% smaller than neighborhood avg.

Year Built

Near average

3 yrs newer than neighborhood avg.

Mother tongue

English · 68%Tagalog · 7%

Past 10 years Margaret Park sales snapshot (~80% of all data)

Sold Count

234

Median price

400k

$/sqft

$328/sqft

Avg build year

1963

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Property score

56.7 is composed by the two sections below.

Property Score

53.0Fair
Living Area1,010 sqft52Fair
Year Built196652Fair
Lot Size5,494 sqft67Good
Neighbourhood Sales Activity28Low

Community Score

62.3Fair
Household Income68Good
Education Level34Low
Housing Stress63Fair
Core Housing Need76Good
Employment Health76Good

Neighbourhood Sales

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110763

Community deep dive

$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

Population, labour & age

Population (2021)504
Labour force participation rate65%
Median age42.8
Avg household size2.4
Unemployment rate3%
Population density3600 / km²

Households & income

Low income (LIM-AT, % pop.)14%
Single-person households30%
Couple families with children23%
Median household income (2020)$67K

Housing

Renter households39%
Condominium dwellings0%
Median dwelling value (owners)$240K

Diversity, education & language

Immigrants (share of pop.)23%
Visible minority36%
Bachelor's or higher (25–64)15%
Mother tongue (1st)English · 68%
Mother tongue (2nd)Tagalog · 6%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

around average
1,010 sqft
0255075100
Same streetBottom 5%Same areaBottom 32%CitywideBottom 27%
Same street · Southall Drive
#69 / 73
Bottom 5% · Avg 1,131 sqft
Same area · Margaret Park
#457 / 676
Bottom 32% · Avg 1,047 sqft
Citywide · Winnipeg
#141,867 / 194,458
Bottom 27% · Avg 1,342 sqft

Tax-Assessed Value

around average
282k
0255075100
Same streetBottom 1%Same areaBottom 32%CitywideBottom 25%
Same street · Southall Drive
#73 / 73
Bottom 1% · Avg 340.5k
Same area · Margaret Park
#459 / 676
Bottom 32% · Avg 304.6k
Citywide · Winnipeg
#146,625 / 194,458
Bottom 25% · Avg 390.1k

Year Built

around average
1966
0255075100
Same streetBottom 48%Same areaTop 46%CitywideBottom 48%

Lot Size

around average
5,494 sqft
0255075100
Same streetBottom 40%Same areaTop 34%CitywideTop 44%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

334 Southall Drive — 5 amenities found within 500 m, across 3 categories, including 1 education (nearest 330 m), 3 parks (nearest 227 m).

Search radius
🏫Education1
🌳Parks3
💪Sports1

Crime & Safety

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%

Sales History

Sold 6/2016CA$200k–250k
Sold price

Same street

Bottom 1%

Same area

Bottom 31%

City-wide

Bottom 21%

Related homes

Highlights & common questions: 334 Southall Drive, Winnipeg

Property Overview: 334 Southall Drive, Margaret Park, Winnipeg

Key Characteristics & Appeal

This is a modest, 1,010 sqft bungalow built in 1966 on a standard 5,494 sqft lot in Winnipeg's Margaret Park neighborhood. Its primary appeal lies in its position as an accessible entry point into the housing market. The home's assessed value is notably low, ranking at the very bottom on its own street but aligning more closely with averages for the wider area. This suggests a property with fundamental utility but likely in need of updates, presenting a clear value proposition for a specific buyer.

The home would best suit a practical, value-conscious buyer—perhaps a first-time homeowner, an investor, or a downsizer—who views the property as a foundation rather than a finished product. Its appeal is not in standout size or modern finishes, but in the opportunity it represents: a chance to secure a land title in an established neighborhood at a lower entry cost, with the understanding that any investment in renovations could directly increase its equity. It’s a home for someone comfortable with a project, whether now or over time, and who prioritizes getting into the market over immediate move-in perfection.

Frequently Asked Questions

1. Why is the assessed value so much lower than the citywide average?
The assessed value is based on the property's current state and market position. Being at the bottom of the range on its street indicates it is likely one of the least updated or smallest homes in the immediate area, which is reflected in the official valuation.

2. What does the sold price history tell me?
The last recorded sale was between 2016 and 2025, in the range of $200k-$250k. This provides a historical benchmark, but the exact price is not publicly listed. For precise figures to inform your offer, you can request the exact sold price history directly from the listing service.

3. Is the living space small for the area?
At 1,010 sqft, it is below the average for both its street (1,131 sqft) and the city overall (1,342 sqft). In its immediate Margaret Park area, however, it is much closer to the local average (1,047 sqft), indicating the neighborhood itself features more compact homes.

4. Who would this property NOT be suitable for?
It would likely not suit buyers seeking a turn-key, modern home or those who prioritize ample interior space relative to their neighbors. The data suggests it's a functional property that may require a vision for its potential.

5. How can I better understand this home's context in the neighborhood?
You can explore a detailed neighborhood analysis map, which visually compares this property to nearby homes based on year built, living area, assessed value, and lot size. This helps gauge how it fits into the local streetscape.

Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.