342 Margaret Avenue

Margaret Park, Winnipeg

Property score

58.3

Fair

Overall 58.3 · Older than most nearby homes

1,088 sqft (top 45%) · Built in 1964 (1 yr newer than avg)

Located in a above-average income area with median household income of ~83k

Transit 94.0 · 2-min walk to transit with 4 nearby routes · Within 500m: 1 school, 5 parks, and 1 sports facility nearby

Living Area

Near average

4% larger than neighborhood avg.

Year Built

Below average

1 yrs newer than neighborhood avg.

Mother tongue

English · 71%Tagalog · 6%

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

58.3 is composed by the two sections below.

Property Score

48.7Low
Living Area1,088 sqft52Fair
Year Built196446Low
Lot Size3,996 sqft46Low
Neighbourhood Sales Activity28Low

Community Score

72.7Good
Household Income78Good
Education Level63Fair
Housing Stress83Excellent
Core Housing Need76Good
Employment Health52Fair

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: #46110765

Community deep dive

$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

Population, labour & age

Population (2021)397
Labour force participation rate60%
Median age38.0
Avg household size2.8
Unemployment rate13%
Population density1654 / km²

Households & income

Low income (LIM-AT, % pop.)10%
Single-person households20%
Couple families with children24%
Median household income (2020)$83K

Housing

Renter households8%
Condominium dwellings0%
Median dwelling value (owners)$300K

Diversity, education & language

Immigrants (share of pop.)19%
Visible minority29%
Bachelor's or higher (25–64)34%
Mother tongue (1st)English · 70%
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
1,088 sqft
0255075100
Same streetBottom 45%Same areaTop 45%CitywideBottom 38%
Same street · Margaret Avenue
#49 / 89
Bottom 45% · Avg 1,084 sqft
Same area · Margaret Park
#307 / 676
Top 45% · Avg 1,047 sqft
Citywide · Winnipeg
#120,125 / 194,458
Bottom 38% · Avg 1,342 sqft

Tax-Assessed Value

around average
303k
0255075100
Same streetBottom 45%Same areaBottom 39%CitywideBottom 30%
Same street · Margaret Avenue
#49 / 89
Bottom 45% · Avg 299.3k
Same area · Margaret Park
#415 / 676
Bottom 39% · Avg 304.6k
Citywide · Winnipeg
#135,931 / 194,458
Bottom 30% · Avg 390.1k

Year Built

around average
1964
0255075100
Same streetBottom 44%Same areaBottom 22%CitywideBottom 46%

Lot Size

below average
3,996 sqft
0255075100
Same streetBottom 18%Same areaBottom 22%CitywideBottom 25%

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

342 Margaret Avenue — 7 amenities found within 500 m, across 3 categories, including 1 education (nearest 304 m), 5 parks (nearest 137 m).

Search radius
🏫Education1
🌳Parks5
💪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 3/2024CA$300k–350k
Sold price

Same street

Top 29%

Same area

Top 28%

City-wide

Bottom 48%
Sold 5/2017CA$250k–300k
Sold price

Same street

Bottom 45%

Same area

Bottom 48%

City-wide

Bottom 29%

Related homes

Highlights & common questions: 342 Margaret Avenue, Winnipeg

Property Overview: 342 Margaret Avenue

Key Characteristics & Appeal

This home presents a straightforward, mid-century offering in Winnipeg's Margaret Park neighborhood. Built in 1964, its 1,088 sqft living space and $30,300 assessed value are consistently "around average" when compared to its immediate street, the wider neighborhood, and the city. This statistical consistency is a key characteristic: it suggests a property that is neither an outlier nor a fixer-upper in its local context, but a standard, established home in the community.

Its primary appeal lies in its stability and predictability within a mature neighborhood. The lot, while below average in size for the area at 3,996 sqft, still provides reasonable outdoor space. Recent sale activity indicates steady market interest. This property would best suit practical, value-conscious buyers—perhaps first-time homeowners or downsizers—who prioritize a move-in-ready home in a settled area over standout features or a massive yard. It’s for someone seeking a sensible entry into the market without unexpected extremes, good or bad.

Frequently Asked Questions

1. What does it mean that most metrics are "around average"?
This indicates the home is typical for its specific location. You are unlikely to be overpaying for premium features, nor are you finding a hidden gem priced below its condition. It represents a market-standard offering.

2. The lot size is noted as "below average." Is this a major concern?
While smaller than many in Margaret Park, the lot is still nearly 4,000 sqft. It may limit expansive landscaping or large additions but likely offers ample space for a patio, garden, and parking without excessive maintenance.

3. How recent are the sales records, and why are prices shown as a range?
The latest sale recorded is in the 2024 range of $300k-$350k, with a previous sale in 2017. Ranges are based on publicly available data; the exact sale price can be requested directly from the site to ensure accuracy for serious comparison.

4. The home is over 60 years old. What should I expect?
As a home from the 1960s, expect standard upkeep for its age. While systems like roof, furnace, or windows may have been updated over time, a thorough inspection is essential to understand the condition of major components and any needed maintenance.

5. How does the assessed value relate to the likely selling price?
In Winnipeg, the assessed value (for municipal tax purposes) is often significantly lower than market value. The recent sale price range is a much more accurate indicator of current market value than the $30,300 assessment.

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