Property score
56.2
Fair
Overall 56.2 · Smaller but newer than most nearby homes
802 sqft (bottom 21%) · Built in 1988 (25 yrs 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
Below average
23% smaller than neighborhood avg.
Year Built
Above average
25 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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56.2 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
344 Margaret Avenue — 7 amenities found within 500 m, across 3 categories, including 1 education (nearest 294 m), 5 parks (nearest 137 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 | Bottom 39% | Bottom 46% | Bottom 28% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 344 Margaret Avenue, Winnipeg
Key Characteristics & Appeal
This home at 344 Margaret Avenue in Margaret Park presents a distinct profile defined by its modern build date and modest interior space. Built in 1988, it is notably newer than most homes in its immediate area and across Winnipeg, placing it in the top 10% locally for year built. This suggests potentially fewer concerns with aging infrastructure and systems compared to the city's predominantly mid-century housing stock. The lot size is generous for the street, offering above-average outdoor space.
The appeal here is practical and value-oriented. With 802 square feet of living area, the house is compact—ranking below average for size both locally and city-wide. This positions it as an efficient, lower-maintenance property. Its assessed value is consistently around the average for its neighbourhood, indicating a stable, mid-market valuation. This combination suits first-time homebuyers, downsizers, or investors seeking a newer construction home on a good-sized lot without a premium price tag for extensive square footage. It’s a pragmatic choice for those who prioritize a modern foundation and outdoor space over a large interior.
Frequently Asked Questions
1. Is this a small house?
Yes. At 802 sq ft, the living space is below the average for both Margaret Park and Winnipeg overall. It is a compact, efficiently sized home.
2. What does the "newer" build year mean for me?
Built in 1988, the home is significantly newer than many surrounding properties. This typically translates to younger major components (like roofing, wiring, and plumbing), which can mean lower immediate repair costs and modern building standards.
3. How does the lot size compare?
The lot is 4,995 sq ft, which is above average for Margaret Avenue. This means you get more outdoor space than many of your direct neighbours, a valuable asset for gardening, recreation, or future expansion.
4. What is the property's value proposition?
The assessed value is firmly around the neighbourhood average. You are paying a standard price for the area but getting a key advantage in the form of a much newer structure, which is uncommon in this market.
5. Who would this property not suit?
It may not be ideal for buyers who need multiple large bedrooms or extensive indoor living space, as the floor plan is modest. Those seeking a historic character home would also find its late-80s construction differs from the area's older charm.
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