347 Armstrong Avenue

Margaret Park, Winnipeg

Property score

47.8

Below average

Overall 47.8 · Compared with neighbourhood average

1,049 sqft (bottom 48%) · Built in 1965 (2 yrs newer than avg)

Located in a below-average income area with median household income of ~44.4k

Transit 94.0 · 1-min walk to transit with 4 nearby routes · Within 500m: 1 school, 2 shops, 6 parks, and 1 bank/ATM nearby

Living Area

Near average

0% larger than neighborhood avg.

Year Built

Below average

2 yrs newer than neighborhood avg.

Mother tongue

English · 66%Tagalog · 9%

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

47.8 is composed by the two sections below.

Property Score

55.4Fair
Living Area1,049 sqft52Fair
Year Built196546Low
Lot Size7,535 sqft91Excellent
Neighbourhood Sales Activity28Low

Community Score

36.4Low
Household Income45Low
Education Level22Low
Housing Stress42Low
Core Housing Need25Low
Employment Health28Low

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: #46110016

Community deep dive

$44K

Median household income

$63K

Average household income

26%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.6

P90 / P10 ratio

58%

Single-person households

16%

Families with children

Population, labour & age

Population (2021)517
Labour force participation rate49%
Median age52.0
Avg household size1.8
Unemployment rate29%
Population density1988 / km²

Households & income

Low income (LIM-AT, % pop.)26%
Single-person households58%
Couple families with children16%
Median household income (2020)$44K

Housing

Renter households64%
Condominium dwellings0%
Median dwelling value (owners)$272K

Diversity, education & language

Immigrants (share of pop.)27%
Visible minority37%
Bachelor's or higher (25–64)12%
Mother tongue (1st)English · 66%
Mother tongue (2nd)Tagalog · 8%

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

Rankings

Living Area

around average
1,049 sqft
0255075100
Same streetBottom 44%Same areaBottom 48%CitywideBottom 33%
Same street · Armstrong Avenue
#63 / 112
Bottom 44% · Avg 1,131 sqft
Same area · Margaret Park
#353 / 676
Bottom 48% · Avg 1,047 sqft
Citywide · Winnipeg
#130,174 / 194,458
Bottom 33% · Avg 1,342 sqft

Tax-Assessed Value

above average
344k
0255075100
Same streetTop 29%Same areaTop 22%CitywideBottom 44%
Same street · Armstrong Avenue
#33 / 112
Top 29% · Avg 313k
Same area · Margaret Park
#148 / 676
Top 22% · Avg 304.6k
Citywide · Winnipeg
#108,668 / 194,458
Bottom 44% · Avg 390.1k

Year Built

around average
1965
0255075100
Same streetBottom 49%Same areaBottom 37%CitywideBottom 47%

Lot Size

Elite
7,535 sqft
0255075100
Same streetTop 3%Same areaTop 6%CitywideTop 13%

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

347 Armstrong Avenue — 11 amenities found within 500 m, across 5 categories, including 1 education (nearest 195 m), 2 shopping (nearest 452 m), 6 parks (nearest 145 m).

Search radius
🏫Education1
🛒Shopping2
🌳Parks6
🏦Finance1
Worship1

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 10/2022CA$300k–350k
Sold price

Same street

Top 18%

Same area

Top 22%

City-wide

Top 48%
Sold 12/2016CA$250k–300k
Sold price

Same street

Bottom 33%

Same area

Bottom 39%

City-wide

Bottom 25%

Related homes

Highlights & common questions: 347 Armstrong Avenue, Winnipeg

Property Overview: 347 Armstrong Avenue, Winnipeg

Key Characteristics & Appeal

This home on Armstrong Avenue in Margaret Park is defined by a standout feature: its generous 7,535 sqft lot, which ranks in the top 3% for lot size on its street. This presents a significant opportunity for buyers valuing outdoor space, gardening, or future expansion. The house itself, built in 1965, is of average size for the area at 1,049 sqft and sits on a street where its assessed value is above average. Recent sale history suggests steady market interest.

Its primary appeal lies in the land itself—a sizable, established property in a mature neighbourhood. It would suit a buyer looking for a solid foundation in a convenient location, whether that’s a first-time homeowner with room to grow, someone interested in adding value through landscaping or renovations, or a downsizer who still desires a substantial private yard without the maintenance of a brand-new, sprawling home.

Frequently Asked Questions

1. What does the "above average" assessed value on the street indicate?
It suggests the property is formally valued higher than many of its immediate neighbours, which can reflect the desirable lot size or the condition of the home. It's a useful data point for understanding its standing but should be considered alongside recent sale prices and a professional appraisal.

2. How does the lot size compare to typical city lots?
The lot is substantially larger than average. It ranks in the top 13% citywide, meaning over 85% of comparable Winnipeg properties sit on smaller parcels of land.

3. The home sold in 2022 and 2016. What does that price history show?
The sale price ranges indicate the property has appreciated over that six-year period, moving from a lower tier to a higher tier of sale prices relative to its immediate area and the city. This points to sustained demand for the property or neighbourhood.

4. Who might this property not suit?
It may not be the best fit for someone seeking a modern, move-in-ready home without any projects, as a house from the 1960s may require updates. It also might not suit those who prefer a low-maintenance, small-yard lifestyle.

5. How can I find out the exact past sale prices?
The exact sold prices are not publicly listed in detail here. You can request them directly via the email link provided on the listing page; the service commits to providing the accurate figures without using your contact information for marketing spam.

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