Property score
56.4
Fair
Overall 56.4 · Older than most nearby homes
1,014 sqft (bottom 35%) · Built in 1921 (42 yrs older 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, 5 parks, and 1 sports facility nearby
Living Area
Below average
3% smaller than neighborhood avg.
Year Built
Below average
42 yrs older 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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56.4 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
348 Margaret Avenue — 7 amenities found within 500 m, across 3 categories, including 1 education (nearest 272 m), 5 parks (nearest 142 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 35% | Bottom 39% | Bottom 25% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 348 Margaret Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This home on Margaret Avenue presents a classic Winnipeg character property built in 1921. Its key appeal lies in a generous, above-average lot size for the street, offering more outdoor space than many neighbouring properties. With just over 1,000 square feet of living space and an assessed value significantly below the city average, it positions itself as an accessible entry point into the Margaret Park neighbourhood.
The home suits practical, value-oriented buyers. It’s a match for first-time homeowners willing to put personal touches into an older home, or for investors seeking a property with a solid land ratio in an established community. A less obvious perspective is its potential for someone prioritizing private outdoor space over a larger interior footprint—the lot offers room for gardens, play areas, or expansion, which is a growing priority for many. Its below-average assessment, while reflecting its age and condition, also suggests a corresponding property tax advantage compared to newer or more extensively renovated homes in the city.
Section 2: Frequently Asked Questions
1. What is the exact sold price history?
The public data shows a sale between $250,000 and $300,000 in 2022. The exact sale price is available upon direct request to the site, which provides the figure manually via email.
2. How does the home’s age affect its value and condition?
Built in 1921, it is notably older than most homes on its street and in Winnipeg overall. This typically means potential for character details but also implies a greater need for scrutiny regarding updates to major systems like wiring, plumbing, and insulation. Its assessed value reflects this vintage.
3. Is the lot size a significant advantage?
Yes. The land area of nearly 5,000 sq ft ranks in the top 30% on Margaret Avenue, meaning the property has a larger yard than most directly comparable homes. This is a standout feature for the location.
4. How does it compare to the broader Winnipeg market?
The home’s living area and assessed value are below the city-wide averages. This indicates it is a more modestly sized and valued property compared to the typical Winnipeg home, which often aligns with older core neighbourhoods versus newer suburbs.
5. What can the rankings tell me about this property?
The rankings compare this home to peers on its street, in Margaret Park, and city-wide. They show a profile of an older home on a good-sized lot, with interior space and value that are average or below average for its immediate area but which offer a cost-effective footprint in the wider market context.
