Property score
63.8
Fair
Overall 63.8 · Newer than most nearby homes
1,129 sqft (top 35%) · Built in 1970 (7 yrs newer than avg)
Located in a above-average income area with median household income of ~83k
Transit 92.0 · 2-min walk to transit with 5 nearby routes · Within 500m: 1 school, 5 parks, and 1 sports facility nearby
Living Area
Near average
8% larger than neighborhood avg.
Year Built
Above average
7 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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63.8 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
372 Margaret Avenue — 7 amenities found within 500 m, across 3 categories, including 1 education (nearest 197 m), 5 parks (nearest 155 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 | Top 10% | Top 9% | Top 35% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 372 Margaret Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 372 Margaret Avenue in the Margaret Park neighbourhood presents a solid, middle-of-the-road offering with a few standout features. Built in 1970, it is notably newer than many homes on its street and in the immediate area, which may suggest fewer concerns related to aging infrastructure. The lot size of over 5,300 sqft is a significant asset, ranking well above average for Margaret Avenue, offering ample outdoor space for gardening, play, or future expansion that is harder to find in many city neighbourhoods.
Its appeal lies in its balance. The living area (1,129 sqft) and assessed value are consistently around the average for its local context, indicating a home that fits the established market without extremes. The recent sale price range (CA$350k–400k in 2024) suggests it is perceived as a stable, move-in-ready property rather than a fixer-upper or a luxury purchase.
This property would best suit pragmatic buyers—perhaps first-time homeowners, small families, or downsizers—who value a generous yard and a relatively newer build within a mature neighbourhood. It’s for someone seeking a straightforward home in a settled area without the premium price tag of a top-tier lot or the potential headaches of a much older property.
Section 2: Frequently Asked Questions
1. How does this home’s 1970 build year compare to the area?
It is newer than the neighbourhood average. Most comparable homes in Margaret Park were built around 1955-1963, so this home may have updates or systems that are a decade or more younger.
2. Is the lot size a major advantage?
Yes, particularly on this street. The lot is in the top 15% for size on Margaret Avenue, offering more private outdoor space than most direct neighbours—a valuable perk for privacy and recreation.
3. What does the sold price range from 2024 tell us?
It confirms the home is positioned in the market’s mid-range. The price aligns with it being a comfortable, established property rather than an undervalued project or a premium showcase home.
4. Are the property taxes likely to be high?
The assessed value is around the average for the area, so property taxes should be fairly typical for Margaret Park. They are not likely to be unusually high or low.
5. How does this home fit into the wider Winnipeg market?
City-wide, this home is average in size and value. Its appeal is specifically local, offering the space and newer build within a specific neighbourhood context that may provide more value than a similar-priced home in a different area.
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