374 Armstrong Avenue

Margaret Park, Winnipeg

Property score

69.5

Good

Overall 69.5 · Larger than most nearby homes

1,365 sqft (top 6%) · Built in 1966 (3 yrs newer than avg)

Located in a above-average income area with median household income of ~72.5k

Transit 94.0 · 2-min walk to transit with 4 nearby routes · Within 500m: 1 school, 2 shops, 7 parks, and 1 bank/ATM nearby

Living Area

Above average

30% larger than neighborhood avg.

Year Built

Near average

3 yrs newer than neighborhood avg.

Mother tongue

English · 63%Tagalog · 15%

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

69.5 is composed by the two sections below.

Property Score

65.5Good
Living Area71
1,365 sqftGood
Year Built52
1966Fair
Lot Size74
5,571 sqftGood
Neighbourhood Sales Activity28
Low

Community Score

75.6Good
Household Income74
Good
Education Level82
Excellent
Housing Stress74
Good
Core Housing Need88
Excellent
Employment Health60
Fair

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: #46110766

Community deep dive

$73K

Median household income

$93K

Average household income

8%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.7

P90 / P10 ratio

32%

Single-person households

24%

Families with children

Population, labour & age

Population (2021)621
Labour force participation rate58%
Median age42.8
Avg household size2.4
Unemployment rate6%
Population density3105 / km²

Households & income

Low income (LIM-AT, % pop.)8%
Single-person households32%
Couple families with children24%
Median household income (2020)$73K

Housing

Renter households33%
Condominium dwellings0%
Median dwelling value (owners)$320K

Diversity, education & language

Immigrants (share of pop.)33%
Visible minority41%
Bachelor's or higher (25–64)40%
Mother tongue (1st)English · 62%
Mother tongue (2nd)Tagalog · 14%

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

Rankings

Living Area

above average
1,365 sqft
0255075100
Same streetTop 12%Same areaTop 6%CitywideTop 38%
Same street · Armstrong Avenue
#13 / 112
Top 12% · Avg 1,131 sqft
Same area · Margaret Park
#40 / 676
Top 6% · Avg 1,047 sqft
Citywide · Winnipeg
#72,971 / 194,458
Top 38% · Avg 1,342 sqft

Tax-Assessed Value

above average
356k
0255075100
Same streetTop 23%Same areaTop 14%CitywideBottom 48%
Same street · Armstrong Avenue
#26 / 112
Top 23% · Avg 313k
Same area · Margaret Park
#97 / 676
Top 14% · Avg 304.6k
Citywide · Winnipeg
#100,496 / 194,458
Bottom 48% · Avg 390.1k

Year Built

around average
1966
0255075100
Same streetTop 42%Same areaTop 46%CitywideBottom 48%

Lot Size

above average
5,571 sqft
0255075100
Same streetTop 16%Same areaTop 31%CitywideTop 41%

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

374 Armstrong Avenue — 13 amenities found within 500 m, across 6 categories, including 1 education (nearest 188 m), 2 shopping (nearest 364 m), 7 parks (nearest 45 m).

Search radius
🏫Education1
🛒Shopping2
🌳Parks7
🏦Finance1
Worship1
🏛️Government1

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 4/2022CA$400k–450k
Sold price

Same street

Top 3%

Same area

Top 1%

City-wide

Top 24%

Related homes

Highlights & common questions: 374 Armstrong Avenue, Winnipeg

Property Overview & Key Characteristics

This home at 374 Armstrong Avenue in Winnipeg's Margaret Park neighbourhood presents a compelling blend of space, value, and established community living. Built in 1966, its key appeal lies in its above-average dimensions relative to its immediate area. With 1,365 sqft of living space and a 5,571 sqft lot, it ranks in the top 16-23% on its street for size, offering more room than many nearby homes. The assessed value of $35,60k is also above the local averages, suggesting a property that holds its worth well in the context of Margaret Park.

The home suits practical buyers looking for a solid, spacious property in a mature neighbourhood without the premium of a newer build. It’s ideal for those who value interior and yard space over a modern construction date and appreciate a home that stands above its direct peers in key metrics. A thoughtful perspective is that while the home is average in age city-wide, its superior lot and living area on Armstrong Avenue indicate it was likely a more substantial model in its time, offering a sense of permanence and room to grow that can be harder to find on neighbouring properties.


Frequently Asked Questions

1. How does this home’s value compare to the rest of Winnipeg?
While its assessed value is above average for Margaret Park, it sits around the middle of the pack city-wide. This highlights that its primary value is in the local context—offering more space and a higher assessment than nearby homes, which can be an advantage within the neighbourhood.

2. What does the sold price range from 2022 indicate?
The previous sale in the CA$400k–450k range suggests the market price was significantly higher than the current assessed value for taxation purposes. This is common and indicates strong buyer demand for properties in this area at that time.

3. Is the 1966 build date a concern?
The year is average for the street and city. While it means updates may be needed, the home has outperformed many of its contemporaries by remaining a larger, higher-value property in its local setting. Its age is typical for the area’s character.

4. What is the real benefit of the above-average rankings?
These rankings show you are getting a property that is physically larger and has a higher assessed value than most homes on its street and in Margaret Park. This can mean more room for your investment and a potentially stronger position within the local market.

5. How can I get the exact historical sold price?
The exact sold price is not publicly listed. You can request it by email via the button on the property page. The service is manual, with a promised reply by the end of the same day, and your email will not be used for unsolicited marketing.