38 Beeston Drive

Margaret Park, Winnipeg

Property score

54.0

Fair

Overall 54.0 · Newer than most nearby homes

1,064 sqft (top 49%) · Built in 1971 (8 yrs newer than avg)

Located in a above-average income area with median household income of ~67k

Transit 76.0 · 6-min walk to transit with 4 nearby routes · Within 500m: 1 dining spot nearby

Living Area

Near average

2% larger than neighborhood avg.

Year Built

Above average

8 yrs newer than neighborhood avg.

Mother tongue

English · 68%Tagalog · 7%

Past 10 years Margaret Park sales snapshot (~80% of all data)

Sold Count

234

Median price

400k

$/sqft

$328/sqft

Avg build year

1963

Need help understanding this property?

Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.

Usually replies in a few minutes

Property score

54.0 is composed by the two sections below.

Property Score

48.4Low
Living Area52
1,064 sqftFair
Year Built58
1971Fair
Lot Size28
2,817 sqftLow
Neighbourhood Sales Activity28
Low

Community Score

62.3Fair
Household Income68
Good
Education Level34
Low
Housing Stress63
Fair
Core Housing Need76
Good
Employment Health76
Good

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: #46110763

Community deep dive

$67K

Median household income

$81K

Average household income

14%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.2

P90 / P10 ratio

30%

Single-person households

23%

Families with children

Population, labour & age

Population (2021)504
Labour force participation rate65%
Median age42.8
Avg household size2.4
Unemployment rate3%
Population density3600 / km²

Households & income

Low income (LIM-AT, % pop.)14%
Single-person households30%
Couple families with children23%
Median household income (2020)$67K

Housing

Renter households39%
Condominium dwellings0%
Median dwelling value (owners)$240K

Diversity, education & language

Immigrants (share of pop.)23%
Visible minority36%
Bachelor's or higher (25–64)15%
Mother tongue (1st)English · 68%
Mother tongue (2nd)Tagalog · 6%

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

Rankings

Living Area

Elite
1,064 sqft
0255075100
Same streetTop 2%Same areaTop 49%CitywideBottom 35%
Same street · Beeston Drive
#1 / 44
Top 2% · Avg 708 sqft
Same area · Margaret Park
#332 / 676
Top 49% · Avg 1,047 sqft
Citywide · Winnipeg
#126,262 / 194,458
Bottom 35% · Avg 1,342 sqft

Tax-Assessed Value

below average
212k
0255075100
Same streetBottom 7%Same areaBottom 7%CitywideBottom 10%
Same street · Beeston Drive
#41 / 44
Bottom 7% · Avg 240.7k
Same area · Margaret Park
#629 / 676
Bottom 7% · Avg 304.6k
Citywide · Winnipeg
#175,062 / 194,458
Bottom 10% · Avg 390.1k

Year Built

Elite
1971
0255075100
Same streetTop 2%Same areaTop 8%CitywideTop 47%

Lot Size

below average
2,817 sqft
0255075100
Same streetBottom 1%Same areaBottom 3%CitywideBottom 8%

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

38 Beeston Drive — 1 amenities found within 500 m, across 1 categories, including 1 dining (nearest 373 m).

Search radius
🍽️Dining1

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 7/2017CA$150k–200k
Sold price

Same street

Bottom 33%

Same area

Bottom 12%

City-wide

Bottom 8%

Related homes

Highlights & common questions: 38 Beeston Drive, Winnipeg

Property Overview: 38 Beeston Drive, Winnipeg

Section 1: Key Characteristics & Appeal

This home presents a distinct value proposition centered on its efficient use of space and below-average property tax assessment. Its 1,064 sqft living area is notably larger than most comparable homes on Beeston Drive and in the immediate Margaret Park area, offering more interior room than many neighbours. Built in 1971, it is also among the newer homes on its street. However, its key financial characteristic is a low assessed value, which is below average for the street, neighbourhood, and city. This typically translates to lower annual property taxes, a significant and ongoing cost saving.

The appeal lies in this balance of practical living space and long-term affordability. The lot is smaller than average, which suggests lower maintenance but less private outdoor space. It would best suit a pragmatic, value-conscious buyer—perhaps a first-time homeowner or an investor—who prioritizes interior square footage and operating cost savings over a large yard or a premium assessed valuation. It’s a home that offers more on the inside for less on the tax bill, making it a practical choice in today’s market.

Section 2: Frequently Asked Questions

1. What does the "below average" assessed value actually mean for me?
It primarily indicates a likely advantage in lower annual property taxes compared to similar-sized homes in the city. It's a positive for ongoing affordability, though it is not a direct marker of current market value.

2. The home ranks well for living area but poorly for land area. What's the trade-off?
You are getting a house with above-average interior space for the local area, but on a smaller-than-average lot. This means more room inside for living, but potentially less yard for gardening, play, or expansion.

3. The home last sold between 2017-2025. How can I get the exact sale price?
The exact sold price is not publicly listed. As noted on the detail page, you can request it directly via email from the service; they provide the accurate figure manually without using your email for marketing.

4. How significant is it that the home is "newer" than others on the street?
Being built in 1971 makes it one of the newest on Beeston Drive. This can suggest potentially fewer immediate concerns with aging components (like plumbing or electrical) compared to much older neighbours, though a thorough inspection is always recommended.

5. Are the rankings comparing this home to similar types of houses?
Yes, the rankings compare 38 Beeston Drive to "comparable homes" within each grouping (its street, the Margaret Park neighbourhood, and city-wide), providing context for its size, value, and lot metrics relative to appropriate peers.