39 Hanna Street

Margaret Park, Winnipeg

Property score

56.5

Fair

Overall 56.5 · Smaller than most nearby homes

894 sqft (bottom 24%) · Built in 1966 (3 yrs newer than avg)

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

Transit 86.0 · 2-min walk to transit with 4 nearby routes · Within 500m: 1 school, 6 parks, 1 sports facility, and 1 place of worship nearby

Living Area

Below average

15% smaller 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

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

56.5 is composed by the two sections below.

Property Score

43.7Low
Living Area894 sqft32Low
Year Built196652Fair
Lot Size6,585 sqft85Excellent
Neighbourhood Sales Activity28Low

Community Score

75.6Good
Household Income74Good
Education Level82Excellent
Housing Stress74Good
Core Housing Need88Excellent
Employment Health60Fair

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

below average
894 sqft
0255075100
Same streetBottom 1%Same areaBottom 24%CitywideBottom 16%
Same street · Hanna Street
#19 / 19
Bottom 1% · Avg 1,143 sqft
Same area · Margaret Park
#511 / 676
Bottom 24% · Avg 1,047 sqft
Citywide · Winnipeg
#163,822 / 194,458
Bottom 16% · Avg 1,342 sqft

Tax-Assessed Value

around average
335k
0255075100
Same streetBottom 42%Same areaTop 32%CitywideBottom 41%
Same street · Hanna Street
#11 / 19
Bottom 42% · Avg 336.9k
Same area · Margaret Park
#216 / 676
Top 32% · Avg 304.6k
Citywide · Winnipeg
#115,138 / 194,458
Bottom 41% · Avg 390.1k

Year Built

above average
1966
0255075100
Same streetTop 11%Same areaTop 46%CitywideBottom 48%

Lot Size

above average
6,585 sqft
0255075100
Same streetTop 32%Same areaTop 11%CitywideTop 21%

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

39 Hanna Street — 9 amenities found within 500 m, across 4 categories, including 1 education (nearest 90 m), 6 parks (nearest 166 m).

Search radius
🏫Education1
🌳Parks6
💪Sports1
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 6/2023CA$350k–400k
Sold price

Same street

Top 40%

Same area

Top 16%

City-wide

Top 42%
Sold 10/2016CA$250k–300k
Sold price

Same street

Bottom 1%

Same area

Bottom 46%

City-wide

Bottom 28%

Related homes

Highlights & common questions: 39 Hanna Street, Winnipeg

Property Summary: 39 Hanna Street, Winnipeg

Key Characteristics & Appeal

This home presents a distinct value proposition centered on its land. At 6,585 sqft, the lot size is notably above average for both the Margaret Park neighbourhood and Winnipeg overall, offering substantial outdoor space and potential. The house itself, built in 1966, is modest in size at 894 sqft, placing it below average for living area. This creates a clear dynamic: you are primarily investing in a large, well-situated parcel of land with a smaller, vintage home on it.

Its appeal lies in this very balance. For a buyer comfortable with a smaller footprint or looking for a manageable starter home, the generous lot provides room for gardens, play, pets, or future expansion. The assessed value is consistently around the average for its immediate area, suggesting a stable, un-inflated entry point into the market. It would suit a practical first-time buyer, an investor seeking a property with land value, or someone willing to live in a smaller home to gain a larger private outdoor space—a trade-off that is increasingly rare in city neighbourhoods.

Frequently Asked Questions

1. Is the house in need of major updates?
Given its age (1966) and smaller size, buyers should budget for potential updates to mechanical systems, windows, or insulation that are typical for homes of this era. The condition inside will be a key factor in its value.

2. What does the "above average" lot size actually mean for me?
It means more privacy, flexibility, and potential than most city lots. This could translate to space for a large shed, a vegetable garden, recreational areas, or even a future addition, subject to local zoning bylaws.

3. Why is the living area ranked so low compared to the lot size?
This is the defining characteristic of this property. It reflects a time when houses often occupied a smaller portion of the lot. You are getting a home from a different era of building, where outdoor space was a priority.

4. How reliable are the sold price ranges shown?
The ranges are based on public data, which in Manitoba often does not disclose exact sale prices. For the precise historical sale amounts, you must request the information directly from the listing service, as noted on the page.

5. The assessed value seems low compared to city averages. Why?
The city-wide average includes all property types and newer areas. This home’s assessment is aligned with older, more modest homes in its specific neighbourhood (Margaret Park) and street, which is a more relevant comparison for understanding its tax valuation and local market position.

Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.