393 Armstrong Avenue

Margaret Park, Winnipeg

Property score

63.6

Fair

Overall 63.6 · Compared with neighbourhood average

1,138 sqft (top 33%) · Built in 1965 (2 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

Near average

9% larger than neighborhood avg.

Year Built

Below average

2 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

63.6 is composed by the two sections below.

Property Score

55.6Fair
Living Area1,138 sqft60Fair
Year Built196546Low
Lot Size4,997 sqft60Fair
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

around average
1,138 sqft
0255075100
Same streetTop 44%Same areaTop 33%CitywideBottom 44%
Same street · Armstrong Avenue
#49 / 112
Top 44% · Avg 1,131 sqft
Same area · Margaret Park
#224 / 676
Top 33% · Avg 1,047 sqft
Citywide · Winnipeg
#109,715 / 194,458
Bottom 44% · Avg 1,342 sqft

Tax-Assessed Value

above average
339k
0255075100
Same streetTop 31%Same areaTop 27%CitywideBottom 42%
Same street · Armstrong Avenue
#35 / 112
Top 31% · Avg 313k
Same area · Margaret Park
#182 / 676
Top 27% · Avg 304.6k
Citywide · Winnipeg
#112,235 / 194,458
Bottom 42% · Avg 390.1k

Year Built

around average
1965
0255075100
Same streetBottom 49%Same areaBottom 37%CitywideBottom 47%

Lot Size

around average
4,997 sqft
0255075100
Same streetBottom 47%Same areaBottom 45%CitywideBottom 44%

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

393 Armstrong Avenue — 13 amenities found within 500 m, across 6 categories, including 1 education (nearest 138 m), 2 shopping (nearest 338 m), 7 parks (nearest 113 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 6/2022CA$350k–400k
Sold price

Same street

Top 9%

Same area

Top 7%

City-wide

Top 34%

Related homes

Highlights & common questions: 393 Armstrong Avenue, Winnipeg

Property Overview: 393 Armstrong Avenue, Winnipeg

Key Characteristics & Appeal

This home on Armstrong Avenue in the Margaret Park neighbourhood presents as a solid, average-sized property within its local context. Built in 1965, it sits on a just-under 5,000 sqft lot and features approximately 1,138 sqft of living space. The data suggests it is consistently "around average" when compared to homes on its street, in its neighbourhood, and city-wide for metrics like size, lot, and year built. Its assessed value, however, trends slightly above average for Margaret Park specifically.

The appeal lies in its established location and its position as a typical, no-surprises property in the area. It’s not an outlier in size, value, or age, which can indicate stability and predictability. This would suit a practical buyer—perhaps a first-time homeowner or a downsizer—looking for a straightforward home in a mature neighbourhood without the premium of a recently renovated property or the extra upkeep of a much larger lot. A thoughtful perspective is that its consistent averageness across the board could mean less competition from buyers chasing standout features, potentially offering a more reasonable entry point into the area.

Frequently Asked Questions

1. How does the sold price from 2022 relate to its current value?
The home sold for an estimated $350k-$400k in 2022. This historical price is a key data point, but current market conditions, interest rates, and any changes made to the property since then will determine its present value.

2. What does it mean that the assessed value is "above average" for the neighbourhood?
The assessment is used for calculating property taxes. Being above the neighbourhood average for assessed value could indicate the municipality views it as a relatively higher-value property within Margaret Park, though it remains around the city-wide average.

3. Is a 1965-built home likely to need major updates?
While systems and components in a home of this age may be functional, buyers should be prepared for the potential need to update or replace aging infrastructure, such as plumbing, electrical, or the roof, based on a thorough inspection.

4. How does the lot size compare to newer subdivisions?
At 4,997 sqft, the lot is smaller than the current city-wide average for all homes. This means less exterior maintenance but also potentially less private outdoor space than what is found in many newer suburban developments.

5. Can I get the exact historical sold price?
Yes, the exact sold price is not publicly listed, but you can request it directly via the provided email service. They provide this data manually without using your email for unsolicited marketing.

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