Property score
62.0
Fair
Overall 62.0 · Compared with neighbourhood average
1,040 sqft (bottom 47%) · Built in 1965 (2 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, 2 shops, 6 parks, and 1 bank/ATM nearby
ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ
Near average
1% smaller than neighborhood avg.
ਤਰੀਕ ਤੋਂ ਬਣਿਆ
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)
234
400k
$328/sqft
1963
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62.0 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” (ਡੀਟੈਚਡ ਘਰ (ਕੋਂਡੋ ਨਹੀਂ), 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: #46110766
$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
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
ਜ਼ਮੀਨ: ਵੱਡਾ ਖੇਤਰ = ਬਿਹਤਰ ਰੈਂਕ
ਸਾਲ: ਨਵਾਂ = ਬਿਹਤਰ ਰੈਂਕ
ਰਹਿਣ ਖੇਤਰ: ਵੱਡਾ = ਬਿਹਤਰ ਰੈਂਕ
ਮੁਲਾਂਕਣ: ਉੱਚਾ ਮੁੱਲ = ਬਿਹਤਰ ਰੈਂਕ
ਬਾਰ: ਭਰਨ ਦੀ ਲੰਬਾਈ ≈ ਤੁਸੀਂ ਕਿੰਨੇ ਸਹਿਪਾਠੀਆਂ ਨੂੰ ਪਛਾੜਦੇ ਹੋ; ਧੁਰੀ ਉੱਤੇ ਲਾਲ → ਪੀਲਾ → ਨੀਲਾ ਗਰੇਡੀਐਂਟ (ਖੱਬੇ ਤੋਂ ਸੱਜੇ)। ਟੂਟੀ ਲੰਬਵਤ ਲਕੀਰ ≈ ਮੀਡੀਅਨ ਬੈਂਚਮਾਰਕ; ਚਿੱਟਾ ਟਿਕ (ਹਲਕੀ ਛਾਂ) = ਤੁਹਾਡੀ ਸਥਿਤੀ। ਬੈਜ ਰੰਗ / diamond ਤੇ flame ਆਈਕਨ ਅਜੇ ਵੀ ਟਾਇਰ ਦੇ ਅਨੁਸਾਰ।
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.
ਨੇੜੇ ਦੇ ਸਟਾਪ, ਰੂਟ ਅਤੇ ਟ੍ਰਾਂਜ਼ਿਟ ਸਕੋਰ
Dining, education, healthcare, shopping & more
397 Leila Avenue — 12 amenities found within 500 m, across 6 categories, including 1 education (nearest 307 m), 2 shopping (nearest 225 m), 6 parks (nearest 113 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%
ਉਹੀ ਸਟ੍ਰੀਟ
ਉਹੀ ਇਲਾਕਾ
ਪੂਰਾ ਸ਼ਹਿਰ
| ਮਾਪ | ਉਹੀ ਸਟ੍ਰੀਟ | ਉਹੀ ਇਲਾਕਾ | ਪੂਰਾ ਸ਼ਹਿਰ |
|---|---|---|---|
ਵਿਕਰੀ ਮੁੱਲ | ਹੇਠਲੇ 45% | ਟਾਪ 44% | ਹੇਠਲੇ 36% |
Request exact figures by email
Address · Year Built · Living Area
ਪਤਾ · ਦੂਰੀ
Property Overview: 397 Leila Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 397 Leila Avenue in the Margaret Park neighbourhood presents a solid, average-sized offering with notable value within its immediate area. Built in 1965, it features 1,040 sqft of living space on a generous 5,505 sqft lot. The data suggests its primary appeal is one of stability and relative value. Its assessed value ranks significantly above average for Margaret Park (Top 22%), indicating it is viewed favorably compared to neighbourhood peers, while its city-wide metrics are consistently around the middle range. This positions the property as a sensible, grounded choice rather than a standout luxury offering.
The home would likely suit pragmatic first-time buyers or investors seeking a straightforward property in an established area without extreme premiums. The above-average lot size for the street offers subtle potential for outdoor space or future expansion relative to nearby homes. Its appeal lies in its unassuming, in-line performance across most metrics, suggesting a lower risk of overpaying for the area. It’s a home for those prioritizing a sound investment in a known quantity over flashy features.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to the rest of Margaret Park?
The home’s assessed value is in the top 22% for the Margaret Park neighbourhood, meaning it is considered above average compared to similar local properties. This could indicate better-than-average finishes, condition, or desirability within the community.
2. What is the exact prior sale price?
Public records show a sale between CA$250k–300k in 2017. The listing service offers to provide the exact sold price via email upon request, as they manually verify this data.
3. Is the lot size a significant feature?
At 5,505 sqft, the lot ranks in the top third for size on Leila Avenue. This means the property has more outdoor space than many of its direct neighbours, which can be a advantage for privacy, gardening, or future projects.
4. How does the living space compare to a typical Winnipeg home?
At 1,040 sqft, the living area is slightly below the Winnipeg city-wide average for comparable homes (1,342 sqft) but is very typical for both Leila Avenue and the Margaret Park neighbourhood.
5. Are there similar homes available to compare nearby?
The listing notes a nearby property at 352 Leila Avenue as “worth viewing” for comparison. Several other homes on the same block and properties with identical assessed values in other neighbourhoods are also listed for context.
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