Property score
60.7
Fair
Overall 60.7 · Compared with neighbourhood average
1,016 sqft (bottom 36%) · 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, 1 shop, 7 parks, and 1 bank/ATM nearby
Living Area
Below average
3% smaller 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)
234
400k
$328/sqft
1963
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60.7 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” (Detached houses (non-condo), 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.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
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.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
402 Cork Avenue — 12 amenities found within 500 m, across 6 categories, including 1 education (nearest 125 m), 1 shopping (nearest 339 m), 7 parks (nearest 168 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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 1% | Bottom 18% | Bottom 11% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 402 Cork Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 402 Cork Avenue in Margaret Park is a practical, no-frills property that represents a straightforward entry point into the Winnipeg market. Its key characteristic is its modest scale, with 1,016 sqft of living space on a roughly 5,000 sqft lot, built in 1965. The appeal lies primarily in its value proposition. The assessed value is notably low, ranking at the very bottom on its own street but aligning more closely with the averages for the wider Margaret Park neighborhood. This suggests it is priced accessibly within its immediate community.
It would suit first-time buyers or investors seeking a functional home without premium pricing, particularly those who prioritize lot size over interior square footage. A thoughtful perspective is that this property may offer "value through simplicity"—its below-average assessments and rankings could mean lower property taxes, and the established neighborhood likely offers stability without the premium of a trendier area. It’s a home for someone comfortable with a property that is average or below in most metrics, seeing it as a solid foundation rather than a standout showpiece.
Section 2: Frequently Asked Questions
1. Why is the assessed value so much lower than the city-wide average?
The city-wide average includes many newer, larger, or more premium neighbourhood homes. This property’s assessment is more in line with the typical, modestly-sized homes in the established Margaret Park area, reflecting its local market context.
2. How does the living area compare to nearby homes?
At 1,016 sqft, the living area is below the average for both its immediate street and the city overall, but is much closer to the average for the broader Margaret Park neighborhood. This indicates a cozier, more efficient floor plan typical of many homes in this specific community.
3. What can the sold price history tell me?
The home sold between CA$200k–250k in 2020. This historical range provides a benchmark, but for the exact sale price to inform your offer, you must request it directly via the provided email service.
4. Is the lot size a positive feature?
The land area of 4,980 sqft is around the average for both the street and Margaret Park. While not exceptionally large, it provides a decent outdoor space for a home of this size and is a standard lot for the area.
5. Who would this property not suit?
It likely wouldn’t suit buyers looking for a move-in-ready home with modern, spacious interiors or those seeking a property that stands above neighborhood averages in size and assessed value. It’s a pragmatic choice, not a premium one.
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