Property score
72.6
Good
Overall 72.6 · Larger but older than most nearby homes
1,570 sqft (top 2%) · Built in 1964 (1 yr newer than avg)
Located in a above-average income area with median household income of ~83k
Transit 92.0 · 3-min walk to transit with 5 nearby routes · Within 500m: 1 school, 4 parks, and 1 sports facility nearby
Living Area
Above average
50% larger than neighborhood avg.
Year Built
Below average
1 yrs newer than neighborhood avg.
Mother tongue
English · 71%Tagalog · 6%
Past 10 years Margaret Park sales snapshot (~80% of all data)
234
400k
$328/sqft
1963
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72.6 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: #46110765
$83K
Median household income
$88K
Average household income
10%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.1
P90 / P10 ratio
20%
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
405 Southall Drive — 6 amenities found within 500 m, across 3 categories, including 1 education (nearest 342 m), 4 parks (nearest 135 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 | Top 10% | Top 6% | Top 31% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 31% | Top 13% | Top 40% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 405 Southall Drive, Winnipeg
Key Characteristics & Appeal
This home on Southall Drive in Margaret Park stands out for its generous proportions, both in the house itself and the land it sits on. With 1,570 sqft of living space, it is significantly larger than most comparable homes in its immediate neighborhood and across the city. The lot size of over 10,000 sqft is a particularly rare asset, placing it in the top tier of properties locally. Built in 1964, the home is of a mature vintage, which often suggests established landscaping and a well-integrated location within the community. Recent sale history indicates strong and steady market value growth.
Its primary appeal lies in offering substantial space and a large, private yard in a settled area—a combination that is increasingly difficult to find. This property would best suit buyers who prioritize indoor and outdoor room over a brand-new build. It’s ideal for families seeking space to grow, or for anyone valuing the potential of a large lot for gardens, recreation, or future expansion. A thoughtful perspective is that while the home itself is older, its standout lot size and living area provide a timeless foundation that is often more valuable and harder to change than interior finishes.
Frequently Asked Questions
1. What does the "Elite" ranking for lot size actually mean?
It means this property's land area of 10,048 sqft is larger than approximately 97% of lots on its street and 99% of lots in the broader Margaret Park area, making it a truly exceptional parcel in the local context.
2. The home was built in 1964. Should I be concerned about major updates?
While the year built indicates a mature home, the consistent and above-average assessed value suggests it has been maintained as a solid asset. A key consideration for a buyer would be to verify the condition and age of major systems like roof, windows, plumbing, and electrical, which are typical focal points for homes of this era.
3. The sold price history shows a range. What is the exact last sold price?
The public data shows the home sold for between $400,000 and $450,000 in 2024. The listing service offers to provide the exact sold price via email upon request, as this precise figure is not part of the public record.
4. How does the assessed value relate to the market price?
The assessed value of $40.30k is for municipal tax purposes and is not a direct indicator of market value. The recent sold price range of $400k-$450k is the true reflection of its market value. The two figures use completely different valuation systems and scales.
5. The living area is large for the area, but how does the layout function?
The data confirms generous square footage, but the flow and room configuration of a 1960s layout may differ from modern open-concept designs. This underscores the importance of a viewing to see if the space is arranged in a way that suits your lifestyle, as the total area alone doesn't tell the whole story.
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.
