420 Armstrong Avenue

Margaret Park, Winnipeg

Property score

62.0

Fair

Overall 62.0 · Compared with neighbourhood average

1,078 sqft (top 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 · 4-min walk to transit with 4 nearby routes · Within 500m: 1 school, 2 shops, 8 parks, and 1 bank/ATM nearby

Living Area

Near average

3% 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

62.0 is composed by the two sections below.

Property Score

52.9Fair
Living Area1,078 sqft52Fair
Year Built196546Low
Lot Size5,527 sqft74Good
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
1,078 sqft
0255075100
Same streetBottom 46%Same areaTop 47%CitywideBottom 37%
Same street · Armstrong Avenue
#60 / 112
Bottom 46% · Avg 1,131 sqft
Same area · Margaret Park
#317 / 676
Top 47% · Avg 1,047 sqft
Citywide · Winnipeg
#122,733 / 194,458
Bottom 37% · Avg 1,342 sqft

Tax-Assessed Value

around average
313k
0255075100
Same streetBottom 49%Same areaBottom 45%CitywideBottom 33%
Same street · Armstrong Avenue
#57 / 112
Bottom 49% · Avg 313k
Same area · Margaret Park
#369 / 676
Bottom 45% · Avg 304.6k
Citywide · Winnipeg
#129,931 / 194,458
Bottom 33% · Avg 390.1k

Year Built

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

Lot Size

above average
5,527 sqft
0255075100
Same streetTop 17%Same areaTop 32%CitywideTop 42%

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

420 Armstrong Avenue — 14 amenities found within 500 m, across 6 categories, including 1 education (nearest 225 m), 2 shopping (nearest 238 m), 8 parks (nearest 140 m).

Search radius
🏫Education1
🛒Shopping2
🌳Parks8
🏦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 1/2016CA$250k–300k
Sold price

Same street

Bottom 27%

Same area

Bottom 35%

City-wide

Bottom 24%

Related homes

Highlights & common questions: 420 Armstrong Avenue, Winnipeg

Property Overview: 420 Armstrong Avenue, Winnipeg

Key Characteristics & Appeal

This home at 420 Armstrong Avenue in Margaret Park presents a solid, middle-of-the-road opportunity in Winnipeg’s housing market. Built in 1965, its 1,078 sqft living area and assessed value are consistently average for its street, neighbourhood, and the wider city. This statistical consistency suggests a stable, predictable property without extreme highs or lows.

The standout feature is the lot size. At 5,527 sqft, the land parcel ranks in the top 17% on Armstrong Avenue, offering above-average outdoor space compared to immediate neighbours. This creates a notable value proposition: a home with typical interior dimensions on a larger-than-typical lot for the local area. The property last sold between 2016 for an estimated $250k-$300k.

Its appeal lies in its grounded, no-surprises profile. It suits practical buyers—perhaps first-time homeowners, downsizers, or investors—who prioritize a manageable-sized home with generous yard space for gardening, recreation, or future expansion over a highly renovated interior or premium location status. It’s a property where value is derived more from its land potential and neighbourhood stability than from luxury finishes.

Frequently Asked Questions

1. What does it mean that most metrics are "around average"?
This indicates the home is typical for the area in terms of size, age, and official valuation. For buyers, it means the property is unlikely to be overpriced or under-improved relative to its surroundings, representing a stable, benchmark investment.

2. How significant is the larger lot size?
It’s the property's key differentiator. While the house itself is standard, the land offers more privacy, green space, and potential (like a shed, garden, or addition) than many nearby homes. This is a less obvious source of long-term value and livability.

3. What is the neighbourhood like?
Margaret Park is a mature, established neighbourhood. The home's metrics aligning closely with area averages suggest a consistent, developed community without wild fluctuations in property styles or values.

4. Why is the exact sold price not listed publicly?
Exact sale prices in Manitoba are not part of the public record. The provided range is estimated from public data. You can request the precise historical price via email from the listing service, which manually verifies the data.

5. Who would this property not suit?
Buyers seeking a move-in-ready home with modern renovations or a standout architectural style may find it too ordinary. Its value is in its solid foundation and land, not in turn-key luxury or unique character.

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