422 Cork Avenue

Margaret Park, Winnipeg

Property score

64.3

Fair

Overall 64.3 · Compared with neighbourhood average

1,138 sqft (top 33%) · Built in 1966 (3 yrs newer than avg)

Located in a above-average income area with median household income of ~72.5k

Transit 86.0 · 3-min walk to transit with 4 nearby routes · Within 500m: 1 school, 1 shop, 7 parks, and 1 bank/ATM nearby

Living Area

Near average

9% larger than neighborhood avg.

Year Built

Near average

3 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

64.3 is composed by the two sections below.

Property Score

56.8Fair
Living Area1,138 sqft60Fair
Year Built196652Fair
Lot Size4,996 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

above average
1,138 sqft
0255075100
Same streetTop 29%Same areaTop 33%CitywideBottom 44%
Same street · Cork Avenue
#5 / 17
Top 29% · Avg 1,098 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

around average
328k
0255075100
Same streetTop 35%Same areaTop 39%CitywideBottom 38%
Same street · Cork Avenue
#6 / 17
Top 35% · Avg 325.8k
Same area · Margaret Park
#261 / 676
Top 39% · Avg 304.6k
Citywide · Winnipeg
#120,015 / 194,458
Bottom 38% · Avg 390.1k

Year Built

around average
1966
0255075100
Same streetTop 41%Same areaTop 46%CitywideBottom 48%

Lot Size

above average
4,996 sqft
0255075100
Same streetTop 24%Same areaBottom 43%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

422 Cork Avenue — 12 amenities found within 500 m, across 6 categories, including 1 education (nearest 178 m), 1 shopping (nearest 305 m), 7 parks (nearest 147 m).

Search radius
🏫Education1
🛒Shopping1
🌳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 8/2016CA$250k–300k
Sold price

Same street

Top 50%

Same area

Top 41%

City-wide

Bottom 37%

Related homes

Highlights & common questions: 422 Cork Avenue, Winnipeg

Property Summary: 422 Cork Avenue, Winnipeg

Key Characteristics & Appeal

This home at 422 Cork Avenue in Margaret Park presents a solid, grounded opportunity in the Winnipeg market. Its key appeal lies in its balance and practicality rather than standout extremes. The 1,138 sqft living area is above average for its immediate street and neighbourhood, offering more interior space than many direct comparables. It sits on a lot size that is notably above average for Cork Avenue, providing valuable outdoor space and potential.

The home, built in 1966, is typical for the area and aligns with the city-wide average age. Its assessed value is consistent with the local market, positioning it as a median-priced option within its context. This creates a profile of a property that is comfortably established within its community, not over-improved or under-sized relative to its peers.

This property would suit a first-time homebuyer or a practical downsizer looking for a move-in-ready home in a stable neighbourhood without premium pricing. It’s also a sensible fit for an investor seeking a straightforward rental property with steady, long-term value in a non-speculative area. The appeal is for those who value space and neighbourhood consistency over newness or luxury finishes.

Frequently Asked Questions

1. How does this home’s size compare to others nearby?
The living area is above average for Cork Avenue and the Margaret Park neighbourhood, meaning you get more interior space than many homes on the same street.

2. Is the assessed value a good indicator of the likely selling price?
The assessed value is around the neighbourhood average, which often serves as a baseline. The final sale price will depend on current market conditions, the home’s interior condition, and buyer competition.

3. What does the lot size mean for me?
At just under 5,000 sqft, the lot is larger than most on Cork Avenue. This could allow for more private outdoor space, gardening, or future expansion like a shed or deck, subject to local bylaws.

4. The home was built in 1966. What should I consider?
Homes of this era may have original components, like windows, roofing, or electrical systems, that could be nearing the end of their service life. A thorough inspection is advised to budget for any necessary updates.

5. How can I find out what it actually sold for in the past?
The website provides sold price ranges from public data. For the exact historical sale prices, you must request that information directly from them via email, as they manually provide those details.

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