423 Armstrong Avenue

Margaret Park, Winnipeg

Property score

60.7

Fair

Overall 60.7 · Compared with neighbourhood average

1,080 sqft (top 46%) · 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 · 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

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

60.7 is composed by the two sections below.

Property Score

50.8Fair
Living Area1,080 sqft52Fair
Year Built196546Low
Lot Size4,998 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

around average
1,080 sqft
0255075100
Same streetBottom 48%Same areaTop 46%CitywideBottom 37%
Same street · Armstrong Avenue
#58 / 112
Bottom 48% · Avg 1,131 sqft
Same area · Margaret Park
#314 / 676
Top 46% · Avg 1,047 sqft
Citywide · Winnipeg
#121,563 / 194,458
Bottom 37% · Avg 1,342 sqft

Tax-Assessed Value

above average
345k
0255075100
Same streetTop 28%Same areaTop 21%CitywideBottom 44%
Same street · Armstrong Avenue
#31 / 112
Top 28% · Avg 313k
Same area · Margaret Park
#142 / 676
Top 21% · Avg 304.6k
Citywide · Winnipeg
#107,972 / 194,458
Bottom 44% · Avg 390.1k

Year Built

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

Lot Size

around average
4,998 sqft
0255075100
Same streetTop 50%Same areaBottom 45%CitywideBottom 45%

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

423 Armstrong Avenue — 12 amenities found within 500 m, across 6 categories, including 1 education (nearest 195 m), 1 shopping (nearest 276 m), 7 parks (nearest 137 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 8/2017CA$300k–350k
Sold price

Same street

Top 24%

Same area

Top 29%

City-wide

Bottom 48%

Related homes

Highlights & common questions: 423 Armstrong Avenue, Winnipeg

Property Overview

423 Armstrong Avenue presents a well-situated home in Winnipeg's Margaret Park neighbourhood. Its appeal lies in its solid, middle-of-the-road metrics, offering a balanced proposition without extreme highs or lows. The home, built in 1965, sits on a just-under-5,000 sqft lot and features 1,080 sqft of living space. Its assessed value is notably above average for its immediate street and neighbourhood, suggesting it may be in better condition or have more desirable features than many nearby comparables. The property last sold between $300k-$350k in 2017.

This home would suit a practical buyer looking for a stable, established community. It's ideal for someone who values a balanced lot size and living area without the premium (or challenges) of a very large or very small property. It could appeal to first-time homeowners seeking a manageable space or downsizers wanting a grounded investment in a mature area. The above-average assessment for the locale hints at a property that has been maintained or updated relative to its peers, offering a sense of relative value within the community.

Frequently Asked Questions

What does the "above average" assessed value actually indicate?
It means the municipal assessment for this home is higher than most on its street and in Margaret Park. This often reflects factors like renovations, additions, or superior condition compared to neighbours, which can be a positive, but it's wise to verify this through a viewing and understand its impact on property taxes.

How does the lot size compare for the area?
At 4,998 sqft, the lot is almost exactly the average for Armstrong Avenue and slightly below the average for the wider Margaret Park area. It offers a standard outdoor space for the neighbourhood—sufficient for gardening and recreation without being oversized or high-maintenance.

The home sold in 2017. Is there more detailed price history available?
Yes, the exact sold price (not just the range shown) is available by request. You can provide your email to the listing service, and they will manually send you the precise figure, typically by the end of the same day.

The living area is ranked "around average." Is that a concern?
Not necessarily. With 1,080 sqft, it is very typical for homes on its street, in the neighbourhood, and across Winnipeg. This indicates it's a standard-sized family home for the city, unlikely to feel unusually cramped or excessively large for its setting.

Can I visually compare this property to its neighbours?
Yes. The listing provides a link to a neighbourhood analysis map page where you can see this home plotted alongside nearby properties to directly compare metrics like year built, lot size, and assessed value.

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.