425 Southall Drive

Margaret Park, Winnipeg

Property score

63.0

Fair

Overall 63.0 · Compared with neighbourhood average

1,073 sqft (top 48%) · Built in 1967 (4 yrs newer than avg)

Located in a above-average income area with median household income of ~83k

Transit 86.0 · 3-min walk to transit with 4 nearby routes · Within 500m: 1 school, 5 parks, and 1 sports facility nearby

Living Area

Near average

2% larger than neighborhood avg.

Year Built

Near average

4 yrs newer than neighborhood avg.

Mother tongue

English · 71%Tagalog · 6%

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

63.0 is composed by the two sections below.

Property Score

56.6Fair
Living Area1,073 sqft52Fair
Year Built196752Fair
Lot Size7,692 sqft91Excellent
Neighbourhood Sales Activity28Low

Community Score

72.7Good
Household Income78Good
Education Level63Fair
Housing Stress83Excellent
Core Housing Need76Good
Employment Health52Fair

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: #46110765

Community deep dive

$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

Population, labour & age

Population (2021)397
Labour force participation rate60%
Median age38.0
Avg household size2.8
Unemployment rate13%
Population density1654 / km²

Households & income

Low income (LIM-AT, % pop.)10%
Single-person households20%
Couple families with children24%
Median household income (2020)$83K

Housing

Renter households8%
Condominium dwellings0%
Median dwelling value (owners)$300K

Diversity, education & language

Immigrants (share of pop.)19%
Visible minority29%
Bachelor's or higher (25–64)34%
Mother tongue (1st)English · 70%
Mother tongue (2nd)Tagalog · 6%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

around average
1,073 sqft
0255075100
Same streetBottom 45%Same areaTop 48%CitywideBottom 36%
Same street · Southall Drive
#40 / 73
Bottom 45% · Avg 1,131 sqft
Same area · Margaret Park
#324 / 676
Top 48% · Avg 1,047 sqft
Citywide · Winnipeg
#124,455 / 194,458
Bottom 36% · Avg 1,342 sqft

Tax-Assessed Value

above average
351k
0255075100
Same streetTop 25%Same areaTop 17%CitywideBottom 47%
Same street · Southall Drive
#18 / 73
Top 25% · Avg 340.5k
Same area · Margaret Park
#112 / 676
Top 17% · Avg 304.6k
Citywide · Winnipeg
#103,913 / 194,458
Bottom 47% · Avg 390.1k

Year Built

above average
1967
0255075100
Same streetTop 14%Same areaTop 34%CitywideBottom 49%

Lot Size

Elite
7,692 sqft
0255075100
Same streetTop 7%Same areaTop 5%CitywideTop 12%

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

425 Southall Drive — 7 amenities found within 500 m, across 3 categories, including 1 education (nearest 280 m), 5 parks (nearest 52 m).

Search radius
🏫Education1
🌳Parks5
💪Sports1

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 3/2023CA$300k–350k
Sold price

Same street

Bottom 41%

Same area

Top 32%

City-wide

Bottom 45%

Related homes

Highlights & common questions: 425 Southall Drive, Winnipeg

Property Overview: 425 Southall Drive, Margaret Park, Winnipeg

Section 1: Key Characteristics & Appeal

This well-situated home in Margaret Park presents a compelling opportunity, particularly for its generous lot size and established neighbourhood setting. Built in 1967, the 1,073 sqft house sits on a notably large 7,692 sqft parcel of land, which ranks within the top 5% of lots in the local area. This expansive outdoor space is the property's standout feature, offering significant potential for gardening, recreation, or future expansion.

Its appeal lies in a balance of solid fundamentals and upside potential. The assessed value is strong for the immediate street and neighbourhood, suggesting the property is well-regarded in its local context. While the living area is average for the city, the proportions hint at a home where the land itself may be the primary asset. It would suit practical buyers who value space and location over a modern, turn-key interior. This could be an ideal match for a first-time homeowner comfortable with gradual updates, an investor seeing long-term value in the lot size, or someone seeking a quiet, established community with room to breathe and customize.

Section 2: Frequently Asked Questions

1. How does the lot size compare to typical properties?
The land area of approximately 7,700 sqft is a key advantage. It ranks in the elite top 5% for the Margaret Park area, meaning it is significantly larger than most neighbouring lots.

2. What is the recent sales history?
Public records indicate the property sold between $300,000 and $350,000 in 2023. For the precise sale price, you can request the exact figure via email from the listing source.

3. Is the house newer or older than others nearby?
Built in 1967, it is slightly newer than the average home on its street, ranking in the top 14% there. It is generally on par with the average age of homes across Winnipeg.

4. How does its value compare to the neighbourhood?
The home's assessed value is above average for both Southall Drive and the wider Margaret Park area, placing it in the top 25% and 17% respectively for those groups.

5. Where can I see more context about the location and nearby homes?
A dedicated neighbourhood analysis map is available for this property, allowing you to visually compare it with nearby houses based on year built, size, value, and lot dimensions.

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.