429 Leila Avenue

Margaret Park, Winnipeg

Property score

61.4

Fair

Overall 61.4 · Newer than most nearby homes

1,040 sqft (bottom 47%) · Built in 1968 (5 yrs newer than avg)

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

Transit 94.0 · 2-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

1% smaller than neighborhood avg.

Year Built

Above average

5 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

61.4 is composed by the two sections below.

Property Score

52.0Fair
Living Area1,040 sqft52Fair
Year Built196852Fair
Lot Size4,857 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
1,040 sqft
0255075100
Same streetTop 50%Same areaBottom 47%CitywideBottom 32%
Same street · Leila Avenue
#167 / 333
Top 50% · Avg 1,078 sqft
Same area · Margaret Park
#358 / 676
Bottom 47% · Avg 1,047 sqft
Citywide · Winnipeg
#132,478 / 194,458
Bottom 32% · Avg 1,342 sqft

Tax-Assessed Value

around average
307k
0255075100
Same streetBottom 36%Same areaBottom 41%CitywideBottom 31%
Same street · Leila Avenue
#213 / 333
Bottom 36% · Avg 332.7k
Same area · Margaret Park
#397 / 676
Bottom 41% · Avg 304.6k
Citywide · Winnipeg
#133,605 / 194,458
Bottom 31% · Avg 390.1k

Year Built

above average
1968
0255075100
Same streetBottom 42%Same areaTop 30%CitywideTop 50%

Lot Size

around average
4,857 sqft
0255075100
Same streetBottom 42%Same areaBottom 32%CitywideBottom 41%

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

429 Leila Avenue — 14 amenities found within 500 m, across 6 categories, including 1 education (nearest 342 m), 2 shopping (nearest 130 m), 8 parks (nearest 157 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 5/2017CA$250k–300k
Sold price

Same street

Bottom 31%

Same area

Bottom 39%

City-wide

Bottom 25%

Related homes

Highlights & common questions: 429 Leila Avenue, Winnipeg

Property Overview

429 Leila Avenue presents a solid, middle-of-the-road home in Winnipeg's Margaret Park neighbourhood. Built in 1968, this property doesn't stand out as exceptional in any single metric but offers consistent, average performance across key measures like living space (1,040 sqft) and lot size (4,857 sqft) when compared to its immediate street, neighbourhood, and the wider city. Its appeal lies in its stability and predictability. It’s a home that mirrors the character of its area—unassuming and established. The assessed value of $30,700 places it in a similar bracket, suggesting a property that is financially in line with its peers without unexpected premiums or discounts.

This home would suit a practical, value-conscious buyer. It’s ideal for someone seeking a straightforward entry into homeownership without the volatility or premium price tag of a "top-tier" property. It could also appeal to an investor looking for a stable, average rental property in a consistent neighbourhood, as its metrics indicate little risk of being overvalued. A thoughtful perspective is that a home ranking solidly average across the board can represent a lower-risk purchase; there are no extreme features to drive undue hype or concern, which can mean a smoother appraisal and negotiation process.

Frequently Asked Questions

1. What does it mean that the property ranks "around average" in most categories?
It means that for characteristics like size, lot, and value, this home consistently falls near the middle when compared to similar homes on its street, in Margaret Park, and across Winnipeg. It indicates a property that is typical for its area, not an outlier.

2. How current is the sold price information?
The last recorded sale was between 2017, with a price range of CA$250k–300k. For the exact historical sold price, you must request it directly via email, as only ranges are published publicly.

3. Is the assessed value the same as the market value?
No. The assessed value ($30,700) is for municipal tax purposes. Market value is what a buyer would pay today and is influenced by current market conditions, which can differ significantly.

4. The home was built in 1968. What should I consider?
As a home from the late 1960s, prospective buyers should prioritize a thorough inspection. Key systems like plumbing, electrical, and the roof may be nearing or past their typical lifespan and could require updates or maintenance.

5. How does the lot size compare to newer homes?
At just under 5,000 sqft, the lot is smaller than the current city-wide average for comparable homes (about 6,570 sqft). This is typical for its era and neighbourhood, offering a manageable yard but less space than you might find in newer suburban developments.

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