433 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
311k
0255075100
Same streetBottom 38%Same areaBottom 44%CitywideBottom 33%
Same street · Leila Avenue
#207 / 333
Bottom 38% · Avg 332.7k
Same area · Margaret Park
#379 / 676
Bottom 44% · Avg 304.6k
Citywide · Winnipeg
#131,157 / 194,458
Bottom 33% · 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

433 Leila Avenue — 14 amenities found within 500 m, across 6 categories, including 1 education (nearest 349 m), 2 shopping (nearest 119 m), 8 parks (nearest 158 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 10/2020CA$300k–350k
Sold price

Same street

Top 49%

Same area

Top 38%

City-wide

Bottom 39%
Sold 10/2017CA$250k–300k
Sold price

Same street

Bottom 24%

Same area

Bottom 34%

City-wide

Bottom 23%

Related homes

Highlights & common questions: 433 Leila Avenue, Winnipeg

Property Overview: 433 Leila Avenue, Winnipeg

Key Characteristics, Appeal & Ideal Buyer

This home at 433 Leila Avenue in Margaret Park is a study in solid, middle-of-the-road value. Built in 1968, it features 1,040 sqft of living space on a 4,857 sqft lot, with an assessed value of $31,100. The data consistently shows this property performing "around average" compared to homes on its street, in its neighbourhood, and across Winnipeg. This isn't a standout trophy home, but rather a stable and predictable offering in a mature community.

Its primary appeal lies in its stability and affordability within the city. For a buyer, this translates to less competition and pricing volatility compared to hot-market areas, offering a manageable entry point into homeownership. The lot size is generous for the area, providing good outdoor space relative to many city lots. A thoughtful perspective is that a home ranking consistently average across multiple metrics often indicates a well-established, no-surprises neighbourhood—a feature that appeals to those seeking consistency over flash.

This property would best suit a first-time homebuyer, a practical downsizer, or an investor looking for a straightforward rental property. It’s for someone who prioritizes a sensible, budget-conscious purchase in a settled area over luxury finishes or a trendy location. The historical sale prices (approximately $250k-$350k in the past decade) suggest a market segment insulated from the most extreme price swings.

Frequently Asked Questions

1. What does "around average" in all the rankings really mean for a buyer?
It means the home is typical for its surroundings. You’re not overpaying for an inflated feature, nor are you getting a hidden gem at a discount. It represents a fair, market-value purchase based on its characteristics.

2. The assessed value is $31,100, but historical sales are around $300k. Why the huge difference?
The assessed value is for municipal tax purposes only and is not an indicator of market value. In Manitoba, tax assessments are typically a fraction of a home's actual market price. Always rely on recent comparable sales and a professional appraisal for true market value.

3. The home was built in 1968. What should I be aware of?
Homes from this era may have original components nearing the end of their service life, such as the roof, windows, or major systems like plumbing and electrical. A thorough inspection is crucial to budget for any necessary updates or repairs.

4. How stable has the property's value been?
The sold price data shows it appreciated between 2017 and 2020, which aligns with broader market trends of that period. Its consistent "average" rankings suggest its value moves in step with the local area rather than outperforming or underperforming dramatically.

5. Can I get the exact historical sold prices?
The exact prices are not publicly displayed in detail. As noted on the listing, you can request this information directly via email from the service, which provides it manually without marketing spam.

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