437 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 · 1-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

above average
344k
0255075100
Same streetTop 49%Same areaTop 22%CitywideBottom 44%
Same street · Leila Avenue
#164 / 333
Top 49% · Avg 332.7k
Same area · Margaret Park
#148 / 676
Top 22% · Avg 304.6k
Citywide · Winnipeg
#108,668 / 194,458
Bottom 44% · 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

437 Leila Avenue — 14 amenities found within 500 m, across 6 categories, including 1 education (nearest 356 m), 2 shopping (nearest 109 m), 8 parks (nearest 150 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 12/2022CA$350k–400k
Sold price

Same street

Top 22%

Same area

Top 14%

City-wide

Top 40%
Sold 5/2017CA$250k–300k
Sold price

Same street

Bottom 26%

Same area

Bottom 36%

City-wide

Bottom 24%

Related homes

Highlights & common questions: 437 Leila Avenue, Winnipeg

Property Summary: 437 Leila Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This home at 437 Leila Avenue in Margaret Park is a classic Winnipeg property that represents solid, middle-of-the-market value. Built in 1968, it offers 1,040 sqft of living space on a generous 4,857 sqft lot. The data indicates it is consistently "around average" for its street and neighbourhood in terms of size, lot, and age, suggesting it fits seamlessly into a stable, established community. Its assessed value, however, ranks "above average" within Margaret Park itself, hinting that it may be a well-maintained or favorably positioned home within its immediate area.

The primary appeal lies in its predictability and balance. It’s not an outlier in any category, which can be reassuring for buyers seeking a home that holds its value in line with local norms. The lot size is a notable asset, offering ample outdoor space that is becoming less common in newer developments. This property would suit first-time buyers, downsizers, or pragmatic investors looking for a straightforward, no-surprises home in a mature neighbourhood. It’s for someone who values space and stability over modern finishes or a premium location.

Section 2: Frequently Asked Questions

1. How does this home’s value compare to the wider city?
While its assessed value is above average for Margaret Park, it sits around the middle when compared to the entire city of Winnipeg. This suggests you are paying for a solid home in a specific, established neighbourhood rather than a city-wide premium.

2. What does the sale history tell us?
The home sold previously in 2017 and again in 2022, with the price increasing from the $250k-$300k range to the $350k-$400k range. This indicates steady appreciation over that five-year period, consistent with broader market trends.

3. Is the house due for major updates?
Built in 1968, the home is approaching 60 years old. While the systems and structure may be sound, buyers should budget for potential updates to major aging components like the roof, windows, or furnace, which is typical for homes of this vintage.

4. How does the lot size benefit me?
At nearly 5,000 sqft, the lot is larger than many in the area. This provides more privacy, yard space for gardening or recreation, and future potential (like adding a shed or deck) compared to properties on smaller, newer lots.

5. Where can I get more specific data on sold prices or the neighbourhood?
The listing notes that exact sold prices are available upon request via email. For a detailed visual comparison with nearby homes regarding lot size, year built, and value, you can explore the dedicated neighbourhood analysis map linked in the original details.

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