Property score
66.8
Good
Overall 66.8 · Compared with neighbourhood average
1,148 sqft (top 31%) · Built in 1966 (3 yrs newer than avg)
Located in a above-average income area with median household income of ~72.5k
Transit 86.0 · 4-min walk to transit with 4 nearby routes · Within 500m: 1 school, 1 shop, 8 parks, and 1 place of worship nearby
Living Area
Near average
10% larger than neighborhood avg.
Year Built
Near average
3 yrs newer than neighborhood avg.
Mother tongue
English · 63%Tagalog · 15%
Past 10 years Margaret Park sales snapshot (~80% of all data)
234
400k
$328/sqft
1963
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66.8 is composed by the two sections below.
Property Score
Community Score
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.
Sales-to-New-Listings
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
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.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110766
$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
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
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.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
480 Sly Drive — 12 amenities found within 500 m, across 5 categories, including 1 education (nearest 160 m), 1 shopping (nearest 404 m), 8 parks (nearest 185 m).
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%
480 Sly Drive: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 480 Sly Drive, Margaret Park, Winnipeg
Section 1: Key Characteristics & Appeal
This home presents a compelling blend of space, value, and location within the established Margaret Park neighborhood. Its key appeal lies in its generous 7,482 sqft lot, which ranks well above average for both the local area and the wider city, offering significant outdoor space and potential. Built in 1966, it is a solidly maintained property from that era. The 1,148 sqft living area is comfortably sized and typical for the street.
A standout feature is the home's Assessed Value of $40,200, which places it in the elite top 3% of both Sly Drive and the broader Margaret Park area. This suggests the property is assessed favorably relative to its immediate peers, which can be an attractive point for value-conscious buyers. The combination of a larger-than-average lot and a strong assessment position makes this property particularly suited to buyers looking for a home with room to grow, garden, or enjoy outdoor privacy without venturing to the city's outskirts. It would also suit an investor or homeowner who appreciates the stability of an older, established neighborhood and sees potential in the land itself.
Section 2: Frequently Asked Questions
1. What does the "Elite" assessed value ranking actually mean?
It means this home's city assessment is among the highest 3% when compared directly to its neighbors on Sly Drive and in the Margaret Park area. This doesn't dictate market price, but it indicates the property is officially valued very strongly within its immediate context.
2. Is the living space smaller than average?
The living area is slightly below the average for Margaret Park but is very close to the average for Sly Drive itself. It represents a standard floor plan for homes of this vintage in the neighborhood.
3. What are the implications of a 1966 build year?
Homes from this period often feature practical layouts and durable construction. Buyers should budget for updates consistent with a home of this age, such as windows, roofing, or mechanical systems, while appreciating the character and mature landscaping that come with it.
4. How does the lot size compare in practical terms?
At nearly 7,500 sqft, the lot is significantly larger than the typical Winnipeg lot (approx. 5,139 sqft). This translates to more backyard space, greater distance from neighbors, and possible flexibility for additions, gardening, or recreational features.
5. Why is there no public sold price history shown?
Detailed sale history is not always available in public records. The listing service offers to provide the exact sold price history manually via email to ensure accuracy and privacy for past transactions.
