69.2
Good
Property score
69.2
Good
Overall 69.2
Larger than most nearby homes
1,236 sqft (top 18%)
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
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Above average
18% 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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69.2 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
484 Sly Drive — 12 amenities found within 500 m, across 5 categories, including 1 education (nearest 161 m), 1 shopping (nearest 387 m), 8 parks (nearest 203 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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 36% | Top 24% | Top 49% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 484 Sly Drive, Margaret Park, Winnipeg
Key Characteristics & Appeal
This home presents a compelling balance of space, value, and location within the established Margaret Park neighbourhood. Its key appeal lies in its generous 7,959 sqft lot, which ranks within the top 4% of the area, offering significant outdoor space and potential that is increasingly rare. The 1,236 sqft living area is comfortably above average for both the immediate street and the neighbourhood, providing ample room.
The property’s assessed value of $360k positions it as a strong, above-average value within Margaret Park (top 12%), suggesting a good level of finish or desirable features for the price point. Built in 1966, it is a mature home typical of the area, likely appealing to those who appreciate established communities with larger lot sizes. This home would suit a buyer looking for a solid, spacious property in a quiet neighbourhood without a premium city-wide price tag, particularly those who value a substantial yard over a brand-new build. A thoughtful perspective is that its strongest rankings are in lot size and neighbourhood value, indicating its prime asset is the land itself within a sought-after local context, making it a wise long-term hold in a city where large lots are diminishing.
Frequently Asked Questions
1. How does this property compare to others on the street and in the area?
The data shows this home stands out on its street for its assessed value (top 21%) and year built (top 15%). Its most significant advantage is within the wider Margaret Park area, where its lot size is in the elite top 4% and its value ranks in the top 12%, indicating it's a strong performer locally.
2. What is the likely condition of a home built in 1966?
As a 60-year-old property, buyers should budget for updates common to homes of this era, such as roofing, windows, or mechanical systems. Its above-average assessed value for the neighbourhood may reflect some prior updates or well-maintained original condition.
3. Why is the lot size highlighted as a key feature?
At nearly 8,000 sqft, the lot is substantially larger than the average lot in Margaret Park (~5,139 sqft) and city-wide (~6,570 sqft). This allows for greater privacy, landscaping possibilities, garden space, or future expansion like a shed or deck, which adds tangible value.
4. The sold price history shows a range of $300k–350k in 2022. Why is the current assessed value $360k?
Assessed values are for municipal tax purposes and can differ from market value. The increase from the 2022 sale price to the 2024 assessment could reflect market appreciation, property improvements, or the assessment methodology. It's a starting point for determining current market value.
5. Who would this property be most suitable for?
It's an excellent fit for buyers seeking space—both indoors and outdoors—in a stable neighbourhood. It would suit a young family wanting a large yard, a downsizer looking for a manageable single-level home with garden potential, or an investor attracted by the enduring value of a large lot in a established area.
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