Property score
59.7
Fair
Overall 59.7 · Smaller than most nearby homes
980 sqft (bottom 28%) · 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 · 3-min walk to transit with 4 nearby routes · Within 500m: 1 school, 1 shop, 8 parks, and 1 place of worship nearby
Living Area
Below average
6% smaller 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
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
59.7 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
515 Sly Drive — 12 amenities found within 500 m, across 5 categories, including 1 education (nearest 263 m), 1 shopping (nearest 245 m), 8 parks (nearest 62 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 1% | Bottom 41% | Bottom 26% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 515 Sly Drive, Winnipeg
Section 1: Key Characteristics & Appeal
This 980 sqft bungalow, built in 1966, sits on a notably spacious 6,233 sqft lot in the Margaret Park neighbourhood. Its primary appeal lies in the significant land size, which is well above average for both the local area and the wider city, offering potential for expansion, gardening, or outdoor living. The home itself is modest in size, ranking below average for living space on its street, suggesting a cozy, low-maintenance interior footprint.
The property’s assessed value is relatively low, positioning it as an accessible entry point into the Winnipeg market. This combination—a smaller, vintage home on a larger lot—creates a clear value proposition. It would best suit first-time buyers, downsizers, or practical investors looking for land value and the opportunity to customize or renovate over time. The appeal is fundamentally about the potential of the land rather than the current structure, making it a property for those with a vision for the future.
Section 2: Frequently Asked Questions
1. Is the house in need of major updates?
Given its 1966 construction and below-average living area for the street, buyers should anticipate characteristics of its era. A thorough inspection is recommended to determine the condition of major systems like roof, plumbing, and electrical, which may require updating.
2. Why is the assessed value significantly lower than the city-wide average sale price?
The assessed value (31.50k) is for taxation purposes and reflects a historical valuation, not current market value. The last recorded sale was between $250k-$300k in 2019, which is a more relevant indicator of its market price.
3. What are the advantages of such a large lot?
The lot size is a standout feature, offering above-average outdoor space for recreation, gardening, or future additions like a garage, workshop, or expanded living area, subject to local zoning bylaws.
4. How does this property compare to others in the immediate area?
On Sly Drive, this home has a smaller living area and lower assessed value than most neighbours. However, its lot size is more competitive on the street and is particularly large when compared to the broader Margaret Park area.
5. How can I find out the exact price it last sold for?
The listing service provides an estimated sold price range. To obtain the precise sale price from its 2019 transaction, you must request it directly from the provided service, which manually supplies the data via email.
Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.
