7 Hanna Street

Margaret Park, Winnipeg

Property score

65.8

Good

Overall 65.8 · Compared with neighbourhood average

1,131 sqft (top 34%) · Built in 1965 (2 yrs newer than avg)

Located in a above-average income area with median household income of ~72.5k

Transit 86.0 · 2-min walk to transit with 4 nearby routes · Within 500m: 1 school, 1 shop, 7 parks, and 1 bank/ATM nearby

Living Area

Near average

8% larger than neighborhood avg.

Year Built

Below average

2 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

65.8 is composed by the two sections below.

Property Score

59.3Fair
Living Area1,131 sqft60Fair
Year Built196546Low
Lot Size6,595 sqft85Excellent
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
1,131 sqft
0255075100
Same streetTop 42%Same areaTop 34%CitywideBottom 43%
Same street · Hanna Street
#8 / 19
Top 42% · Avg 1,143 sqft
Same area · Margaret Park
#229 / 676
Top 34% · Avg 1,047 sqft
Citywide · Winnipeg
#110,855 / 194,458
Bottom 43% · Avg 1,342 sqft

Tax-Assessed Value

above average
340k
0255075100
Same streetTop 42%Same areaTop 26%CitywideBottom 43%
Same street · Hanna Street
#8 / 19
Top 42% · Avg 336.9k
Same area · Margaret Park
#175 / 676
Top 26% · Avg 304.6k
Citywide · Winnipeg
#111,544 / 194,458
Bottom 43% · Avg 390.1k

Year Built

above average
1965
0255075100
Same streetTop 26%Same areaBottom 37%CitywideBottom 47%

Lot Size

above average
6,595 sqft
0255075100
Same streetTop 21%Same areaTop 11%CitywideTop 21%

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

7 Hanna Street — 12 amenities found within 500 m, across 6 categories, including 1 education (nearest 81 m), 1 shopping (nearest 393 m), 7 parks (nearest 216 m).

Search radius
🏫Education1
🛒Shopping1
🌳Parks7
🏦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 7/2024CA$350k–400k
Sold price

Same street

Top 20%

Same area

Top 9%

City-wide

Top 35%

Related homes

Highlights & common questions: 7 Hanna Street, Winnipeg

Property Overview: 7 Hanna Street, Winnipeg

Key Characteristics & Appeal

This home presents a solid, middle-ground opportunity in Winnipeg's Margaret Park neighborhood. Built in 1965, it offers 1,131 sqft of living space on a notably generous 6,595 sqft lot. The data suggests its primary appeal lies in its balance and space. While the house itself is average in size for the area, the lot size stands out, ranking well above average both locally and city-wide. This offers valuable outdoor space and potential not found in many comparable properties. The assessed value of $340k aligns with the home's positioning, and its last sale in the $350k-$400k range indicates a stable market perception.

It would suit practical buyers looking for a manageable home with room to breathe outdoors—perfect for gardeners, families wanting a large yard, or those who value future expansion potential over a recently built structure. It’s a property for someone who sees the value in the land as much as the dwelling, offering a foothold in a neighborhood without the premium of a fully renovated or oversized home.


Frequently Asked Questions

1. How does this property compare to others on the street?
It holds its own with an average living area and assessed value for Hanna Street. Its key advantage is the lot size, which is larger than most of its immediate neighbors.

2. Is the price fair based on recent sales?
The home sold for between $350,000 and $400,000 in 2024, which is above its current assessed value of $340,000. This recent sale price suggests the market values it higher than the city's assessment, a point for negotiation or value consideration.

3. What does the lot size ranking actually mean for me?
Ranking in the top 21% on the street and top 11% in Margaret Park for land area is significant. It means you're getting more outdoor space than most homes in the area, which is a fixed asset that adds utility and long-term value.

4. The home was built in 1965. What should I expect?
While the year is average for the city, it ranks "above average" for Hanna Street, meaning it's actually one of the newer homes on the block. Buyers should still budget for updates consistent with a home of this age, but it may be relatively modern compared to its direct neighbors.

5. How can I find out the exact past sale price?
The provider only publishes a sold price range publicly. You can request the exact historical sold prices by emailing them directly, a process they handle manually with a promise of no marketing spam.

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