40.6
Below average
Property score
40.6
Below average
Overall 40.6
Smaller but newer than most nearby homes
672 sqft (bottom 14%)
Built in 1971 (8 yrs newer than avg)
Located in a above-average income area
with median household income of ~67k
Transit 76.0
6-min walk to transit with 4 nearby routes
Within 500m: 1 dining spot, 1 park, and 1 sports facility nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
36% smaller than neighborhood avg.
Year Built
Above average
8 yrs newer than neighborhood avg.
Mother tongue
English · 68%Tagalog · 7%
Past 10 years Margaret Park sales snapshot (~80% of all data)
234
400k
$328/sqft
1963
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40.6 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: #46110763
$67K
Median household income
$81K
Average household income
14%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.2
P90 / P10 ratio
30%
Single-person households
23%
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
76 Beeston Drive — 3 amenities found within 500 m, across 3 categories, including 1 dining (nearest 465 m), 1 parks (nearest 490 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 | Top 47% | Bottom 15% | Bottom 9% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 76 Beeston Drive, Margaret Park, Winnipeg
Section 1: Key Characteristics & Appeal
This home presents a specific and value-oriented opportunity in Winnipeg's Margaret Park neighbourhood. Its primary appeal lies in its position as one of the most affordable entry points into the city's housing market, with an assessed value significantly below area and city-wide averages. The 672 sqft bungalow, built in 1971, is notably the newest home on its street, suggesting potentially fewer immediate age-related concerns than its direct neighbours.
The property suits pragmatic, first-time buyers or investors seeking minimal property tax exposure and a straightforward footprint. Its smaller lot and living space translate to lower maintenance demands, ideal for those wanting a manageable yard and efficient living. A thoughtful perspective is its potential as a strategic "hold" property in an established area, where the land value in a mature neighbourhood may offer long-term stability. It’s less suited for those needing ample space or expecting premium finishes, but perfectly aligned with a budget-conscious, essentials-first approach to homeownership.
Section 2: Frequently Asked Questions
1. Why is the assessed value so much lower than the city average?
The assessed value is based on the property's specific attributes—including its smaller size and older construction—relative to market values. It reflects a lower valuation for municipal tax purposes, which is a key part of this home's affordability profile.
2. What does it mean that it's the "newest" home on the street?
Built in 1971, this home is newer than all other comparable homes on Beeston Drive. In a neighbourhood of similar-era houses, this could imply relatively younger major components (like roofing or foundation), though a full inspection is always recommended.
3. How does the sold price history inform the current value?
The home sold between $150k-$200k in 2017. This historical data provides a benchmark, but current market conditions, interest rates, and the property's state since then will determine its present market value.
4. Is the smaller lot size a disadvantage?
It depends on your priorities. The lot is below average in size for both the street and the city, which limits expansive outdoor space. However, this also means less yard work and lower landscaping costs, which some buyers may prefer.
5. Who are the most likely buyers for this property?
This property is most suitable for first-time homebuyers prioritizing entry into the market with low property taxes, investors looking for a compact rental unit, or downsizers seeking a minimal-maintenance footprint in a settled neighbourhood.
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