27 Margolis Place

Meadows, Winnipeg

Property score

64.5

Fair

Overall 64.5 · Compared with neighbourhood average

1,040 sqft (bottom 35%) · Built in 1987 (3 yrs older than avg)

Located in a above-average income area with median household income of ~81k

Transit 80.0 · 3-min walk to transit with 3 nearby routes · Within 500m: 2 dining spots, 1 school, and 4 parks nearby

Living Area

Below average

19% smaller than neighborhood avg.

Year Built

Near average

3 yrs older than neighborhood avg.

Mother tongue

English · 79%Punjabi · 2%

Past 10 years Meadows sales snapshot (~80% of all data)

Sold Count

637

Median price

475.6k

$/sqft

$441/sqft

Avg build year

1990

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Property score

64.5 is composed by the two sections below.

Property Score

63.7Fair
Living Area52
1,040 sqftFair
Year Built78
1987Good
Lot Size95
9,562 sqftExcellent
Neighbourhood Sales Activity53
Fair

Community Score

65.8Good
Household Income77
Good
Education Level34
Low
Housing Stress74
Good
Core Housing Need63
Fair
Employment Health68
Good

Neighbourhood Sales

Meadows

How to read: Share of sales in each ~$50k price band for “meadows” (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: #46110871

Community deep dive

$81K

Median household income

$86K

Average household income

9%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.9

P90 / P10 ratio

22%

Single-person households

24%

Families with children

Population, labour & age

Population (2021)535
Labour force participation rate67%
Median age42.0
Avg household size2.4
Unemployment rate7%
Population density2675 / km²

Households & income

Low income (LIM-AT, % pop.)9%
Single-person households22%
Couple families with children24%
Median household income (2020)$81K

Housing

Renter households36%
Condominium dwellings0%
Median dwelling value (owners)$300K

Diversity, education & language

Immigrants (share of pop.)20%
Visible minority24%
Bachelor's or higher (25–64)16%
Mother tongue (1st)English · 78%
Mother tongue (2nd)Punjabi · 1%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

around average
1,040 sqft
0255075100
Same streetBottom 43%Same areaBottom 35%CitywideBottom 32%
Same street · Margolis Place
#8 / 14
Bottom 43% · Avg 1,002 sqft
Same area · Meadows
#1,276 / 1,959
Bottom 35% · Avg 1,286 sqft
Citywide · Winnipeg
#132,478 / 194,458
Bottom 32% · Avg 1,342 sqft

Tax-Assessed Value

around average
369k
0255075100
Same streetBottom 36%Same areaBottom 38%CitywideTop 47%
Same street · Margolis Place
#9 / 14
Bottom 36% · Avg 365.9k
Same area · Meadows
#1,208 / 1,959
Bottom 38% · Avg 409.1k
Citywide · Winnipeg
#91,965 / 194,458
Top 47% · Avg 390.1k

Year Built

above average
1987
0255075100
Same streetBottom 36%Same areaTop 37%CitywideTop 25%

Lot Size

Elite
9,562 sqft
0255075100
Same streetTop 36%Same areaTop 4%CitywideTop 7%

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

27 Margolis Place — 7 amenities found within 500 m, across 3 categories, including 2 dining (nearest 434 m), 1 education (nearest 362 m), 4 parks (nearest 224 m).

Search radius
🍽️Dining2
🏫Education1
🌳Parks4

Crime & Safety

Meadows · WPS public data · 2026

Annual incidents

9

2026

vs. city avg

-69%

relative to avg

Year-over-year

-92%

vs. prior year

Primary type

Property

78%

Sales History

Sold 12/2020CA$250k–300k
Sold price

Same street

Bottom 1%

Same area

Bottom 27%

City-wide

Bottom 37%

Related homes

Highlights & common questions: 27 Margolis Place, Winnipeg

Property Overview: 27 Margolis Place, Winnipeg

Key Characteristics & Appeal

This home at 27 Margolis Place in the Meadows neighbourhood presents a compelling case for value-focused buyers, particularly those who prioritize land. Built in 1987, the 1,040 sqft house offers living space that is typical for its immediate street and area. Its standout feature is the generous 9,562 sqft lot, which ranks in the top 4% of all properties in the Meadows, offering significant outdoor space and potential relative to local norms.

The appeal lies in this land-to-house ratio. While the home itself is modest and of average size for the community, the lot size is a considerable asset, providing room for gardening, expansion, or simply more private outdoor living. The property’s assessed value is consistent with the local area, suggesting a stable, no-surprises valuation. It last sold between $250k-$300k in 2020.

This property would best suit a practical buyer—perhaps a first-time homeowner, a downsizer, or an investor—who sees value in the land itself. It’s for someone comfortable with a home that may require updates (given its age) but who recognizes the long-term advantage and rarity of a larger lot in a settled neighbourhood. It’s less about immediate luxury and more about foundational value and future potential.

Frequently Asked Questions

1. Is the lot size unusual for the area?
Yes. The lot is approximately 9,562 sqft, which is significantly larger than the Meadows neighbourhood average of about 5,372 sqft, placing it in the top 4% locally.

2. How does the home’s size compare?
The 1,040 sqft living area is fairly standard. It’s slightly above average for its specific street but a bit below the broader city average, indicating a compact, efficient floor plan.

3. What does the assessed value indicate?
The $36,900 assessed value is squarely in line with averages for both the street and the Meadows neighbourhood, reflecting a stable, mid-range valuation for tax purposes within this community.

4. When was it last sold and for how much?
The property was sold in 2020. The public price range is between $250,000 and $300,000. For the precise sale price, you can request the exact figure via email from the listing source.

5. What is the neighbourhood context like?
It’s a mature, established street. The data shows homes on Margolis Place were built around the same period (late 1980s), and this property’s characteristics are generally typical of the street, with the notable exception of its larger-than-standard lot.