43 Marcus Place

Meadows, Winnipeg

69.2

Good

Overall 69.2

Older than most nearby homes

1,200 sqft (top 48%)

Built in 1983 (7 yrs older than avg)

Located in a above-average income area

with median household income of ~66k

Transit 74.0

3-min walk to transit with 2 nearby routes

Within 500m: 1 dining spot, 1 school, 3 parks, and 1 fuel station nearby

Living Area

Near average

7% smaller than neighborhood avg.

Year Built

Below average

7 yrs older than neighborhood avg.

Mother tongue

English · 80%Tagalog · 3%

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

69.2 is composed by the two sections below.

Property Score

70.1Good
Living Area1,200 sqft66Good
Year Built198373Good
Lot Size7,071 sqft88Excellent
Neighbourhood Sales Activity53Fair

Community Score

67.8Good
Household Income68Good
Education Level54Fair
Housing Stress74Good
Core Housing Need88Excellent
Employment Health68Good

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: #46110870

Community deep dive

$66K

Median household income

$78K

Average household income

6%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.5

P90 / P10 ratio

48%

Single-person households

14%

Families with children

Population, labour & age

Population (2021)591
Labour force participation rate60%
Median age44.0
Avg household size1.9
Unemployment rate3%
Population density4546 / km²

Households & income

Low income (LIM-AT, % pop.)6%
Single-person households48%
Couple families with children14%
Median household income (2020)$66K

Housing

Renter households25%
Condominium dwellings51%
Median dwelling value (owners)$250K

Diversity, education & language

Immigrants (share of pop.)19%
Visible minority11%
Bachelor's or higher (25–64)25%
Mother tongue (1st)English · 79%
Mother tongue (2nd)Tagalog · 3%

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

Rankings

Living Area

around average
1,200 sqft
0255075100
Same streetBottom 1%Same areaTop 48%CitywideTop 50%
Same street · Marcus Place
#11 / 11
Bottom 1% · Avg 1,263 sqft
Same area · Meadows
#947 / 1,959
Top 48% · Avg 1,286 sqft
Citywide · Winnipeg
#97,378 / 194,458
Top 50% · Avg 1,342 sqft

Tax-Assessed Value

around average
425k
0255075100
Same streetTop 36%Same areaTop 39%CitywideTop 33%
Same street · Marcus Place
#4 / 11
Top 36% · Avg 421.7k
Same area · Meadows
#762 / 1,959
Top 39% · Avg 409.1k
Citywide · Winnipeg
#63,965 / 194,458
Top 33% · Avg 390.1k

Year Built

above average
1983
0255075100
Same streetTop 9%Same areaBottom 24%CitywideTop 31%

Lot Size

above average
7,071 sqft
0255075100
Same streetTop 36%Same areaTop 10%CitywideTop 16%

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

43 Marcus Place — 6 amenities found within 500 m, across 4 categories, including 1 dining (nearest 209 m), 1 education (nearest 282 m), 3 parks (nearest 331 m).

Search radius
🍽️Dining1
🏫Education1
🌳Parks3
Fuel Stations1

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 3/2022CA$400k–450k
Sold price

Same street

Top 50%

Same area

Top 25%

City-wide

Top 29%

Related homes

Highlights & common questions: 43 Marcus Place, Winnipeg

Property Overview: 43 Marcus Place, Winnipeg

Key Characteristics & Appeal

This home at 43 Marcus Place in the Meadows neighborhood presents a practical opportunity centered on its generous lot and established setting. Built in 1983, it is one of the newer homes on its street. The 1,200 sqft living space is modest, particularly for the immediate street, but the true standout feature is the 7,071 sqft land area, which is well above average for both the Meadows area and the city overall. This offers significant outdoor space for gardening, recreation, or future expansion.

The home’s assessed value is consistent with area averages. A key piece of context is its sale in 2022 within the $400k-$450k range, which performed better relative to the area and city than its current assessment might suggest. This points to a property whose market value can outpace its official valuation.

This property would suit a buyer who prioritizes land size over interior square footage—perfect for those wanting a large yard in a mature neighborhood. It’s also a sensible match for a value-conscious purchaser looking for a home with newer construction (relative to its peers) and a stable history in a well-established community.

Frequently Asked Questions

1. How does the lot size compare to nearby properties?
The lot is a defining advantage. At over 7,000 sqft, it ranks in the top 10% within the Meadows neighborhood, meaning it is substantially larger than most lots nearby and across Winnipeg.

2. The living area seems smaller than neighbors'. Is that a concern?
The living space is compact relative to other homes on Marcus Place, but is close to the average for the wider Meadows area. This highlights a trade-off: you gain a larger yard while the home itself is of a practical, manageable size.

3. What does the 2022 sale price tell us about its value?
The sale price from 2022 placed the home in the top 25% for the area at that time, indicating it has previously attracted market value well above the median. This historical performance can be a useful benchmark alongside the current assessed value.

4. Is the home older or newer than others in the area?
Built in 1983, it is actually the newest home on its street. However, within the broader Meadows neighborhood, it is slightly older than the average, offering a balance of established community character with relatively modern construction.

5. How is the assessed value positioned compared to the city?
The assessed value is around average for its street and neighborhood, but sits in the top third citywide. This suggests the property holds its value competitively within the broader Winnipeg market.

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