7 Marcus Place

Meadows, ਵਿਨੀਪਿਗ

Property score

67.8

Good

Overall 67.8 · Older than most nearby homes

1,252 sqft (top 44%) · Built in 1978 (12 yrs older than avg)

Located in a above-average income area with median household income of ~66k

Transit 74.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 1 dining spot, 1 school, 2 parks, and 1 fuel station nearby

ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ

Near average

3% smaller than neighborhood avg.

ਤਰੀਕ ਤੋਂ ਬਣਿਆ

Below average

12 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

67.8 is composed by the two sections below.

Property Score

67.8Good
ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ1,252 sqft66Good
ਤਰੀਕ ਤੋਂ ਬਣਿਆ197867Good
ਜ਼ਮੀਨ6,207 sqft81Excellent
Neighbourhood Sales Activity53Fair

Community Score

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

ਕਮਿਊਨਿਟੀ ਵਿਕਰੀ ਅੰਕੜੇ

Meadows

How to read: Share of sales in each ~$50k price band for “meadows” (ਡੀਟੈਚਡ ਘਰ (ਕੋਂਡੋ ਨਹੀਂ), 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.

ਰੈਂਕਿੰਗ

ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ

ਔਸਤ
1,252 sqft
0255075100
Same streetਹੇਠਲੇ 45%Same areaਟਾਪ 44%Citywideਟਾਪ 45%
Same street · Marcus Place
#6 / 11
ਹੇਠਲੇ 45% · ਔਸਤ 1,263 sqft
Same area · Meadows
#855 / 1,959
ਟਾਪ 44% · ਔਸਤ 1,286 sqft
Citywide · ਵਿਨੀਪਿਗ
#88,473 / 194,458
ਟਾਪ 45% · ਔਸਤ 1,342 sqft

ਮੁਲਾਂਕਣ ਮੁੱਲ

ਔਸਤ
384k
0255075100
Same streetਹੇਠਲੇ 1%Same areaਹੇਠਲੇ 46%Citywideਟਾਪ 43%
Same street · Marcus Place
#11 / 11
ਹੇਠਲੇ 1% · ਔਸਤ 421.7k
Same area · Meadows
#1,057 / 1,959
ਹੇਠਲੇ 46% · ਔਸਤ 409.1k
Citywide · ਵਿਨੀਪਿਗ
#83,066 / 194,458
ਟਾਪ 43% · ਔਸਤ 390.1k

ਤਰੀਕ ਤੋਂ ਬਣਿਆ

ਔਸਤ
1978
0255075100
Same streetਟਾਪ 36%Same areaਹੇਠਲੇ 10%Citywideਟਾਪ 35%

ਜ਼ਮੀਨ

ਔਸਤ ਤੋਂ ਉੱਪਰ
6,207 sqft
0255075100
Same streetਹੇਠਲੇ 18%Same areaਟਾਪ 18%Citywideਟਾਪ 27%

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.

ਆਵਾਜਾਈ ਅਤੇ ਪੈਦਲ ਚੱਲਣਯੋਗਤਾ

ਨੇੜੇ ਦੇ ਸਟਾਪ, ਰੂਟ ਅਤੇ ਟ੍ਰਾਂਜ਼ਿਟ ਸਕੋਰ

Nearby Amenities

Dining, education, healthcare, shopping & more

7 Marcus Place — 5 amenities found within 500 m, across 4 categories, including 1 dining (nearest 262 m), 1 education (nearest 287 m), 2 parks (nearest 323 m).

Search radius
🍽️Dining1
🏫Education1
🌳Parks2
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%

ਵਿਕਰੀ ਦਾ ਇਤਿਹਾਸ

5/2021 ਵਿਚ ਵਿਕਿਆCA$350k–400k
ਵਿਕਰੀ ਮੁੱਲ

ਉਹੀ ਸਟ੍ਰੀਟ

ਹੇਠਲੇ 33%

ਉਹੀ ਇਲਾਕਾ

ਟਾਪ 47%

ਪੂਰਾ ਸ਼ਹਿਰ

ਟਾਪ 42%

Related homes

ਵਿਨੀਪਿਗ 7 Marcus Place — ਵਿਸ਼ੇਸ਼ਤਾ ਅਤੇ ਸੰਬੰਧਿਤ ਸਵਾਲ

Property Overview: 7 Marcus Place, Winnipeg

Key Characteristics & Appeal

This home at 7 Marcus Place in the Meadows neighborhood is a study in balanced, middle-of-the-market appeal. Built in 1978, it offers 1,252 sqft of living space, which is consistently average when compared to similar homes on its street, in the area, and across Winnipeg. This suggests a comfortable, established size without extremes.

The property’s standout feature is its lot. At 6,207 sqft, the land area is notably larger than most in the Meadows and above the city-wide average. This presents a valuable opportunity for outdoor space, gardening, or future expansion, setting it apart from many neighboring properties.

Its assessed value is modest relative to its immediate street, which may indicate a different valuation approach or condition, but aligns with area averages. A key piece of context is its sale in the 2021-2022 period for an estimated $350k-$400k, providing a recent market benchmark.

This home would suit practical buyers looking for a solid foundation in a mature neighborhood—perhaps first-time homeowners who value a larger yard over a brand-new build, or downsizers seeking single-level living without sacrificing outdoor space. Its appeal lies in its unpretentious, proportional offering: adequate interior space paired with a better-than-average lot, all at a value-oriented price point.

Frequently Asked Questions

1. How does the assessed value relate to the likely market price?
The current assessed value is significantly lower than the home's last sale price in 2021. Assessments for tax purposes often lag behind market values, so the sale history is a more relevant indicator of its market worth.

2. What does the "below average" ranking for assessed value on its street mean?
This indicates it has the lowest assessed value among the 11 homes on Marcus Place. This could be due to factors like updates, specific lot attributes, or simply municipal valuation cycles, and doesn't necessarily reflect its market sale price.

3. Is the larger lot a major advantage?
Yes, especially within the Meadows neighborhood. The lot size is in the top 18% for the area, offering more private outdoor space than many comparable properties, which is a permanent and desirable asset.

4. The home was built in 1978. What should I consider?
Homes of this age are typically solidly built but will likely have aging core components, like the roof, windows, and major mechanical systems (furnace, water heater). A thorough inspection is advised to budget for any necessary updates or maintenance.

5. How can I find out the exact past sale price?
The listing service provides an estimated sold price range based on public data. To obtain the precise sale price, you must request it via email from the service, as noted on the detail page.

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