56.9
Fair
Property score
56.9
Fair
Overall 56.9
Smaller but newer than most nearby homes
807 sqft (bottom 5%)
Built in 2005 (17 yrs newer than avg)
Located in a above-average income area
with median household income of ~74k
Transit 82.0
7-min walk to transit with 5 nearby routes
Within 500m: 3 parks nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
31% smaller than neighborhood avg.
Year Built
Above average
17 yrs newer than neighborhood avg.
Mother tongue
English · 69%Tagalog · 8%
Past 10 years Mission Gardens sales snapshot (~80% of all data)
456
413k
$355/sqft
1988
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56.9 is composed by the two sections below.
Property Score
Community Score
Mission Gardens
How to read: Share of sales in each ~$50k price band for “mission gardens” (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: #46110834
$74K
Median household income
$92K
Average household income
25%
Low income (LIM-AT)
0.3
Income inequality (Gini)
4.3
P90 / P10 ratio
13%
Single-person households
30%
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
131 Paul Martin Drive — 3 amenities found within 500 m, across 1 categories, including 3 parks (nearest 103 m).
Mission Gardens · WPS public data · 2026
Annual incidents
9
2026
vs. city avg
-69%
relative to avg
Year-over-year
▼ -93%
vs. prior year
Primary type
Property
67%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 1% | Bottom 28% | Bottom 34% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This home at 131 Paul Martin Drive in Winnipeg's Mission Gardens neighborhood presents a specific value proposition. Built in 2005, it's a notably modern property compared to the Winnipeg average. Its key characteristic is the balance between a compact 807 sqft living area and a generous, above-average lot size of nearly 5,000 sqft for its immediate street. This creates a dynamic where the indoor space is efficient, but the outdoor potential is significant relative to nearby homes. With an assessed value of $350,000, it sits around the middle range for the broader area and city.
The appeal lies in this land-to-structure ratio, offering a low-maintenance interior paired with a sizable yard in a well-established neighborhood. It suits first-time buyers or downsizers seeking modern construction (avoiding the maintenance of an older home) who prioritize outdoor space for gardening, pets, or future expansion over expansive square footage indoors. It may also appeal as a strategic entry point into the market, where the land represents a substantial portion of the asset's value.
Frequently Asked Questions
1. Is the living area too small?
At 807 sqft, the home is significantly smaller than most on its street and in the area. It requires efficient use of space and would not suit those needing multiple large bedrooms or extensive living areas. However, for one or two people, it can be very functional and cost-effective to heat and maintain.
2. How does the assessed value compare to likely selling price?
The assessed value of $350,000 is for municipal tax purposes. The last recorded sale was between $250k-$300k in 2016. The current market value will depend on condition, updates, and market trends, but the assessment provides a baseline that shows it's positioned in the mid-range for the city.
3. What does the lot size mean for me?
At 4,994 sqft, the lot is larger than most on Paul Martin Drive. This is the property's standout feature, offering more privacy, yard space, and potential for additions, decks, or landscaping than you might typically find with a home of this size and age.
4. Is the 2005 build date an advantage?
Yes, significantly. This means major components like the roof, windows, furnace, and electrical system are likely only halfway through their typical lifespan, reducing the risk of near-term major capital repairs compared to the city's average home built in the 1960s.
5. What’s the neighborhood like for a young home?
Mission Gardens has an average build year around 1988, so a 2005 home is among the newer. This suggests the neighborhood is stable and established, yet this property offers the benefits of more contemporary construction standards within that mature setting.
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