Property Overview: 279 Southall Drive, Margaret Park, Winnipeg
Key Characteristics & Buyer Appeal
This 1,130 sqft bungalow, built in 1967, presents a solid, no-surprises opportunity in Winnipeg's Margaret Park neighborhood. Its primary appeal lies in its above-average land size—a 6,473 sqft lot that ranks in the top 16% on its own street—offering more outdoor space than many comparable properties. The home itself is consistently average in terms of living area and assessed value for the area, suggesting it's a standard, well-proven layout without extreme peaks or valleys in its metrics.
The property would suit pragmatic buyers, such as first-time homeowners or downsizers, who value space and stability over flashy updates. It’s for someone who sees potential in a generous lot, whether for gardening, pets, or future expansion, and is comfortable with a home that reflects its late-1960s origins. A thoughtful perspective is that its "average" rankings across most categories signal a lower risk of overpaying for premium features or dealing with the quirks of a true outlier. It’s a home that represents the established character of its street.
Frequently Asked Questions
1. How does the property’s value compare to recent sales?
It last sold in 2024 for an estimated $350k-$400k. Its assessed value is on par with the street average but is above average for the broader Margaret Park area, indicating it sits in a slightly higher-valued pocket of the neighborhood.
2. Is the lot size a significant advantage?
Yes. The lot is substantially larger than the average for both Margaret Park and the city overall. This is the home's standout feature, offering more private outdoor space than many similar properties.
3. What does the "above average" year built ranking mean?
Built in 1967, it is newer than most homes on Southall Drive. This suggests the immediate streetscape may have a slightly more modern infrastructure and housing stock compared to other parts of the city.
4. Are exact historical sale prices available?
The precise sale prices are not publicly listed. The provided sale range is based on public data, but the accurate figure can be requested directly from the listing service via email.
5. How does this home fit within the local context?
It is a quintessential Margaret Park property: average in size and value for the area, but with the benefit of a larger-than-typical lot. It doesn’t lead the market in finishes or size, but offers a balanced, spacious package characteristic of this established Winnipeg neighborhood.