Property Overview: 350 Margaret Avenue, Winnipeg
Key Characteristics, Appeal & Ideal Buyer
This home presents a compelling case for value and space within Winnipeg’s Margaret Park neighborhood. Its key characteristic is its above-average scale relative to its immediate surroundings. With 1,280 sqft of living area, it ranks in the top 20% on its street and top 11% within Margaret Park, offering more interior space than most local comparables. This is paired with a generous, flat lot of nearly 5,000 sqft. Built in 1973, it is a newer construction compared to many area homes, potentially suggesting fewer immediate concerns with aging infrastructure. The assessed value is notably above average for the street and neighborhood, which often reflects these positive attributes of size and modernity.
The appeal lies in securing a spacious, mid-century home on a sizable lot in an established community, without the premium of a newer suburban build. It suits practical buyers looking for room to grow or simply more space than typical for the area, and who may appreciate a property that already stands out in terms of municipal assessment. A thoughtful perspective is that its above-average metrics for the neighborhood could indicate a home that has been maintained or updated over time, offering a balance of character and practicality.
Frequently Asked Questions
1. How does the sold price history work?
The listed sold price range (e.g., CA$350k–400k for 2022) is based on available public data. To obtain the exact historical sale price, you can request it via email from the site; they provide this detail manually without using your email for marketing.
2. What do the rankings and percentiles mean?
They show how this property compares to others. For example, ranking 18 of 89 for living area on Margaret Avenue means it’s larger than 88 other homes, placing it in the top 20%. The “top X%” badge quickly tells you if it’s above, at, or below the local average.
3. Is the 1973 build date an advantage?
In this context, likely yes. The data shows the average build year on the street is 1955 and 1963 in Margaret Park. A 1973 home is newer than most peers, which can mean modern wiring, plumbing, and insulation compared to much older stock.
4. The assessed value seems high for the area. Is that good?
A consistently above-average assessment compared to neighbors often reflects desirable tangible attributes—like more square footage, a larger lot, or recent improvements. It generally indicates the municipality views it as a higher-value property within its immediate market.
5. Can I see how this property compares visually to the neighborhood?
Yes. The listing suggests using the “neighbourhood analysis page” to see the home on a map alongside nearby properties, allowing for a direct visual comparison of lot size, year built, and other metrics.