2479 King Edward Street

Inkster Gardens, Winnipeg

Property score

62.4

Fair

Overall 62.4 · Smaller than most nearby homes

923 sqft (bottom 8%) · Built in 2005 (6 yrs newer than avg)

Located in a high-income area with median household income of ~96k

Transit 64.0 · 2-min walk to transit with 1 nearby route · Within 500m: 1 school, 4 parks, and 1 place of worship nearby

Living Area

Below average

35% smaller than neighborhood avg.

Year Built

Near average

6 yrs newer than neighborhood avg.

Mother tongue

English · 48%Punjabi · 18%

Past 10 years Inkster Gardens sales snapshot (~80% of all data)

Sold Count

540

Median price

447.1k

$/sqft

$350/sqft

Avg build year

1999

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Property score

62.4 is composed by the two sections below.

Property Score

52.8Fair
Living Area923 sqft42Low
Year Built200587Excellent
Lot Size3,699 sqft46Low
Neighbourhood Sales Activity65Good

Community Score

76.8Good
Household Income83Excellent
Education Level63Fair
Housing Stress83Excellent
Core Housing Need76Good
Employment Health68Good

Neighbourhood Sales

Inkster Gardens

How to read: Share of sales in each ~$50k price band for “inkster gardens” (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: #46110201

Community deep dive

$96K

Median household income

$94K

Average household income

16%

Low income (LIM-AT)

0.3

Income inequality (Gini)

4.0

P90 / P10 ratio

7%

Single-person households

40%

Families with children

Population, labour & age

Population (2021)705
Labour force participation rate67%
Median age32.8
Avg household size3.4
Unemployment rate9%
Population density5035 / km²

Households & income

Low income (LIM-AT, % pop.)16%
Single-person households7%
Couple families with children40%
Median household income (2020)$96K

Housing

Renter households37%
Condominium dwellings0%
Median dwelling value (owners)$324K

Diversity, education & language

Immigrants (share of pop.)47%
Visible minority74%
Bachelor's or higher (25–64)30%
Mother tongue (1st)English · 48%
Mother tongue (2nd)Punjabi · 18%

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

Rankings

Living Area

around average
923 sqft
0255075100
Same streetBottom 46%Same areaBottom 8%CitywideBottom 18%
Same street · King Edward Street
#186 / 347
Bottom 46% · Avg 953 sqft
Same area · Inkster Gardens
#1,329 / 1,446
Bottom 8% · Avg 1,422 sqft
Citywide · Winnipeg
#158,538 / 194,458
Bottom 18% · Avg 1,342 sqft

Tax-Assessed Value

above average
397k
0255075100
Same streetTop 14%Same areaBottom 37%CitywideTop 39%
Same street · King Edward Street
#49 / 347
Top 14% · Avg 276.7k
Same area · Inkster Gardens
#906 / 1,446
Bottom 37% · Avg 454.9k
Citywide · Winnipeg
#75,998 / 194,458
Top 39% · Avg 390.1k

Year Built

above average
2005
0255075100
Same streetTop 21%Same areaTop 44%CitywideTop 15%

Lot Size

around average
3,699 sqft
0255075100
Same streetBottom 46%Same areaBottom 19%CitywideBottom 22%

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

2479 King Edward Street — 6 amenities found within 500 m, across 3 categories, including 1 education (nearest 245 m), 4 parks (nearest 389 m).

Search radius
🏫Education1
🌳Parks4
Worship1

Crime & Safety

Inkster Gardens · WPS public data · 2026

Annual incidents

4

2026

vs. city avg

-86%

relative to avg

Year-over-year

-97%

vs. prior year

Primary type

Property

75%

Sales History

Sold 4/2017CA$300k–350k
Sold price

Same street

Top 21%

Same area

Bottom 27%

City-wide

Bottom 48%

Related homes

Highlights & common questions: 2479 King Edward Street, Winnipeg

Property Overview: 2479 King Edward Street, Winnipeg

Key Characteristics & Appeal

This one-storey home in Inkster Gardens presents a practical and modern living opportunity. Built in 2005, it is notably newer than most homes in Winnipeg, offering contemporary construction and likely fewer immediate maintenance concerns compared to older stock. The home features a renovated basement and an attached garage, with a living space of 923 sqft on a 3,699 sqft lot.

Its primary appeal lies in its balance of modernity and value. The assessed value is strong for its immediate street, ranking well above the local average, which suggests a perceived quality or condition advantage over neighboring properties. This makes it a sensible entry point into the housing market or a low-maintenance option for downsizers. The home would suit first-time buyers seeking a modern, move-in-ready property without the premium of a brand-new build, or investors looking for a relatively new asset with proven value retention in the area. A less obvious perspective is its appeal to those who prioritize predictable upkeep; a 21-year-old home avoids the potential hidden issues of much older properties while also being past the initial "settling" phase of a new build.

Frequently Asked Questions

1. How does the property's size compare to the area?
The living area is slightly below average for the broader Inkster Gardens neighborhood and the city, but is very close to the average for homes on King Edward Street itself. This indicates the home is typical for its specific block.

2. Why is the assessed value higher than the street average?
The above-average assessment for the street likely reflects the home's newer age (2005) and the renovated basement. It suggests the property has features or condition that the assessor views more favorably than older, unrenovated homes on the same block.

3. What is the recent sales history?
The home was last sold in April 2017. The exact sale price is available upon request, but public data indicates a range between $31.5k and $34.5k at that time.

4. Is the lot size a limitation?
The land area is smaller than the average lot in both the neighborhood and city-wide. This means less outdoor space for gardening or expansion, but also translates to less yard maintenance—a potential benefit for buyers seeking a low-maintenance lifestyle.

5. Who provides the exact sold price and how?
The exact historical sold price is provided manually by SaveOnHouse via email upon request. They state this is a free service with no unsolicited marketing, aimed at providing accurate data not always available in public records.

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