2527 King Edward Street

Inkster Gardens, Winnipeg

Property score

58.8

Fair

Overall 58.8 · Smaller than most nearby homes

808 sqft (bottom 2%) · Built in 2005 (6 yrs newer than avg)

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

Transit 70.0 · 1-min walk to transit with 2 nearby routes · Within 500m: 1 school, 2 parks, and 1 place of worship nearby

Living Area

Below average

43% 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

58.8 is composed by the two sections below.

Property Score

46.8Low
Living Area808 sqft32Low
Year Built200587Excellent
Lot Size3,698 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

below average
808 sqft
0255075100
Same streetBottom 29%Same areaBottom 2%CitywideBottom 10%
Same street · King Edward Street
#246 / 347
Bottom 29% · Avg 953 sqft
Same area · Inkster Gardens
#1,414 / 1,446
Bottom 2% · Avg 1,422 sqft
Citywide · Winnipeg
#175,945 / 194,458
Bottom 10% · Avg 1,342 sqft

Tax-Assessed Value

above average
380k
0255075100
Same streetTop 19%Same areaBottom 27%CitywideTop 44%
Same street · King Edward Street
#65 / 347
Top 19% · Avg 276.7k
Same area · Inkster Gardens
#1,049 / 1,446
Bottom 27% · Avg 454.9k
Citywide · Winnipeg
#85,357 / 194,458
Top 44% · Avg 390.1k

Year Built

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

Lot Size

around average
3,698 sqft
0255075100
Same streetBottom 45%Same areaBottom 18%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

2527 King Edward Street — 4 amenities found within 500 m, across 3 categories, including 1 education (nearest 380 m), 2 parks (nearest 336 m).

Search radius
🏫Education1
🌳Parks2
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 7/2022CA$450k–500k
Sold price

Same street

Top 6%

Same area

Top 24%

City-wide

Top 23%

Related homes

Highlights & common questions: 2527 King Edward Street, Winnipeg

Property Overview: 2527 King Edward Street, Inkster Gardens, Winnipeg

Section 1: Key Characteristics & Appeal

This one-storey home, built in 2005, presents a practical and modern living option within Winnipeg’s Inkster Gardens neighborhood. Its key appeal lies in its balance of contemporary build age and manageable scale. With 808 sqft of living space and a renovated basement, it offers efficient, low-maintenance living without the concerns common to much older homes.

The property’s standout characteristic is its strong assessed value relative to its immediate street, ranking in the top 19% on King Edward Street. This suggests it is viewed favorably compared to its closest neighbors, many of which are notably older. The attached garage adds everyday convenience.

This home would best suit first-time buyers, downsizers, or pragmatic investors seeking a modern, entry-level property. Its below-average living area for the city and neighborhood means it’s not for those needing ample space, but ideal for those prioritizing a newer build, simplicity, and a solid foundation in a value-conscious market. A thoughtful perspective is that this property represents a “right-sized” home: it offers the benefits of 21st-century construction (like modern wiring and insulation) in a modest package, potentially translating to lower utility and upkeep costs compared to the area’s older, larger average homes.

Section 2: Frequently Asked Questions

1. How does the home’s size compare to the area?
The living area is below average for both the Inkster Gardens neighborhood and the city overall. This is a compact, efficient layout suited for individuals, couples, or small families.

2. Why is the assessed value high for the street?
The home ranks in the top 19% for assessed value on its street. This is likely due to its relatively new construction year (2005) compared to the street’s average home built in 1957, along with features like the renovated basement.

3. What is the lot size like?
The land area is approximately 3,698 sqft. This is below average for the city but fairly typical for the immediate area, representing a standard urban lot with manageable yard maintenance.

4. What was the last known sale price?
Public data indicates a sale in July 2022 in the range of $435,000 to $465,000. An exact sale price can be provided upon request.

5. What type of properties are considered comparable?
The listing shows comparable properties are primarily in neighborhoods like Elmhurst and Varsity View, based on a similar assessed value of around $380k. This can help in understanding the home’s positioning in the broader Winnipeg market.

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