Property score
73.6
Good
Overall 73.6 · Smaller than most nearby homes
1,101 sqft (bottom 30%) · Built in 2006 (7 yrs newer than avg)
Located in a high-income area with median household income of ~121k
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
23% smaller than neighborhood avg.
Year Built
Near average
7 yrs newer than neighborhood avg.
Mother tongue
Punjabi · 33%English · 33%
Past 10 years Inkster Gardens sales snapshot (~80% of all data)
540
447.1k
$350/sqft
1999
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73.6 is composed by the two sections below.
Property Score
Community Score
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.
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: #46111118
$121K
Median household income
$133K
Average household income
5%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.6
P90 / P10 ratio
5%
Single-person households
50%
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
2555 King Edward Street — 4 amenities found within 500 m, across 3 categories, including 1 education (nearest 451 m), 2 parks (nearest 281 m).
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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 2% | Top 19% | Top 18% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 2555 King Edward Street, Winnipeg
Key Characteristics & Appeal
This one-storey home in Inkster Gardens presents a practical and modern living opportunity. Built in 2006, it is a notably newer construction compared to most homes on its street and across Winnipeg, suggesting fewer immediate concerns with aging infrastructure. With 1,101 sqft of living space and a renovated basement, it offers functional space for a small family or couple. The attached garage is a valuable asset for the climate.
The primary appeal lies in its strong value proposition within its immediate locale. The home’s assessed value ranks in the elite top 4% on King Edward Street, indicating it is perceived as a substantial asset relative to its neighbours. This, combined with its above-average living area for the street, suggests a property that stands out in its micro-market. It would suit first-time buyers or investors seeking a modern, low-maintenance home in a established neighbourhood without the premium of a newer subdivision. A thoughtful perspective is that this home offers the benefits of a newer build (like updated electrical, plumbing, and insulation) within the mature landscape of an older area, providing a balance of modern convenience and established community character.
Frequently Asked Questions
1. Why is the assessed value so high compared to other homes on the street?
The assessment reflects the property’s relative advantages, primarily its much newer construction date (2006 vs. a street average from 1957) and its above-average living area. These factors significantly increase its valuation compared to older, potentially smaller neighbouring homes.
2. Is the land size a drawback?
At 4,111 sqft, the lot is smaller than the Winnipeg city average. However, it is fairly typical for the Inkster Gardens area and is actually close to the average for the neighbourhood. It provides a manageable yard with lower maintenance demands.
3. What can the recent sold price range tell me?
The home sold in late 2022 for between $46.5k and $49.5k. This historical data is a useful benchmark, showing it sold for well above its assessed value at that time, indicating strong market interest. Current market conditions will determine present value.
4. Who would this home not suit?
It may not suit buyers seeking a very large lot, extensive square footage, or a home in a newer suburban subdivision. The appeal is geared more towards efficient, modern living within a mature neighbourhood.
5. How does the renovated basement factor in?
A renovated basement immediately adds functional living space without the need for a future project. It effectively increases the usable area of the home, which is a key advantage given the living area is above average for the street but closer to the city average.
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