2575 King Edward Street

Inkster Gardens, Winnipeg

Property score

70.2

Good

Overall 70.2 · Smaller than most nearby homes

1,005 sqft (bottom 12%) · Built in 2006 (7 yrs newer than avg)

Located in a high-income area with median household income of ~121k

Transit 62.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 2 parks, and 1 place of worship nearby

Living Area

Below average

29% 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)

Sold Count

540

Median price

447.1k

$/sqft

$350/sqft

Avg build year

1999

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Property score

70.2 is composed by the two sections below.

Property Score

59.4Fair
Living Area1,005 sqft52Fair
Year Built200690Excellent
Lot Size3,796 sqft46Low
Neighbourhood Sales Activity65Good

Community Score

86.3Excellent
Household Income91Excellent
Education Level72Good
Housing Stress74Good
Core Housing Need100Excellent
Employment Health90Excellent

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: #46111118

Community deep dive

$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

Population, labour & age

Population (2021)3,661
Labour force participation rate78%
Median age31.6
Avg household size4.0
Unemployment rate6%
Population density479 / km²

Households & income

Low income (LIM-AT, % pop.)5%
Single-person households5%
Couple families with children50%
Median household income (2020)$121K

Housing

Renter households9%
Condominium dwellings3%
Median dwelling value (owners)$440K

Diversity, education & language

Immigrants (share of pop.)51%
Visible minority86%
Bachelor's or higher (25–64)36%
Mother tongue (1st)Punjabi · 33%
Mother tongue (2nd)English · 32%

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

Rankings

Living Area

around average
1,005 sqft
0255075100
Same streetTop 42%Same areaBottom 12%CitywideBottom 27%
Same street · King Edward Street
#145 / 347
Top 42% · Avg 953 sqft
Same area · Inkster Gardens
#1,267 / 1,446
Bottom 12% · Avg 1,422 sqft
Citywide · Winnipeg
#142,873 / 194,458
Bottom 27% · Avg 1,342 sqft

Tax-Assessed Value

above average
398k
0255075100
Same streetTop 13%Same areaBottom 38%CitywideTop 39%
Same street · King Edward Street
#46 / 347
Top 13% · Avg 276.7k
Same area · Inkster Gardens
#895 / 1,446
Bottom 38% · Avg 454.9k
Citywide · Winnipeg
#75,508 / 194,458
Top 39% · Avg 390.1k

Year Built

above average
2006
0255075100
Same streetTop 15%Same areaTop 43%CitywideTop 14%

Lot Size

around average
3,796 sqft
0255075100
Same streetTop 49%Same areaBottom 21%CitywideBottom 23%

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

2575 King Edward Street — 3 amenities found within 500 m, across 2 categories, including 2 parks (nearest 244 m).

Search radius
🌳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 8/2016CA$300k–350k
Sold price

Same street

Top 22%

Same area

Bottom 26%

City-wide

Bottom 47%

Related homes

Highlights & common questions: 2575 King Edward Street, Winnipeg

Property Overview: 2575 King Edward Street, Winnipeg

Section 1: Key Characteristics & Appeal

This single-storey home in Inkster Gardens presents a practical and modern living opportunity. Built in 2006, it is notably newer than many homes in its immediate area and across Winnipeg, suggesting updated construction standards and potentially lower immediate maintenance needs. The 1,005 sqft living space is efficiently sized, and the home features a renovated basement and an attached garage.

Its primary appeal lies in its balance of modernity and value. The assessed value is strong for its specific street, ranking in the top 13% locally, indicating it is viewed favorably relative to its closest neighbors. This creates an interesting dynamic: you get a newer, well-regarded home on a lot that is more modest in size compared to the neighborhood and city averages. This suits buyers looking for a manageable, low-maintenance property without sacrificing the benefits of a newer build. It would be ideal for first-time homeowners, downsizers, or investors seeking a modern rental property. A thoughtful perspective is that the smaller lot could be a feature, not a drawback, for those who prefer less yard work, while the newer build offers energy efficiency and system longevity that older, larger homes in the same price bracket may not.

Section 2: Frequently Asked Questions

1. Is this a good value compared to other homes on the street?
Yes, based on assessed value. The home ranks in the top 13% on King Edward Street, meaning its official valuation is significantly higher than the street average. This often reflects the home's newer construction (2006) compared to the area's older average build year.

2. How does the living space compare to the neighborhood?
The living area is 1,005 sqft, which is below the average for the broader Inkster Gardens neighborhood. This indicates the home is more compact than many in the area, contributing to its manageable scale.

3. What is the lot size like?
The lot is 3,796 sqft. This is below average for both the neighborhood and the city, meaning the yard space is more limited. This is a trade-off for the newer home and may appeal to those seeking lower outdoor maintenance.

4. How old is the home relative to others in Winnipeg?
Built in 2006, this home is significantly newer than the Winnipeg city-wide average. It ranks in the top 14% for year built, making it a relatively modern property in the broader market context.

5. Where can I find the exact historical sale price?
The exact sold price history is not publicly displayed in the data. You can request the precise figures by emailing the provided service, which manually supplies this information without using your email for unsolicited marketing.

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