2579 King Edward Street

Inkster Gardens, Winnipeg

Property score

77.6

Good

Overall 77.6 · Compared with neighbourhood average

1,302 sqft (bottom 43%) · 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

Near average

8% 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

77.6 is composed by the two sections below.

Property Score

71.8Good
Living Area71
1,302 sqftGood
Year Built90
2006Excellent
Lot Size53
4,088 sqftFair
Neighbourhood Sales Activity65
Good

Community Score

86.3Excellent
Household Income91
Excellent
Education Level72
Good
Housing Stress74
Good
Core Housing Need100
Excellent
Employment Health90
Excellent

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

Elite
1,302 sqft
0255075100
Same streetTop 5%Same areaBottom 43%CitywideTop 41%
Same street · King Edward Street
#19 / 347
Top 5% · Avg 953 sqft
Same area · Inkster Gardens
#825 / 1,446
Bottom 43% · Avg 1,422 sqft
Citywide · Winnipeg
#80,662 / 194,458
Top 41% · Avg 1,342 sqft

Tax-Assessed Value

Elite
458k
0255075100
Same streetTop 2%Same areaTop 34%CitywideTop 27%
Same street · King Edward Street
#8 / 347
Top 2% · Avg 276.7k
Same area · Inkster Gardens
#485 / 1,446
Top 34% · Avg 454.9k
Citywide · Winnipeg
#52,491 / 194,458
Top 27% · Avg 390.1k

Year Built

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

Lot Size

around average
4,088 sqft
0255075100
Same streetTop 39%Same areaBottom 31%CitywideBottom 27%

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

2579 King Edward Street — 3 amenities found within 500 m, across 2 categories, including 2 parks (nearest 237 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 10/2020CA$450k–500k
Sold price

Same street

Top 4%

Same area

Top 24%

City-wide

Top 22%

Related homes

Highlights & common questions: 2579 King Edward Street, Winnipeg

Property Summary: 2579 King Edward Street, Winnipeg

Key Characteristics & Appeal

This well-situated home in Inkster Gardens presents a compelling blend of modern convenience and solid value. 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. The 1,302 sqft living area is spacious for the immediate area, ranking in the top 5% on King Edward Street. It features a renovated basement and an attached garage.

The primary appeal lies in its standout assessed value of $45,800, which is exceptionally high for the street (top 2%) and strong for the wider city. This indicates a very favorable municipal valuation relative to its neighbours, which can be a point of financial advantage. The home suits practical buyers looking for a move-in-ready, modern property without a premium price tag. It’s ideal for first-time homeowners or small families who value space and newer builds, but who are also financially astute and recognize the benefit of a high assessment in a more affordable neighbourhood. A thoughtful perspective is that this property offers the perks of a newer home (like modern layouts and efficient systems) within an established community, providing a balance of low-maintenance living and neighbourhood maturity.

Frequently Asked Questions

1. Why is the assessed value so high compared to the recent sold price?
The home’s municipal assessed value ($45,800) is in the top 2% for its street, far above the local average. This can reflect recent renovations, the home’s newer age, and its above-average living area for the location. It’s important to note that assessed value is for tax purposes and market sale price is determined by current buyer demand.

2. What does the "Elite" or "Top 5%" ranking for living area mean?
This means that, specifically on King Edward Street, this home’s interior square footage is larger than 95% of comparable properties. It offers more space than is typical for the immediate vicinity, which is a significant advantage on this particular street.

3. Is the land size a drawback?
The 4,088 sqft lot is below the Winnipeg citywide average but is fairly typical for the Inkster Gardens neighbourhood. It represents a lower-maintenance yard, which appeals to buyers seeking a manageable outdoor space without extensive upkeep.

4. How can I find out the exact historical sale price?
The provided sold price is a range based on public data. For the precise sale figure, you can use the email request feature on the listing page. The service is manual but committed to providing the accurate number without using your email for marketing.

5. What is the significance of the home being built in 2006?
In a city where many homes are decades older, a 2006 build is a relative rarity. This suggests construction methods and materials that meet more modern standards, potentially leading to better energy efficiency, updated electrical systems, and less likelihood of major near-term repairs compared to much older stock.