2643 King Edward Street

Inkster Gardens, Winnipeg

Property score

67.2

Good

Overall 67.2 · Smaller than most nearby homes

929 sqft (bottom 9%) · Built in 2008 (9 yrs newer than avg)

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

Transit 62.0 · 3-min walk to transit with 2 nearby routes · Within 500m: 2 parks, and 1 place of worship nearby

Living Area

Below average

35% smaller than neighborhood avg.

Year Built

Near average

9 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

67.2 is composed by the two sections below.

Property Score

54.4Fair
Living Area929 sqft42Low
Year Built200890Excellent
Lot Size4,408 sqft53Fair
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
929 sqft
0255075100
Same streetBottom 48%Same areaBottom 9%CitywideBottom 19%
Same street · King Edward Street
#181 / 347
Bottom 48% · Avg 953 sqft
Same area · Inkster Gardens
#1,318 / 1,446
Bottom 9% · Avg 1,422 sqft
Citywide · Winnipeg
#157,342 / 194,458
Bottom 19% · Avg 1,342 sqft

Tax-Assessed Value

above average
400k
0255075100
Same streetTop 12%Same areaBottom 40%CitywideTop 38%
Same street · King Edward Street
#42 / 347
Top 12% · Avg 276.7k
Same area · Inkster Gardens
#862 / 1,446
Bottom 40% · Avg 454.9k
Citywide · Winnipeg
#74,505 / 194,458
Top 38% · Avg 390.1k

Year Built

above average
2008
0255075100
Same streetTop 10%Same areaTop 41%CitywideTop 13%

Lot Size

around average
4,408 sqft
0255075100
Same streetTop 33%Same areaBottom 39%CitywideBottom 33%

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

2643 King Edward Street — 3 amenities found within 500 m, across 2 categories, including 2 parks (nearest 211 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 8/2024CA$450k–500k
Sold price

Same street

Top 4%

Same area

Top 24%

City-wide

Top 22%
Sold 9/2016CA$300k–350k
Sold price

Same street

Top 24%

Same area

Bottom 25%

City-wide

Bottom 46%

Related homes

Highlights & common questions: 2643 King Edward Street, Winnipeg

Property Overview: 2643 King Edward Street, Winnipeg

Key Characteristics & Appeal

This bi-level home at 2643 King Edward Street in Inkster Gardens presents a compelling mix of modern convenience and practical value. Built in 2008, it is a notably newer construction compared to most homes on its street and across Winnipeg, suggesting fewer immediate concerns with aging infrastructure. The home features 929 sqft of living space, an attached garage, and a renovated basement.

Its primary appeal lies in its balance. While the living space is compact, the property holds a strong assessed value relative to its immediate neighbours, indicating it is perceived as a premium offering on its block. The renovated basement adds functional space, and the newer build year offers peace of mind. This property would suit first-time buyers seeking a modern, low-maintenance home, or practical investors looking for a relatively recent build in a stable neighbourhood. It’s a home that prioritizes efficient use of space and modern systems over sheer size, making it a smart, grounded choice for those who value condition and year-over-year reliability.


Frequently Asked Questions

1. How does this home’s value compare to the area?
The home’s assessed value is above average for King Edward Street itself, but sits around the average mark for the broader Inkster Gardens neighbourhood and city-wide. This suggests you are paying a premium for the newer build and condition relative to the immediate street, which has many older homes.

2. Is the living space sufficient for a small family?
At 929 sqft, the living area is below the neighbourhood and city averages. The renovated basement provides crucial additional flexible space, making the home more viable for a small family or couple who need a home office or rec room, but those requiring ample above-ground square footage may find it compact.

3. What does the sold price history indicate?
The home sold recently in August 2024. The sale price range placed it in the top 4% of sales on its street at that time, reinforcing the idea that this specific property commands a strong price relative to its direct neighbours due to its newer age and condition.

4. How does the lot size impact the property?
The land area of 4,408 sqft is fairly typical. It’s not an exceptionally large lot, but it provides adequate outdoor space for a patio, garden, or play area without the high maintenance of a much larger yard.

5. Who might the nearby similar-valued properties appeal to?
The list of homes with a similar assessed value shows options in areas like Elmhurst and Varsity View. This comparison is useful for buyers deciding between a newer, more compact home in Inkster Gardens versus potentially older or different-style homes in other established neighbourhoods at a similar price point.

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