2655 King Edward Street

Inkster Gardens, Winnipeg

Property score

70.2

Good

Overall 70.2 · Smaller than most nearby homes

1,030 sqft (bottom 15%) · Built in 2009 (10 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

28% smaller than neighborhood avg.

Year Built

Near average

10 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

Need help understanding this property?

Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.

Usually replies in a few minutes

Property score

70.2 is composed by the two sections below.

Property Score

59.4Fair
Living Area1,030 sqft52Fair
Year Built200990Excellent
Lot Size3,791 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
1,030 sqft
0255075100
Same streetTop 34%Same areaBottom 15%CitywideBottom 29%
Same street · King Edward Street
#117 / 347
Top 34% · Avg 953 sqft
Same area · Inkster Gardens
#1,231 / 1,446
Bottom 15% · Avg 1,422 sqft
Citywide · Winnipeg
#137,945 / 194,458
Bottom 29% · Avg 1,342 sqft

Tax-Assessed Value

Elite
417k
0255075100
Same streetTop 5%Same areaTop 48%CitywideTop 34%
Same street · King Edward Street
#16 / 347
Top 5% · Avg 276.7k
Same area · Inkster Gardens
#701 / 1,446
Top 48% · Avg 454.9k
Citywide · Winnipeg
#66,982 / 194,458
Top 34% · Avg 390.1k

Year Built

above average
2009
0255075100
Same streetTop 7%Same areaTop 41%CitywideTop 12%

Lot Size

around average
3,791 sqft
0255075100
Same streetBottom 48%Same areaBottom 20%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

2655 King Edward Street — 3 amenities found within 500 m, across 2 categories, including 2 parks (nearest 219 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 5/2022CA$500k–550k
Sold price

Same street

Top 1%

Same area

Top 15%

City-wide

Top 15%
Sold 9/2021CA$400k–450k
Sold price

Same street

Top 11%

Same area

Top 36%

City-wide

Top 30%

Related homes

Highlights & common questions: 2655 King Edward Street, Winnipeg

Property Overview

This one-storey home at 2655 King Edward Street in Inkster Gardens is a study in practical, modern living within a well-established Winnipeg neighbourhood. Built in 2009, it is a notably newer construction compared to many homes on its street and in the wider city. With 1,030 sqft of living space, a renovated basement, and an attached garage, it offers a low-maintenance, move-in-ready layout. Its standout characteristic is its exceptionally high assessed value relative to its immediate street—ranking in the top 5%—which suggests it is a premium property in its local context. The lot is modest at 3,791 sqft, prioritizing a manageable yard over expansive outdoor space.

The appeal lies in its balance of contemporary convenience and community stability. It suits first-time buyers seeking a modern home without a hefty price tag typical of new builds, or downsizers looking for a single-level layout with recent updates and minimal upkeep. A thoughtful perspective is that this property represents a "value anchor" on its block; its strong assessment could indicate a positive influence on surrounding property values or reflect superior upgrades. It’s a home for someone who prioritizes interior condition and modern systems over a large lot or neighbourhood-wide prestige.

Frequently Asked Questions

1. How does the assessed value compare to recent sale prices?
The home last sold in May 2022 for an estimated $48.5k–$51.5k, which was significantly higher than the street average at the time. Its current assessed value of $41.7k continues to rank in the elite tier for King Edward Street, indicating consistent valuation strength in its immediate area.

2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. Buyers should inquire about the finish quality, ceiling height, permits, and whether it includes a secondary living space, bedroom, or simply updated finishes.

3. Is the lot size a limitation?
At 3,791 sqft, the lot is below average for both Inkster Gardens and Winnipeg overall. This means less yard maintenance but also limited space for expansions, large gardens, or extensive outdoor recreation. It aligns with a low-maintenance lifestyle.

4. How does this home compare to others in Inkster Gardens?
While its living area and lot size are below the neighbourhood average, it is significantly newer than most. Its assessed value is around the neighbourhood median, suggesting you are paying for the modern build and updates rather than sheer size.

5. Why is there a range for past sold prices, and how can I get the exact figure?
Sold price ranges are derived from public data. The listing service offers to provide the exact sale price via email upon request, as they manually verify this information to ensure accuracy.

Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.