2687 King Edward Street

Inkster Gardens, Winnipeg

Property score

70.2

Good

Overall 70.2 · Smaller than most nearby homes

1,031 sqft (bottom 15%) · Built in 2009 (10 yrs newer than avg)

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

Transit 88.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 3 parks, and 1 place of worship nearby

Living Area

Below average

27% 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

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Property score

70.2 is composed by the two sections below.

Property Score

59.4Fair
Living Area1,031 sqft52Fair
Year Built200990Excellent
Lot Size3,692 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
1,031 sqft
0255075100
Same streetTop 31%Same areaBottom 15%CitywideBottom 29%
Same street · King Edward Street
#109 / 347
Top 31% · Avg 953 sqft
Same area · Inkster Gardens
#1,224 / 1,446
Bottom 15% · Avg 1,422 sqft
Citywide · Winnipeg
#137,801 / 194,458
Bottom 29% · Avg 1,342 sqft

Tax-Assessed Value

Elite
416k
0255075100
Same streetTop 5%Same areaTop 49%CitywideTop 35%
Same street · King Edward Street
#18 / 347
Top 5% · Avg 276.7k
Same area · Inkster Gardens
#707 / 1,446
Top 49% · Avg 454.9k
Citywide · Winnipeg
#67,384 / 194,458
Top 35% · Avg 390.1k

Year Built

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

Lot Size

around average
3,692 sqft
0255075100
Same streetBottom 42%Same areaBottom 18%CitywideBottom 22%

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

2687 King Edward Street — 4 amenities found within 500 m, across 2 categories, including 3 parks (nearest 270 m).

Search radius
🌳Parks3
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$350k–400k
Sold price

Same street

Top 15%

Same area

Top 49%

City-wide

Top 38%

Related homes

Highlights & common questions: 2687 King Edward Street, Winnipeg

Property Overview: 2687 King Edward Street, Winnipeg

Key Characteristics & Appeal

This single-storey home in Inkster Gardens presents a practical and modern living opportunity. Built in 2009, it is a notably newer construction compared to most homes on its street and across Winnipeg, offering the appeal of more contemporary building standards and likely lower immediate maintenance. With 1,031 sqft of living space and a renovated basement, it provides functional space that is above average for its immediate neighborhood.

The home’s standout characteristic is its assessed value. It ranks in the top 5% on its street, indicating it is perceived as a premium property in its local context. This suggests solid finishes, upgrades, or a condition that outshines many nearby comparables. The attached garage adds everyday convenience.

Its appeal lies in this combination of relative modernity and high perceived value for the area. It would suit first-time buyers or downsizers looking for a manageable, low-maintenance home without the concerns of an older structure. It’s also a sensible choice for value-conscious buyers who appreciate a property that stands out positively in its immediate market, potentially offering stronger resilience in valuation compared to older neighboring homes.

Frequently Asked Questions

1. How does the home’s size compare to the area?
While the living space is above average for King Edward Street, the land size is smaller than most lots in the wider Inkster Gardens and city. This points to a efficient, lower-maintenance yard, which could be a pro or con depending on your needs.

2. The assessed value seems high for the area. What does that indicate?
A top 5% assessment on its street often reflects significant updates, superior condition, or desirable features not captured in square footage alone. It’s a strong signal of the property’s standing relative to its closest neighbors.

3. What are the implications of the 2009 build year?
A 17-year-old home is modern by Winnipeg standards. Buyers can typically expect newer major systems (like plumbing, electrical, and HVAC) than in the city’s predominantly older housing stock, potentially deferring major renovation costs.

4. Is the renovated basement included in the living area square footage?
Typically, below-grade space like a basement is not included in the official 1,031 sqft living area figure. The renovated basement is additional functional space.

5. How does the sold price history help determine value?
The last recorded sale (2020) provides a historical benchmark, but market conditions have changed. The current high assessed value relative to the street suggests municipal assessment believes the property’s value proposition has improved since then.

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