2711 King Edward Street

Inkster Gardens, Winnipeg

Property score

75.2

Good

Overall 75.2 · Compared with neighbourhood average

1,295 sqft (bottom 42%) · Built in 2009 (10 yrs newer than avg)

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

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

Living Area

Near average

9% 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

75.2 is composed by the two sections below.

Property Score

67.8Good
Living Area1,295 sqft66Good
Year Built200990Excellent
Lot Size3,690 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

above average
1,295 sqft
0255075100
Same streetTop 6%Same areaBottom 42%CitywideTop 42%
Same street · King Edward Street
#20 / 347
Top 6% · Avg 953 sqft
Same area · Inkster Gardens
#833 / 1,446
Bottom 42% · Avg 1,422 sqft
Citywide · Winnipeg
#81,697 / 194,458
Top 42% · Avg 1,342 sqft

Tax-Assessed Value

Elite
437k
0255075100
Same streetTop 3%Same areaTop 39%CitywideTop 31%
Same street · King Edward Street
#11 / 347
Top 3% · Avg 276.7k
Same area · Inkster Gardens
#566 / 1,446
Top 39% · Avg 454.9k
Citywide · Winnipeg
#59,661 / 194,458
Top 31% · Avg 390.1k

Year Built

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

Lot Size

around average
3,690 sqft
0255075100
Same streetBottom 41%Same areaBottom 17%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

2711 King Edward Street — 4 amenities found within 500 m, across 2 categories, including 3 parks (nearest 317 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 6/2016CA$300k–350k
Sold price

Same street

Top 24%

Same area

Bottom 25%

City-wide

Bottom 46%

Related homes

Highlights & common questions: 2711 King Edward Street, Winnipeg

Property Overview: 2711 King Edward Street, Winnipeg

Key Characteristics & Appeal

This two-storey home in Inkster Gardens presents a compelling mix of modern convenience and solid value. Built in 2009, it is a notably newer construction compared to many homes on its street and across Winnipeg, suggesting fewer immediate concerns with aging infrastructure. The 1,295 sqft living space is efficiently laid out and ranks well above average for the immediate area, offering more room than most neighboring homes. A key feature is the renovated basement, which adds functional living space. The property includes an attached garage, a practical asset for Winnipeg winters.

The appeal here is rooted in balance and practicality. The home’s assessed value places it in an elite tier on King Edward Street, indicating it is perceived as a higher-value asset in its micro-neighborhood. This could appeal to value-conscious buyers looking for a home that stands out locally without a premium city-wide price tag. The lot, while smaller than area averages, translates to less yard maintenance. It would suit first-time buyers seeking a move-in-ready, modern home, or an investor looking for a newer property with strong rental potential in a stable neighborhood. The data suggests you’re purchasing a top-tier property on this specific block, which is a less obvious but important perspective on its long-term equity and desirability within the local context.

Frequently Asked Questions

1. How does the assessed value compare to the likely selling price?
The assessed value is a municipal calculation for tax purposes and is typically lower than market value. This home’s assessed value of $43.7k is in the top 3% on its street, signaling strong municipal valuation for the area, but the actual selling price will be determined by current market conditions.

2. What does the "renovated basement" entail?
The listing confirms the basement is renovated but does not specify the scope. Buyers should inquire about the finish quality, permits, and the basement’s intended use (e.g., living space, rental suite, recreation room) to understand its value and functionality.

3. The home sold in 2016 for roughly $30.5k–$33.5k. Why such a large increase in assessed value since then?
The significant jump in assessed value since 2016 likely reflects a combination of city-wide assessment adjustments, the home’s relative newness holding value well, and substantial improvements made (like the basement renovation) that are now captured in the valuation.

4. How does the smaller land area impact the property?
At 3,690 sqft, the lot is smaller than many in the wider area. This means lower maintenance, which is a benefit for many, but may limit expansion possibilities like large additions or pools. It emphasizes the property’s value as residing in the home itself.

5. What is the neighborhood (Inkster Gardens) like for families and daily living?
As part of the Inkster Gardens area, it offers typical suburban amenities. For specific insights on schools, transit, parks, and community feel, prospective buyers should explore the neighborhood directly and review recent city community data, as these details extend beyond the property’s statistical profile.

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