Property score
70.2
Good
Overall 70.2 · Smaller than most nearby homes
1,027 sqft (bottom 14%) · Built in 2009 (10 yrs newer than avg)
Located in a high-income area with median household income of ~121k
Transit 94.0 · 1-min walk to transit with 4 nearby routes · Within 500m: 3 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)
540
447.1k
$350/sqft
1999
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70.2 is composed by the two sections below.
Property Score
Community Score
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.
Sales-to-New-Listings
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
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.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111118
$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
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
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.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
2723 King Edward Street — 4 amenities found within 500 m, across 2 categories, including 3 parks (nearest 316 m).
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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 6% | Top 29% | Top 25% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 2723 King Edward Street, Winnipeg
Key Characteristics & Appeal
This one-storey home in Inkster Gardens presents a practical and modern living opportunity. Built in 2009, it is a notably newer construction compared to many homes on its street and across Winnipeg, suggesting updated building systems and less immediate need for major repairs. With 1,027 sqft of living space and a renovated basement, it offers efficient, single-level living with expanded usable space. The attached garage is a valuable convenience for the climate.
The home’s primary appeal lies in its balance of modernity and value. Its assessed value ranks significantly above average for King Edward Street, indicating it is perceived as a higher-quality asset within its immediate locale. This creates an interesting dynamic: you're acquiring one of the newer and more favorably assessed homes on the block, which can be a strategic advantage. The property suits first-time homebuyers seeking a move-in-ready, low-maintenance home, or downsizers looking for single-level convenience without the premium often attached to brand-new builds. Its value proposition is strongest for those who prioritize the condition and systems of a home over having a larger lot, as the land area is more compact compared to area averages.
Frequently Asked Questions
1. How does the property’s value compare to the area?
The home’s assessed value is well above the average for King Edward Street itself, but aligns more closely with the averages for the wider Inkster Gardens neighborhood and the city. This suggests it is a premium property on its specific street.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This is a key detail to clarify with the seller or listing agent to understand if it’s a finished recreational space, contains additional bedrooms, or serves another purpose.
3. Is the lot size a limitation?
At 3,548 sqft, the lot is smaller than many in the area. This means lower exterior maintenance but also less private outdoor space. It’s ideal for those who prefer a manageable yard but may not suit those wanting extensive gardening or large outdoor entertaining areas.
4. Why is the year built a significant point?
A 2009 build date means major components like the roof, windows, furnace, and electrical system are likely still within their typical lifespans. This can provide peace of mind and potentially reduce near-term capital costs compared to an older home.
5. Where can I find exact historical sold prices?
The exact sold price history is not publicly displayed. The site provides estimated sale ranges and offers to send the precise data via email upon request, which is a common practice to verify visitor interest.
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