Property score
40.4
Below average
Overall 40.4 · Smaller than most nearby homes
792 sqft (bottom 29%) · Built in 1918 (30 yrs older than avg)
Located in a above-average income area with median household income of ~67.5k
Transit 88.0 · 1-min walk to transit with 3 nearby routes · Within 500m: 11 dining spots, 4 schools, 2 shops, and 8 parks nearby
Living Area
Below average
17% smaller than neighborhood avg.
Year Built
Near average
30 yrs older than neighborhood avg.
Mother tongue
English · 69%Tagalog · 15%
Past 10 years King Edward sales snapshot (~80% of all data)
1,128
356.6k
$349/sqft
1948
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40.4 is composed by the two sections below.
Property Score
Community Score
King Edward
How to read: Share of sales in each ~$50k price band for “king edward” (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: #46110251
$68K
Median household income
$88K
Average household income
14%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.7
P90 / P10 ratio
37%
Single-person households
19%
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
205 Amherst Street — 29 amenities found within 500 m, across 6 categories, including 11 dining (nearest 53 m), 4 education (nearest 141 m), 2 shopping (nearest 70 m).
King Edward · WPS public data · 2026
Annual incidents
32
2026
vs. city avg
+8%
relative to avg
Year-over-year
▼ -92%
vs. prior year
Primary type
Property
47%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 10% | Bottom 27% | Bottom 10% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 5% | Bottom 18% | Bottom 7% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
205 Amherst Street is a compact, one-storey home built in 1918, situated on a modest lot in Winnipeg's King Edward neighbourhood. Its primary appeal lies in its position as an accessible entry point into the market, offering a lower assessed value than most homes in the city. The house presents a straightforward, no-frills opportunity: it has a functional basement and basic living space, but no garage or pool. Its recent sale history suggests it is priced for buyers seeking utility and location over size or modern finishes.
This property would suit a first-time buyer, an investor looking for a rental property, or someone seeking a minimalist footprint. It’s for those comfortable with a home that is older and smaller than average for the area, and who see potential in its foundational value rather than immediate move-in readiness. A thoughtful perspective is that its smaller lot and living area translate to lower maintenance costs and taxes, which can be a significant long-term advantage for budget-conscious owners.
Frequently Asked Questions
1. Why is the assessed value so much lower than the city-wide average?
The assessed value reflects the home's smaller size (792 sq ft), older age, and the characteristics of the immediate area. It indicates a property that is more modest in scale and condition compared to the typical Winnipeg home.
2. What does the ranking data mean for "Living Area" and "Land Area"?
The data shows this home is smaller than most. Its living space is around the middle of the pack for its own street, but its lot size is in the bottom tier compared to neighbours, the King Edward area, and the city overall. This highlights its compact nature.
3. The home sold recently in 2024 and 2016. What does that indicate?
The recent sale activity suggests it is a property that turns over periodically, often a sign of a home used as a starter property or a long-term rental. The sold price ranges are consistent with a lower-valued asset in the market.
4. Is the basement finished?
No. The listing specifies the basement exists but is "not renovated," meaning it is in a functional, likely unfinished state.
5. Who would this home not be suitable for?
It would not suit buyers looking for move-in-ready condition, modern amenities, generous space, or a large yard. Families needing multiple bedrooms or those wanting a property with high-end finishes would likely find it too limited.
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