Property score
41.2
Below average
Overall 41.2 · Older than most nearby homes
864 sqft (bottom 41%) · Built in 1912 (36 yrs older than avg)
Located in a average-income area with median household income of ~58.4k
Transit 100.0 · 1-min walk to transit with 8 nearby routes · Within 500m: 7 dining spots, 2 schools, 4 healthcare facilitys, and 3 shops nearby
Living Area
Near average
9% smaller than neighborhood avg.
Year Built
Below average
36 yrs older than neighborhood avg.
Mother tongue
English · 72%Tagalog · 8%
Past 10 years King Edward sales snapshot (~80% of all data)
1,128
356.6k
$349/sqft
1948
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41.2 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: #46110244
$58K
Median household income
$66K
Average household income
15%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.1
P90 / P10 ratio
42%
Single-person households
10%
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
210 Queen Street — 28 amenities found within 500 m, across 8 categories, including 7 dining (nearest 61 m), 2 education (nearest 276 m), 4 healthcare (nearest 79 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 1% | Bottom 1% | Bottom 1% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview & Key Characteristics
This one-and-a-half storey home, built in 1912, sits on a notably large lot (3,804 sq ft) in Winnipeg's King Edward neighbourhood. Its key appeal lies in a combination of land value, location, and potential. The property ranks in the top quarter of Winnipeg for lot size and its assessed value is in the top 3% city-wide, suggesting the land itself is a significant asset. The home itself is modest at 864 sq ft with an unrenovated basement, positioning it as a candidate for updates or redevelopment.
Its appeal is primarily for value-driven buyers or investors. It would suit a handy buyer looking for a character home with room to grow on a generous lot, or an investor considering the land's value relative to the existing structure. The historical sale price from 2019 is a fraction of the current assessed value, indicating a substantial shift in perceived worth, which may reflect the lot's development potential or area improvements.
Frequently Asked Questions
1. What does "assessed value" mean in this context?
The assessed value of $140k is the city's valuation for property tax purposes. It is notably high compared to similar-sized homes in the area, often reflecting the underlying land value rather than the current state of the home itself.
2. The house last sold for much less in 2019. Why the large jump?
Such a significant increase between the 2019 sale price and the current assessed value typically points to a major change, such as a rezoning possibility, neighbourhood revitalization, or the recognition of the lot's development potential that wasn't factored into the previous sale.
3. Who is the most likely buyer for this property?
This property is best suited for a buyer whose priority is land size and location over move-in-ready condition. This includes renovators, builders, or investors with a vision for the site, rather than someone seeking a finished home.
4. What are the implications of an unrenovated basement?
An unrenovated basement in a home of this age likely means original foundations, mechanical systems, and insulation. Any renovation would need to start with addressing potential moisture, structural, and code compliance issues, which should be factored into budget planning.
5. How does the lot size compare to nearby properties?
At 3,804 sq ft, this lot is in the top 7% on its street and top 23% in Winnipeg for size. This is a standout feature, offering more outdoor space or future expansion potential than many properties in central neighbourhoods.
