43.0
Below average
Property score
43.0
Below average
Overall 43.0
Smaller than most nearby homes
696 sqft (bottom 12%)
Built in 1918 (30 yrs older than avg)
Located in a above-average income area
with median household income of ~83k
Transit 92.0
3-min walk to transit with 8 nearby routes
Within 500m: 7 dining spots, 2 schools, 3 healthcare facilitys, and 3 shops nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
27% smaller than neighborhood avg.
Year Built
Near average
30 yrs older than neighborhood avg.
Mother tongue
English · 72%Tagalog · 9%
Past 10 years King Edward sales snapshot (~80% of all data)
1,128
356.6k
$349/sqft
1948
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
43.0 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: #46110243
$83K
Median household income
$91K
Average household income
7%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.8
P90 / P10 ratio
26%
Single-person households
22%
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
218 King Edward Street — 27 amenities found within 500 m, across 8 categories, including 7 dining (nearest 149 m), 2 education (nearest 292 m), 3 healthcare (nearest 140 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 43% | Bottom 39% | Bottom 16% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 30% | Bottom 27% | Bottom 10% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 218 King Edward Street
Key Characteristics & Appeal
This is a compact, one-storey home built in 1918, offering a straightforward and manageable footprint with 696 square feet of living space. Its recently renovated basement adds functional living area. The home sits on a smaller lot (2,634 sqft) for the neighbourhood, which translates to less yard maintenance. Key data points show its assessed value is average for the immediate area but well below the Winnipeg citywide average, indicating a potentially accessible entry point into the market.
The primary appeal lies in its simplicity and affordability. It suits a specific buyer: someone seeking a no-fuss starter home, a downsizer looking to minimize upkeep, or an investor searching for a pragmatic rental property. Its charm is functional rather than grand—it’s a home that covers the essentials without complexity. A less obvious perspective is that a smaller, renovated home like this can offer predictable utility costs and a clear scope for any future updates, reducing the "unknowns" that come with larger, older properties. It represents a practical, grounded choice in a market where that is increasingly valuable.
Frequently Asked Questions
1. Is the smaller lot size a disadvantage?
While the lot is below average in size for the street and city, it means significantly less yard work and lower exterior maintenance costs, which can be a positive for buyers seeking a low-maintenance lifestyle.
2. How does the assessed value compare to the likely selling price?
The assessed value is for municipal tax purposes and is often lower than market value. Recent sold price ranges for this home (from 2019 and 2021) were in the $17.5k-$23.5k range, providing a more relevant, though historical, market benchmark.
3. What does "below average" living area mean for daily living?
At 696 sqft, the living space is efficient. It will suit individuals, couples, or those comfortable with compact living. The renovated basement effectively expands the usable space, offering crucial flexibility.
4. Who might this property not suit?
It may not suit families needing multiple bedrooms, those who desire ample indoor or outdoor space for hobbies or entertaining, or buyers looking for a home with significant appreciation potential based on its size or lot.
5. The home is over 100 years old. What should I consider?
While the basement has been renovated, the core structure is from 1918. A thorough inspection is essential to understand the condition of fundamental elements like the foundation, plumbing, electrical systems, and the roof, which are typical focal points for homes of this age.
Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.
