Property score
43.6
Below average
Overall 43.6 · Smaller than most nearby homes
709 sqft (bottom 14%) · Built in 1939 (9 yrs older than avg)
Located in a above-average income area with median household income of ~67.5k
Transit 88.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 11 dining spots, 4 schools, 3 shops, and 10 parks nearby
Living Area
Below average
26% smaller than neighborhood avg.
Year Built
Near average
9 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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43.6 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
223 Amherst Street — 32 amenities found within 500 m, across 6 categories, including 11 dining (nearest 105 m), 4 education (nearest 203 m), 3 shopping (nearest 115 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 18% | Bottom 35% | Bottom 14% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 223 Amherst Street
Key Characteristics & Appeal
This is a compact, one-storey home built in 1939, offering a practical and affordable entry point into Winnipeg’s King Edward neighbourhood. With 709 square feet of living space and a renovated basement, it maximizes its functional space. The lot is a manageable 3,757 sqft, typical for the area.
Its primary appeal lies in its value and simplicity. The home's assessed value is consistently below average for the city and its immediate street, suggesting a lower property tax burden and an accessible price point. It’s not a large or modern property, but it presents a grounded opportunity. The renovated basement adds valuable flexible space, which is a significant asset in a smaller home.
This property would suit first-time buyers, downsizers, or investors seeking a straightforward, low-maintenance holding. It’s for someone who prioritizes financial practicality and location over size or modern finishes. A thoughtful perspective is that a home of this size and vintage in a central neighbourhood can offer a simpler, more sustainable lifestyle with lower utility and upkeep costs compared to larger, newer builds.
Frequently Asked Questions
1. How does the size of this home compare to others?
At 709 sqft, the living area is below average for the street, the King Edward area, and Winnipeg overall. It’s a compact home, which is reflected in its positioning in the bottom 25-30% for size among nearby comparable properties.
2. What does the assessed value tell me?
The assessed value of $21,500 is below the average for Amherst Street and Winnipeg city-wide. This typically indicates a lower municipal property tax bill, which is a key part of ongoing affordability.
3. Is the lot size a constraint or a benefit?
The 3,757 sqft lot is slightly below average for the street but very close to the average for the King Edward area itself. It provides adequate outdoor space without the demanding maintenance of a much larger yard, which can be a benefit for those seeking a manageable property.
4. The home was built in 1939. What should I consider?
While the basement has been renovated, the core structure is 87 years old. Prospective buyers should budget for and inspect age-related components, such as the foundation, plumbing, and electrical systems, to understand any needed updates beyond the renovated spaces.
5. Who are the most likely neighbours or buyers for a home like this?
Given its size and value, the immediate market includes first-time buyers entering the market, investors looking for a rental property, or empty-nesters downsizing from a larger family home within the area.
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