42.9
Below average
Property score
42.9
Below average
Overall 42.9
Smaller and older than most nearby homes
774 sqft (bottom 26%)
Built in 1912 (36 yrs older than avg)
Located in a above-average income area
with median household income of ~67.5k
Transit 80.0
2-min walk to transit with 3 nearby routes
Within 500m: 11 dining spots, 3 schools, 4 shops, and 6 parks nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
19% smaller than neighborhood avg.
Year Built
Below average
36 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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42.9 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
229 Inglewood Street — 30 amenities found within 500 m, across 6 categories, including 11 dining (nearest 129 m), 3 education (nearest 250 m), 4 shopping (nearest 62 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 | Top 35% | Top 45% | Bottom 24% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 229 Inglewood Street
This one-storey home in Winnipeg's King Edward neighbourhood presents a practical opportunity. Built in 1912, its 774 sqft living area is compact, but the property stands out for its larger-than-average lot size of 3,782 sqft for the immediate street. The home features a renovated basement, and its assessed value positions it as an around-average property within the local context. Recent sale data from late 2023 indicates activity in a modest price range.
Key Characteristics & Appeal
The primary appeal of this property lies in its balance of a manageable, updated living space and a generous lot for the area. While the home itself is smaller and older than many in the city, it sits on a parcel of land that ranks well above average for Inglewood Street. This combination suggests potential for comfortable living with valuable outdoor space or future expansion, all within a stable, established neighbourhood. The renovated basement adds functional living area.
This home would suit a first-time buyer seeking an entry point into homeownership without a massive footprint, or a pragmatic investor looking for a character property with a strong land component. It’s for someone who values lot size over sheer interior square footage and is comfortable with the nuances of an older home. A less obvious perspective is that its "around average" metrics for the street and neighbourhood indicate a property that is neither over-improved nor under-improved for its surroundings, which can be a mark of stability and realistic valuation.
Frequently Asked Questions
1. What does the sold price history indicate?
Public records show the home sold in November 2023 for an estimated range. For the exact historical sold price, you can request it via email from the site; they provide this data manually without using your email for marketing.
2. How does the lot size compare meaningfully?
The land area of 3,782 sqft is a key feature. It ranks in the top 27% on its own street, meaning it's significantly larger than many immediate neighbours, offering more private outdoor space than typical for the block.
3. Is the assessed value a good indicator of the market price?
The assessed value is for municipal tax purposes. The home's assessment is around the neighbourhood average, but market price is determined by current conditions, the home's specific state, and buyer demand. The prior sale range is a more direct, though not absolute, market indicator.
4. What should I consider with a home from 1912?
While the basement has been renovated, the age of the home means prospective buyers should pay special attention to the condition of core systems (plumbing, electrical, foundation) and the structure itself during an inspection. Its age is greater than most in the area.
5. Are there similar properties nearby for comparison?
The listing notes nearby homes on the same street and others in King Edward with similar assessed values. It’s useful to compare their lot sizes, living areas, and year built to gauge how this property fits within the local market.
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