231 Parkview Street

King Edward, Winnipeg

Property score

57.4

Fair

Overall 57.4 · Newer than most nearby homes

906 sqft (top 50%) · Built in 2007 (59 yrs newer than avg)

Located in a above-average income area with median household income of ~80k

Transit 86.0 · 3-min walk to transit with 4 nearby routes · Within 500m: 12 dining spots, 3 schools, 2 healthcare facilitys, and 4 shops nearby

Living Area

Near average

5% smaller than neighborhood avg.

Year Built

Above average

59 yrs newer than neighborhood avg.

Mother tongue

English · 73%Tagalog · 10%

Past 10 years King Edward sales snapshot (~80% of all data)

Sold Count

1,128

Median price

356.6k

$/sqft

$349/sqft

Avg build year

1948

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Property score

57.4 is composed by the two sections below.

Property Score

51.0Fair
Living Area906 sqft42Low
Year Built200790Excellent
Lot Size2,709 sqft28Low
Neighbourhood Sales Activity71Good

Community Score

66.9Good
Household Income77Good
Education Level44Low
Housing Stress63Fair
Core Housing Need50Fair
Employment Health83Excellent

Neighbourhood Sales

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110242

Community deep dive

$80K

Median household income

$77K

Average household income

12%

Low income (LIM-AT)

0.2

Income inequality (Gini)

3.1

P90 / P10 ratio

31%

Single-person households

21%

Families with children

Population, labour & age

Population (2021)456
Labour force participation rate76%
Median age35.6
Avg household size2.4
Unemployment rate7%
Population density4560 / km²

Households & income

Low income (LIM-AT, % pop.)12%
Single-person households31%
Couple families with children21%
Median household income (2020)$80K

Housing

Renter households23%
Condominium dwellings0%
Median dwelling value (owners)$240K

Diversity, education & language

Immigrants (share of pop.)19%
Visible minority28%
Bachelor's or higher (25–64)20%
Mother tongue (1st)English · 72%
Mother tongue (2nd)Tagalog · 9%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

around average
906 sqft
0255075100
Same streetBottom 42%Same areaTop 50%CitywideBottom 17%
Same street · Parkview Street
#158 / 271
Bottom 42% · Avg 1,002 sqft
Same area · King Edward
#1,199 / 2,385
Top 50% · Avg 952 sqft
Citywide · Winnipeg
#161,448 / 194,458
Bottom 17% · Avg 1,342 sqft

Tax-Assessed Value

above average
314k
0255075100
Same streetTop 25%Same areaTop 19%CitywideBottom 34%
Same street · Parkview Street
#67 / 271
Top 25% · Avg 275.6k
Same area · King Edward
#454 / 2,385
Top 19% · Avg 258.2k
Citywide · Winnipeg
#129,291 / 194,458
Bottom 34% · Avg 390.1k

Year Built

above average
2007
0255075100
Same streetTop 15%Same areaTop 15%CitywideTop 13%

Lot Size

around average
2,709 sqft
0255075100
Same streetBottom 13%Same areaBottom 32%CitywideBottom 8%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

231 Parkview Street — 32 amenities found within 500 m, across 7 categories, including 12 dining (nearest 153 m), 3 education (nearest 446 m), 2 healthcare (nearest 428 m).

Search radius
🍽️Dining12
🏫Education3
🏥Healthcare2
🛒Shopping4
🌳Parks4
Fuel Stations2
Worship5

Crime & Safety

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%

Sales History

Sold 10/2023CA$300k–350k
Sold price

Same street

Top 17%

Same area

Top 12%

City-wide

Top 48%

Related homes

Highlights & common questions: 231 Parkview Street, Winnipeg

Property Overview

This 906 sqft bi-level home at 231 Parkview Street in Winnipeg's King Edward neighbourhood presents a practical and modern living option. Built in 2007, it is notably newer than most homes in its immediate area and across the city. Its key appeal lies in this relative modernity, suggesting potentially fewer major maintenance concerns compared to older, century-home stock common in Winnipeg. The home features a renovated basement, adding functional living space.

The property suits first-time buyers or downsizers seeking a low-maintenance, move-in-ready home without the premium price tag of a brand-new build. Its assessed value is strong for the street and neighbourhood, indicating good value retention in its local context. A thoughtful perspective is that while the lot size is modest, especially compared to city-wide averages, it translates to less yard work—a perk for those seeking a simpler lifestyle. The lack of a garage is a trade-off for the home's newer construction and renovated interior, positioning it as an efficient urban dwelling rather than a sprawling family compound.

Frequently Asked Questions

1. How does the lot size impact the property?
The land area is smaller than many city lots, which means less outdoor maintenance. However, it also limits expansion possibilities and extensive landscaping. For the neighbourhood and street, it is around average to slightly below average.

2. The assessed value seems low. Is this accurate?
The assessed value is for municipal tax purposes and is not the market value. The data shows this home’s assessment is above average for both Parkview Street and the wider King Edward area, suggesting it is viewed favorably relative to its local peers.

3. What are the implications of the home being built in 2007?
A 2007 build is a significant advantage in an area with many older homes. It typically means more modern construction standards, wiring, plumbing, and insulation, which can lead to lower immediate repair costs and better energy efficiency.

4. Who might this home not suit?
It may not suit buyers requiring ample storage or vehicle shelter, as there is no garage. Families needing multiple large bedrooms or extensive yard space for children to play might also find the proportions modest.

5. How does the living space compare to nearby homes?
At 906 sqft, the living area is very close to the neighbourhood average. It offers a comfortable amount of space for a couple or small family, especially with the additional renovated basement area, without being overly large or costly to heat.

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