55.7
Fair
Property score
55.7
Fair
Overall 55.7
Larger than most nearby homes
1,189 sqft (top 15%)
Built in 1918 (30 yrs older than avg)
Located in a above-average income area
with median household income of ~76k
Transit 86.0
4-min walk to transit with 4 nearby routes
Within 500m: 12 dining spots, 3 schools, 1 healthcare facility, and 4 shops nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Above average
25% larger than neighborhood avg.
Year Built
Near average
30 yrs older than neighborhood avg.
Mother tongue
English · 77%Tagalog · 10%
Past 10 years King Edward sales snapshot (~80% of all data)
1,128
356.6k
$349/sqft
1948
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55.7 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: #46110241
$76K
Median household income
$74K
Average household income
9%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.7
P90 / P10 ratio
30%
Single-person households
23%
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
231 Roseberry Street — 31 amenities found within 500 m, across 7 categories, including 12 dining (nearest 143 m), 3 education (nearest 378 m), 1 healthcare (nearest 476 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 33% | Bottom 37% | Bottom 15% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 231 Roseberry Street, Winnipeg
Key Characteristics & Appeal
This one-and-a-half storey home in King Edward presents a practical opportunity, particularly for specific types of buyers. Its key characteristic is its modest scale, featuring 1,189 sqft of living space, which is notably above average for its immediate street and neighborhood. This suggests a home that makes efficient use of its footprint. It comes with a detached garage and an unrenovated basement, indicating a property that offers functional basics with room for future customization.
The primary appeal lies in its positioning within the local market. While its assessed value is significantly below the Winnipeg citywide average, it is much more aligned with—and even slightly below—the averages for King Edward and Roseberry Street itself. This creates a scenario where you are acquiring a home with more living space than many local comparables, at a value-oriented entry point. The lot, while smaller than city norms, is typical for the area.
This property would best suit a value-conscious buyer, such as a first-time homeowner or an investor, who prioritizes location and liveable space over modern finishes and is prepared to take on a home that may require updates over time. Its unrenovated state is not a drawback but a clear canvas, appealing to those who see potential in personalizing a property. A less obvious perspective is that its older age (built 1918) and established neighborhood often come with mature trees and a settled streetscape, offering a sense of character that newer subdivisions may lack.
Frequently Asked Questions
1. Is the low assessed value a concern?
Not necessarily for the local market. The assessed value is very typical for the King Edward neighborhood and Roseberry Street. It reflects the home’s unrenovated condition and the generally more affordable nature of the area compared to the citywide average.
2. What does "above average" living area mean for this home?
It means that for King Edward and specifically for Roseberry Street, this home offers more interior space than most comparable properties. You are getting a relatively spacious home for the area’s price point.
3. What should I know about the unrenovated basement?
This indicates the basement is in original or functional condition but has not been modernized or developed into a finished living space. It provides ample storage and mechanical space but represents a clear opportunity for future improvement.
4. How does the lot size impact the property?
At 2,709 sqft, the lot is smaller than the Winnipeg average but is standard for the central neighborhood. It offers a manageable yard for maintenance and is consistent with the community’s established layout.
5. Who would this property NOT be suitable for?
It may not suit buyers seeking a turn-key, modern home with no immediate projects, or those who prioritize a very large private yard. The value here is in the existing structure and location, with the understanding that some investment may be desired over time.
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