41.3
Below average
Property score
41.3
Below average
Overall 41.3
Smaller than most nearby homes
730 sqft (bottom 18%)
Built in 1918 (30 yrs older 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, 2 schools, 2 healthcare facilitys, and 4 shops nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
23% smaller than neighborhood avg.
Year Built
Near average
30 yrs older than neighborhood avg.
Mother tongue
English · 73%Tagalog · 10%
Past 10 years King Edward sales snapshot (~80% of all data)
1,128
356.6k
$349/sqft
1948
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41.3 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: #46110242
$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
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
233 Parkview Street — 31 amenities found within 500 m, across 7 categories, including 12 dining (nearest 160 m), 2 education (nearest 451 m), 2 healthcare (nearest 421 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%
Local garbage, recycling, and yard waste pickup schedule for 233 Parkview Street.
Garbage
friday
Recycling
friday
Yard Waste
friday b
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 40% | Bottom 48% | Bottom 20% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 233 Parkview Street, Winnipeg
Key Characteristics & Appeal
This is a compact, one-storey home built in 1918, situated on a standard-sized lot in the King Edward neighbourhood. Its key characteristics are its modest scale and below-average citywide metrics for living space (730 sq ft) and land size. However, this translates into its core appeal: a genuinely affordable entry point into the Winnipeg market. The home features a renovated basement and a detached garage.
Its appeal lies in practicality and potential. The recent basement renovation adds immediate functional space, while the home's simpler, older structure could appeal to those looking for a manageable project without the overwhelming scope of a full century-home restoration. It suits first-time buyers, downsizers, or pragmatic investors seeking a low-cost holding with a stable tenant base. A thoughtful perspective is that its smaller footprint and lot, while not lavish, mean lower utility costs, less maintenance, and a cozier, easier-to-manage living environment compared to larger, average-sized homes.
Frequently Asked Questions
1. Is the assessed value the same as the market value?
No. The assessed value ( $21.5k ) is for municipal tax purposes. The recent sold price range ( $22.5k - $25.5k in 2022) is a better indicator of market value, but current conditions may differ.
2. How does the small living area compare locally?
While well below the city average, it's more comparable in the immediate King Edward area. This suggests the neighbourhood may offer more similarly scaled, affordable options.
3. What does the "renovated basement" include?
The listing notes it is renovated but does not specify finishes or legal status. This is a key detail to verify regarding quality, permits, and whether it's a legal suite or simply finished storage/living space.
4. What are the implications of the 1918 build date?
It places the home in the "older" category citywide, but is average for its street and neighbourhood. Buyers should budget for potential updates to older mechanical systems, insulation, or windows, while appreciating the classic character.
5. Why is the citywide average assessed value so much higher ($390k)?
This highlights that 233 Parkview is in a distinctly different market segment than the typical Winnipeg home. The comparison underscores this property's role as a deeply affordable option, not a direct competitor to median-priced houses.
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