236 Ferry Road

King Edward, Winnipeg

Property score

44.9

Below average

Overall 44.9 · Older than most nearby homes

828 sqft (bottom 35%) · Built in 1913 (35 yrs older than avg)

Located in a above-average income area with median household income of ~67.5k

Transit 80.0 · 3-min walk to transit with 3 nearby routes · Within 500m: 12 dining spots, 3 schools, 5 shops, and 6 parks nearby

Living Area

Below average

13% smaller than neighborhood avg.

Year Built

Below average

35 yrs older than neighborhood avg.

Mother tongue

English · 69%Tagalog · 15%

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

44.9 is composed by the two sections below.

Property Score

30.2Low
Living Area828 sqft32Low
Year Built191316Low
Lot Size2,500 sqft28Low
Neighbourhood Sales Activity71Good

Community Score

66.9Good
Household Income70Good
Education Level54Fair
Housing Stress52Fair
Core Housing Need76Good
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: #46110251

Community deep dive

$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

Population, labour & age

Population (2021)621
Labour force participation rate75%
Median age36.8
Avg household size2.2
Unemployment rate7%
Population density3450 / km²

Households & income

Low income (LIM-AT, % pop.)14%
Single-person households37%
Couple families with children19%
Median household income (2020)$68K

Housing

Renter households29%
Condominium dwellings0%
Median dwelling value (owners)$248K

Diversity, education & language

Immigrants (share of pop.)29%
Visible minority45%
Bachelor's or higher (25–64)28%
Mother tongue (1st)English · 69%
Mother tongue (2nd)Tagalog · 14%

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

Rankings

Living Area

around average
828 sqft
0255075100
Same streetBottom 34%Same areaBottom 35%CitywideBottom 11%
Same street · Ferry Road
#163 / 247
Bottom 34% · Avg 955 sqft
Same area · King Edward
#1,547 / 2,385
Bottom 35% · Avg 952 sqft
Citywide · Winnipeg
#173,363 / 194,458
Bottom 11% · Avg 1,342 sqft

Tax-Assessed Value

below average
166k
0255075100
Same streetBottom 10%Same areaBottom 8%CitywideBottom 4%
Same street · Ferry Road
#222 / 247
Bottom 10% · Avg 266.1k
Same area · King Edward
#2,185 / 2,385
Bottom 8% · Avg 258.2k
Citywide · Winnipeg
#185,847 / 194,458
Bottom 4% · Avg 390.1k

Year Built

below average
1913
0255075100
Same streetBottom 7%Same areaBottom 15%CitywideBottom 10%

Lot Size

around average
2,500 sqft
0255075100
Same streetBottom 31%Same areaBottom 12%CitywideBottom 4%

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

236 Ferry Road — 33 amenities found within 500 m, across 6 categories, including 12 dining (nearest 162 m), 3 education (nearest 293 m), 5 shopping (nearest 97 m).

Search radius
🍽️Dining12
🏫Education3
🛒Shopping5
🌳Parks6
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 9/2021CA$150k–200k
Sold price

Same street

Bottom 6%

Same area

Bottom 9%

City-wide

Bottom 4%

Related homes

Highlights & common questions: 236 Ferry Road, Winnipeg

Property Summary: 236 Ferry Road, Winnipeg

Key Characteristics & Appeal

This is a compact, one-storey home built in 1913, situated on a standard 2,500 sqft lot in the King Edward neighbourhood. With 828 sqft of living space, it offers the essentials without excess. The home presents a clear value proposition: its assessed value is notably below averages for the street, neighbourhood, and city, suggesting a lower entry point. The basement exists but is unrenovated, and there is no garage or pool.

The primary appeal lies in its affordability and location within an established community. It suits a specific type of buyer: first-time purchasers or investors seeking a straightforward, low-cost footprint in Winnipeg. It’s a practical canvas—the below-average valuation against peers could indicate room for equity growth through updates, but it requires a buyer comfortable with an older home’s needs. A less obvious perspective is that its smaller scale and lot size translate to lower maintenance costs and less upkeep, which can be a significant hidden benefit over time. This isn’t a luxury property; it’s a grounded, functional starting point.

Frequently Asked Questions

1. What does the below-average assessed value actually mean?
It indicates the city’s valuation for tax purposes is significantly lower than many comparable homes. This often correlates with a lower purchase price and property taxes, but it can also reflect the home’s age, condition, or smaller size relative to the market.

2. Is the unrenovated basement finished or usable?
The listing specifies it is "not renovated." This typically means it is in a rough, unfinished state, suitable for storage or mechanical systems but not designed as living space without significant investment.

3. What are the implications of a 1913 build year?
Homes of this age possess character but require diligent attention to aging components like wiring, plumbing, and insulation. A thorough inspection is essential to understand the modernized condition and any needed repairs.

4. Who would this property not suit?
It would likely not suit buyers looking for move-in-ready, modern finishes, or those needing multiple bedrooms, abundant space, or garage parking. It’s geared toward those willing to accept a project or a very modest living arrangement.

5. How does the land size affect future potential?
At 2,500 sqft, the lot is smaller than many in the city. This limits possibilities for large additions or detached structures but is consistent with the neighbourhood’s older, closer-built homes. The potential is more about improving the existing footprint than expanding it.

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