59.2
Fair
Property score
59.2
Fair
Overall 59.2
Larger but older than most nearby homes
1,128 sqft (top 20%)
Built in 1912 (36 yrs older than avg)
Located in a above-average income area
with median household income of ~83k
Transit 86.0
4-min walk to transit with 4 nearby routes
Within 500m: 7 dining spots, 2 schools, 3 healthcare facilitys, and 3 shops nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Above average
18% larger than neighborhood avg.
Year Built
Below average
36 yrs older than neighborhood avg.
Mother tongue
English · 72%Tagalog · 9%
Past 10 years King Edward sales snapshot (~80% of all data)
1,128
356.6k
$349/sqft
1948
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59.2 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: #46110243
$83K
Median household income
$91K
Average household income
7%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.8
P90 / P10 ratio
26%
Single-person households
22%
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
236 King Edward Street — 28 amenities found within 500 m, across 8 categories, including 7 dining (nearest 186 m), 2 education (nearest 362 m), 3 healthcare (nearest 194 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 43% | Bottom 39% | Bottom 16% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This one-and-a-half storey home on King Edward Street presents a specific and compelling opportunity. Built in 1912, it sits on a modest 2,541 sqft lot and offers 1,128 sqft of living space. Its key characteristic is a pronounced contrast: while its living space is above average for the immediate street and neighborhood, its assessed value is notably below average across all comparison levels. The home has a basement but it is not renovated, and there is no garage or pool. It last sold in June 2021.
Key Characteristics & Appeal
The primary appeal of this property lies in its value proposition and potential. With an assessed value significantly lower than city and area averages, it represents an accessible entry point into the King Edward neighborhood. The above-average living area for the street suggests a relatively spacious interior for the price point. This home would suit a value-conscious buyer, such as a first-time purchaser or an investor, who is comfortable with a home that likely requires updates. Its age and unrenovated basement point to a "blank canvas" opportunity, but one that demands a practical assessment of renovation costs and timelines. A less obvious perspective is that the very compact lot size, while a limitation for expansion or extensive outdoor space, translates to lower maintenance responsibilities, which could be a benefit for a busy owner.
Frequently Asked Questions
1. Why is the assessed value so much lower than averages?
The assessed value is a municipal valuation for tax purposes and is often influenced by the home's age, condition, and specific market factors. Its below-average valuation relative to the neighborhood and city indicates it may be priced as a fixer-upper or require significant investment.
2. What does "basement not renovated" typically mean?
This usually indicates the basement is in original or utilitarian condition. It likely has foundational finishes (concrete floors, exposed beams/mechanicals) and may have limited finished living space. It should be inspected for moisture issues, insulation, and code compliance.
3. How does the small lot size affect the property?
The lot is significantly smaller than area averages. This limits potential for additions, extensive landscaping, or detached structures like a garage. However, it also means less yard work and lower exterior maintenance costs.
4. Who would this property be a good fit for?
It's best suited for a buyer with a realistic renovation budget and timeline, such as a handy first-time homebuyer or an investor looking for a property with clear value-add potential through updates.
5. How current is the price history information?
The last recorded sale was in June 2021. For the most accurate and complete sold price history, you must request the exact data via the provided email service, as public records may show ranges or be incomplete.
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