58.6
Fair
Property score
58.6
Fair
Overall 58.6
Newer than most nearby homes
1,008 sqft (top 33%)
Built in 1986 (38 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: 13 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
Near average
6% larger than neighborhood avg.
Year Built
Above average
38 yrs newer 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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58.6 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
238 Marjorie Street — 33 amenities found within 500 m, across 7 categories, including 13 dining (nearest 188 m), 2 education (nearest 446 m), 2 healthcare (nearest 386 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 | Top 24% | Top 20% | Bottom 44% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 238 Marjorie Street, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home in King Edward presents a practical and efficient living option. Its key characteristics include a renovated basement, a detached garage, and a 1986 build date, which is notably newer than many homes in the immediate area and across Winnipeg. With just over 1,000 square feet of living space, it offers a manageable size that is above average for its street and neighbourhood.
The primary appeal lies in its balance of modern convenience and neighbourhood value. The renovated basement adds functional living space, while the newer construction year suggests potentially fewer immediate concerns with major aging components compared to century-old homes common in central neighbourhoods. It suits first-time buyers seeking an entry point into the market without a major renovation project, or investors looking for a relatively modern, low-maintenance rental property. The lot is compact, which translates to less yard upkeep—a plus for those seeking a simplified lifestyle—but offers less private outdoor space.
Section 2: Frequently Asked Questions
1. How does the property’s size compare to the area?
The living space is efficient and actually larger than many comparable homes on Marjorie Street and in the King Edward neighbourhood. However, the land area is significantly smaller than typical lots in Winnipeg, meaning a smaller yard.
2. What does the "above average" year built mean for a buyer?
Built in 1986, the home is decades newer than the neighbourhood and city averages. This can be an advantage, potentially indicating updated wiring, plumbing, and insulation standards from that era, which may reduce the need for immediate major system upgrades.
3. Is the assessed value a reliable indicator of the selling price?
The assessed value for tax purposes is one data point, but market conditions determine the sale price. The home last sold in 2022, and reviewing the exact sold price history (available by request) for that and comparable listings will provide a clearer picture of current value.
4. Who might the compact lot size appeal to?
The smaller lot requires less maintenance, which can be a significant benefit for busy professionals, downsizers, or those who prefer to spend less time on yard work. It may not suit buyers looking for extensive gardening space or large private outdoor areas.
5. What is the significance of the renovated basement?
A renovated basement immediately adds usable living space, whether for a family room, home office, or additional storage. It’s a finished feature that adds functionality without the need for a future investment of time and money by the new owner.
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