Property score
65.2
Good
Overall 65.2 · Larger than most nearby homes
1,547 sqft (top 2%) · Built in 1929 (19 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: 9 dining spots, 4 schools, 3 shops, and 9 parks nearby
Living Area
Above average
62% larger than neighborhood avg.
Year Built
Near average
19 yrs older than neighborhood avg.
Mother tongue
English · 69%Tagalog · 15%
Past 10 years King Edward sales snapshot (~80% of all data)
1,128
356.6k
$349/sqft
1948
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65.2 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: #46110251
$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
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
246 Amherst Street — 28 amenities found within 500 m, across 6 categories, including 9 dining (nearest 189 m), 4 education (nearest 304 m), 3 shopping (nearest 191 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 26% | Top 15% | Bottom 49% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 246 Amherst Street, Winnipeg
Key Characteristics & Appeal
This one-and-a-half storey home in King Edward, built in 1929, presents a compelling mix of space, location, and value. Its primary appeal lies in its generous proportions relative to its immediate area. With 1,547 sqft of living space, it ranks in the top 4% of homes on Amherst Street for size, offering significantly more room than the local average. The lot is also notably larger than most in the King Edward neighbourhood, providing ample outdoor space. A key modern update is the renovated basement, adding functional living area. The home features a detached garage.
Its assessed value is notably below the citywide average, which may indicate an opportunity for value-conscious buyers. The property suits those looking for a character home with above-average interior and land space in a central neighbourhood, without the premium price tag of newer builds. It would particularly appeal to buyers who prioritize space over a modern build date, and who see potential in a home that has already seen some updates, like the basement.
Frequently Asked Questions
1. Is the assessed value an accurate reflection of the market price?
Not necessarily. The assessed value for this property is below both the city average and its most recent sold price range (approximately $315k-$345k in mid-2024). Assessments are for tax purposes; market value is determined by recent sales, condition, and demand.
2. What does the "Elite" ranking for living area mean?
It means that compared to other homes directly on Amherst Street, this house is in the top 4% for its interior square footage. You are getting a much larger home than is typical for this specific street.
3. Given its age (built 1929), what should I be mindful of?
While the basement has been renovated, a home of this age may have older building materials and systems (like plumbing, wiring, or the roof) that require inspection. Its character is a plus, but potential maintenance or upgrade costs should be factored in.
4. How does the lot size compare?
The lot is 4,694 sqft, which is above average for the King Edward neighbourhood. This is a significant advantage, offering more private outdoor space than many nearby properties.
5. Who are the likely competing buyers for this home?
Given its space, value-oriented price point, and established neighbourhood, it would attract first-time buyers needing room to grow, investors looking for a character property with rental potential, or downsizers seeking a single-family home with a manageable lot.
