42.0
Below average
Property score
42.0
Below average
Overall 42.0
Smaller than most nearby homes
718 sqft (bottom 15%)
Built in 1918 (30 yrs older than avg)
Located in a above-average income area
with median household income of ~76k
Transit 86.0
3-min walk to transit with 4 nearby routes
Within 500m: 13 dining spots, 2 schools, 1 healthcare facility, 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
25% smaller than neighborhood avg.
Year Built
Near average
30 yrs older than neighborhood avg.
Mother tongue
English · 77%Tagalog · 10%
Past 10 years King Edward sales snapshot (~80% of all data)
1,128
356.6k
$349/sqft
1948
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42.0 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: #46110241
$76K
Median household income
$74K
Average household income
9%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.7
P90 / P10 ratio
30%
Single-person households
23%
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 Parkview Street — 31 amenities found within 500 m, across 7 categories, including 13 dining (nearest 207 m), 2 education (nearest 455 m), 1 healthcare (nearest 397 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 246 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 1% | Bottom 4% | Bottom 2% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 246 Parkview Street, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home on Parkview Street in King Edward is a compact, no-frills property built in 1918. Its key characteristic is its exceptionally low assessed value, which places it in the bottom 3% of homes in the area and citywide. With 718 sqft of living space and a 2,709 sqft lot, it is notably smaller than area averages. The basement exists but is not renovated, and the property has no garage or pool.
The appeal lies squarely in its position as a minimal-entry point into the Winnipeg housing market. It suits buyers with very limited budgets seeking a straightforward project, or investors looking for an affordable rental property with fundamental utilities. Its small size and lot also mean lower property taxes and potentially manageable upkeep costs. A less obvious perspective is that its age and established location might offer more character and mature tree coverage than newer, sparse developments, despite the need for updates.
Section 2: Frequently Asked Questions
1. Why is the assessed value so much lower than the city average?
The assessed value reflects the property's smaller size, age, and lack of recent renovations compared to most homes in Winnipeg. It is priced as a basic, entry-level asset.
2. What does "basement, not renovated" typically mean?
It indicates the basement is unfinished or in original condition, likely suitable for utilities and storage only, not as living space, and may require moisture management or updating.
3. Who would this property be most suitable for?
It is best suited for budget-conscious first-time buyers comfortable with a major fixer-upper, or for investors seeking a low-cost rental with understanding tenants.
4. How does the lot size affect potential use?
At just over a quarter of an acre, the lot is smaller than average but may still allow for a modest garden or patio. Expansion or major additions would be limited by space.
5. Are the sold price ranges provided the exact selling prices?
No, the listed prices are estimated ranges from public data. The exact sale price history can be requested directly from the site via email.
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