Property score
40.4
Below average
Overall 40.4 · Smaller than most nearby homes
740 sqft (bottom 19%) · Built in 1918 (30 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, 4 shops, and 6 parks nearby
Living Area
Below average
22% smaller than neighborhood avg.
Year Built
Near average
30 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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40.4 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
250 Ferry Road — 32 amenities found within 500 m, across 6 categories, including 12 dining (nearest 216 m), 3 education (nearest 346 m), 4 shopping (nearest 150 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 35% | Bottom 39% | Bottom 16% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 2% | Bottom 3% | Bottom 2% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 250 Ferry Road, Winnipeg
Section 1: Key Characteristics & Appeal
This is a compact, one-storey character home built in 1918, situated on a standard city lot in the King Edward neighbourhood. Its key features include a renovated basement and a detached garage. At 740 sqft, the living space is notably smaller than most homes in Winnipeg, placing it in the top 94% citywide (meaning 94% of homes are larger). This creates a distinct profile: a home with a very low assessed value that is efficient and manageable.
The appeal lies in its position as a true entry-point into homeownership or a strategic investment. It suits buyers with a clear vision, such as first-time purchasers seeking minimal upkeep, downsizers looking to rightsize without the burden of a large property, or investors interested in a rental property with a low entry cost. Its renovated basement adds functional space, which is a significant asset in a smaller home. A thoughtful perspective is that its modest size and value make it somewhat insulated from broader market volatility, representing a practical asset rather than a speculative one. It’s a home for those who prioritize location, simplicity, and financial pragmatism over square footage.
Section 2: Frequently Asked Questions
1. Why is the assessed value so much lower than the citywide average?
The assessed value reflects the home's relatively small size (740 sqft) and age compared to the broader Winnipeg market, where the average home is significantly larger. It is assessed in line with similar, smaller properties in its immediate area.
2. What does the "top 94%" ranking for living area mean?
This statistic means that 94% of homes in Winnipeg have a larger living area than this property. It highlights that this is a notably compact home, which translates to lower utility costs and less maintenance but requires efficient use of space.
3. Is the renovated basement included in the living area square footage?
Typically, finished basement space is not included in the official living area (above-grade) calculation. The 740 sqft likely refers to the main floor, with the renovated basement providing additional functional space.
4. Who would this property not be well-suited for?
It may not suit growing families needing multiple bedrooms or those who desire ample indoor living and storage space. The smaller footprint requires a mindful approach to possessions and layout.
5. How can I get the exact historical sold prices?
Exact sold prices are provided upon request via email. This manual process ensures accuracy from verified data, with a commitment to respond by the end of the same business day without using your email for unsolicited marketing.
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