55.9
Fair
Property score
55.9
Fair
Overall 55.9
Larger but older than most nearby homes
1,282 sqft (top 10%)
Built in 1914 (34 yrs older than avg)
Located in a average-income area
with median household income of ~58.4k
Transit 86.0
3-min walk to transit with 4 nearby routes
Within 500m: 13 dining spots, 2 schools, 5 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
35% larger than neighborhood avg.
Year Built
Below average
34 yrs older than neighborhood avg.
Mother tongue
English · 72%Tagalog · 8%
Past 10 years King Edward sales snapshot (~80% of all data)
1,128
356.6k
$349/sqft
1948
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
55.9 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: #46110244
$58K
Median household income
$66K
Average household income
15%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.1
P90 / P10 ratio
42%
Single-person households
10%
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 Queen Street — 36 amenities found within 500 m, across 9 categories, including 13 dining (nearest 198 m), 2 education (nearest 380 m), 5 healthcare (nearest 231 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 35% | Top 31% | Bottom 34% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 17% | Bottom 9% | Bottom 4% |
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, built in 1914, sits on a generous 5,780 sqft lot in the King Edward neighbourhood. With 1,282 sqft of living space and a detached garage, it presents a classic Winnipeg character home profile. Its appeal lies in its above-average lot size for the area, offering more outdoor space than most nearby properties, and its living area, which ranks well within the immediate neighbourhood and street. The home has an unrenovated basement. It would suit a buyer looking for a project-in-waiting on a sizable lot, someone who values the potential of the land and the character of an older home over modern finishes. It’s a practical choice for a hands-on owner, an investor eyeing the lot’s potential, or a buyer prioritizing location and lot size who is prepared to update the interior over time.
Key Considerations & FAQs
1. What is the true value based on recent sales?
The home sold in 2021 for an estimated $26.5k-$29.5k, which was around the average for the street at that time. A previous sale in 2020 was significantly lower. The current assessed value is $29.1k. This history suggests a stable, modest value in its immediate context, but it's notably below the city-wide average for assessed values.
2. What does "above average for the area" really mean for the lot size?
While the lot is around average for Queen Street itself, it ranks in the top 7% within the larger King Edward neighbourhood. This means you're getting a more substantial, potentially more private yard than is typical for this specific community, which is a distinct advantage.
3. Is the older year (1914) a concern?
The home is older than most in the city, but is typical for its historic street and neighbourhood. This isn’t unusual for the area and is part of its character. Buyers should budget for expected maintenance and potential updates to older mechanical systems, but the structure has clearly stood the test of time.
4. How does the unrenovated basement affect the home's utility?
It provides ample storage or workshop space as-is. For finished living space, it represents a future project and cost. However, in an older home, an untouched basement can sometimes make it easier to inspect foundational and mechanical elements without finished walls in the way.
5. Who might this property not suit?
It may not be ideal for someone seeking a move-in-ready home with modern, open-concept layouts. Given the age and the mention of an unrenovated basement, it likely requires a vision and tolerance for ongoing projects. It's also not aimed at buyers whose primary goal is rapid appreciation aligned with city-wide averages.
Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.
