56.3
Fair
Property score
56.3
Fair
Overall 56.3
Larger than most nearby homes
1,031 sqft (top 30%)
Built in 1918 (30 yrs older than avg)
Located in a above-average income area
with median household income of ~83k
Transit 86.0
4-min walk to transit with 4 nearby routes
Within 500m: 9 dining spots, 2 schools, 3 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
8% larger than neighborhood avg.
Year Built
Near average
30 yrs older than neighborhood avg.
Mother tongue
English · 72%Tagalog · 9%
Past 10 years King Edward sales snapshot (~80% of all data)
1,128
356.6k
$349/sqft
1948
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56.3 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: #46110243
$83K
Median household income
$91K
Average household income
7%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.8
P90 / P10 ratio
26%
Single-person households
22%
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
252 King Edward Street — 30 amenities found within 500 m, across 8 categories, including 9 dining (nearest 232 m), 2 education (nearest 424 m), 3 healthcare (nearest 248 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 33% | Bottom 31% | Bottom 12% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 38% | Bottom 35% | Bottom 14% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 8% | Bottom 6% | Bottom 3% |
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 on King Edward Street presents a straightforward, entry-level opportunity in Winnipeg. Built in 1918, it features 1,031 sqft of living space and a detached garage. The basement exists but is noted as not renovated. The data reveals a property that sits comfortably within the averages for its immediate street and neighborhood in terms of size, value, and age, but trends below Winnipeg-wide averages. Its most defining characteristic is the compact 2,693 sqft lot, which is smaller than most in the area. Recent sale history shows consistent activity, suggesting a steady, affordable niche in the market.
Key Characteristics & Appeal
The primary appeal of this home is its affordability and position as a practical entry point into the King Edward neighborhood. It suits first-time buyers, investors, or downsizers seeking a low-maintenance footprint without a major renovation project—provided the unrenovated basement condition is acceptable. Its living space is typical for the local area, offering a functional layout for a small household.
A more nuanced perspective lies in its lot size. While well below average, this translates to minimal yard upkeep, which could be a significant advantage for those seeking a "lock-and-leave" property or who prioritize interior space over outdoor maintenance. The consistent sales history every few years indicates a property that holds a reliable, if modest, value in its specific market segment without wild fluctuation.
Frequently Asked Questions
1. What does "basement not renovated" typically imply?
It usually means the basement is in original or utilitarian condition, likely with concrete walls and floors, and is suited for storage or basic laundry facilities rather than finished living space.
2. How does the small lot size affect daily living?
It offers very limited private outdoor space, making gardening or large gatherings difficult. However, it significantly reduces yard work and may lower maintenance costs.
3. The assessed value seems very low compared to the city-wide average. Why?
Assessed values are for municipal tax purposes and are often much lower than market value, especially in older neighborhoods. The city-wide average is skewed by newer, larger, and higher-value homes in different areas.
4. Who might this property not suit?
It would not suit buyers needing multiple finished bedrooms, those who desire a large garden or play area, or anyone looking for a move-in-ready home with a modern, developed basement.
5. The home has sold several times recently. Is that a concern?
Not necessarily. The consistent 3-4 year turnover pattern at stable price points suggests it reliably serves as a starter home or a practical investment property, rather than indicating an underlying problem.
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