46.5
Below average
Property score
46.5
Below average
Overall 46.5
Smaller and older than most nearby homes
640 sqft (bottom 5%)
Built in 1912 (36 yrs older than avg)
Located in a above-average income area
with median household income of ~83k
Transit 86.0
3-min walk to transit with 4 nearby routes
Within 500m: 7 dining spots, 1 school, 2 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
Below average
33% smaller than neighborhood avg.
Year Built
Below average
36 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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46.5 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
253 Berry Street — 26 amenities found within 500 m, across 8 categories, including 7 dining (nearest 249 m), 1 education (nearest 398 m), 2 healthcare (nearest 285 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 6% | Bottom 14% | Bottom 5% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
253 Berry Street is a compact, one-storey home built in 1912, situated on a generously sized lot in Winnipeg's King Edward neighbourhood. Its key appeal lies in the combination of a renovated basement and a detached garage, offering functional space beyond its modest 640 sqft main floor. The assessed value is notably lower than the citywide average, positioning it as an accessible entry point into the market.
Key Characteristics & Ideal Buyer
This home is defined by its contrasts. While the living area is significantly smaller than most homes locally and citywide, the land area of over 5,200 sqft is well above average for the King Edward area. This presents a classic "value in the land" scenario. The appeal is for the practical-minded buyer who sees potential beyond the existing structure: a starter home investor, a hands-on owner planning future expansions, or someone seeking lower property taxes relative to lot size. Its renovated basement adds immediate livable space, making it functional despite the smaller main floor. It suits a buyer comfortable with the character and maintenance considerations of a 114-year-old home, who prioritizes lot size and location over square footage, and views the current assessed value as a foundation for building equity.
Frequently Asked Questions
1. Why is the living area so much smaller than the average home?
As a one-storey home built in 1912, its layout reflects older design norms. The square footage is primarily contained on the main floor, with the renovated basement providing additional functional space.
2. The last sold price seems very low. What does that mean?
The listed sale from 2017 appears to be for a fraction of the current assessed value. This typically indicates a prior sale of a partial interest (e.g., a land title transfer between family members) and does not reflect a recent full-market arm's length transaction. The current assessed value of $230k is the relevant market benchmark.
3. What are the advantages of such a large lot for a small house?
The above-average lot size for the area offers valuable outdoor space, room for gardening, parking, or storage. It also provides long-term potential for additions, a laneway suite (subject to zoning), or simply holds value as a scarce commodity in an established neighbourhood.
4. How does the assessed value compare to nearby homes?
At $230k, the home's assessed value is around the average for Berry Street and the King Edward neighbourhood. However, it sits below the Winnipeg citywide average, which can be an advantage for property tax calculations.
5. What should I consider with a home of this age?
While the basement has been renovated, a 1912 home will have an older core structure, plumbing, and electrical systems. A thorough inspection is essential to understand the condition of the original building components and plan for future maintenance or updates.
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