Property score
51.4
Fair
Overall 51.4 · Older than most nearby homes
936 sqft (top 43%) · Built in 1912 (36 yrs older than avg)
Located in a above-average income area with median household income of ~67.5k
Transit 80.0 · 4-min walk to transit with 3 nearby routes · Within 500m: 12 dining spots, 3 schools, 4 shops, and 6 parks nearby
Living Area
Near average
2% smaller than neighborhood avg.
Year Built
Below average
36 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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51.4 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
254 Ferry Road — 31 amenities found within 500 m, across 6 categories, including 12 dining (nearest 235 m), 3 education (nearest 365 m), 4 shopping (nearest 169 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 26% | Top 24% | Bottom 40% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 32% | Bottom 37% | Bottom 15% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 254 Ferry Road, Winnipeg
Key Characteristics & Appeal
This is a classic one-and-three-quarter storey home built in 1912, presenting a straightforward opportunity in Winnipeg's King Edward neighbourhood. Its key appeal lies in its proportionally large, approximately 5,000 sqft lot, which is notably above average for both the immediate street and the broader area. This offers valuable outdoor space and potential in a city where lot size often dictates future opportunity. The home itself, with 936 sqft of living space, is modest and in line with the scale of older homes in the neighbourhood. It features a detached garage and an unrenovated basement, indicating a property that is functional but awaits modernization.
The home suits practical, value-oriented buyers. It would appeal to a first-time buyer comfortable with a project, an investor looking for a character home with a strong land-to-structure ratio, or someone seeking an affordable entry into a central neighbourhood. Its assessed value sits below area averages, suggesting a potentially lower entry point. A thoughtful perspective is that while the home's age and size place it below citywide averages for newer builds, its generous lot in an established area offers a tangible asset that newer subdivisions often lack. It’s a property where the land may hold more inherent value than the current structure.
Frequently Asked Questions
1. What does "one-and-three-quarter storey" mean?
This is a common architectural style for Winnipeg homes of this era. It typically means the second floor has full-height ceilings at the centre, with sloped ceilings under the eaves in the side rooms, creating cozy, character-filled bedrooms.
2. The assessed value seems very low compared to the sold price ranges shown. Why?
Municipal assessed values in Manitoba are for tax purposes and are often significantly lower than market value. They should not be used as a direct indicator of sale price. The recent sold price history provides a more accurate picture of current market value.
3. What are the implications of an unrenovated basement?
This indicates the basement is in original or functional condition but hasn't been modernized. It likely has lower ceilings, basic finishes, and may require attention to insulation, moisture control, or updating. It represents both a cost consideration and a blank canvas for future development.
4. How does the lot size benefit a buyer?
The larger-than-average lot provides more private outdoor space, better potential for landscaping or gardening, and increased flexibility for future additions, a garage upgrade, or even subdivision, subject to city zoning bylaws. It's a long-term asset.
5. Can I get the exact historical sold prices?
Yes, the exact sold prices are available by request. You can provide your email to the listing service to receive the precise figures manually, as they are not published directly on the site to ensure data accuracy.
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