255 Amherst Street

King Edward, Winnipeg

Property score

45.1

Below average

Overall 45.1 · Smaller than most nearby homes

737 sqft (bottom 19%) · Built in 1941 (7 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: 10 dining spots, 4 schools, 3 shops, and 9 parks nearby

Living Area

Below average

23% smaller than neighborhood avg.

Year Built

Near average

7 yrs older than neighborhood avg.

Mother tongue

English · 69%Tagalog · 15%

Past 10 years King Edward sales snapshot (~80% of all data)

Sold Count

1,128

Median price

356.6k

$/sqft

$349/sqft

Avg build year

1948

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Property score

45.1 is composed by the two sections below.

Property Score

30.6Low
Living Area737 sqft22Low
Year Built194124Low
Lot Size4,697 sqft60Fair
Neighbourhood Sales Activity71Good

Community Score

66.9Good
Household Income70Good
Education Level54Fair
Housing Stress52Fair
Core Housing Need76Good
Employment Health83Excellent

Neighbourhood Sales

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110251

Community deep dive

$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

Population, labour & age

Population (2021)621
Labour force participation rate75%
Median age36.8
Avg household size2.2
Unemployment rate7%
Population density3450 / km²

Households & income

Low income (LIM-AT, % pop.)14%
Single-person households37%
Couple families with children19%
Median household income (2020)$68K

Housing

Renter households29%
Condominium dwellings0%
Median dwelling value (owners)$248K

Diversity, education & language

Immigrants (share of pop.)29%
Visible minority45%
Bachelor's or higher (25–64)28%
Mother tongue (1st)English · 69%
Mother tongue (2nd)Tagalog · 14%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

around average
737 sqft
0255075100
Same streetBottom 35%Same areaBottom 19%CitywideBottom 6%
Same street · Amherst Street
#84 / 129
Bottom 35% · Avg 869 sqft
Same area · King Edward
#1,940 / 2,385
Bottom 19% · Avg 952 sqft
Citywide · Winnipeg
#183,365 / 194,458
Bottom 6% · Avg 1,342 sqft

Tax-Assessed Value

above average
303k
0255075100
Same streetTop 14%Same areaTop 23%CitywideBottom 30%
Same street · Amherst Street
#18 / 129
Top 14% · Avg 267.7k
Same area · King Edward
#553 / 2,385
Top 23% · Avg 258.2k
Citywide · Winnipeg
#135,931 / 194,458
Bottom 30% · Avg 390.1k

Year Built

around average
1941
0255075100
Same streetTop 47%Same areaTop 50%CitywideBottom 20%

Lot Size

above average
4,697 sqft
0255075100
Same streetTop 35%Same areaTop 25%CitywideBottom 37%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

255 Amherst Street — 30 amenities found within 500 m, across 6 categories, including 10 dining (nearest 223 m), 4 education (nearest 325 m), 3 shopping (nearest 229 m).

Search radius
🍽️Dining10
🏫Education4
🛒Shopping3
🌳Parks9
Fuel Stations1
Worship3

Crime & Safety

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%

Sales History

Sold 10/2024CA$250k–300k
Sold price

Same street

Top 37%

Same area

Top 26%

City-wide

Bottom 38%

Related homes

Highlights & common questions: 255 Amherst Street, Winnipeg

Property Overview: 255 Amherst Street, Winnipeg

Key Characteristics & Appeal

This is a compact, one-storey home built in 1941, situated on a decently sized lot in the King Edward neighbourhood. Its primary appeal lies in its balance of modest scale and strong relative value within its immediate context. At 737 sqft, the living space is smaller than the city average but is fairly typical for Amherst Street and the surrounding area. A key feature is the renovated basement, adding functional space. The home includes a detached garage.

The property stands out for its assessed value, which ranks notably above average for both the street and the neighbourhood, suggesting it is viewed as a solid asset in its local market. This, combined with a land area that is larger than many lots in King Edward, indicates its underlying value may be tied more to the property itself than the size of the house.

This home would suit first-time buyers or downsizers looking for an efficient, low-maintenance footprint in an established neighbourhood. It’s a practical entry point into homeownership where the investment is supported by the lot and location, rather than sheer square footage. A buyer comfortable with a cozy layout who values a renovated basement and potential outdoor space over a large interior would find it a good match.


Frequently Asked Questions

1. How does the home’s size compare to others nearby?
At 737 sqft, the living area is slightly below the average for the King Edward neighbourhood but is quite typical for Amherst Street itself. It represents a more compact, efficient floor plan common in the area’s older housing stock.

2. The assessed value seems high for a smaller home. Why is that?
The assessed value ranks well above average for both the street and neighbourhood. This often reflects factors like the renovated basement, the above-average lot size for King Edward, and the property’s overall condition and appeal relative to immediate comparables.

3. What is the significance of the lot size?
The lot of 4,697 sqft is larger than many in the King Edward area. This provides more outdoor space than typical and can contribute to the property’s value, offering potential for gardening, expansion, or simply more privacy.

4. Who would this property not be suitable for?
It may not suit buyers who need multiple bedrooms, dedicated home office space, or who simply prefer more expansive, open-concept living areas. The layout is best for individuals, couples, or small families comfortable with a cozier footprint.

5. How current is the price history provided?
The sold price range shown is based on public data from January 2016 through April 2025. For the exact, verified sold price, you can request it via email from the listing source.

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