Property score
56.6
Fair
Overall 56.6 · Larger but older than most nearby homes
1,153 sqft (top 18%) · 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, 3 shops, and 6 parks nearby
Living Area
Above average
21% larger 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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56.6 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
255 Inglewood Street — 30 amenities found within 500 m, across 6 categories, including 12 dining (nearest 229 m), 3 education (nearest 350 m), 3 shopping (nearest 160 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 20% | Top 31% | Bottom 34% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 255 Inglewood Street
Key Characteristics & Appeal
This one-and-a-half storey home, built in 1912, presents a classic character home opportunity in Winnipeg's King Edward neighbourhood. With 1,153 sqft of living space, it offers more room than many comparable homes on its street and in the immediate area. A key feature is its renovated basement, adding functional living space. The property sits on a 3,532 sqft lot, which is a generous size for the street.
The primary appeal lies in its strong positioning within a local context. While its age and assessed value are below the city-wide average, it ranks above average for living space within its own neighbourhood—a practical advantage for buyers focused on King Edward. It suits a first-time homebuyer or an investor looking for a character property with foundational updates (like the basement) and the potential to add value. It’s less suited for those seeking a modern build, a garage, or a property that ranks highly in city-wide metrics.
A thoughtful perspective: its "average" assessed value for the street and neighbourhood suggests it’s priced in line with the local market, potentially offering a stable entry point without a premium for extreme scarcity or luxury. The recent sale in mid-2024 indicates active market interest.
Frequently Asked Questions
1. How does the living area compare to nearby homes?
At 1,153 sqft, this home provides more living space than the average comparable home on Inglewood Street (922 sqft avg) and in the King Edward neighbourhood (952 sqft avg).
2. What does the "renovated basement" include?
The listing confirms the basement is renovated, but the specific finishes, layout, and whether it includes a legal suite or additional bedrooms should be verified through a viewing or direct inquiry with the listing agent.
3. Is the assessed value a good indicator of the sale price?
Not directly. The assessed value for municipal taxes is $23,700. The home sold for between $265,000 and $295,000 in May 2024, which is a more accurate reflection of its recent market value.
4. What are the implications of the home's age (1912)?
While it adds character, it typically means potential for older systems (plumbing, electrical, roof) that may require attention or updating. A thorough home inspection is strongly advised.
5. How does the lack of a garage affect parking?
The property has no garage. Parking would be limited to on-street, so checking local parking regulations and typical availability on Inglewood Street is important for daily convenience.
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