47.6
Below average
Property score
47.6
Below average
Overall 47.6
Smaller than most nearby homes
770 sqft (bottom 25%)
Built in 1927 (21 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
19% smaller than neighborhood avg.
Year Built
Near average
21 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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47.6 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: #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
257 Berry Street — 25 amenities found within 500 m, across 8 categories, including 7 dining (nearest 269 m), 1 education (nearest 419 m), 2 healthcare (nearest 287 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 20% | Bottom 33% | Bottom 13% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview & Appeal
This one-storey home at 257 Berry Street in Winnipeg's King Edward neighbourhood is a compact, character property built in 1927. Its key characteristic is its modest 770 sqft living area, which is below average for the street, neighbourhood, and city. This is balanced by a renovated basement and a detached garage. The lot size of 3,854 sqft is typical for the area. The home’s assessed value is consistently around the average for its immediate vicinity.
The appeal lies in its practicality and location. It represents a more accessible entry point into the housing market, particularly for the King Edward area. The renovated basement adds functional living space, making the home more efficient than the main floor square footage alone might suggest. It would suit first-time buyers, downsizers, or investors looking for a manageable, no-fuss property in an established neighbourhood. Its "around average" valuation for the street and area suggests it's priced in line with local expectations, not carrying a premium for size or newness.
A less obvious perspective is that a home of this size and vintage on a decent lot offers a clear opportunity for efficient living without the burden of maintaining unused space. For the right buyer, its below-average citywide metrics highlight its potential as a value-oriented choice in a broader market where average homes are larger and newer.
Frequently Asked Questions
1. Is the living space too small?
At 770 sqft on the main floor, it is a compact home. However, the renovated basement provides additional finished space, which significantly increases its usable living area and functionality.
2. How does the assessed value compare to the likely selling price?
The assessed value is approximately $24,700, which is typical for similar homes on this street and in King Edward. It's important to note that assessed value for tax purposes is different from market value; recent sold prices in the area and the condition of the home will be the primary drivers of the sale price.
3. What is the neighbourhood like?
King Edward is an established, central Winnipeg neighbourhood. The property rankings show this home is very typical for the area in terms of age, value, and lot size, indicating a consistent, mature community character.
4. Are there any major concerns with a house built in 1927?
As with any home nearly 100 years old, the condition of core systems like wiring, plumbing, and the foundation should be verified by a professional inspection. The age is typical for the street, which averaged being built in 1941.
5. You mention a previous sale in 2021. What was the price?
Public data indicates a sold price range between $19,500 and $22,500 in August 2021. For the exact sale price, you can request the information via email from the listing source.
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