45.5
Below average
Property score
45.5
Below average
Overall 45.5
Smaller and older than most nearby homes
720 sqft (bottom 16%)
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: 8 dining spots, 2 schools, 3 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
24% 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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45.5 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
266 King Edward Street — 29 amenities found within 500 m, across 8 categories, including 8 dining (nearest 277 m), 2 education (nearest 476 m), 3 healthcare (nearest 297 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 24% | Bottom 22% | Bottom 8% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 266 King Edward Street, Winnipeg
Key Characteristics & Appeal
This is a compact, one-storey home built in 1912, presenting a straightforward opportunity in Winnipeg’s King Edward neighbourhood. Its primary appeal lies in its accessibility and potential. With a living area of 720 sqft, an unrenovated basement, and no garage, it is a modest property with an assessed value significantly below city-wide averages. The lot size, while smaller than most in the immediate area, is typical for the central neighbourhood.
This home would suit a specific type of buyer: first-time purchasers or investors looking for an entry point into the market with minimal upfront capital. Its below-average costs for taxes and purchase price lower the barrier to entry. It’s not a move-in-ready showhome but a canvas. The appeal is for those who see value in a basic structure and location, willing to undertake renovations over time or comfortable with a simple, utilitarian living space. A less obvious perspective is its potential as a long-term hold in an established neighbourhood, where incremental improvements could align with gradual area revitalization.
Frequently Asked Questions
1. What is the actual selling price?
The most recent recorded sale (March 2024) fell within a range of $16.5k to $19.5k. For the precise, exact sold price, you can request it directly via email from the listing source.
2. What does "below average" in the rankings mean for a buyer?
The metrics show this property ranks in the bottom quartiles for size, value, and lot area compared to nearby and city-wide homes. Practically, this indicates lower property taxes and a purchase price well under the Winnipeg average, but also less space and older infrastructure than typical offerings.
3. What should I know about the basement?
The listing specifies the basement exists but is "not renovated." Buyers should budget for professional inspections to understand the condition of the foundation, plumbing, and electrical systems, and anticipate potential moisture issues common in century-old homes.
4. Is the land size a disadvantage?
At 2,694 sqft, the lot is smaller than many in the area, limiting expansive outdoor space. However, it requires less maintenance and may still allow for a small garden or patio, suiting a low-maintenance lifestyle.
5. Who are the most likely neighbours or comparable buyers?
Given the price point and profile, likely neighbours include long-term residents, other first-time homeowners, and rental property investors. The similar nearby properties with nearly identical assessed values suggest a consistent, stable character for this specific pocket of the street.
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