42.1
Below average
Property score
42.1
Below average
Overall 42.1
Smaller than most nearby homes
690 sqft (bottom 11%)
Built in 1946 (2 yrs older than avg)
Located in a above-average income area
with median household income of ~80k
Transit 86.0
4-min walk to transit with 4 nearby routes
Within 500m: 10 dining spots, 2 healthcare facilitys, 4 shops, and 5 parks nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
28% smaller than neighborhood avg.
Year Built
Near average
2 yrs older than neighborhood avg.
Mother tongue
English · 73%Tagalog · 10%
Past 10 years King Edward sales snapshot (~80% of all data)
1,128
356.6k
$349/sqft
1948
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42.1 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: #46110242
$80K
Median household income
$77K
Average household income
12%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.1
P90 / P10 ratio
31%
Single-person households
21%
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
271 Marjorie Street — 27 amenities found within 500 m, across 6 categories, including 10 dining (nearest 293 m), 2 healthcare (nearest 237 m), 4 shopping (nearest 298 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%
Local garbage, recycling, and yard waste pickup schedule for 271 Marjorie Street.
Garbage
friday
Recycling
friday
Yard Waste
friday b
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 45% | Top 49% | Bottom 22% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 271 Marjorie Street, Winnipeg
Key Characteristics & Appeal
This is a compact, one-storey home built in 1946, situated on a standard-sized lot in the King Edward neighbourhood. Its key characteristic is its modest scale, with a living area of 690 sqft that places it below the average size for comparable homes on its street, in the area, and citywide. However, it features a renovated basement, adding functional space. The assessed value is notably low compared to the citywide average, aligning more closely with local neighbourhood benchmarks.
The appeal lies in its affordability and simplicity. It represents a straightforward entry point into homeownership, with recent updates to the basement adding modern utility. The lot size is typical for the area, offering outdoor space without the maintenance burden of a larger yard. This property would best suit first-time buyers, downsizers looking to reduce costs and upkeep, or investors seeking a rental property with a lower initial investment. It’s a practical choice for those who prioritize financial accessibility and a manageable footprint over size and premium finishes.
Frequently Asked Questions
1. How does the low assessed value impact property taxes?
A lower assessed value typically results in lower municipal property taxes, which is a significant ongoing cost saving for the owner.
2. Given the home's smaller size, what are the possibilities for expansion?
The renovated basement already adds liveable space. The lot dimensions could potentially allow for a lateral addition, but any expansion would require a review of zoning bylaws and an assessment of the home's existing structure.
3. Is the renovated basement a legal suite?
The listing states the basement is renovated but does not specify it as a legal secondary suite. A buyer should verify its status with the city to understand any rental or legal compliance implications.
4. How does the sale history inform the current value?
The home sold in mid-2022 for an estimated range that aligns closely with its current assessed value, suggesting a stable, moderate value in this market segment without dramatic appreciation.
5. What is the character of the immediate neighbourhood?
With homes of very similar assessed value and vintage on the same block, the street appears to consist of stable, long-established properties, indicating a neighbourhood of consistent, modest-scale homes.
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