44.9
Below average
Property score
44.9
Below average
Overall 44.9
Older than most nearby homes
817 sqft (bottom 33%)
Built in 1912 (36 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: 12 dining spots, 1 healthcare facility, 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
14% smaller than neighborhood avg.
Year Built
Below average
36 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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44.9 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 Parkview Street — 30 amenities found within 500 m, across 6 categories, including 12 dining (nearest 302 m), 1 healthcare (nearest 293 m), 4 shopping (nearest 310 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 11% | Bottom 17% | Bottom 6% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 271 Parkview Street, Winnipeg
Section 1: Key Characteristics & Appeal
This is a compact, one-storey home built in 1912, situated on a standard city lot in the King Edward neighbourhood. Its key characteristic is its affordability, underscored by a notably low municipal assessed value. At 817 square feet, the living space is modest and below average for its immediate street, the neighbourhood, and the city overall. The home has a basement, but it is noted as not being renovated, and the property does not include a garage or pool.
The primary appeal lies in its position as a potential entry point into the Winnipeg housing market. It represents a lower barrier to entry for buyers focused on land value and location over the condition or size of the existing structure. This property would suit a pragmatic, budget-conscious buyer—perhaps a first-time purchaser, an investor looking for a rental opportunity, or someone seeking a minimal footprint. Its value is rooted in the potential of the lot and the opportunity for gradual improvement, rather than in move-in-ready finishes or ample space. A thoughtful perspective is that its age and smaller size could translate to lower utility costs and simpler maintenance compared to larger, newer homes, appealing to those seeking financial simplicity.
Section 2: Frequently Asked Questions
1. Why is the assessed value so much lower than the city-wide average?
The assessed value is based on the property's specific attributes—including its age (1912), smaller living area, and the condition of features like the unrenovated basement. It reflects the home's current market value for taxation purposes within its specific context, not a city-wide average that includes newer, larger homes.
2. What does "below average" for Year Built mean?
This statistical ranking indicates the home is older than most comparable properties. On its own street, it ranks 269th out of 271 homes by year built, meaning it is one of the oldest houses in that grouping. This is a key factor in its character and likely informs maintenance considerations.
3. Is the sold price history from 2017 relevant today?
While it shows historical market activity, real estate values have shifted since 2017. That data point is more useful for understanding long-term ownership history than for determining current market value, which should be established through a contemporary comparative market analysis.
4. What are the implications of having no garage?
Buyers should plan for street parking and consider the practicalities of Winnipeg winters. This can influence insurance costs and daily convenience, but it also means no maintenance for a garage structure.
5. The home is smaller than average. How does the lot size compare?
The land area is approximately 2,710 sqft. While below the city-wide average, it is closer to the average for the King Edward neighbourhood itself. This suggests the lot is fairly typical for the area, offering standard outdoor space for a city home.
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