272 Ferry Road

King Edward, Winnipeg

Property score

56.0

Fair

Overall 56.0 · Newer than most nearby homes

847 sqft (bottom 38%) · Built in 2013 (65 yrs newer than avg)

Located in a above-average income area with median household income of ~75.5k

Transit 80.0 · 3-min walk to transit with 3 nearby routes · Within 500m: 12 dining spots, 3 schools, 3 shops, and 6 parks nearby

Living Area

Below average

11% smaller than neighborhood avg.

Taon ng Paggawa

Above average

65 yrs newer than neighborhood avg.

Mother tongue

English · 85%Tagalog · 4%

Past 10 years King Edward sales snapshot (~80% of all data)

Sold Count

1,128

Median price

356.6k

$/sqft

$349/sqft

Avg build year

1948

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Property score

56.0 is composed by the two sections below.

Property Score

44.3Low
Living Area847 sqft32Low
Taon ng Paggawa201394Excellent
Lupa2,492 sqft18Low
Neighbourhood Sales Activity71Good

Community Score

73.6Good
Household Income75Good
Education Level44Low
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health90Excellent

Istatistika ng benta ng komunidad

King Edward

How to read: Share of sales in each ~$50k price band for “king edward” (Detached na bahay (hindi condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110252

Community deep dive

$76K

Median household income

$88K

Average household income

13%

Low income (LIM-AT)

0.2

Income inequality (Gini)

3.1

P90 / P10 ratio

36%

Single-person households

14%

Families with children

Population, labour & age

Population (2021)503
Labour force participation rate76%
Median age38.4
Avg household size2.1
Unemployment rate5%
Population density3592 / km²

Households & income

Low income (LIM-AT, % pop.)13%
Single-person households36%
Couple families with children14%
Median household income (2020)$76K

Housing

Renter households15%
Condominium dwellings0%
Median dwelling value (owners)$250K

Diversity, education & language

Immigrants (share of pop.)9%
Visible minority12%
Bachelor's or higher (25–64)21%
Mother tongue (1st)English · 85%
Mother tongue (2nd)Tagalog · 4%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Mga ranggo

Living Area

karaniwan
847 sqft
0255075100
Same streetBottom 38%Same areaBottom 38%CitywideBottom 12%
Same street · Ferry Road
#152 / 247
Bottom 38% · Avg 955 sqft
Same area · King Edward
#1,474 / 2,385
Bottom 38% · Avg 952 sqft
Citywide · Winnipeg
#170,266 / 194,458
Bottom 12% · Avg 1,342 sqft

Assessed Value

lampas sa average
303k
0255075100
Same streetTop 28%Same areaTop 23%CitywideBottom 30%
Same street · Ferry Road
#70 / 247
Top 28% · Avg 266.1k
Same area · King Edward
#553 / 2,385
Top 23% · Avg 258.2k
Citywide · Winnipeg
#135,931 / 194,458
Bottom 30% · Avg 390.1k

Taon ng Paggawa

lampas sa average
2013
0255075100
Same streetTop 20%Same areaTop 11%CitywideTop 9%

Lupa

mas mababa sa average
2,492 sqft
0255075100
Same streetBottom 26%Same areaBottom 11%CitywideBottom 4%

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.

Transit & Walkability

Mga malapit na hinto, ruta at transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

272 Ferry Road — 31 amenities found within 500 m, across 6 categories, including 12 dining (nearest 250 m), 3 education (nearest 445 m), 3 shopping (nearest 222 m).

Search radius
🍽️Dining12
🏫Education3
🛒Shopping3
🌳Parks6
Fuel Stations2
Worship5

Crime & Safety

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%

Kasaysayan ng Benta

Naibenta 11/2021CA$300k–350k
Presyo ng benta

Parehong kalye

Top 21%

Parehong lugar

Top 18%

Buong lungsod

Bottom 45%

Related homes

Mga tampok at karaniwang tanong: 272 Ferry Road, Winnipeg

Property Overview: 272 Ferry Road, Winnipeg

Section 1: Key Characteristics & Appeal

This bi-level home at 272 Ferry Road presents a practical and modern living option in Winnipeg's King Edward neighbourhood. Its key appeal lies in being a relatively new construction (built in 2013) within an area featuring many older homes, offering move-in readiness with a renovated basement. With 847 sqft of living space, it is comfortably sized for individuals, couples, or small families, ranking as average for the immediate area but below the city-wide average, highlighting its efficient use of space.

The home’s assessed value is notably above average for both Ferry Road and the King Edward neighbourhood, suggesting it is perceived as a well-maintained or updated property within its local context. However, the land area is compact at 2,492 sqft, which is below average for the area and significantly smaller than typical city lots. This translates to lower exterior maintenance but less private outdoor space.

This property would best suit first-time homebuyers, downsizers, or investors seeking a modern, low-maintenance home in a central location. Its above-average assessment for the street and neighbourhood indicates it may appeal to those looking for a "best house on the block" scenario—a newer, updated property surrounded by more modest or older homes, which can be a savvy long-term strategy. The efficient layout and newer build are major draws for those wanting to avoid immediate major renovations.


Section 2: Frequently Asked Questions

1. Is the price reasonable for the size?
While the living space is modest, the sale history and assessed value indicate the price reflects the home’s modern condition (2013 build, renovated basement) and its standing as a newer property in the neighbourhood, rather than square footage alone.

2. What are the pros and cons of the lot size?
The compact lot means less yard work and lower property taxes, but also limited space for gardening, expansion, or large outdoor gatherings. It’s a trade-off that prioritizes low maintenance over spacious grounds.

3. How does this home compare to others on the street?
Data shows it ranks in the top 28% by assessed value on Ferry Road, meaning it is likely one of the more valuable properties on the block. Its year built (top 20%) confirms it is significantly newer than most neighbours.

4. What is the neighbourhood like?
King Edward is a mature, central neighbourhood. The mix of older homes and newer infill builds like this one suggests an area in transition, which can offer both character and potential for future value growth.

5. Who might this property not suit?
It may not be ideal for buyers seeking a large yard, extensive square footage, or a home significantly below the average assessed value for the area. It’s geared toward those who value modern construction and efficiency over sheer space.

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