Property score
43.1
Below average
Overall 43.1 · Smaller and older than most nearby homes
752 sqft (bottom 21%) · Built in 1914 (34 yrs older 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
21% smaller than neighborhood avg.
Year Built
Below average
34 yrs older than neighborhood avg.
Mother tongue
English · 85%Tagalog · 4%
Past 10 years King Edward sales snapshot (~80% of all data)
1,128
356.6k
$349/sqft
1948
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43.1 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: #46110252
$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
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
274 Ferry Road — 31 amenities found within 500 m, across 6 categories, including 12 dining (nearest 243 m), 3 education (nearest 453 m), 3 shopping (nearest 215 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 32% | Bottom 35% | Bottom 14% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 9% | Bottom 14% | Bottom 5% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 274 Ferry Road, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home in King Edward is a classic Winnipeg character property, built in 1914. Its primary appeal lies in its position as an accessible entry point into homeownership or a strategic investment opportunity. With a living area of 752 sqft and an assessed value significantly below city averages, it represents one of the most budget-conscious options on the market.
The appeal is grounded in practicality and potential. The house sits on a 2,492 sqft lot, which is modest but typical for the central neighbourhood. It features a basement (not renovated) and no garage. Recent sale history shows steady value increases, suggesting the area is active and the property holds its worth.
This home would best suit a first-time buyer comfortable with a smaller, older home that needs updates, or an investor looking for a straightforward rental property with a low entry cost. It also appeals to those prioritizing location and lot ownership over modern finishes or square footage. A less obvious perspective is its potential for someone seeking a minimalist footprint or a creative "blank canvas" project, where the historical charm provides a foundation for personalized renovation over time.
Section 2: Frequently Asked Questions
1. Why is the assessed value so much lower than the city-wide average?
The assessed value reflects the home's smaller size, age, and specific market conditions in the central King Edward neighbourhood, which generally features more modest, older homes compared to newer suburban areas.
2. What does "below average" in the rankings mean for a buyer?
While the home ranks below average in size, value, and land area compared to broader city metrics, it is much more typical for its immediate street and neighbourhood. This indicates you are purchasing a standard property for this specific, established community.
3. The home sold in 2022 and again in 2023. Is that a concern?
The quick resale could indicate an investor flip or a change in an owner's circumstances. The sold price increased between those two dates, which generally points to a strengthening market or value-added improvements, not a loss in desirability.
4. What are the implications of having a basement that is "not renovated"?
This means the basement is in original or functional condition, but not modernized. It provides valuable utility and storage space but should be inspected for moisture issues, insulation, and mechanical systems common in century-old homes.
5. How does the age of the home (1914) affect maintenance?
A 110-year-old home has character but requires a proactive maintenance mindset. Buyers should budget for potential updates to wiring, plumbing, and insulation, and prioritize a thorough inspection to understand the condition of the foundation, roof, and windows.
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