274 Roseberry Street

King Edward, Winnipeg

Property score

42.0

Below average

Overall 42.0 · Smaller than most nearby homes

762 sqft (bottom 23%) · Built in 1918 (30 yrs older than avg)

Located in a above-average income area with median household income of ~76k

Transit 86.0 · 3-min walk to transit with 4 nearby routes · Within 500m: 13 dining spots, 1 school, 1 healthcare facility, and 4 shops nearby

Living Area

Below average

20% smaller than neighborhood avg.

Year Built

Near average

30 yrs older than neighborhood avg.

Mother tongue

English · 77%Tagalog · 10%

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

42.0 is composed by the two sections below.

Property Score

24.2Low
Living Area762 sqft22Low
Year Built191816Low
Lot Size2,708 sqft28Low
Neighbourhood Sales Activity71Good

Community Score

68.8Good
Household Income75Good
Education Level54Fair
Housing Stress74Good
Core Housing Need63Fair
Employment Health68Good

Neighbourhood Sales

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.

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: #46110241

Community deep dive

$76K

Median household income

$74K

Average household income

9%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.7

P90 / P10 ratio

30%

Single-person households

23%

Families with children

Population, labour & age

Population (2021)496
Labour force participation rate74%
Median age36.4
Avg household size2.3
Unemployment rate19%
Population density4509 / km²

Households & income

Low income (LIM-AT, % pop.)9%
Single-person households30%
Couple families with children23%
Median household income (2020)$76K

Housing

Renter households22%
Condominium dwellings0%
Median dwelling value (owners)$244K

Diversity, education & language

Immigrants (share of pop.)25%
Visible minority33%
Bachelor's or higher (25–64)28%
Mother tongue (1st)English · 76%
Mother tongue (2nd)Tagalog · 10%

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

Rankings

Living Area

below average
762 sqft
0255075100
Same streetBottom 15%Same areaBottom 23%CitywideBottom 7%
Same street · Roseberry Street
#248 / 293
Bottom 15% · Avg 963 sqft
Same area · King Edward
#1,831 / 2,385
Bottom 23% · Avg 952 sqft
Citywide · Winnipeg
#181,015 / 194,458
Bottom 7% · Avg 1,342 sqft

Tax-Assessed Value

below average
197k
0255075100
Same streetBottom 17%Same areaBottom 23%CitywideBottom 8%
Same street · Roseberry Street
#243 / 293
Bottom 17% · Avg 260.8k
Same area · King Edward
#1,835 / 2,385
Bottom 23% · Avg 258.2k
Citywide · Winnipeg
#179,272 / 194,458
Bottom 8% · Avg 390.1k

Year Built

around average
1918
0255075100
Same streetBottom 49%Same areaBottom 44%CitywideBottom 12%

Lot Size

below average
2,708 sqft
0255075100
Same streetBottom 8%Same areaBottom 29%CitywideBottom 7%

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

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

274 Roseberry Street — 31 amenities found within 500 m, across 7 categories, including 13 dining (nearest 246 m), 1 education (nearest 494 m), 1 healthcare (nearest 384 m).

Search radius
🍽️Dining13
🏫Education1
🏥Healthcare1
🛒Shopping4
🌳Parks4
Fuel Stations2
Worship6

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%

Sales History

Sold 6/2016CA$100k–150k
Sold price

Same street

Bottom 2%

Same area

Bottom 3%

City-wide

Bottom 2%

Related homes

Highlights & common questions: 274 Roseberry Street, Winnipeg

Property Overview: 274 Roseberry Street, Winnipeg

Section 1: Key Characteristics & Appeal

This is a compact, one-storey home built in 1918, situated on a modest lot in the King Edward neighbourhood. Its key characteristics are its affordability and straightforward footprint, with 762 sqft of living space and an unfinished basement offering potential. The home's assessed value is significantly below city-wide averages, positioning it as an entry-level opportunity.

The primary appeal lies in its value proposition for a specific buyer. It suits a first-time homebuyer, an investor looking for a rental property, or someone seeking a minimalist footprint without a large mortgage. Its smaller size can mean lower utility costs and less maintenance. A thoughtful perspective is that a home of this age and scale in a central area offers a chance to put down roots in the city without the premium price of a larger or renovated property, allowing the owner to build equity over time. It’s a practical choice over a long-term rental, but it requires a buyer comfortable with a home that is below average in size and condition for the area.

Section 2: Frequently Asked Questions

1. What is the actual likely selling price?
The assessed value is a municipal figure for tax purposes and is not a market price. The last recorded sale was in 2016 for a price between $10.5k and $13.5k. The current market value would be determined by recent neighbourhood sales, condition, and demand.

2. What should I budget for immediately?
Given the age of the home and the note that the basement is "not renovated," you should budget for essential systems updates (like plumbing or electrical) and consider moisture management in the basement. The roof and foundation should also be professionally inspected due to the home's age.

3. Is there potential to expand this home?
The lot is smaller than most in the area (2,708 sqft), which may limit possibilities for large additions or garages. Any expansion would likely need to focus on renovating and finishing the existing interior space and basement.

4. Who are the typical neighbours?
The nearby comparable properties range from similar century-old, smaller homes to newer builds (like those on Collegiate Street from 2011 and 2020). This suggests a neighbourhood in a state of gradual change, with a mix of long-term residents and newer infill developments.

5. Why is the city-wide average assessed value so much higher?
The $390k city-wide average includes all types of homes, including large, new suburban properties. This home's assessed value is more aligned with its specific peer group of smaller, older homes, highlighting its position as a more affordable option in the market.

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