42.2
Below average
Property score
42.2
Below average
Overall 42.2
Smaller than most nearby homes
775 sqft (bottom 26%)
Built in 1918 (30 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: 11 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
19% smaller than neighborhood avg.
Year Built
Near average
30 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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42.2 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
276 Marjorie Street — 28 amenities found within 500 m, across 6 categories, including 11 dining (nearest 318 m), 1 healthcare (nearest 265 m), 4 shopping (nearest 305 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 43% | Bottom 47% | Bottom 20% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 16% | Bottom 21% | Bottom 8% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
276 Marjorie Street is a compact, one-storey home built in 1918, situated on a standard-sized lot in Winnipeg's King Edward neighbourhood. Its key appeal lies in its position as an accessible entry point into the housing market. With a living area of 775 sqft, it is notably smaller than both local and city-wide averages, and its assessed value is significantly below the city's typical home. The basement exists but is not renovated, and the property does not include a garage or pool.
This home would suit a specific type of buyer: first-time purchasers or investors looking for a low-cost acquisition with minimal initial financial outlay. Its below-average price and taxes make it a practical option for those prioritizing budget and location over space and modern finishes. The property presents a straightforward value proposition—it’s a basic, no-frills home in an established area, ideal for someone comfortable with a smaller footprint or viewing it as a long-term hold or renovation project over time.
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 lack of recent renovations compared to the broader Winnipeg market, which includes many larger, newer, or updated properties. It is more in line with averages within its immediate neighbourhood.
2. What does "below average" for living area mean for daily life?
With 775 sqft, the home offers compact living. It will likely have fewer or smaller rooms than many modern homes, requiring efficient use of space. This can mean lower utility costs and less maintenance, but may not suit those needing multiple bedrooms or dedicated workspace.
3. The home sold recently in 2024 and 2017. What does that indicate?
The relatively recent sales suggest it is a property that trades on its fundamental affordability and location rather than as a long-term family holding. This can indicate a market of entry-level buyers and investors.
4. Is the unrenovated basement a major concern?
It depends on your plans. It means the space is likely in original condition, which could present moisture issues or require significant work to finish. However, it also provides bare-bones storage or utility space and represents a clear opportunity for a future buyer to add value according to their own needs and budget.
5. How should I interpret the "rankings" compared to the street, area, and city?
The rankings show the home is more typical within its own King Edward neighbourhood than it is city-wide. While its size and value are below average for all of Winnipeg, they are closer to the norm on its own street. This highlights the importance of evaluating a property within its immediate local context, not just the broader market.
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