58.5
Fair
Property score
58.5
Fair
Overall 58.5
Larger but older than most nearby homes
1,066 sqft (top 25%)
Built in 1913 (35 yrs older than avg)
Located in a above-average income area
with median household income of ~83k
Transit 86.0
2-min walk to transit with 4 nearby routes
Within 500m: 9 dining spots, 2 healthcare facilitys, 3 shops, and 5 parks nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Above average
12% larger than neighborhood avg.
Year Built
Below average
35 yrs older than neighborhood avg.
Mother tongue
English · 72%Tagalog · 9%
Past 10 years King Edward sales snapshot (~80% of all data)
1,128
356.6k
$349/sqft
1948
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58.5 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: #46110243
$83K
Median household income
$91K
Average household income
7%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.8
P90 / P10 ratio
26%
Single-person households
22%
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
278 Berry Street — 25 amenities found within 500 m, across 7 categories, including 9 dining (nearest 217 m), 2 healthcare (nearest 172 m), 3 shopping (nearest 354 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%
Local garbage, recycling, and yard waste pickup schedule for 278 Berry Street.
Garbage
friday
Recycling
friday
Yard Waste
friday b
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 42% | Top 28% | Bottom 36% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 40% | Top 45% | Bottom 24% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 278 Berry Street, Winnipeg
Key Characteristics & Appeal
This one-and-a-half storey home, built in 1913, presents a classic character home opportunity in Winnipeg's King Edward neighbourhood. With 1,066 sqft of living space and a detached garage, its key appeal lies in its solid, average positioning within its immediate area. The home's assessed value and living area are both around the average for Berry Street and the broader King Edward community, suggesting it fits comfortably within the local market context. The lot size of 4,285 sqft is typical for the neighbourhood.
The property suits buyers looking for an entry point into a stable, established area without paying a premium for above-average size or modern updates. It’s a pragmatic choice for those who value neighbourhood character over a new build and are comfortable with a home that has a functional, unrenovated basement. A thoughtful perspective is that its "average" metrics within a desirable area like King Edward can represent a lower-risk investment, as it is less likely to be overpriced compared to its peers. Its recent sale history indicates steady market activity.
Frequently Asked Questions
1. What does the "Top X%" ranking mean for the assessed value?
The rankings compare this home to others. For assessed value, it ranks in the top 33% on its street (meaning its value is higher than 33% of neighbours), but in the top 77% citywide (meaning its value is higher than 77% of Winnipeg homes). This highlights that property values in King Edward are generally stronger than the city average.
2. Is the basement finished?
No, the listing specifies the basement is "not renovated," indicating it is likely in an unfinished or utility state.
3. How does the lot size compare?
At 4,285 sqft, the lot is smaller than most on Berry Street but is around the average size for the King Edward neighbourhood overall, which is typical of older, inner-city communities.
4. What can recent sold prices tell me?
The provided sold price ranges from 2024 and 2017 show the home's value trajectory. Comparing these to the current assessed value of $27.5k can offer insight into market trends and potential value.
5. Why is the citywide average assessed value so much higher?
The citywide average of $390k includes all property types and newer suburban areas. This home's significantly lower assessed value is characteristic of older, compact character homes in established neighbourhoods, reflecting different market segments.
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