Property score
58.6
Fair
Overall 58.6 · Larger than most nearby homes
1,079 sqft (top 24%) · Built in 1941 (7 yrs older than avg)
Located in a above-average income area with median household income of ~75.5k
Transit 80.0 · 4-min walk to transit with 3 nearby routes · Within 500m: 8 dining spots, 3 schools, 3 shops, and 10 parks nearby
Living Area
Above average
13% larger than neighborhood avg.
Year Built
Near average
7 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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58.6 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
282 Amherst Street — 26 amenities found within 500 m, across 6 categories, including 8 dining (nearest 341 m), 3 education (nearest 453 m), 3 shopping (nearest 323 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 45% | Top 39% | Bottom 27% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 282 Amherst Street
Key Characteristics & Appeal
This one-storey home on Amherst Street in Winnipeg's King Edward neighbourhood presents a practical opportunity. Built in 1941, it sits on a notably generous lot for the area (over 4,600 sq ft), offering above-average outdoor space compared to local peers. The 1,079 sq ft living area is comfortably sized for the street and neighbourhood, ranking in the top quarter of comparable homes. It features a detached garage and an unrenovated basement, indicating a property with solid fundamentals but room for personalization.
The appeal lies in its strong positional value within its immediate context. The home's assessed value ranks highly for both Amherst Street and the broader King Edward area, suggesting it is a well-regarded property in its local market. This makes it a sensible choice for a value-conscious buyer—perhaps a first-time homeowner, an investor, or a downsizer—who prioritizes a good lot size in an established neighbourhood over a move-in-ready finish. It’s a property that suits someone comfortable with a project, where the value is in the land and the structure's potential rather than in recent upgrades.
Frequently Asked Questions
1. What does the assessed value ranking actually mean?
The rankings show this home’s assessed value is in the top 25% for the King Edward neighbourhood, meaning it is valued higher than most comparable homes nearby. This often reflects a combination of its larger lot and living area relative to area norms.
2. Is the unrenovated basement a major concern?
It indicates the lower level is in original or functional condition, not modernized. This isn’t inherently a problem, but it should be factored into inspection and budgeting. It represents both a current cost-saving on taxes (as finished areas can increase assessment) and future potential.
3. How does the lot size compare to a typical Winnipeg property?
While the lot is above average for King Edward, it is closer to the city-wide average. This highlights a key point: lot sizes in older, central neighbourhoods are often smaller. Here, you’re getting a larger-than-usual parcel for this specific, well-established area.
4. The last sale was around 2017. What should I consider?
A sale eight years ago suggests the current sellers may have owned the property for a period. It’s wise to inquire about any updates or maintenance done during their ownership, as systems like roofing or plumbing may be due for attention given the home's age.
5. Who would this property not suit?
It likely isn’t the best fit for buyers seeking a turn-key, modern home without any immediate projects. The unrenovated basement and the age of the home imply that some updates or maintenance will be part of homeownership. It's better suited to those with a vision for gradual improvement.
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