50.7
Fair
Property score
50.7
Fair
Overall 50.7
Older than most nearby homes
980 sqft (top 36%)
Built in 1914 (34 yrs older than avg)
Located in a above-average income area
with median household income of ~67.5k
Transit 80.0
3-min walk to transit with 3 nearby routes
Within 500m: 12 dining spots, 2 schools, 1 healthcare facility, and 4 shops nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Near average
3% larger than neighborhood avg.
Year Built
Below average
34 yrs older than neighborhood avg.
Mother tongue
English · 69%Tagalog · 15%
Past 10 years King Edward sales snapshot (~80% of all data)
1,128
356.6k
$349/sqft
1948
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50.7 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: #46110251
$68K
Median household income
$88K
Average household income
14%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.7
P90 / P10 ratio
37%
Single-person households
19%
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
283 Ferry Road — 32 amenities found within 500 m, across 7 categories, including 12 dining (nearest 212 m), 2 education (nearest 476 m), 1 healthcare (nearest 482 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 283 Ferry Road.
Garbage
friday
Recycling
friday
Yard Waste
friday b
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 30% | Bottom 33% | Bottom 13% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 283 Ferry Road, Winnipeg
Key Characteristics & Appeal
This is a classic, one-storey home built in 1914, offering a straightforward living space of 980 sqft on a generous 4,049 sqft lot in the King Edward neighbourhood. Its key appeal lies in its position as a modest, entry-level property with a solid lot size for the area. The home presents a clear value proposition: it is priced and assessed significantly below the Winnipeg city-wide average, making it one of the more accessible homeownership opportunities available. While the basement exists, it is noted as not being renovated, indicating potential for future improvement or simply functional storage space.
The property would suit first-time buyers or practical investors looking for a lower-barrier entry into the market, particularly those who value lot size over a large or modernized living area. Its assessed value is stable and typical for its immediate area, suggesting a predictable holding cost. A thoughtful perspective for a home of this era is the potential for character and sturdy construction that often comes with early 20th-century builds, balanced against the need for ongoing maintenance and updates. It’s a home that offers more outdoor space than many modern city lots, appealing to those with gardening ambitions or who simply want room to breathe.
Frequently Asked Questions
1. How does this home compare to others in the area?
Within the King Edward neighbourhood and on Ferry Road itself, this home is very typical. Its living area, land size, and assessed value all rank around the local average, meaning it is a representative example of the area's housing stock rather than an outlier.
2. What should I know about the basement?
The listing specifies the basement exists but is "not renovated." Buyers should budget for potential moisture management, insulation, or cosmetic updates if they plan to use it as living space, and are encouraged to inspect it thoroughly.
3. The home was built in 1914. What are the implications?
While offering classic charm, a 110+ year-old home will likely have older systems (like plumbing and electrical) and require diligent upkeep. Its assessed value reflects this age, but it also means there may be heritage character not found in newer builds.
4. How does the lot size benefit a buyer?
At over 4,000 sqft, the lot is larger than many in the immediate area and significantly larger than the city-wide average for a home at this price point. This provides valuable outdoor space, potential for additions (subject to zoning), and a sense of privacy.
5. The last recorded sale was in 2019. What does that indicate?
The sale six years ago suggests a period of stable ownership. For a buyer, this can mean the seller’s motivation may be a life change rather than a quick flip, potentially allowing for a more straightforward negotiation.
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