284 Ferry Road

King Edward, Winnipeg

Property score

68.6

Good

Overall 68.6 · Larger and newer than most nearby homes

1,244 sqft (top 12%) · Built in 2017 (69 yrs newer than avg)

Located in a above-average income area with median household income of ~75.5k

Transit 86.0 · 3-min walk to transit with 4 nearby routes · Within 500m: 12 dining spots, 2 schools, 3 shops, and 5 parks nearby

Living Area

Above average

31% larger than neighborhood avg.

Year Built

Above average

69 yrs newer than neighborhood avg.

Mother tongue

English · 85%Tagalog · 4%

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

68.6 is composed by the two sections below.

Property Score

65.3Good
Living Area1,244 sqft66Good
Year Built201797Excellent
Lot Size2,490 sqft18Low
Neighbourhood Sales Activity71Good

Community Score

73.6Good
Household Income75Good
Education Level44Low
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health90Excellent

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: #46110252

Community deep dive

$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

Population, labour & age

Population (2021)503
Labour force participation rate76%
Median age38.4
Avg household size2.1
Unemployment rate5%
Population density3592 / km²

Households & income

Low income (LIM-AT, % pop.)13%
Single-person households36%
Couple families with children14%
Median household income (2020)$76K

Housing

Renter households15%
Condominium dwellings0%
Median dwelling value (owners)$250K

Diversity, education & language

Immigrants (share of pop.)9%
Visible minority12%
Bachelor's or higher (25–64)21%
Mother tongue (1st)English · 85%
Mother tongue (2nd)Tagalog · 4%

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

Rankings

Living Area

above average
1,244 sqft
0255075100
Same streetTop 12%Same areaTop 12%CitywideTop 46%
Same street · Ferry Road
#30 / 247
Top 12% · Avg 955 sqft
Same area · King Edward
#284 / 2,385
Top 12% · Avg 952 sqft
Citywide · Winnipeg
#89,786 / 194,458
Top 46% · Avg 1,342 sqft

Tax-Assessed Value

above average
354k
0255075100
Same streetTop 16%Same areaTop 9%CitywideBottom 48%
Same street · Ferry Road
#40 / 247
Top 16% · Avg 266.1k
Same area · King Edward
#207 / 2,385
Top 9% · Avg 258.2k
Citywide · Winnipeg
#101,844 / 194,458
Bottom 48% · Avg 390.1k

Year Built

Elite
2017
0255075100
Same streetTop 11%Same areaTop 6%CitywideTop 5%

Lot Size

below average
2,490 sqft
0255075100
Same streetBottom 24%Same areaBottom 11%CitywideBottom 4%

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

284 Ferry Road — 29 amenities found within 500 m, across 6 categories, including 12 dining (nearest 207 m), 2 education (nearest 490 m), 3 shopping (nearest 177 m).

Search radius
🍽️Dining12
🏫Education2
🛒Shopping3
🌳Parks5
Fuel Stations2
Worship5

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 7/2017CA$250k–300k
Sold price

Same street

Top 37%

Same area

Top 32%

City-wide

Bottom 32%

Related homes

Highlights & common questions: 284 Ferry Road, Winnipeg

Property Overview

284 Ferry Road is a modern two-storey home in Winnipeg's King Edward neighbourhood. Built in 2017, it stands out in an area with many older homes, offering move-in readiness with a renovated basement. Its key appeal is a combination of contemporary construction and above-average space for its immediate locale, though it sits on a smaller, more urban lot.

Key Characteristics & Appeal

This home’s primary strength is its modern age and efficient use of space. With 1,244 sqft of living area, it ranks in the top 12% for size both on its street and in the wider King Edward area, appealing to those who want more interior room without the upkeep of a century-old property. The renovated basement adds functional living space. Its assessed value is also above average for the neighbourhood, suggesting a solid perceived worth.

The property suits first-time buyers or small families looking for a low-maintenance, newer build in a central neighbourhood. It’s less suited for buyers prioritizing a large private yard, as the land area is notably smaller than most area lots. A thoughtful perspective is that this home represents a trade-off: you gain a modern structure and interior space, but sacrifice the larger lot size typical of the area. This makes it a pragmatic choice for urban living rather than a sprawling retreat.


Frequently Asked Questions

1. How does the smaller lot size impact the property?
The land area is compact at 2,490 sqft, which is below average for the street, neighbourhood, and city. This means smaller outdoor private space but potentially less yard maintenance.

2. Is the above-average assessed value a concern for property taxes?
A higher assessed value than area averages can influence property tax calculations. It’s advisable to research current tax rates for the specific address to understand the annual cost.

3. What does the "renovated basement" include?
The listing confirms a renovated basement but does not specify the finish or permitted uses (e.g., legal suite, recreational room). Further details on the renovation scope and permits should be requested.

4. How does the 2017 build year compare to nearby homes?
This is a very new home for the area. On Ferry Road, it ranks in the top 11% by age, and citywide, in the top 5%. This typically suggests modern building standards, materials, and systems.

5. Are there recent comparable sales to gauge value?
The provided data shows a sale in July 2017 for approximately $26.5k–$29.5k. For a current market valuation, researching sales of similar nearby homes built in the last 10-15 years would be more relevant.

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