57.0
Fair
Property score
57.0
Fair
Overall 57.0
Larger but older than most nearby homes
1,369 sqft (top 6%)
Built in 1908 (40 yrs older than avg)
Located in a average-income area
with median household income of ~58.4k
Transit 88.0
2-min walk to transit with 3 nearby routes
Within 500m: 12 dining spots, 3 healthcare facilitys, 2 shops, and 7 parks nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Above average
44% larger than neighborhood avg.
Year Built
Below average
40 yrs older than neighborhood avg.
Mother tongue
English · 72%Tagalog · 8%
Past 10 years King Edward sales snapshot (~80% of all data)
1,128
356.6k
$349/sqft
1948
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
57.0 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: #46110244
$58K
Median household income
$66K
Average household income
15%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.1
P90 / P10 ratio
42%
Single-person households
10%
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
289 King Edward Street — 30 amenities found within 500 m, across 8 categories, including 12 dining (nearest 296 m), 3 healthcare (nearest 291 m), 2 shopping (nearest 259 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 | Top 36% | Top 32% | Bottom 33% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This one-storey home on King Edward Street presents a distinct opportunity within its neighborhood. Its key appeal lies in the combination of a generous, above-average lot size and solid living space for the area, housed within a classic 1908 structure. The home features a detached garage and a full, unrenovated basement, offering functional space and potential.
The property’s characteristics create a specific niche. It would suit a buyer who values a large outdoor space in a central neighborhood more than a modern, turn-key home. It’s a compelling prospect for an investor or a hands-on owner looking for a character home with a footprint that allows for expansion or landscaping, provided they are prepared for the maintenance and potential updates that come with an older property. The assessed value is notably modest compared to the city-wide average, which can translate to lower property taxes, a significant long-term consideration often overlooked.
Frequently Asked Questions
What does the "unrenovated basement" condition imply?
It typically means the basement is in original or functional condition, but not updated with modern finishes. It offers usable space and significant potential for customization, but a buyer should budget for any desired improvements or necessary upgrades.
How significant is the 1908 build date?
It places the home among the oldest in the area. This grants character and often sturdy construction, but it necessitates a thorough inspection for aging components like wiring, plumbing, and the foundation to understand future maintenance priorities.
The assessed value seems low compared to city averages. Is that an advantage?
Yes, in a key way: property taxes are based on assessed value. A lower assessment relative to your purchase price can mean proportionally lower annual tax bills, which is a tangible, long-term financial benefit.
How does the lot size compare practically?
At nearly 5,800 sqft, the lot is well above average for both the street and the broader King Edward area. This provides exceptional outdoor space for gardens, recreation, or additions that many newer infill properties in the city simply cannot offer.
What is the neighborhood context of these rankings?
The data shows the home’s living area is in the top tier for King Edward Street itself, indicating it’s a spaciously built home for this specific, historic streetscape. This suggests a better interior scale than many immediate neighbors, while the lot size is a standout feature for the entire district.
Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.
