44.9
Below average
Property score
44.9
Below average
Overall 44.9
Compared with neighbourhood average
846 sqft (bottom 38%)
Built in 1918 (30 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: 11 dining spots, 1 healthcare facility, 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
Below average
11% smaller than neighborhood avg.
Year Built
Near average
30 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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44.9 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
291 Ferry Road — 28 amenities found within 500 m, across 6 categories, including 11 dining (nearest 184 m), 1 healthcare (nearest 470 m), 3 shopping (nearest 177 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 291 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 9% | Bottom 14% | Bottom 5% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 291 Ferry Road, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home, built in 1918, presents a straightforward and affordable entry point into Winnipeg’s King Edward neighbourhood. With 846 sqft of living space and a full (unrenovated) basement, it offers the essential framework of a classic character home. Its assessed value is notably below averages for both the immediate area and the wider city, indicating a potentially lower entry cost and property tax burden.
The appeal lies in its position as a practical canvas. For buyers comfortable with a project, the unrenovated basement and the home’s vintage offer the opportunity to add value through updates tailored to personal taste. The lot size, while modest compared to newer suburban areas, is typical for the street and provides manageable outdoor space. This property suits first-time buyers seeking a foothold in a central neighbourhood, hands-on investors looking for a value-add opportunity, or downsizers wanting a simple, single-level layout without a premium price tag. A less obvious perspective is its potential as a "land-value play" in an area where newer infill construction (like the nearby 308 Ferry Road, built in 2020) is appearing, suggesting the underlying location holds enduring desirability.
Section 2: Frequently Asked Questions
1. What is the actual likely selling price?
The assessed value is approximately $20,600, but market price is determined by current conditions. The last recorded sale was between $145,000-$175,000 in late 2019. For the exact historical sold price, you can request the information directly via the provided email service.
2. What does "below average" for assessed value in the area mean?
It means this home’s official assessed value is lower than most comparable properties on Ferry Road and in the King Edward neighbourhood. This often reflects the home’s condition, size, and lack of recent updates compared to peers, not necessarily its market value.
3. Who would be responsible for future renovations or updates?
The buyer. The listing notes the basement is unrenovated, and the home’s age suggests various systems (plumbing, electrical, etc.) may require inspection and potential updating. Any modernization would be at the new owner's discretion and expense.
4. How does the lot size compare?
At 2,698 sqft, the lot is slightly smaller than the average for King Edward but very typical for Ferry Road itself. It offers a standard urban yard for the area—manageable for maintenance but with room for a patio or garden.
5. Are there any garage or parking facilities?
No. The listing specifies there is no garage. Parking would be dependent on street availability, which is common for homes of this era in central neighbourhoods.
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