292 Ferry Road

King Edward, Winnipeg

Property score

46.7

Below average

Overall 46.7 · Compared with neighbourhood average

841 sqft (bottom 37%) · Built in 1918 (30 yrs older than avg)

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

Transit 86.0 · 2-min walk to transit with 4 nearby routes · Within 500m: 12 dining spots, 3 shops, 5 parks, and 1 fuel station nearby

Living Area

Below average

12% smaller than neighborhood avg.

Year Built

Near average

30 yrs older 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

46.7 is composed by the two sections below.

Property Score

28.7Low
Living Area841 sqft32Low
Year Built191816Low
Lot Size2,488 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

around average
841 sqft
0255075100
Same streetBottom 36%Same areaBottom 37%CitywideBottom 12%
Same street · Ferry Road
#158 / 247
Bottom 36% · Avg 955 sqft
Same area · King Edward
#1,504 / 2,385
Bottom 37% · Avg 952 sqft
Citywide · Winnipeg
#170,856 / 194,458
Bottom 12% · Avg 1,342 sqft

Tax-Assessed Value

below average
207k
0255075100
Same streetBottom 26%Same areaBottom 28%CitywideBottom 9%
Same street · Ferry Road
#183 / 247
Bottom 26% · Avg 266.1k
Same area · King Edward
#1,715 / 2,385
Bottom 28% · Avg 258.2k
Citywide · Winnipeg
#176,560 / 194,458
Bottom 9% · Avg 390.1k

Year Built

around average
1918
0255075100
Same streetBottom 37%Same areaBottom 44%CitywideBottom 12%

Lot Size

below average
2,488 sqft
0255075100
Same streetBottom 23%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

292 Ferry Road — 24 amenities found within 500 m, across 5 categories, including 12 dining (nearest 180 m), 3 shopping (nearest 146 m), 5 parks (nearest 39 m).

Search radius
🍽️Dining12
🛒Shopping3
🌳Parks5
Fuel Stations1
Worship3

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 7/2020CA$100k–150k
Sold price

Same street

Bottom 5%

Same area

Bottom 6%

City-wide

Bottom 3%

Related homes

Highlights & common questions: 292 Ferry Road, Winnipeg

Property Overview & Key Characteristics

This one-storey home at 292 Ferry Road is a classic, compact property built in 1918. With 841 square feet of living space and a detached garage, it sits on a modest 2,488 sqft lot. Its assessed value is notably below average for Winnipeg, reflecting its size, age, and the fact the basement is not renovated.

The primary appeal lies in its position as an affordable entry point into the King Edward neighbourhood. It suits first-time homebuyers, investors, or downsizers seeking a lower-maintenance footprint without a major renovation project. A thoughtful perspective is that while the home is smaller and older than city averages, it is actually quite typical for its specific street and area, offering a genuine, unpretentious character home. The below-average costs for taxes and upkeep could free up budget for personalization over time.

Frequently Asked Questions

1. Is the basement finished or usable?
No, the listing specifies the basement is "not renovated." Buyers should budget for potential upgrades if finished living or storage space is needed.

2. How does the property's value compare to the area?
Its assessed value is below the average for King Edward and significantly below the Winnipeg city average, which is reflected in its ranking in the bottom ~30% locally.

3. What is the lot size, and are there expansion possibilities?
The lot is 2,488 sqft, which is smaller than most in the area. Any expansion or addition would require careful planning due to space constraints and should be verified with the city for zoning compliance.

4. The home sold in 2020; is that price relevant today?
The 2020 sale price provides historical context, but market conditions have changed. It's best used as a reference point alongside a current professional appraisal and recent comparable sales.

5. What are the immediate neighbours like?
The listing shows several nearby properties on Ferry Road are very close (8-23 meters away), suggesting a typical, closely-built streetscape for the area. Reviewing the nearby "reference" properties can give a sense of the architectural style and scale of homes in the immediate block.

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