Property score
47.8
Below average
Overall 47.8 · Smaller than most nearby homes
790 sqft (bottom 28%) · Built in 1941 (7 yrs older than avg)
Located in a above-average income area with median household income of ~75.5k
Transit 80.0 · 3-min walk to transit with 3 nearby routes · Within 500m: 8 dining spots, 1 school, 3 shops, and 10 parks nearby
Living Area
Below average
17% smaller than neighborhood avg.
Year Built
Near average
7 yrs older than neighborhood avg.
Mother tongue
English · 85%Tagalog · 4%
Past 10 years King Edward sales snapshot (~80% of all data)
1,128
356.6k
$349/sqft
1948
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47.8 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: #46110252
$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
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
294 Amherst Street — 24 amenities found within 500 m, across 6 categories, including 8 dining (nearest 378 m), 1 education (nearest 498 m), 3 shopping (nearest 295 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 24% | Top 14% | Bottom 49% |
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 at 294 Amherst Street presents a practical opportunity in Winnipeg's King Edward neighbourhood. Its key appeal lies in a balance of a renovated basement, a detached garage, and a lot size that is notably above average for the immediate area. At 790 sqft, the living space is compact, ranking around the middle for Amherst Street but below the wider city average, indicating a home focused on essentials rather than spaciousness.
The property suits first-time buyers, downsizers, or investors looking for a solid, no-frills entry into the market. Its assessed value is strong for both the street and neighbourhood, suggesting it is well-regarded relative to its local peers. A thoughtful perspective is that this home offers the benefits of a mature, established area without the premium often attached to larger or newer homes, positioning it as a value-conscious choice. The above-average land area for King Edward also provides valuable outdoor space or future potential that is less common in the neighbourhood.
Frequently Asked Questions
How does the home's size compare to others?
At 790 sqft, the living area is around average for Amherst Street itself but is below the average size for both the broader King Edward neighbourhood and the city of Winnipeg. This indicates a more compact, efficient layout.
What does the assessed value tell us?
The assessed value of $29,500 ranks in the top 20-30% for both Amherst Street and the King Edward area, meaning it is considered above average compared to its closest peers. City-wide, however, it falls below average, reflecting the home's more modest size and the neighbourhood's overall affordability.
Is the lot size a significant feature?
Yes. The land area of 4,694 sqft ranks above average for the King Edward neighbourhood. This means the property offers more outdoor space than many nearby homes, which can be a notable advantage for privacy, gardening, or future projects.
What is the significance of the sold price history?
The home sold in March 2021 for between $31,500 and $34,500. This historical data provides a benchmark for its market value at that time, which was well above its assessed value, indicating strong buyer interest.
Who would this property best suit?
It is ideally suited for a pragmatic buyer—such as a first-time homeowner, an investor, or someone downsizing—who prioritizes a renovated basement, a detached garage, and a generous lot in a mature neighbourhood over having a large amount of interior living space.
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