296 Ferry Road

King Edward, Winnipeg

Property score

46.7

Below average

Overall 46.7 · Compared with neighbourhood average

872 sqft (bottom 43%) · Built in 1918 (30 yrs older than avg)

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

Transit 94.0 · 2-min walk to transit with 4 nearby routes · Within 500m: 10 dining spots, 3 shops, 5 parks, and 1 fuel station nearby

Living Area

Near average

8% smaller than neighborhood avg.

Taon ng Paggawa

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 Area872 sqft32Low
Taon ng Paggawa191816Low
Lupa2,487 sqft18Low
Neighbourhood Sales Activity71Good

Community Score

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

Istatistika ng benta ng komunidad

King Edward

How to read: Share of sales in each ~$50k price band for “king edward” (Detached na bahay (hindi 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.

Mga ranggo

Living Area

karaniwan
872 sqft
0255075100
Same streetBottom 43%Same areaBottom 43%CitywideBottom 14%
Same street · Ferry Road
#140 / 247
Bottom 43% · Avg 955 sqft
Same area · King Edward
#1,369 / 2,385
Bottom 43% · Avg 952 sqft
Citywide · Winnipeg
#167,021 / 194,458
Bottom 14% · Avg 1,342 sqft

Assessed Value

mas mababa sa average
206k
0255075100
Same streetBottom 26%Same areaBottom 28%CitywideBottom 9%
Same street · Ferry Road
#184 / 247
Bottom 26% · Avg 266.1k
Same area · King Edward
#1,726 / 2,385
Bottom 28% · Avg 258.2k
Citywide · Winnipeg
#176,838 / 194,458
Bottom 9% · Avg 390.1k

Taon ng Paggawa

karaniwan
1918
0255075100
Same streetBottom 37%Same areaBottom 44%CitywideBottom 12%

Lupa

mas mababa sa average
2,487 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

Mga malapit na hinto, ruta at transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

296 Ferry Road — 22 amenities found within 500 m, across 5 categories, including 10 dining (nearest 166 m), 3 shopping (nearest 131 m), 5 parks (nearest 42 m).

Search radius
🍽️Dining10
🛒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%

Kasaysayan ng Benta

Naibenta 6/2022CA$250k–300k
Presyo ng benta

Parehong kalye

Top 46%

Parehong lugar

Top 39%

Buong lungsod

Bottom 27%
Naibenta 9/2020CA$150k–200k
Presyo ng benta

Parehong kalye

Bottom 25%

Parehong lugar

Bottom 28%

Buong lungsod

Bottom 10%

Related homes

Mga tampok at karaniwang tanong: 296 Ferry Road, Winnipeg

Property Overview: 296 Ferry Road, Winnipeg

Section 1: Key Characteristics & Appeal

This one-and-a-half storey home, built in 1918, presents a straightforward opportunity in Winnipeg's King Edward neighbourhood. Its key appeal lies in its position as an affordable entry point into the market. With a living area of 872 sqft, the home is modestly sized but comparable to others on its street and within the local area. The lot, while smaller than the city average, is typical for the neighbourhood.

The property suits first-time buyers, investors, or downsizers seeking a lower-cost option with potential. Its assessed value is consistently below average across all comparisons (street, area, and city-wide), indicating a financially accessible listing. The home has an unfinished basement, no garage, and no pool, positioning it as a basic canvas. A thoughtful perspective for the right buyer is the value of its location on a street with a clear mix of older homes and newer builds (like the 2020 construction next door at 308 Ferry Road), suggesting an area in a gradual state of renewal. The recent sale history shows steady appreciation, pointing to a stable, if unspectacular, investment in a mature community.

Section 2: Frequently Asked Questions

1. Is the basement finished?
No, the basement is noted as unfinished and not renovated, offering potential for future development or simple utility storage.

2. How does the property compare in size and value to its neighbours?
The home is very typical for Ferry Road and the King Edward area in terms of living space and age. Its assessed value, however, is below the average for both the immediate street and the wider neighbourhood, which is a key factor in its affordability.

3. What is the recent sale history?
The property sold in June 2022 for an estimated $24.5k-$27.5k and previously in September 2020 for an estimated $17.5k-$20.5k, indicating a pattern of steady value increase over the last few years.

4. What are the nearby properties like?
The immediate neighbours on Ferry Road are homes of a similar vintage and scale. Notably, a newer home (built 2020) is listed nearby at 308 Ferry Road, providing a direct contrast of old and new in the same location.

5. How can I find out the exact past sale prices?
The exact sold prices are not publicly displayed in this data. You can request the precise history by email through the listing service, which provides the figures manually without obligation.

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