Property score
47.8
Below average
Overall 47.8 · Smaller than most nearby homes
750 sqft (bottom 21%) · 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, 3 shops, 11 parks, and 1 fuel station nearby
Living Area
Below average
21% 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
298 Amherst Street — 24 amenities found within 500 m, across 5 categories, including 8 dining (nearest 371 m), 3 shopping (nearest 287 m), 11 parks (nearest 157 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 | Bottom 32% | Bottom 45% | Bottom 19% |
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 298 Amherst Street in Winnipeg's King Edward neighbourhood presents a straightforward, value-oriented opportunity. Built in 1941, it features 750 sqft of living space, a detached garage, and a full, unrenovated basement. Its key appeal lies in its proportionally large, above-average lot for the area (over 4,600 sqft) and a below-average assessed value, suggesting potential for the right buyer. The home suits first-time buyers seeking an entry point into the market, hands-on investors looking for a rental property with land value, or downsizers content with a modest footprint who value outdoor space over a large house. Its character is one of practicality rather than polish, offering a canvas for gradual improvement or a low-maintenance holding.
Frequently Asked Questions
1. How does this home's value compare to others?
The home's assessed value is below average for the street and significantly below the city-wide average, positioning it as an affordable option. This can indicate a property in need of updates but also represents a lower entry cost.
2. What is the significance of the lot size?
At over 4,600 sqft, the land area is notably larger than many lots in the King Edward neighbourhood. This is a standout feature, offering more outdoor space, potential for gardening, or future expansion like a shed or deck, which is uncommon for homes at this price point.
3. Who would be the ideal buyer for this property?
It's best suited for a practical, budget-conscious buyer. This includes a first-time homeowner willing to take on a project over time, an investor seeking a property with a stable land asset, or someone downsizing who prioritizes yard space over a large, modern interior.
4. What should I know about the basement?
The listing notes a full basement that is "not renovated." Buyers should budget for professional inspections to understand its current condition, potential for moisture, and the scope of work needed to make it a functional living or storage space.
5. How can I find out the exact historical sale prices?
The exact sold prices are not publicly displayed. You can request this detailed history directly via the email prompt on the listing page. The service provides the accurate figures manually and does not use contact information for marketing spam.
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