66.9
Good
Property score
66.9
Good
Overall 66.9
Larger and newer than most nearby homes
1,178 sqft (top 15%)
Built in 2020 (72 yrs newer than avg)
Located in a above-average income area
with median household income of ~67.5k
Transit 86.0
3-min walk to transit with 4 nearby routes
Within 500m: 11 dining spots, 1 healthcare facility, 2 shops, and 5 parks nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Above average
24% larger than neighborhood avg.
Year Built
Above average
72 yrs newer 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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66.9 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
301 Ferry Road — 24 amenities found within 500 m, across 6 categories, including 11 dining (nearest 150 m), 1 healthcare (nearest 457 m), 2 shopping (nearest 144 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 301 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 | Top 11% | Top 6% | Top 35% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 301 Ferry Road, Winnipeg
Key Characteristics & Appeal
This 2020-built bi-level home at 301 Ferry Road in King Edward offers a rare combination of modern construction and established neighbourhood character. Its key appeal lies in being a like-new property without the typical premium of a brand-new subdivision. With 1,178 sqft of living space and a renovated basement, it provides functional, contemporary living on a solid 4,317 sqft lot.
The home’s standout feature is its exceptional assessed value of $470k, which places it in the top 1-2% of properties on its street and in the King Edward neighbourhood. This suggests a high-quality build and/or significant upgrades relative to the area, which is predominantly composed of much older homes. The detached garage adds practical utility. It’s a property that suits buyers looking for minimal immediate maintenance, modern layouts, and the stability of an older community, but who want to avoid a renovation project. It would particularly appeal to a professional or a small family prioritizing move-in readiness and energy efficiency in a central location.
A less obvious perspective is that this home represents a specific market niche: it’s a modern infill in a mature area. This means you benefit from newer systems and design, but your immediate streetscape and community amenities are long-established. The value ranking also indicates it may be priced at the upper limit for the immediate area, which is a factor for future resale consideration.
Frequently Asked Questions
1. Why is the assessed value so much higher than nearby homes?
The assessed value of $470k is elite for the area, largely because the home was built in 2020. Compared to the neighbourhood's average home age (circa 1948-1958), this property has modern construction, materials, and systems, which significantly increase its valuation.
2. What does the "Top X%" ranking for living area mean?
The 1,178 sqft living area is above average for King Edward (top 15%), meaning it offers more interior space than most homes in the neighbourhood. However, city-wide, it's around the median, indicating it's a reasonably sized but not exceptionally large home for Winnipeg overall.
3. Is the lot size typical?
At 4,317 sqft, the lot is slightly above average for Ferry Road and King Edward. It provides a decent outdoor space but is smaller than the city-wide average lot, which is common for central, established neighbourhoods.
4. The last sold price shown is from 2020. What is the property's likely current value?
The data shows a sale in the $375k-$405k range in August 2020, shortly after construction. The current $470k assessment reflects significant appreciation. For an accurate current market value, a comparative market analysis with a local realtor is essential, as the assessment is for taxation purposes and may not perfectly align with market price.
5. What are the pros and cons of a home that ranks "elite" in value for its street?
The primary pro is owning one of the newest and likely highest-quality homes in the immediate area. The potential con is that future market appreciation may be influenced by the slower-moving values of older surrounding properties, rather than just the new home premium.
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