58.6
Fair
Property score
58.6
Fair
Overall 58.6
Newer than most nearby homes
935 sqft (top 43%)
Built in 2021 (73 yrs newer than avg)
Located in a above-average income area
with median household income of ~67.5k
Transit 86.0
2-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
Near average
2% smaller than neighborhood avg.
Year Built
Above average
73 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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58.6 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
303 Ferry Road — 24 amenities found within 500 m, across 6 categories, including 11 dining (nearest 140 m), 1 healthcare (nearest 454 m), 2 shopping (nearest 135 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 303 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 15% | Top 10% | Top 44% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 303 Ferry Road, Winnipeg
Key Characteristics & Appeal
This bi-level home at 303 Ferry Road in the King Edward neighbourhood is a modern offering in an area of primarily older homes. Built in 2021, its key characteristic is its new construction, placing it in the top 3% of homes in the neighbourhood for age. With 935 sqft of living space and a renovated basement, it offers a low-maintenance, move-in-ready footprint. The property includes a detached garage.
Its appeal lies in its statistical standout: a significantly above-average assessed value for both its street and neighbourhood, suggesting it is perceived as a higher-quality asset in its immediate context. This presents a unique proposition—a newer home with modern systems and finishes within a well-established community. The lot is modest, especially compared to the city-wide average, which translates to less yard upkeep.
This home would suit a first-time buyer or downsizer seeking a modern, efficient property without the concerns of an older home’s upkeep. It’s also a pragmatic choice for an investor looking for a newer rental property in a central Winnipeg neighbourhood, likely appealing to tenants wanting updated amenities.
Frequently Asked Questions
1. Why is the assessed value so much higher than neighbouring older homes?
The assessment reflects the property's new construction (2021), which includes modern building materials, systems, and a renovated basement, all contributing to a higher valuation than the neighbourhood's older housing stock.
2. Is the living space sufficient for a family?
At 935 sqft, the living area is average for King Edward but below the city-wide average. It is a efficient layout best suited for individuals, couples, or small families. The renovated basement provides additional flexible space.
3. What are the implications of the smaller lot size?
The land area is below average for the neighbourhood and city. This means lower maintenance and less outdoor work, but also limited space for expansions, large gardens, or extensive outdoor recreation.
4. How does the recent sale history inform the current value?
The home sold in 2021 in the $33.5k-$36.5k range. Its current assessed value of $35.60k aligns with that sale, indicating stable value retention in its market segment.
5. What is the neighbourhood context for a home this new?
King Edward is characterized by homes averaging 60+ years older. This property offers a rare, modern living experience in a mature neighbourhood, potentially offering the best of both worlds: new-home convenience within an established community fabric.
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