40.4
Below average
Property score
40.4
Below average
Overall 40.4
Smaller and older than most nearby homes
785 sqft (bottom 27%)
Built in 1914 (34 yrs older than avg)
Located in a above-average income area
with median household income of ~80k
Transit 80.0
3-min walk to transit with 3 nearby routes
Within 500m: 8 dining spots, 1 healthcare facility, 3 shops, and 6 parks nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
18% smaller than neighborhood avg.
Year Built
Below average
34 yrs older than neighborhood avg.
Mother tongue
English · 73%Tagalog · 10%
Past 10 years King Edward sales snapshot (~80% of all data)
1,128
356.6k
$349/sqft
1948
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40.4 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: #46110242
$80K
Median household income
$77K
Average household income
12%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.1
P90 / P10 ratio
31%
Single-person households
21%
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 Marjorie Street — 23 amenities found within 500 m, across 5 categories, including 8 dining (nearest 195 m), 1 healthcare (nearest 140 m), 3 shopping (nearest 404 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 Marjorie Street.
Garbage
friday
Recycling
friday
Yard Waste
friday b
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 18% | Bottom 22% | Bottom 8% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 303 Marjorie Street, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home in King Edward presents a practical and affordable entry point into Winnipeg’s housing market. Its key characteristic is its compact, efficient size at 785 sqft, which places it below the average for the neighbourhood and city. This isn't necessarily a drawback; it translates to lower utility costs and less maintenance. The home’s assessed value of $230k is around average for Marjorie Street and King Edward, suggesting it is priced in line with its immediate community, though it sits below the citywide average.
The appeal lies in its renovated basement, adding valuable living space, and its location on a street where the property values are consistent and stable. The lot, while smaller than area averages at 2,389 sqft, is manageable. Built in 1914, the home carries classic character but will require a buyer comfortable with the upkeep of an older structure.
This property would best suit first-time buyers, downsizers, or pragmatic investors looking for a straightforward, no-frills home in an established neighbourhood. It’s for someone who values location and function over square footage, and who sees a renovated basement as a key asset for extra room or potential rental income. A thoughtful perspective is that its "below average" size and citywide value metrics may offer a shield from the most volatile market swings, representing a grounded, realistic purchase.
Section 2: Frequently Asked Questions
1. Is the renovated basement a legal suite?
The listing notes a renovated basement but does not specify it as a legal, rentable suite. Buyers should verify its compliance with local zoning and licensing regulations if considering rental income.
2. How does the 1914 build year affect the home?
While offering charm, a home of this age likely requires careful attention to foundational elements, wiring, plumbing, and insulation. A thorough inspection is essential to understand modern updates and ongoing maintenance needs.
3. The last sold price shows a wide range ($16.5k-$19.5k in 2017). Why is that?
This range is based on public data estimates. The extremely low figure suggests that prior sale may have been for a nominal value (like a transfer between family members) and does not reflect a traditional market transaction. Requesting the exact sold price history from the site is recommended for clarity.
4. What are the implications of the smaller lot size?
The 2,389 sqft lot is smaller than most in the area. This means lower exterior maintenance but also limited space for expansions, large decks, or extensive landscaping. It emphasizes efficient use of indoor and outdoor space.
5. There's no garage. What are the parking options?
The listing specifies no garage. Buyers should confirm on-site parking availability, such as a driveway or pad, and review any street parking regulations with the city.
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