304 Ferry Road

King Edward, Winnipeg

Property score

51.9

Fair

Overall 51.9 · Smaller but newer than most nearby homes

720 sqft (bottom 16%) · Built in 2009 (61 yrs newer 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: 7 dining spots, 1 healthcare facility, 2 shops, and 6 parks nearby

Living Area

Below average

24% smaller than neighborhood avg.

Year Built

Above average

61 yrs newer 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

51.9 is composed by the two sections below.

Property Score

37.5Low
Living Area720 sqft22Low
Year Built200990Excellent
Lot Size2,485 sqft18Low
Neighbourhood Sales Activity71Good

Community Score

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

Neighbourhood Sales

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.

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.

Rankings

Living Area

below average
720 sqft
0255075100
Same streetBottom 18%Same areaBottom 16%CitywideBottom 5%
Same street · Ferry Road
#203 / 247
Bottom 18% · Avg 955 sqft
Same area · King Edward
#1,995 / 2,385
Bottom 16% · Avg 952 sqft
Citywide · Winnipeg
#184,672 / 194,458
Bottom 5% · Avg 1,342 sqft

Tax-Assessed Value

above average
303k
0255075100
Same streetTop 28%Same areaTop 23%CitywideBottom 30%
Same street · Ferry Road
#70 / 247
Top 28% · Avg 266.1k
Same area · King Edward
#553 / 2,385
Top 23% · Avg 258.2k
Citywide · Winnipeg
#135,931 / 194,458
Bottom 30% · Avg 390.1k

Year Built

above average
2009
0255075100
Same streetTop 24%Same areaTop 14%CitywideTop 12%

Lot Size

below average
2,485 sqft
0255075100
Same streetBottom 21%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

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

304 Ferry Road — 20 amenities found within 500 m, across 6 categories, including 7 dining (nearest 140 m), 1 healthcare (nearest 495 m), 2 shopping (nearest 100 m).

Search radius
🍽️Dining7
🏥Healthcare1
🛒Shopping2
🌳Parks6
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%

Sales History

Sold 7/2021CA$350k–400k
Sold price

Same street

Top 14%

Same area

Top 8%

City-wide

Top 40%

Related homes

Highlights & common questions: 304 Ferry Road, Winnipeg

Property Overview: 304 Ferry Road, Winnipeg

Section 1: Key Characteristics & Appeal

This bi-level home at 304 Ferry Road presents a practical and efficient living option in Winnipeg's King Edward neighbourhood. Its key characteristic is its modern age, built in 2009, making it notably newer than most homes on its street and across the city. This suggests potentially lower maintenance and updated building systems. The home features a renovated basement and a detached garage.

The appeal lies in its value proposition. While the living space (720 sq ft) and land size (2,485 sq ft) are compact, the property's assessed value ranks above average for its immediate area. This indicates you may be paying for a newer, well-situated structure rather than sheer square footage. It suits first-time buyers or investors seeking a modern, low-maintenance property without a premium price tag. It's also a fit for those who prioritize a newer home in an established neighbourhood over having a large yard or interior space.

A less obvious perspective is that its compact size and efficient layout could mean significantly lower utility and upkeep costs compared to older, larger homes. Its above-average assessment on a street of older homes could also signal stability and a slower pace of change in the immediate surroundings.

Section 2: Frequently Asked Questions

1. How does the size of this home compare to others?
At 720 sq ft, the living area is below the average for similar homes on Ferry Road, in the King Edward neighbourhood, and across Winnipeg. It is a compact, efficient layout.

2. Why is the assessed value considered above average for the area?
Despite its smaller size, the home was built in 2009. Its newer construction and modern amenities likely contribute to an assessed value that ranks in the top 23-28% compared to nearby properties, which are often much older.

3. What is the history of sales for this property?
Public records indicate a sale occurred in July 2021. For the exact historical sold price, you can request the information via email from the listing source.

4. How does the land size affect this property?
The lot is 2,485 sq ft, which is smaller than typical lots on the street and in the city. This means lower yard maintenance but also less outdoor private space.

5. What are comparable nearby properties like?
Nearby homes on Ferry Road vary. Direct neighbours include both older homes and one built in 2020. This mix creates a streetscape with a range of home ages and styles.

Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.