305 Ferry Road

King Edward, Winnipeg

60.0

Fair

Overall 60.0

Larger and newer than most nearby homes

1,170 sqft (top 16%)

Built in 1975 (27 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: 10 dining spots, 1 healthcare facility, 2 shops, and 5 parks nearby

Living Area

Above average

23% larger than neighborhood avg.

Year Built

Above average

27 yrs newer than neighborhood avg.

Mother tongue

English · 69%Tagalog · 15%

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

60.0 is composed by the two sections below.

Property Score

55.4Fair
Living Area1,170 sqft60Fair
Year Built197558Fair
Lot Size2,697 sqft28Low
Neighbourhood Sales Activity71Good

Community Score

66.9Good
Household Income70Good
Education Level54Fair
Housing Stress52Fair
Core Housing Need76Good
Employment Health83Excellent

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: #46110251

Community deep dive

$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

Population, labour & age

Population (2021)621
Labour force participation rate75%
Median age36.8
Avg household size2.2
Unemployment rate7%
Population density3450 / km²

Households & income

Low income (LIM-AT, % pop.)14%
Single-person households37%
Couple families with children19%
Median household income (2020)$68K

Housing

Renter households29%
Condominium dwellings0%
Median dwelling value (owners)$248K

Diversity, education & language

Immigrants (share of pop.)29%
Visible minority45%
Bachelor's or higher (25–64)28%
Mother tongue (1st)English · 69%
Mother tongue (2nd)Tagalog · 14%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

above average
1,170 sqft
0255075100
Same streetTop 17%Same areaTop 16%CitywideBottom 47%
Same street · Ferry Road
#41 / 247
Top 17% · Avg 955 sqft
Same area · King Edward
#377 / 2,385
Top 16% · Avg 952 sqft
Citywide · Winnipeg
#103,011 / 194,458
Bottom 47% · Avg 1,342 sqft

Tax-Assessed Value

above average
310k
0255075100
Same streetTop 27%Same areaTop 20%CitywideBottom 32%
Same street · Ferry Road
#66 / 247
Top 27% · Avg 266.1k
Same area · King Edward
#486 / 2,385
Top 20% · Avg 258.2k
Citywide · Winnipeg
#131,753 / 194,458
Bottom 32% · Avg 390.1k

Year Built

above average
1975
0255075100
Same streetTop 38%Same areaTop 25%CitywideTop 40%

Lot Size

around average
2,697 sqft
0255075100
Same streetBottom 47%Same areaBottom 24%CitywideBottom 7%

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

305 Ferry Road — 23 amenities found within 500 m, across 6 categories, including 10 dining (nearest 133 m), 1 healthcare (nearest 451 m), 2 shopping (nearest 128 m).

Search radius
🍽️Dining10
🏥Healthcare1
🛒Shopping2
🌳Parks5
Fuel Stations1
Worship4

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%

Waste Collection Schedule

Local garbage, recycling, and yard waste pickup schedule for 305 Ferry Road.

🗑️

Garbage

friday

♻️

Recycling

friday

🍂

Yard Waste

friday b

Sales History

Sold 4/2016CA$200k–250k
Sold price

Same street

Bottom 43%

Same area

Bottom 47%

City-wide

Bottom 20%

Related homes

Highlights & common questions: 305 Ferry Road, Winnipeg

Property Summary: 305 Ferry Road, Winnipeg

Section 1: Key Characteristics & Appeal

This two-storey home on Ferry Road in the King Edward neighbourhood presents a practical and well-positioned offering. Its key characteristics include a renovated basement, a detached garage, and 1,170 sqft of living space—a size that ranks above average for both the immediate street and the broader neighbourhood. Built in 1975, it is a relatively newer home in a city and area with many older properties, which can mean fewer concerns about aging core systems.

The appeal lies in its strong positional value. The data shows it outperforms most comparable homes on Ferry Road and in King Edward for both living area and assessed value, suggesting a good balance of space and investment for the location. While the land size is more modest compared to city-wide averages, this is typical for established neighbourhoods and translates to less exterior maintenance. The renovated basement adds immediate functional living space without the need for a project.

This property would suit first-time buyers or downsizers seeking a move-in-ready home in a central neighbourhood without the premium price of a new build. It’s also a sensible fit for value-oriented buyers who appreciate a home that metrics show is competitively sized and valued within its immediate community, even if it’s not the largest lot on the city scale.

Section 2: Frequently Asked Questions

1. How does this home’s value compare to others nearby?
The home’s assessed value of $310,000 ranks in the top 27% on Ferry Road and the top 20% in the King Edward neighbourhood, indicating it is valued higher than many comparable properties in the immediate area.

2. Is the living space larger or smaller than typical?
At 1,170 sqft, the living area is above the average for both Ferry Road (~955 sqft) and the King Edward neighbourhood (~952 sqft). City-wide, it is closer to the average.

3. What does the sold price history indicate?
Public records show a sale in April 2016 in the $225,000 - $255,000 range. For a precise sale price, you can request the exact history via email from the listing source.

4. How does the lot size compare?
The 2,697 sqft lot is around average for Ferry Road but below the average lot size for both the King Edward neighbourhood and Winnipeg as a whole. This is common for inner-city areas and generally means less yard upkeep.

5. The home was built in 1975. Is that considered old?
For Winnipeg, a 1975 build is around the city-wide average. In the King Edward neighbourhood, where many homes are much older, it ranks above average (top 25%), making it a relatively newer construction in that context.

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