305 Inglewood Street

King Edward, Winnipeg

41.4

Below average

Overall 41.4

Smaller and older than most nearby homes

692 sqft (bottom 11%)

Built in 1912 (36 yrs older 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, 2 shops, 6 parks, and 1 fuel station nearby

Living Area

Below average

27% smaller than neighborhood avg.

Year Built

Below average

36 yrs older 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

41.4 is composed by the two sections below.

Property Score

20.0Low
Living Area692 sqft15Low
Year Built191216Low
Lot Size2,689 sqft28Low
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
692 sqft
0255075100
Same streetBottom 12%Same areaBottom 11%CitywideBottom 3%
Same street · Inglewood Street
#152 / 173
Bottom 12% · Avg 922 sqft
Same area · King Edward
#2,114 / 2,385
Bottom 11% · Avg 952 sqft
Citywide · Winnipeg
#187,839 / 194,458
Bottom 3% · Avg 1,342 sqft

Tax-Assessed Value

around average
232k
0255075100
Same streetTop 49%Same areaBottom 39%CitywideBottom 13%
Same street · Inglewood Street
#85 / 173
Top 49% · Avg 243.4k
Same area · King Edward
#1,447 / 2,385
Bottom 39% · Avg 258.2k
Citywide · Winnipeg
#168,284 / 194,458
Bottom 13% · Avg 390.1k

Year Built

below average
1912
0255075100
Same streetBottom 17%Same areaBottom 10%CitywideBottom 8%

Lot Size

around average
2,689 sqft
0255075100
Same streetTop 43%Same areaBottom 22%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 Inglewood Street — 18 amenities found within 500 m, across 5 categories, including 7 dining (nearest 169 m), 2 shopping (nearest 112 m), 6 parks (nearest 38 m).

Search radius
🍽️Dining7
🛒Shopping2
🌳Parks6
Fuel Stations1
Worship2

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 11/2024CA$200k–250k
Sold price

Same street

Top 40%

Same area

Top 50%

City-wide

Bottom 21%
Sold 6/2022CA$250k–300k
Sold price

Same street

Top 29%

Same area

Top 37%

City-wide

Bottom 29%

Related homes

Highlights & common questions: 305 Inglewood Street, Winnipeg

Property Overview: 305 Inglewood Street

Section 1: Key Characteristics & Appeal

This is a compact, one-storey home built in 1912, situated on a standard-sized lot in Winnipeg's King Edward neighbourhood. Its key appeal lies in its position as an affordable entry point into homeownership. With a living area of 692 sqft, the home is notably smaller than most in the city, but its assessed value is proportionally modest, ranking around average for its immediate street and neighbourhood. This presents a specific value proposition: you are paying primarily for the land and location, with the existing structure offering basic shelter and significant renovation potential.

The home features a detached garage and an unrenovated basement. Its recent sale history suggests a stable, lower-price market segment. This property would suit a first-time buyer comfortable with a "fixer-upper" scenario, an investor looking for a rental property with a manageable entry cost, or someone seeking to minimize their footprint and mortgage burden. A less obvious perspective is its potential for a custom rebuild or significant expansion in the future, given that the land holds a substantial portion of the property's current value.

Section 2: Frequently Asked Questions

1. Is this a "tear-down" property?
Not necessarily. While the home is older and smaller than average, it is a functional dwelling. The decision to renovate, expand, or rebuild would depend entirely on the buyer's budget and vision for the property.

2. What does "unrenovated basement" typically imply?
It generally means the basement space is in its original, likely unfinished or minimally finished state. Buyers should budget for potential updates to meet modern standards for moisture control, insulation, and electrical systems if they plan to use the space.

3. How does the assessed value relate to the likely selling price?
The assessed value is for municipal tax purposes and is often lower than market value. Recent sold prices for this specific home (shown in a range) are a more direct indicator of its market value, though the final price is always determined by current market conditions.

4. Who might this property not suit?
It may not suit buyers looking for a move-in-ready home, those who need more space, or anyone uncomfortable with the ongoing maintenance and potential upgrade costs associated with a 114-year-old structure.

5. What are the advantages of a detached garage on a property like this?
A detached garage offers flexible space not just for vehicle storage, but potentially for a workshop, hobby area, or additional storage. It also provides more options for future landscaping or home expansion projects on the lot.

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