306 Amherst Street

King Edward, Winnipeg

Property score

51.4

Fair

Overall 51.4 · Compared with neighbourhood average

821 sqft (bottom 34%) · Built in 1941 (7 yrs older than avg)

Located in a above-average income area with median household income of ~75.5k

Transit 80.0 · 3-min walk to transit with 3 nearby routes · Within 500m: 7 dining spots, 3 shops, 11 parks, and 1 fuel station nearby

Living Area

Below average

14% smaller than neighborhood avg.

Year Built

Near average

7 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

51.4 is composed by the two sections below.

Property Score

36.6Low
Living Area821 sqft32Low
Year Built194124Low
Lot Size4,694 sqft60Fair
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

around average
821 sqft
0255075100
Same streetTop 37%Same areaBottom 34%CitywideBottom 10%
Same street · Amherst Street
#48 / 129
Top 37% · Avg 869 sqft
Same area · King Edward
#1,576 / 2,385
Bottom 34% · Avg 952 sqft
Citywide · Winnipeg
#174,119 / 194,458
Bottom 10% · Avg 1,342 sqft

Tax-Assessed Value

around average
265k
0255075100
Same streetBottom 49%Same areaTop 43%CitywideBottom 21%
Same street · Amherst Street
#66 / 129
Bottom 49% · Avg 267.7k
Same area · King Edward
#1,027 / 2,385
Top 43% · Avg 258.2k
Citywide · Winnipeg
#154,281 / 194,458
Bottom 21% · Avg 390.1k

Year Built

around average
1941
0255075100
Same streetTop 47%Same areaTop 50%CitywideBottom 20%

Lot Size

above average
4,694 sqft
0255075100
Same streetBottom 36%Same areaTop 27%CitywideBottom 37%

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

306 Amherst Street — 23 amenities found within 500 m, across 5 categories, including 7 dining (nearest 358 m), 3 shopping (nearest 272 m), 11 parks (nearest 127 m).

Search radius
🍽️Dining7
🛒Shopping3
🌳Parks11
Fuel Stations1
Worship1

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 8/2021CA$300k–350k
Sold price

Same street

Top 31%

Same area

Top 17%

City-wide

Bottom 47%

Related homes

Highlights & common questions: 306 Amherst Street, Winnipeg

Property Summary: 306 Amherst Street, Winnipeg

Key Characteristics & Appeal

This is a classic, one-storey home built in 1941, situated on a generous lot in the King Edward neighbourhood. With 821 sqft of living space, it is comfortably sized for the immediate area and typical for its era. The property features a detached garage and a full, unrenovated basement, presenting a clear opportunity for future expansion or customization.

Its primary appeal lies in its solid positioning within a well-established community. The lot size is notably above average for King Edward, offering more outdoor space than many neighbouring properties—a valuable asset for gardening, recreation, or future additions. While the home’s size and age are below Winnipeg’s city-wide averages, this translates to a correspondingly lower assessed value, positioning it as an accessible entry point into the housing market. The home suits first-time buyers or practical investors looking for a structurally sound property with "good bones" and the potential to add value through updates. It’s a home for someone who sees the benefit in a larger lot and a character property, and who views the unfinished basement not as a drawback, but as a blank canvas.

Frequently Asked Questions

1. How does the assessed value relate to the likely selling price?
The assessed value is for municipal tax purposes and is typically lower than market value. The last recorded sale in 2021 was in the $30.5k-$33.5k range, which is a more relevant recent benchmark, though market conditions have likely shifted since.

2. What does the "unrenovated basement" imply?
It means the basement is in original or functional condition but has not been modernized or finished as living space. Buyers should budget for potential updates and have it inspected for moisture, insulation, and foundational integrity.

3. Is the lot size a significant advantage?
Yes. The lot is over 4,600 sqft, which ranks in the top 27% for the King Edward area. This provides more private outdoor space than most local homes and could allow for additions like a larger garage, garden, or deck, subject to zoning.

4. How does this home compare to others on the street?
It is very typical for Amherst Street. Its living area, age, and assessed value are all around the average for the street, meaning it fits right into the neighbourhood’s character and scale.

5. What is the significance of the home’s rankings?
The rankings show how this property compares to peers. For example, while its living space is average for the street, it’s smaller than most Winnipeg homes. Conversely, its lot size is larger than most in King Edward. This highlights the trade-off: you get more land but a more modestly sized house for the city overall.

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.