Property score
55.5
Fair
Overall 55.5 · Newer than most nearby homes
828 sqft (bottom 35%) · Built in 2008 (60 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: 5 dining spots, 1 healthcare facility, 2 shops, and 6 parks nearby
Living Area
Below average
13% smaller than neighborhood avg.
Year Built
Above average
60 yrs newer than neighborhood avg.
Mother tongue
English · 85%Tagalog · 4%
Past 10 years King Edward sales snapshot (~80% of all data)
1,128
356.6k
$349/sqft
1948
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55.5 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: #46110252
$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
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
306 Ferry Road — 18 amenities found within 500 m, across 6 categories, including 5 dining (nearest 134 m), 1 healthcare (nearest 493 m), 2 shopping (nearest 93 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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 29% | Top 26% | Bottom 37% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 306 Ferry Road, Winnipeg
Section 1: Key Characteristics & Appeal
This bi-level home at 306 Ferry Road presents a practical and modern option within Winnipeg's King Edward neighbourhood. Its key characteristic is being a relatively newer build (2008) in an area with many older homes, offering updated systems and less immediate concern for major age-related repairs. The living space (828 sq. ft.) is compact and efficient, with a renovated basement adding functional area. The lot is smaller than typical for the city, which translates to lower maintenance.
The appeal lies in its balance of modernity and affordability. It suits first-time buyers seeking a manageable entry into homeownership, or investors looking for a modern, low-maintenance rental property. For those who value their time over yard work, the smaller lot is a feature, not a drawback. It’s a home that offers "right-sizing"—enough space for essentials without the burden or cost of excess square footage or land. While not standout in size, its above-average age for the area provides a grounded sense of durability and contemporary livability.
Section 2: Frequently Asked Questions
1. Is the smaller lot size a significant disadvantage?
Not necessarily. While below average in size for the street and city, it means less time and money spent on maintenance. It's ideal for buyers who prefer a simpler outdoor space or who prioritize interior condition and modern build over large gardens.
2. How does the 2008 build year impact this home?
Positively. It is a newer home compared to most in King Edward and Winnipeg overall. This typically suggests more modern construction standards, efficient heating/electrical systems, and potentially lower immediate repair costs than much older character homes.
3. Who would this property not suit?
It may not suit growing families needing more bedrooms or living space, or buyers who desire a large private yard, garage, or a home with historic character. The layout and size are geared toward efficient, simpler living.
4. The assessed value seems low. What does that indicate?
The assessed value is for municipal tax purposes and is not market value. Its "around average" ranking for the immediate area suggests the home is in line with neighbourhood norms, not an outlier. Market value is determined by recent sales, condition, and demand.
5. What is the significance of the renovated basement?
In a bi-level, the basement is a primary living area, not just storage. A renovated basement here effectively means the main living space is updated and move-in ready, adding significant value to the home's overall utility and comfort.
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