42.2
Below average
Property score
42.2
Below average
Overall 42.2
Smaller than most nearby homes
717 sqft (bottom 15%)
Built in 1918 (30 yrs older than avg)
Located in a above-average income area
with median household income of ~80k
Transit 80.0
3-min walk to transit with 3 nearby routes
Within 500m: 8 dining spots, 1 healthcare facility, 3 shops, and 5 parks nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
25% smaller than neighborhood avg.
Year Built
Near average
30 yrs older than neighborhood avg.
Mother tongue
English · 73%Tagalog · 10%
Past 10 years King Edward sales snapshot (~80% of all data)
1,128
356.6k
$349/sqft
1948
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42.2 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: #46110242
$80K
Median household income
$77K
Average household income
12%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.1
P90 / P10 ratio
31%
Single-person households
21%
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 Marjorie Street — 22 amenities found within 500 m, across 5 categories, including 8 dining (nearest 213 m), 1 healthcare (nearest 162 m), 3 shopping (nearest 368 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 | Bottom 34% | Bottom 37% | Bottom 15% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 25% | Bottom 27% | Bottom 10% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 306 Marjorie Street, Winnipeg
Key Characteristics, Appeal & Ideal Buyer
This is a compact, one-storey home built in 1918, situated on a standard-sized lot in the King Edward neighbourhood. Its key characteristic is its affordability, reflected in a below-average assessed value compared to the city and even its immediate area. The living space of 717 sq ft is modest, ranking smaller than most comparable homes locally. The basement exists but is noted as not renovated, and the property has no garage or pool.
The primary appeal lies in its position as a potential entry point into the housing market. It represents a lower barrier to entry for buyers comfortable with a smaller footprint and a home that may require updates. The lot size is average for the area, offering typical outdoor space for the neighbourhood. A thoughtful perspective is that this property isn't competing with modern, renovated homes; instead, it serves a specific niche for value-seeking buyers or investors looking for a straightforward rental property with a stable assessment history. It would best suit a first-time buyer willing to live modestly and possibly make gradual improvements, or an investor seeking a low-cost acquisition in a mature neighbourhood.
Frequently Asked Questions
1. Is the sold price history accurate?
The listed sold prices are estimated ranges based on public data. For the exact historical sale prices, you must request them directly via the provided email service.
2. What does "below average" for living area mean practically?
It means the home's interior space is smaller than most homes used for comparison. At 717 sq ft, daily living will be compact, and storage space may be limited, which is a key consideration for occupants with more belongings or a need for dedicated work/guest spaces.
3. The assessed value seems very low. Why?
The assessed value is for tax purposes and is consistently below average for the street, area, and city. This typically reflects the home's age, size, condition, and market position rather than an error, and often translates to relatively lower property taxes.
4. What should I know about the "not renovated" basement?
This indicates the basement is in original or functional condition but has not been modernized or finished as living space. It should be inspected for moisture, foundation integrity, and the state of mechanical systems (like the furnace), as updates may be needed.
5. How does the age of the home (1918) affect things?
While the age is around average for King Edward, a 108-year-old home will have character but likely requires careful attention to aging components. This includes potential updates to wiring, plumbing, insulation, and windows, which should be factored into any offer.
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