Property score
55.0
Fair
Overall 55.0 · Compared with neighbourhood average
906 sqft (top 50%) · 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: 8 dining spots, 3 shops, 10 parks, and 1 fuel station nearby
Living Area
Near average
5% 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)
1,128
356.6k
$349/sqft
1948
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55.0 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
307 Amherst Street — 23 amenities found within 500 m, across 5 categories, including 8 dining (nearest 315 m), 3 shopping (nearest 231 m), 10 parks (nearest 143 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 13% | Bottom 30% | Bottom 12% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 307 Amherst Street, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home in the King Edward neighbourhood presents a practical opportunity. Built in 1941, its 906 sqft living area is notably spacious for both its immediate street and local area, ranking above average. A key feature is the generous 4,698 sqft lot, which is larger than most in King Edward, offering valuable outdoor space and potential. The home includes a renovated basement, adding functional living area.
Its primary appeal lies in its efficient use of space on a substantial lot within an established community. The assessed value positions it as a more accessible entry point into the Winnipeg market, especially when compared to the city-wide average for homes. This property would suit first-time buyers or downsizers looking for a manageable, single-level layout without compromising on yard size. It’s also a sensible fit for value-oriented investors or homeowners who see potential in the land itself and the already-updated basement, viewing the classic structure as a solid foundation for gradual modernization.
Section 2: Frequently Asked Questions
1. How does the home’s size compare to others nearby?
At 906 sqft, the living area is actually larger than the average home on Amherst Street and within the broader King Edward area, making it a relatively spacious option for the neighbourhood.
2. What is the significance of the lot size?
The lot of 4,698 sqft is a standout feature, ranking in the top 24% for the King Edward area. This means you get more outdoor space than most comparable properties, which is valuable for gardening, recreation, or future expansion.
3. The assessed value seems low compared to the city average. Why?
The assessed value is below the Winnipeg city-wide average, reflecting the home’s age, location, and the generally more affordable character of the King Edward area. This can represent a lower property tax burden and an entry point into the market.
4. Is the renovated basement a legal suite?
The listing notes a "renovated" basement but does not specify it as a legal secondary suite. Buyers should verify its current compliance with local regulations if considering rental income.
5. What can past sale prices tell me?
Public data shows a sale in 2016 for an estimated range. For exact historical sale prices, you can request the information directly via the provided email service on the listing page.
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