Property score
38.2
Below average
Overall 38.2 · Smaller and older than most nearby homes
724 sqft (bottom 17%) · Built in 1912 (36 yrs older than avg)
Located in a average-income area with median household income of ~58.4k
Transit 88.0 · 1-min walk to transit with 3 nearby routes · Within 500m: 9 dining spots, 3 healthcare facilitys, 1 shop, and 7 parks nearby
Living Area
Below average
24% smaller than neighborhood avg.
Year Built
Below average
36 yrs older than neighborhood avg.
Mother tongue
English · 72%Tagalog · 8%
Past 10 years King Edward sales snapshot (~80% of all data)
1,128
356.6k
$349/sqft
1948
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38.2 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: #46110244
$58K
Median household income
$66K
Average household income
15%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.1
P90 / P10 ratio
42%
Single-person households
10%
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
309 King Edward Street — 26 amenities found within 500 m, across 8 categories, including 9 dining (nearest 259 m), 3 healthcare (nearest 269 m), 1 shopping (nearest 283 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%
309 King Edward Street: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 309 King Edward Street
Section 1: Key Characteristics & Appeal
This is a compact, one-storey home built in 1912, situated on a decent-sized lot in Winnipeg's King Edward neighborhood. Its key appeal lies in its position as an accessible entry point into homeownership. With a living area of 724 sq ft and an unrenovated basement, it is a smaller, no-frills property. The detached garage and a land area that is above average for the city are practical assets.
The home’s assessed value is notably below averages for the street, neighborhood, and city, indicating a potentially lower purchase price and property tax burden. This creates an opportunity for a buyer willing to invest sweat equity over time. It would best suit a first-time buyer, an investor looking for a straightforward rental, or someone seeking a minimalist footprint. Its age and condition suggest it is not a move-in-ready showhome, but a solid project base. A thoughtful perspective is that its smaller size and lower costs could offer financial flexibility and a simpler lifestyle, contrasting with the maintenance demands of larger, newer homes.
Section 2: Frequently Asked Questions
1. What does the "below average" ranking for living area really mean?
At 724 sq ft, the home's living space is smaller than most comparable properties in Winnipeg. This is a key factor in its lower assessed value and suggests a cozy, efficient layout rather than a spacious one.
2. How significant is the 1912 build date?
The age indicates classic construction but also means potential for older systems (like plumbing or wiring) and a need for updates. The unrenovated basement is consistent with a home of this vintage.
3. Is the land size a positive feature?
Yes. While the house is small, the lot is over 4,150 sq ft, which is above the citywide average. This provides valuable outdoor space and future potential, such as gardening or expansion, subject to zoning.
4. Who would this property not suit?
It would likely not suit buyers seeking a modern, turn-key home, those needing multiple bedrooms or ample living space, or anyone unable to handle gradual renovations or maintenance inherent to an older house.
5. How should I interpret the assessed value compared to market price?
The assessed value ($19,500) is for municipal tax purposes and is typically far below market value. A sale price will be determined by current market conditions, demand for the area, and the home's condition.
