68.1
Good
Property score
68.1
Good
Overall 68.1
Larger and newer than most nearby homes
1,350 sqft (top 7%)
Built in 2023 (75 yrs newer 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 6 parks nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Above average
42% larger than neighborhood avg.
Year Built
Above average
75 yrs newer 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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68.1 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
311 Marjorie Street — 23 amenities found within 500 m, across 5 categories, including 8 dining (nearest 170 m), 1 healthcare (nearest 116 m), 3 shopping (nearest 411 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%
Local garbage, recycling, and yard waste pickup schedule for 311 Marjorie Street.
Garbage
friday
Recycling
friday
Yard Waste
friday b
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 1% | Bottom 1% | Bottom 1% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 311 Marjorie Street, Winnipeg
Key Characteristics & Appeal
This is a modern, two-storey home built in 2023, offering a move-in-ready opportunity in Winnipeg's King Edward neighbourhood. Its primary appeal lies in its new construction status and above-average interior space. With 1,350 sqft of living area, it ranks within the top 7% of homes in the local area for size, providing more room than most nearby properties. The home also features a renovated basement. A key, less obvious perspective is its financial standing: the assessed value of $46,500 is elite for both the street and the King Edward area (top 3%), yet it remains modest city-wide, suggesting a property that holds significant value within its immediate context without the premium of a more expensive district.
The trade-off for the modern interior and value is a smaller land footprint. The lot is 2,386 sqft, which is below average for the street, area, and city. This means lower outdoor maintenance but limited private yard space. The home has no garage or pool.
This property would best suit buyers prioritizing a modern, low-maintenance interior without needing a large yard. It’s ideal for first-time homeowners, small families, or professionals who want a newer build in an established neighbourhood and value interior space over land size. It also presents a compelling case for value-oriented investors or buyers looking for a property with strong assessed value metrics within its community.
Frequently Asked Questions
1. Is this a brand-new home?
It was built in 2023, so it is essentially new construction with only a few years of potential occupancy. All major systems and finishes are modern and likely under warranty.
2. Why is the assessed value so high for the area?
The assessed value of $46,500 ranks in the top 3% on Marjorie Street and top 2% in King Edward. This reflects the premium for a very new (2023) build with above-average living space compared to the older, often smaller homes that dominate the area's housing stock.
3. What are the drawbacks of a smaller lot?
The 2,386 sqft lot is below average. This means a more compact backyard, less potential for expansions like a large deck or addition, and possibly closer proximity to neighbours. The benefit is significantly less outdoor upkeep.
4. What does "renovated basement" mean?
The listing confirms the basement is renovated, but the specific finishes and layout are not detailed. It’s important to clarify whether it is a legal suite, a finished recreational space, or simply updated, and to verify permits if any structural work was done.
5. Where can I find the exact historical sale price?
The provided sold price history shows a range. To obtain the exact sale price from previous transactions, you must request it directly via the email tool on the listing page. The service is manual but provided without marketing spam.
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