38.8
Below average
Property score
38.8
Below average
Overall 38.8
Smaller than most nearby homes
680 sqft (bottom 10%)
Built in 1918 (30 yrs older than avg)
Located in a above-average income area
with median household income of ~67.5k
Transit 94.0
2-min walk to transit with 4 nearby routes
Within 500m: 5 dining spots, 1 healthcare facility, 2 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
29% smaller than neighborhood avg.
Year Built
Near average
30 yrs older than neighborhood avg.
Mother tongue
English · 69%Tagalog · 15%
Past 10 years King Edward sales snapshot (~80% of all data)
1,128
356.6k
$349/sqft
1948
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38.8 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: #46110251
$68K
Median household income
$88K
Average household income
14%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.7
P90 / P10 ratio
37%
Single-person households
19%
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
319 Ferry Road — 17 amenities found within 500 m, across 6 categories, including 5 dining (nearest 82 m), 1 healthcare (nearest 438 m), 2 shopping (nearest 84 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 319 Ferry Road.
Garbage
friday
Recycling
friday
Yard Waste
friday b
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 33% | Bottom 38% | Bottom 16% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 319 Ferry Road, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home on Ferry Road in King Edward is a compact, historically grounded property built in 1918. Its key characteristic is its modest scale, with 680 sqft of living space and a recently renovated basement, sitting on a roughly 2,700 sqft lot. The appeal lies in its affordability and efficiency, underscored by a low municipal assessed value. It represents a straightforward entry point into the Winnipeg market, particularly for those who prioritize financial accessibility over square footage.
The home would suit first-time buyers, downsizers, or pragmatic investors seeking a low-cost holding with renovation potential. Its smaller size and lot offer manageable upkeep and lower utility costs. A less obvious perspective is that its age and established neighbourhood location may offer a sense of character and stability not found in newer, more peripheral subdivisions, despite the home itself being below average in size and value for the city.
Section 2: Frequently Asked Questions
1. What does the "renovated basement" entail?
The listing confirms the basement is renovated, but specifics on finish quality, ceiling height, legal compliance, or moisture control are not provided. This would be a key area for inspection and inquiry.
2. Why is the assessed value so much lower than recent sale prices?
Municipal assessed values for taxation often lag behind market sale prices. The home's assessed value is approximately $18,700, but it sold in late 2023 for an estimated $20,500–$23,500, indicating market value is higher.
3. How does the smaller lot size impact potential use?
At 2,696 sqft, the lot is below the neighbourhood and city averages. This limits potential for large additions, detached structures, or extensive landscaping, but simplifies maintenance.
4. What are the implications of the home's age (1918)?
While the structure is over a century old, the systems (roof, wiring, plumbing, insulation) and their updates are the critical factors. Its age suggests potential for charm but also underscores the need for a thorough inspection.
5. How does parking work with no garage?
The property has no garage. Parking is likely on-street or via a driveway if one exists, which is not specified. Confirming reliable, convenient parking is essential.
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