50.8
Fair
Property score
50.8
Fair
Overall 50.8
Smaller but newer than most nearby homes
760 sqft (bottom 23%)
Built in 1985 (37 yrs newer than avg)
Located in a above-average income area
with median household income of ~75.5k
Transit 94.0
1-min walk to transit with 4 nearby routes
Within 500m: 2 dining spots, 2 shops, 5 parks, and 2 place of worships nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
20% smaller than neighborhood avg.
Year Built
Above average
37 yrs newer 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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50.8 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: #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
325 Inglewood Street — 11 amenities found within 500 m, across 4 categories, including 2 dining (nearest 126 m), 2 shopping (nearest 43 m), 5 parks (nearest 113 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 | Top 31% | Top 39% | Bottom 28% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This 760 sqft bi-level home at 325 Inglewood Street in Winnipeg's King Edward neighbourhood presents a practical, low-maintenance living option. Built in 1985, it is notably newer than most homes on its street and in the wider area, which typically date to the early-to-mid 20th century. Its key feature is a renovated basement, adding functional living space. The lot is a manageable 2,523 sqft, smaller than many in the city but fairly typical for the immediate area. The home’s assessed value is strong for its local context, ranking above average on Inglewood Street itself.
The appeal lies in its modern foundation relative to its peers and its turn-key condition with the basement update. It suits first-time buyers seeking an affordable entry into the market, investors looking for a manageable rental property, or downsizers who want a compact, updated home without the upkeep of a larger lot or an older structure. A thoughtful perspective is that while the living space is below the city average, its newer build and renovations may translate to fewer immediate repair costs compared to much older, larger homes in its price range.
Frequently Asked Questions
1. How does the home’s size compare to others?
At 760 sqft of living area, this home is more compact than the average Winnipeg house. However, it is quite close to the average size for the King Edward neighbourhood (952 sqft), and the renovated basement effectively increases its usable space.
2. Is the assessed value a good indicator of the selling price?
The assessed value of $27,100 is a municipal calculation for tax purposes. Notably, it ranks above the street average. Recent sold price data from August 2020 for this property shows a range of $24.5k to $27.5k, suggesting the assessment is in line with recent market activity.
3. What are the advantages of a 1985 build in this area?
Most homes in King Edward and on Inglewood Street were built decades earlier, many before 1950. A 1985 build likely means more modern construction standards, wiring, plumbing, and insulation, which can mean greater energy efficiency and lower risk of major systemic issues common in century-old homes.
4. What is the parking situation?
The listing specifies there is no garage. Buyers should investigate on-street parking regulations or the potential to create a parking pad on the 2,523 sqft lot, as this is a common consideration for homes without dedicated garages in older neighbourhoods.
5. How does the lot size impact the property?
The land area is smaller than the Winnipeg average but near the average for Inglewood Street. This means lower maintenance for gardening and yard work—an advantage for those seeking simplicity—but may limit expansion possibilities or private outdoor space compared to larger lots.
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