326 Ferry Road

King Edward, Winnipeg

Property score

63.9

Fair

Overall 63.9 · Larger and newer than most nearby homes

1,086 sqft (top 23%) · Built in 2023 (75 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, 1 healthcare facility, 2 shops, and 5 parks nearby

Living Area

Above average

14% larger than neighborhood avg.

Taon ng Paggawa

Above average

75 yrs newer than neighborhood avg.

Mother tongue

English · 85%Tagalog · 4%

Past 10 years King Edward sales snapshot (~80% of all data)

Sold Count

1,128

Median price

356.6k

$/sqft

$349/sqft

Avg build year

1948

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Property score

63.9 is composed by the two sections below.

Property Score

57.5Fair
Living Area1,086 sqft52Fair
Taon ng Paggawa2023100Excellent
Lupa2,480 sqft18Low
Neighbourhood Sales Activity71Good

Community Score

73.6Good
Household Income75Good
Education Level44Low
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health90Excellent

Istatistika ng benta ng komunidad

King Edward

How to read: Share of sales in each ~$50k price band for “king edward” (Detached na bahay (hindi condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110252

Community deep dive

$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

Population, labour & age

Population (2021)503
Labour force participation rate76%
Median age38.4
Avg household size2.1
Unemployment rate5%
Population density3592 / km²

Households & income

Low income (LIM-AT, % pop.)13%
Single-person households36%
Couple families with children14%
Median household income (2020)$76K

Housing

Renter households15%
Condominium dwellings0%
Median dwelling value (owners)$250K

Diversity, education & language

Immigrants (share of pop.)9%
Visible minority12%
Bachelor's or higher (25–64)21%
Mother tongue (1st)English · 85%
Mother tongue (2nd)Tagalog · 4%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Mga ranggo

Living Area

lampas sa average
1,086 sqft
0255075100
Same streetTop 24%Same areaTop 23%CitywideBottom 38%
Same street · Ferry Road
#59 / 247
Top 24% · Avg 955 sqft
Same area · King Edward
#559 / 2,385
Top 23% · Avg 952 sqft
Citywide · Winnipeg
#120,564 / 194,458
Bottom 38% · Avg 1,342 sqft

Assessed Value

Elite
406k
0255075100
Same streetTop 6%Same areaTop 4%CitywideTop 37%
Same street · Ferry Road
#14 / 247
Top 6% · Avg 266.1k
Same area · King Edward
#86 / 2,385
Top 4% · Avg 258.2k
Citywide · Winnipeg
#71,729 / 194,458
Top 37% · Avg 390.1k

Taon ng Paggawa

Elite
2023
0255075100
Same streetTop 3%Same areaTop 1%CitywideTop 1%

Lupa

mas mababa sa average
2,480 sqft
0255075100
Same streetBottom 17%Same areaBottom 10%CitywideBottom 4%

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.

Transit & Walkability

Mga malapit na hinto, ruta at transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

326 Ferry Road — 12 amenities found within 500 m, across 5 categories, including 2 dining (nearest 87 m), 1 healthcare (nearest 481 m), 2 shopping (nearest 18 m).

Search radius
🍽️Dining2
🏥Healthcare1
🛒Shopping2
🌳Parks5
Worship2

Crime & Safety

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%

Kasaysayan ng Benta

Naibenta 2/2023CA$450k–500k
Presyo ng benta

Parehong kalye

Top 4%

Parehong lugar

Top 2%

Buong lungsod

Top 17%

Related homes

Mga tampok at karaniwang tanong: 326 Ferry Road, Winnipeg

Property Overview: 326 Ferry Road, Winnipeg

Section 1: Key Characteristics & Appeal

This 2023-built bi-level home on Ferry Road is a modern, low-maintenance property in Winnipeg's King Edward neighbourhood. Its primary appeal lies in its new construction, offering move-in readiness with a renovated basement and freedom from the major repairs often needed in older area homes. At 1,086 sqft, it provides above-average living space for both its immediate street and the broader neighbourhood.

The data reveals a compelling contrast: this home ranks in the top tier for its newness, living area, and assessed value within its local context, yet it sits on a smaller, more urban-sized lot. This profile suits specific buyers perfectly: first-time homeowners seeking a modern, worry-free entry into the market; downsizers looking for a contemporary, single-level living layout without yard upkeep; or investors attracted by a newer asset with strong assessed value relative to its surroundings. It’s a practical choice for those who prioritize interior space and modern systems over a large private outdoor area.

Section 2: Frequently Asked Questions

1. Why is the assessed value so high compared to nearby older homes?
The assessed value reflects the property's very recent construction (2023). Newer builds typically have higher valuations due to modern materials, building codes, energy efficiency, and the lack of depreciation seen in century-old homes.

2. What does the "above average" living area ranking mean for daily life?
It means the home's interior space is more generous than most in the immediate area. For the neighbourhood, which has many smaller, older homes, this provides a feeling of spaciousness and modern layout that can be hard to find locally.

3. The lot size is noted as "below average." How significant is this?
The lot is compact, which minimizes yard maintenance—a plus for many. However, it may limit options for large additions, decks, or extensive gardening. It reflects an efficient, urban use of space rather than a sprawling suburban yard.

4. How does the 2023 build year impact ongoing costs?
A major advantage is that major components (roof, furnace, windows, etc.) are under warranty and will not need replacement for many years. This can translate to significant savings on maintenance and potentially lower utility bills due to current building standards.

5. The home sold in early 2023. Why would it be back on the market so soon?
While the specific reason isn't provided, short ownership periods in new builds can occur for various common life changes: job relocation, change in family circumstances, or the owner's decision that the layout no longer suits their needs. It does not inherently indicate a problem with the property itself.

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