46.4
Below average
Property score
46.4
Below average
Overall 46.4
Smaller than most nearby homes
749 sqft (bottom 20%)
Built in 1946 (2 yrs older than avg)
Located in a above-average income area
with median household income of ~67.5k
Transit 82.0
1-min walk to transit with 2 nearby routes
Within 500m: 3 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
21% smaller than neighborhood avg.
Year Built
Near average
2 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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46.4 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
327 Ferry Road — 14 amenities found within 500 m, across 5 categories, including 3 dining (nearest 59 m), 1 healthcare (nearest 434 m), 2 shopping (nearest 66 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 327 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 37% | Bottom 43% | Bottom 18% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 327 Ferry Road, Winnipeg
Key Characteristics & Appeal
This is a compact, one-storey home built in 1946, situated on a notably generous lot in the King Edward neighbourhood. Its primary appeal lies in the land itself—at over 5,300 sqft, the property offers significantly more outdoor space than most comparable homes on the street and in the area. This presents a substantial opportunity for gardening, expansion, or future development, making the land a key asset.
The house, at 749 sqft with an unrenovated basement, is functionally modest and would suit buyers comfortable with a project or seeking an affordable entry into the market. Its assessed value is consistent with the local area, suggesting a fair market price without premium for the structure. This property is ideally suited for a first-time buyer, an investor, or a hands-on owner who values potential over immediate move-in finish. The true value proposition is a balance of a manageable existing home paired with the long-term potential of its spacious lot.
Frequently Asked Questions
1. How does the lot size compare to others?
The 5,390 sqft lot is a standout feature. It ranks in the top 16% within the King Edward neighbourhood, offering significantly more space than the area average of about 3,800 sqft.
2. Is the house smaller than average?
Yes. With 749 sqft of living area, the home is below average for the street, neighbourhood, and city. It is a compact layout suited for a smaller household or someone comfortable with efficient living spaces.
3. What is the condition of the basement?
The listing specifies the basement exists but is "not renovated." Buyers should budget for potential updates and anticipate a space that requires work to finish or modernize.
4. How does the assessed value relate to recent sale prices?
The current assessed value is approximately $22,900. A nearby, similar-sized home at 306 Collegiate Street has a lower assessment, while a newer, larger home on the same street is assessed higher. The property last sold in early 2021 for an estimated range of $21,500-$24,500, closely aligning with its current assessment.
5. What type of neighbourhood is King Edward?
King Edward features homes with a wide range of sizes and eras, from early 1900s to new construction. This property, with its 1946 build date, sits around the neighbourhood's average for age, indicating a mature, established community with a mix of original and updated properties.
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