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.
Year Built
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)
1,128
356.6k
$349/sqft
1948
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63.9 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
328 Ferry Road — 12 amenities found within 500 m, across 5 categories, including 2 dining (nearest 85 m), 1 healthcare (nearest 480 m), 2 shopping (nearest 11 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 4% | Top 2% | Top 17% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 328 Ferry Road, Winnipeg
Key Characteristics & Appeal
This is a modern, recently built (2023) bi-level home in Winnipeg's King Edward neighbourhood. Its primary appeal lies in its new construction status, offering a move-in-ready property with contemporary systems and finishes, and a recently renovated basement. The home's 1,086 sqft living area is notably above average for both its immediate street and the wider King Edward area.
The property presents a specific value proposition. While the land size is compact compared to area averages, this is balanced by a very high assessed value relative to the neighbourhood, indicating a premium, modern build on a smaller lot. It would suit a buyer prioritizing a low-maintenance, newer home in an established central area, who values modern amenities over a large yard. It's also a strong candidate for someone looking to avoid the immediate renovation costs and uncertainties often associated with older homes in the city's core.
Frequently Asked Questions
1. Is the price reasonable for a home with a smaller lot?
The assessed value is in the top 4% for King Edward, reflecting the premium for a new build. The value is in the modern construction and finished living space, not the land size. This trade-off is typical for infill development.
2. What does the "Elite" ranking for Year Built mean?
It simply means this is one of the newest homes in its comparison groups. In an area with many homes dating to the early 1900s, a 2023 build is a statistical rarity, which can mean lower upkeep costs initially.
3. How does the living area compare to a typical two-story home?
At 1,086 sqft, it's above average for the local area but below the city-wide average. The efficient bi-level design often means well-utilized space, but room sizes may be more compact than in some larger, older homes.
4. What are the implications of a recently renovated basement?
This adds immediate liveable or rental space without future investment. Ensure permits were obtained for the work, as this is a critical step for any structural or plumbing/electrical renovations.
5. The home sold recently in 2023; what should I consider?
A quick resale can be neutral—a change in the owner's circumstances—but it's wise to understand the seller's motivation. Given the new build, inquire about any remaining builder warranties that might be transferable.
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