54.8
Fair
Property score
54.8
Fair
Overall 54.8
Larger but older than most nearby homes
1,054 sqft (top 27%)
Built in 1912 (36 yrs older 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
Winnipeg Real Estate Market Summary – Week 19, May 10, 2026
Winnipeg's market stayed firmly seller-led this week, with ~100 sales recorded. Around 65% closed above asking, averaging a ~7% premium and a median 8 days on market. The $400–600K detached segment wa…
Living Area
Above average
11% larger than neighborhood avg.
Year Built
Below average
36 yrs older 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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54.8 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
329 Inglewood Street — 11 amenities found within 500 m, across 4 categories, including 2 dining (nearest 121 m), 2 shopping (nearest 33 m), 5 parks (nearest 129 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 | Bottom 35% | Bottom 33% | Bottom 13% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This 1,054 sqft one-and-three-quarter storey home, built in 1912, sits on a 2,523 sqft lot in Winnipeg's King Edward neighbourhood. Its key appeal lies in its above-average living space for the immediate area and its position as a classic, unrenovated character home. The property suits buyers looking for an affordable entry into homeownership with the vision to personalize a space over time, or an investor seeking a straightforward rental property. Its assessed value is modest compared to the city-wide average, highlighting its location in a more affordable sector of the market.
A thoughtful perspective: while the home ranks below average for its age and lot size city-wide, within its own streetscape it is a fairly typical property. This suggests a neighbourhood with consistent, historic charm rather than an outlier. The appeal is for someone who values the established character of a central community over a newer home on a larger suburban lot.
Key Details & FAQs
What are the key characteristics?
The home is a 114-year-old character property with an unfinished basement and no garage. It offers more living space than many comparable homes on its street and in the King Edward area. The lot is smaller than the city average but typical for the neighbourhood.
Where does its main appeal lie?
Its appeal is rooted in value and potential. It provides more interior space than many nearby homes at a very accessible price point, making it a practical canvas for a buyer willing to take on updates gradually.
Who would this property suit best?
It would suit a first-time buyer or hands-on investor comfortable with a home that needs modernization. It's less suited for someone seeking a move-in-ready property or requiring ample parking and outdoor space.
What is the property's history and value context?
The home last sold between 2016 and 2025. Its assessed value is around average for King Edward but well below the Winnipeg average, firmly positioning it in the city's more affordable market segment.
What should a potential buyer consider?
A buyer should budget for modernizing a 1912 home, consider the lack of a garage for parking and storage, and research the specifics of the unfinished basement. The value is in the structure and location, not in recent upgrades.
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