43.3
Below average
Property score
43.3
Below average
Overall 43.3
Older than most nearby homes
821 sqft (bottom 34%)
Built in 1910 (38 yrs older than avg)
Located in a above-average income area
with median household income of ~74.5k
Transit 82.0
1-min walk to transit with 2 nearby routes
Within 500m: 6 dining spots, 1 school, 2 healthcare facilitys, and 2 shops nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
14% smaller than neighborhood avg.
Year Built
Below average
38 yrs older than neighborhood avg.
Mother tongue
English · 69%Tagalog · 13%
Past 10 years King Edward sales snapshot (~80% of all data)
1,128
356.6k
$349/sqft
1948
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43.3 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: #46110246
$75K
Median household income
$85K
Average household income
13%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.9
P90 / P10 ratio
28%
Single-person households
21%
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
331 King Edward Street — 23 amenities found within 500 m, across 9 categories, including 6 dining (nearest 245 m), 1 education (nearest 487 m), 2 healthcare (nearest 273 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 32% | Bottom 30% | Bottom 12% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 331 King Edward Street, Winnipeg
Section 1: Key Characteristics & Appeal
This is a compact, one-storey home built in 1910, offering a classic character in a mature Winnipeg neighbourhood. With 821 square feet of living space and a renovated basement, it presents a practical footprint for efficient living. The assessed value of $250k positions it as an accessible entry point within its local area, ranking around average for King Edward Street but below the city-wide average, which may indicate value relative to the broader market.
The primary appeal lies in its location and simplicity. It suits first-time buyers, downsizers, or investors seeking a straightforward property without the premium for extra space or modern construction. A thoughtful perspective is its lot size: at just under 2,900 sqft, the land is smaller than many in the area, which translates to lower maintenance but less private outdoor space. This home represents a trade-off—it offers historic charm and neighbourhood integration at the cost of modern square footage and larger yard amenities. Its recent sale history suggests it is a transacted, active part of the local market.
Section 2: Frequently Asked Questions
1. How does the age of the home (1910) affect it?
While it adds character, it also means potential systems (like plumbing or electrical, unless updated) may be older than in post-war homes. It ranks in the oldest ~7% of homes in the local area, so a thorough inspection is advisable.
2. Is the living space sufficient for a small family?
At 821 sqft, it is compact. It ranks around average for the street but is significantly smaller than the typical Winnipeg home (~1,342 sqft). It would suit a couple, a single individual, or a very small family comfortable with efficient use of space, aided by the additional renovated basement area.
3. What does the assessed value tell me about the price?
The $250k assessment is a municipal valuation for tax purposes, not a market price. However, it indicates the home is valued around the middle of the pack for King Edward Street, potentially suggesting a more affordable point compared to many city neighbourhoods.
4. The lot seems smaller than others on the street. Is that a concern?
The lot is about half the size of the average lot on King Edward Street. This means less yard work and potentially lower exterior maintenance costs, but also limited potential for expansions like a large addition or garage, and less private outdoor recreation space.
5. Where can I find the exact past sale price?
The listing service provides an estimated sold price range from past transactions. To obtain the precise sale price from the last transaction, you must request it directly via the provided email button, as this data is not publicly displayed in detail.
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