39.5
Below average
Property score
39.5
Below average
Overall 39.5
Smaller than most nearby homes
630 sqft (bottom 4%)
Built in 1918 (30 yrs older than avg)
Located in a above-average income area
with median household income of ~76k
Transit 82.0
1-min walk to transit with 2 nearby routes
Within 500m: 3 dining spots, 1 healthcare facility, 1 shop, 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
34% smaller than neighborhood avg.
Year Built
Near average
30 yrs older than neighborhood avg.
Mother tongue
English · 77%Tagalog · 10%
Past 10 years King Edward sales snapshot (~80% of all data)
1,128
356.6k
$349/sqft
1948
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39.5 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: #46110241
$76K
Median household income
$74K
Average household income
9%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.7
P90 / P10 ratio
30%
Single-person households
23%
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 Roseberry Street — 15 amenities found within 500 m, across 5 categories, including 3 dining (nearest 110 m), 1 healthcare (nearest 252 m), 1 shopping (nearest 235 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 3% | Bottom 4% | Bottom 2% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 331 Roseberry Street, Winnipeg
Key Characteristics & Appeal
This is a compact, one-storey home built in 1918, situated on a standard city lot in the King Edward neighbourhood. Its key characteristic is its exceptionally modest scale and valuation. With only 630 square feet of living space, it is significantly smaller than most homes on its street, in the area, and across Winnipeg. This is reflected in its assessed value of $16,500, which is among the lowest percentile citywide.
The primary appeal lies in its potential as an entry point into homeownership or as a straightforward investment property. It suits a very specific buyer: someone seeking the absolute lowest price point for a standalone house, willing to take on a project. A first-time buyer with strong DIY skills, or an investor looking for a basic rental or redevelopment opportunity, might see value here. The home has a basement (unrenovated) and no garage, emphasizing its no-frills nature. A thoughtful perspective is that its small size and low fixed costs could offer a lifestyle of radical simplicity and affordability, a rarity in the current market. However, this comes with the clear understanding that it requires work and offers limited space.
Frequently Asked Questions
1. Why is the assessed value so low compared to the citywide average?
The assessed value is directly tied to the home's very small size (630 sq ft), its age, and its unrenovated condition. It is priced as a foundational property, not a turn-key home.
2. What kind of work or investment might this property need?
The listing notes the basement is not renovated, suggesting it may require basic finishing or moisture management. Given the age and size, buyers should budget for updates to essential systems (like plumbing or wiring), insulation, and likely a full interior refresh.
3. Is this a good option for a first-time buyer?
It could be, but with important caveats. It offers an ultra-low barrier to entry in terms of purchase price and property taxes. However, the buyer must be prepared for the maintenance of an older home and comfortable with very compact living quarters.
4. What are the possibilities for expanding or adding on to the home?
The lot size is 2,710 sq ft, which is below the city average but typical for the central area. There may be potential to expand the footprint or add a second storey in the future, subject to zoning bylaws and a significant construction budget.
5. How reliable are the sold price ranges shown, and how do I get the exact figure?
The sold price history provided is a range based on public data. To obtain the exact sale price from December 2017, you can submit your email via the provided button. The service manually retrieves and sends the accurate figure, typically by the end of the same day, without using your email for unsolicited marketing.
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