Property score
72.5
Good
Overall 72.5 · Larger and newer than most nearby homes
1,662 sqft (top 1%) · Built in 2023 (75 yrs newer 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
Living Area
Above average
75% larger than neighborhood avg.
Year Built
Above average
75 yrs newer 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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72.5 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: #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
343 King Edward Street — 22 amenities found within 500 m, across 8 categories, including 6 dining (nearest 251 m), 1 education (nearest 446 m), 2 healthcare (nearest 287 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 1% | Bottom 1% | Bottom 1% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 343 King Edward Street
Key Characteristics & Appeal
This is a modern, two-storey home built in 2023, offering a rare combination of new construction in an established Winnipeg neighbourhood. Its primary appeal lies in its significant size and premium valuation relative to its immediate area. With 1,662 sqft of living space, it ranks in the top 2% of homes on its street for size, and its assessed value places it in the top 1% locally, indicating a property that stands out for its scale and perceived worth.
The home features a renovated basement, adding to its functional space. It sits on a standard city lot for the King Edward area, though its land area is more modest compared to the wider city average. There is no garage or pool.
This property would ideally suit buyers looking for a move-in-ready, contemporary home without the wait or uncertainties of a new build. It appeals to those who value modern layouts and systems but want to be part of a mature neighbourhood. The data suggests it’s particularly well-suited for buyers who prioritize interior space and modern amenities over a large yard, and for those who see value in owning a property that is a statistical standout in its community.
Frequently Asked Questions
1. Why is the assessed value so high compared to neighbouring homes?
The assessed value reflects the property's new construction (2023), its above-average living area, and the renovated basement. It is evaluated as a premium, modern asset within a neighbourhood of mostly older homes.
2. What does the ranking data actually tell me?
The rankings show how this property compares to others. For example, being in the "top 1%" for assessed value on the street means it is valued higher than 99% of comparable local homes. This can indicate a premium property for the area, but also means property taxes will be commensurately higher.
3. Is the lack of a garage a significant drawback?
This depends on your lifestyle. For some buyers, the trade-off for a newer, larger home without a garage is acceptable, especially with on-street parking. For others, particularly those with multiple vehicles or a need for workshop space, it could be a limitation worth considering.
4. The last sold price shown is from 2018, but the house was built in 2023. Why?
The 2018 sale likely refers to the vacant land. The current home was constructed after that purchase, meaning the next sale will set a completely new market price for the improved property, which the assessed value attempts to estimate.
5. How does the lot size impact future potential?
The lot is average for King Edward but below the citywide average. This means ample yard space may be limited, and expansion options (like a large addition or garage) could be more constrained than on a larger lot, but it also typically means less exterior maintenance.
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