56.6
Fair
Property score
56.6
Fair
Overall 56.6
Newer than most nearby homes
845 sqft (bottom 38%)
Built in 2012 (64 yrs newer than avg)
Located in a above-average income area
with median household income of ~81k
Transit 82.0
1-min walk to transit with 2 nearby routes
Within 500m: 3 dining spots, 1 healthcare facility, 1 shop, and 2 parks nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
11% smaller than neighborhood avg.
Year Built
Above average
64 yrs newer than neighborhood avg.
Mother tongue
English · 64%Tagalog · 14%
Past 10 years King Edward sales snapshot (~80% of all data)
1,128
356.6k
$349/sqft
1948
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56.6 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: #46110240
$81K
Median household income
$90K
Average household income
8%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.6
P90 / P10 ratio
23%
Single-person households
27%
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
345 Ferry Road — 9 amenities found within 500 m, across 5 categories, including 3 dining (nearest 56 m), 1 healthcare (nearest 431 m), 1 shopping (nearest 82 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%
Local garbage, recycling, and yard waste pickup schedule for 345 Ferry Road.
Garbage
friday
Recycling
friday
Yard Waste
friday b
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 19% | Top 16% | Bottom 48% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 345 Ferry Road, Winnipeg
Section 1: Key Characteristics & Appeal
This bi-level home at 345 Ferry Road presents a practical and straightforward opportunity in Winnipeg's King Edward neighbourhood. Its key characteristic is its modern build date (2012), making it significantly newer than most homes on its street, in the area, and across the city. This suggests potentially lower maintenance costs and more contemporary building standards compared to the century-old homes common in the area.
The appeal lies in its position as an affordable, entry-level property. With 845 sqft of living space and an unrenovated basement, it offers a compact footprint with room for future customization. It sits on a modest, manageable lot. The home suits first-time buyers seeking a modern structure without a premium price tag, or investors looking for a relatively new rental property in a central location. A thoughtful perspective is that while its size is below the city average, its newer construction in an established neighbourhood offers a unique blend of modern convenience and mature community setting, avoiding the trade-offs often found in older, similarly priced homes.
Section 2: Frequently Asked Questions
1. How does this home's value compare to others?
Based on assessed value, this property is very typical for its immediate area and street, ranking near the middle. However, its assessed value is below the citywide average, highlighting its affordability within Winnipeg.
2. What are the implications of the "unrenovated basement"?
This indicates the basement is functional but in its original state from 2012. It presents a blank canvas for finishing to add living space, but any work would be an additional investment for the buyer.
3. Is the lot size a concern?
The land area is smaller than most in the King Edward neighbourhood and significantly smaller than the Winnipeg average. This means lower exterior maintenance but offers limited space for expansions, large gardens, or extensive outdoor amenities.
4. How reliable are the recent sold price estimates shown?
The listed sold price range (e.g., $31.50k ~ $34.50k for 1/2025) is an approximation from public data. For the exact sale price, you must request it directly via the provided email service.
5. What is the neighbourhood context of King Edward?
The provided data shows homes here are typically older (often from the early 1900s) and have smaller lot sizes than the city average. This property stands out for its newer construction while being situated in a historic, central community.
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