347 Amherst Street

King Edward, Winnipeg

Property score

75.1

Good

Overall 75.1 · Larger and newer than most nearby homes

1,604 sqft (top 2%) · Built in 2019 (71 yrs newer than avg)

Located in a high-income area with median household income of ~90k

Transit 88.0 · 1-min walk to transit with 3 nearby routes · Within 500m: 2 dining spots, 1 shop, 9 parks, and 1 place of worship nearby

Living Area

Above average

68% larger than neighborhood avg.

Year Built

Above average

71 yrs newer than neighborhood avg.

Mother tongue

English · 81%Tagalog · 8%

Past 10 years King Edward sales snapshot (~80% of all data)

Sold Count

1,128

Median price

356.6k

$/sqft

$349/sqft

Avg build year

1948

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Property score

75.1 is composed by the two sections below.

Property Score

75.5Good
Living Area1,604 sqft83Excellent
Year Built201997Excellent
Lot Size2,352 sqft18Low
Neighbourhood Sales Activity71Good

Community Score

74.4Good
Household Income81Excellent
Education Level44Low
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health68Good

Neighbourhood Sales

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110253

Community deep dive

$90K

Median household income

$93K

Average household income

8%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.7

P90 / P10 ratio

29%

Single-person households

22%

Families with children

Population, labour & age

Population (2021)556
Labour force participation rate66%
Median age38.4
Avg household size2.3
Unemployment rate7%
Population density3971 / km²

Households & income

Low income (LIM-AT, % pop.)8%
Single-person households29%
Couple families with children22%
Median household income (2020)$90K

Housing

Renter households11%
Condominium dwellings0%
Median dwelling value (owners)$250K

Diversity, education & language

Immigrants (share of pop.)12%
Visible minority13%
Bachelor's or higher (25–64)23%
Mother tongue (1st)English · 81%
Mother tongue (2nd)Tagalog · 8%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

Elite
1,604 sqft
0255075100
Same streetTop 2%Same areaTop 2%CitywideTop 25%
Same street · Amherst Street
#2 / 129
Top 2% · Avg 869 sqft
Same area · King Edward
#39 / 2,385
Top 2% · Avg 952 sqft
Citywide · Winnipeg
#48,919 / 194,458
Top 25% · Avg 1,342 sqft

Tax-Assessed Value

Elite
441k
0255075100
Same streetTop 2%Same areaTop 3%CitywideTop 30%
Same street · Amherst Street
#3 / 129
Top 2% · Avg 267.7k
Same area · King Edward
#62 / 2,385
Top 3% · Avg 258.2k
Citywide · Winnipeg
#58,191 / 194,458
Top 30% · Avg 390.1k

Year Built

Elite
2019
0255075100
Same streetTop 2%Same areaTop 4%CitywideTop 4%

Lot Size

below average
2,352 sqft
0255075100
Same streetBottom 7%Same areaBottom 4%CitywideBottom 3%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

347 Amherst Street — 13 amenities found within 500 m, across 4 categories, including 2 dining (nearest 289 m), 1 shopping (nearest 206 m), 9 parks (nearest 87 m).

Search radius
🍽️Dining2
🛒Shopping1
🌳Parks9
Worship1

Crime & Safety

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%

Sales History

Sold 8/2023CA$400k–450k
Sold price

Same street

Top 5%

Same area

Top 3%

City-wide

Top 24%
Sold 5/2020CA$300k–350k
Sold price

Same street

Top 27%

Same area

Top 15%

City-wide

Bottom 48%

Related homes

Highlights & common questions: 347 Amherst Street, Winnipeg

Property Overview: 347 Amherst Street, Winnipeg

Key Characteristics & Appeal

This two-storey home, built in 2019, stands out for its modern construction and generous living space in the King Edward neighborhood. With 1,604 sqft of living area, it ranks in the top 2% of homes on its street and in the area, offering significantly more interior room than most comparable properties. Its appeal lies in this combination of a like-new build with a renovated basement and a detached garage, providing move-in readiness and modern efficiencies. The home’s assessed value also places it in an elite tier locally, suggesting a premium property within its immediate context.

It would best suit buyers prioritizing a modern, low-maintenance home without sacrificing interior space, particularly those looking in established central neighborhoods. A thoughtful perspective is that while the lot size is smaller than average, this often translates to less yard upkeep, aligning perfectly with the desire for a newer home. The trade-off is a modern, spacious interior on a more manageable parcel—a compelling choice for professionals, small families, or downsizers seeking quality and convenience over extensive grounds.

Frequently Asked Questions

1. How does such a new home exist in this neighborhood?
Built in 2019, this property is a relatively recent infill development, offering modern amenities and construction in an established area—a rare find that explains its high ranking for year built.

2. The assessed value seems low. Is that accurate?
The assessed value figures are consistent within the hyper-local context of Amherst Street and King Edward. It ranks in the top 3% for the area, indicating it is a high-value property relative to its immediate peers, many of which are older.

3. What are the implications of the smaller land area?
The lot is compact, which means less exterior maintenance. This can be a benefit for those seeking a low-maintenance lifestyle. However, it may limit options for large-scale additions or extensive landscaping projects.

4. Has the property value increased?
Based on available sold price ranges, the property likely appreciated between its 2020 and 2023 sales. For the exact sold price history to confirm this, you can request the details via email from the listing source.

5. What is the neighborhood like with such a mix of old and new homes?
King Edward features classic Winnipeg character. A newer home like this offers modern comforts while benefiting from the mature streetscape and established community feel of the area.

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