Property score
43.4
Below average
Overall 43.4 · Smaller and older than most nearby homes
748 sqft (bottom 20%) · Built in 1912 (36 yrs older than avg)
Located in a high-income area with median household income of ~90k
Transit 82.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 2 dining spots, 1 shop, 9 parks, and 1 place of worship nearby
Living Area
Below average
21% smaller than neighborhood avg.
Year Built
Below average
36 yrs older than neighborhood avg.
Mother tongue
English · 81%Tagalog · 8%
Past 10 years King Edward sales snapshot (~80% of all data)
1,128
356.6k
$349/sqft
1948
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43.4 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: #46110253
$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
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
351 Amherst Street — 13 amenities found within 500 m, across 4 categories, including 2 dining (nearest 292 m), 1 shopping (nearest 211 m), 9 parks (nearest 98 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 14% | Bottom 5% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 351 Amherst Street, Winnipeg
Key Characteristics & Appeal
This is a compact, one-storey home built in 1912, situated on a modest lot in the King Edward neighbourhood. Its key characteristic is its exceptionally low assessed value, which ranks in the bottom 2-4% compared to homes on its street, in its area, and citywide. With 748 sqft of living space and an unfinished basement, it is a smaller, unrenovated property. The appeal lies squarely in its position as a minimal-entry point into the Winnipeg housing market. It suits a very specific buyer: those seeking an affordable footprint to customize according to their own vision and budget, or an investor looking for a straightforward rental property with a low initial cost. Its age and condition mean it is not a move-in-ready home, but rather a foundational project. A less obvious perspective is that its small size and lot can translate to very low ongoing utility and maintenance costs relative to larger properties, offering a different kind of financial efficiency beyond the purchase price.
Frequently Asked Questions
1. Why is the assessed value so much lower than the citywide average?
The assessed value reflects the property's age, smaller size, unrenovated condition, and the comparative values within its immediate area. It is characteristic of a home that requires modernization.
2. What type of work should I anticipate given the home's age?
Given it was built in 1912 and is unrenovated, buyers should budget for and inspect all major systems (plumbing, electrical, heating, roof, and structure) to understand the scope of potential updates needed.
3. Is the unfinished basement a pro or a con?
This depends on the buyer's goals. It's a con for those seeking finished living space immediately. However, it is a pro for those who want the flexibility to finish it to their own specifications or who simply need utility and storage space.
4. How does the property's size compare to the neighbourhood?
At 748 sqft, the living area is below average for both Amherst Street and the broader King Edward neighbourhood, indicating it is one of the more compact homes in the area.
5. How can I find out the exact historical sold price?
The listing service provides sold price ranges based on public data. To obtain the exact sold price, you must request it via email from their service, which they provide manually without using your email for marketing.
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