60.5
Fair
Property score
60.5
Fair
Overall 60.5
Newer than most nearby homes
993 sqft (top 34%)
Built in 2017 (69 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
Near average
4% larger than neighborhood avg.
Year Built
Above average
69 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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60.5 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: #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
351 Ferry Road — 8 amenities found within 500 m, across 5 categories, including 3 dining (nearest 76 m), 1 healthcare (nearest 434 m), 1 shopping (nearest 100 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 351 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 50% | Top 43% | Bottom 25% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 351 Ferry Road, Winnipeg
Section 1: Key Characteristics & Appeal
This bi-level home at 351 Ferry Road in King Edward presents a compelling mix of modern convenience and value. Its key characteristic is its age: built in 2017, it is a notably newer construction compared to most homes in the neighbourhood and city-wide, ranking in the top 5-11%. This translates to less immediate concern for major system replacements and potentially more contemporary building standards. The home features a renovated basement and approximately 993 sqft of living space, which is quite typical and functional for the immediate area.
The appeal lies in its position as a low-maintenance, move-in-ready property within a mature neighbourhood. It suits first-time buyers seeking a modern home without a suburban price tag, or downsizers who want single-level living (with the basement providing extra space) without the upkeep of an older character home. A thoughtful perspective is that while the lot size is smaller than average, this reduces yard maintenance—a practical perk for busy professionals. Its above-average assessed value for the street and neighbourhood suggests it is perceived as a solid asset within the local market.
Section 2: Frequently Asked Questions
1. How does the living space compare to nearby homes?
At 993 sqft, the living area is very close to the average for both Ferry Road and the broader King Edward neighbourhood, making it a standard, functional size for the area.
2. What are the implications of the higher assessed value?
The home’s assessed value is above average for both the street and neighbourhood. This often indicates newer improvements or desirable features relative to nearby properties, but it’s wise to review current property taxes to understand the annual cost.
3. What are the pros and cons of the lot size?
The land area is smaller than many city lots. This means less outdoor space for gardening or expansion, but also significantly less yard work and lower landscaping costs, which can be a benefit.
4. How does the 2017 build year affect this home?
A 2017 build is a major advantage. It typically means newer roofing, siding, windows, and major mechanical systems (like furnace and water heater) with many years of life remaining, reducing the risk of near-term, costly repairs.
5. Are there comparable recent sales to gauge value?
The listing notes a sale in May 2017. For a precise, up-to-date understanding of value, you would need to analyze recent sales of similar bi-levels or newer homes in King Edward, as the market has evolved significantly since the home’s last sale.
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