62.7
Fair
Property score
62.7
Fair
Overall 62.7
Larger and newer than most nearby homes
1,152 sqft (top 18%)
Built in 1960 (12 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: 2 dining spots, 1 healthcare facility, 1 shop, and 3 parks nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Above average
21% larger than neighborhood avg.
Year Built
Above average
12 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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62.7 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
354 Ferry Road — 8 amenities found within 500 m, across 5 categories, including 2 dining (nearest 119 m), 1 healthcare (nearest 486 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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 37% | Top 32% | Bottom 32% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This one-storey home at 354 Ferry Road in Winnipeg's King Edward neighbourhood presents a practical and well-maintained living option. Its key appeal lies in offering above-average space and value within its immediate area, making it a solid contender for specific buyers.
Key Characteristics & Suitability
The home's primary strength is its living area. At 1,152 sqft, it is notably larger than most comparable homes on Ferry Road and in the wider King Edward area, ranking in the top 18% for space in both categories. This is complemented by a renovated basement, adding functional living space, and a detached garage. The lot size is standard for the local area. While the 1960 build date is average for the neighbourhood, the recent basement renovation suggests thoughtful updates.
Its appeal is grounded in value within a established community. For buyers prioritizing more interior space over a massive yard or a brand-new build, this property delivers significantly more square footage than its local peers. The assessed value is above average for King Edward, yet the recent sold price indicates it transacts at a level that is accessible relative to the city-wide market.
This property would best suit first-time buyers, downsizers, or practical investors seeking a move-in ready home with a smart layout and no major maintenance overhauls. It’s for those who value neighbourhood character and space efficiency over a downtown proximity or a sprawling property.
Frequently Asked Questions
1. How does this home’s size compare to others nearby?
Very favourably. With 1,152 sqft of living area, this home is larger than approximately 82% of similar properties on its street and in the King Edward neighbourhood.
2. What is the significance of the "renovated basement"?
While specific finishes aren't detailed, a renovated basement typically indicates it is finished as livable space (e.g., rec room, additional bedrooms), adding to the home's functional square footage beyond the main floor.
3. Is the assessed value the same as the market price?
No. The assessed value (29.50k) is for municipal tax purposes. The recent sold price range (26.50k ~ 29.50k) reflects the actual market value, which can be higher or lower than the assessment.
4. What are the implications of a 1960 build date?
It means the home is of a vintage where major systems (like roof, plumbing, wiring) may be due for updates or replacement. The renovated basement is a positive sign, but a thorough inspection is always recommended.
5. How does the lot size affect future potential?
At just over 4,000 sqft, the lot is standard for the area. It provides adequate private outdoor space but may have limitations for significant expansions or additions compared to larger, suburban lots.
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