61.4
Fair
Property score
61.4
Fair
Overall 61.4
Newer than most nearby homes
954 sqft (top 40%)
Built in 2019 (71 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
Near average
0% larger than neighborhood avg.
Year Built
Above average
71 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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61.4 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: #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
356 Ferry Road — 8 amenities found within 500 m, across 5 categories, including 2 dining (nearest 128 m), 1 healthcare (nearest 488 m), 1 shopping (nearest 112 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 38% | Top 34% | Bottom 31% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This 2019-built bi-level home at 356 Ferry Road offers a modern, low-maintenance living option in Winnipeg's King Edward neighbourhood. Its primary appeal lies in its relative newness compared to most area homes, which typically date from the mid-20th century. This means major systems like roofing, windows, and heating are likely in good condition, offering peace of mind and potentially lower immediate repair costs. The 954 sqft living space is very typical for the immediate street and area, fitting right into the local market.
The property suits first-time homebuyers or downsizers looking for a newer, manageable home without a large renovation project. It’s also a practical choice for investors seeking a modern rental property in a stable neighbourhood. A less obvious perspective is that while the lot size is smaller than the city average, it aligns with the neighbourhood, reducing yard maintenance—a perk for those with busy lifestyles. The above-average assessed value for the street and area suggests the property is viewed favourably within its more immediate context, even if it's average city-wide.
Key Details & FAQs
1. What are the main advantages of this home being built in 2019?
The primary benefit is modern construction standards and materials. Buyers can expect newer major components (furnace, wiring, plumbing, insulation) which typically mean better energy efficiency and reliability, and a longer period before costly replacements are needed compared to much older homes.
2. Who might this property not be suitable for?
It may not suit buyers needing extensive finished space, as the basement is unrenovated. Those wanting a large garage or a very spacious yard (the lot is below the city average) might also want to look elsewhere.
3. How does the assessed value compare?
Its assessed value is above average for both Ferry Road and the wider King Edward area, but around average when compared to the entire city. This indicates it's a solid, valued property within its local market.
4. What does "bi-level" mean for daily living?
A bi-level typically has a short flight of stairs to the main living area (kitchen, living room, bedrooms) and another short flight down to a lower-level entry and basement space. This offers clear separation between living and utility/ storage areas, but involves stairs between common living zones.
5. Is the lack of a garage a significant drawback?
This depends on lifestyle. For many in urban neighbourhoods, on-street parking or a driveway (if present) is sufficient. The trade-off is more yard space and less building to maintain. Buyers with multiple vehicles or who require workshop space should factor this in.
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