59.6
Fair
Property score
59.6
Fair
Overall 59.6
Newer than most nearby homes
914 sqft (top 49%)
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 4 parks nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Near average
4% smaller 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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59.6 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
360 Ferry Road — 9 amenities found within 500 m, across 5 categories, including 2 dining (nearest 141 m), 1 healthcare (nearest 491 m), 1 shopping (nearest 128 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 43% | Top 38% | Bottom 28% |
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 360 Ferry Road offers modern construction in Winnipeg's King Edward neighbourhood. Its key appeal lies in being a newer home in an area of much older housing stock, potentially reducing immediate repair costs. At 914 sqft with an unrenovated basement, it provides functional living space on a modest 2,474 sqft lot. The assessed value of $290k positions it above average for the local area but below the city-wide average, suggesting a relative value within its established community.
The home suits first-time buyers or downsizers seeking a low-maintenance, modern property without the premium of a brand-new build. Its smaller lot and compact footprint offer easier upkeep. A thoughtful perspective is that while the lot size is below average for the city, it contributes to a lower maintenance burden and may align with a simpler lifestyle. The home’s newer age is a significant asset in a neighbourhood where most homes are decades older, though the unrenovated basement presents a blank canvas for future expansion.
Frequently Asked Questions
How does the property’s value compare to the area?
The home’s assessed value is above average for both Ferry Road and the broader King Edward neighbourhood, but below the average for the entire city. This indicates you are paying a premium for the modern build within this specific community.
What does the “unrenovated basement” mean?
The basement is finished as part of the bi-level layout but has not been updated since the home was built in 2019. It’s a functional space that may lack modern finishes, offering the next owner a chance to customize it to their taste without the need for a full, costly excavation or structural work.
Is the lot size a concern?
The land area is significantly smaller than average for Winnipeg. This means less outdoor maintenance and gardening, but also limited space for expansions like a large addition, garage, or pool. It’s a trade-off that prioritizes the building over the land.
Why is the year built highlighted as “Elite” for the area?
Built in 2019, this home is newer than approximately 96% of homes in King Edward and city-wide. In a neighbourhood with an average home built around 1948, this modern construction is a rare find, suggesting newer major systems like plumbing, wiring, and insulation.
What was the previous sale price?
Public records indicate the home sold in April 2020 for between $245,000 and $275,000. For the exact sale price, you can request the information directly via the provided email service on the listing page.
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