361 Ferry Road

King Edward, Winnipeg

56.6

Fair

Overall 56.6

Newer than most nearby homes

867 sqft (bottom 42%)

Built in 2014 (66 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

Living Area

Near average

9% smaller than neighborhood avg.

Year Built

Above average

66 yrs newer than neighborhood avg.

Mother tongue

English · 64%Tagalog · 14%

Past 10 years King Edward sales snapshot (~80% of all data)

Sold Count

1,128

Median price

356.6k

$/sqft

$349/sqft

Avg build year

1948

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Property score

56.6 is composed by the two sections below.

Property Score

45.8Low
Living Area867 sqft32Low
Year Built201494Excellent
Lot Size2,693 sqft28Low
Neighbourhood Sales Activity71Good

Community Score

72.7Good
Household Income77Good
Education Level44Low
Housing Stress83Excellent
Core Housing Need88Excellent
Employment Health83Excellent

Neighbourhood Sales

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110240

Community deep dive

$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

Population, labour & age

Population (2021)751
Labour force participation rate70%
Median age36.0
Avg household size2.7
Unemployment rate2%
Population density5006 / km²

Households & income

Low income (LIM-AT, % pop.)8%
Single-person households23%
Couple families with children27%
Median household income (2020)$81K

Housing

Renter households16%
Condominium dwellings0%
Median dwelling value (owners)$276K

Diversity, education & language

Immigrants (share of pop.)35%
Visible minority42%
Bachelor's or higher (25–64)24%
Mother tongue (1st)English · 63%
Mother tongue (2nd)Tagalog · 14%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

around average
867 sqft
0255075100
Same streetBottom 42%Same areaBottom 42%CitywideBottom 14%
Same street · Ferry Road
#143 / 247
Bottom 42% · Avg 955 sqft
Same area · King Edward
#1,390 / 2,385
Bottom 42% · Avg 952 sqft
Citywide · Winnipeg
#167,630 / 194,458
Bottom 14% · Avg 1,342 sqft

Tax-Assessed Value

above average
293k
0255075100
Same streetTop 34%Same areaTop 28%CitywideBottom 27%
Same street · Ferry Road
#84 / 247
Top 34% · Avg 266.1k
Same area · King Edward
#666 / 2,385
Top 28% · Avg 258.2k
Citywide · Winnipeg
#141,299 / 194,458
Bottom 27% · Avg 390.1k

Year Built

above average
2014
0255075100
Same streetTop 19%Same areaTop 10%CitywideTop 8%

Lot Size

around average
2,693 sqft
0255075100
Same streetBottom 43%Same areaBottom 23%CitywideBottom 7%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

361 Ferry Road — 8 amenities found within 500 m, across 5 categories, including 3 dining (nearest 106 m), 1 healthcare (nearest 441 m), 1 shopping (nearest 133 m).

Search radius
🍽️Dining3
🏥Healthcare1
🛒Shopping1
🌳Parks2
Worship1

Crime & Safety

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%

Waste Collection Schedule

Local garbage, recycling, and yard waste pickup schedule for 361 Ferry Road.

🗑️

Garbage

friday

♻️

Recycling

friday

🍂

Yard Waste

friday b

Sales History

Sold 12/2019CA$250k–300k
Sold price

Same street

Top 39%

Same area

Top 34%

City-wide

Bottom 31%

Related homes

Highlights & common questions: 361 Ferry Road, Winnipeg

Property Overview: 361 Ferry Road, Winnipeg

Key Characteristics & Appeal

This bi-level home at 361 Ferry Road in Winnipeg's King Edward neighborhood presents a practical and modern opportunity. Built in 2014, it is a notably newer construction compared to most homes in the area and city-wide, suggesting less immediate concern for major system replacements and potentially lower maintenance. With 867 sqft of living space and a detached garage, it fits the profile of a compact, efficient home.

Its primary appeal lies in its balance of modernity and location-specific value. While the living space is below the city-wide average, it is typical for its immediate street and neighborhood, positioning it as an affordable entry point into the market. The assessed value is above average for King Edward, which may reflect its newer build year. The property suits first-time buyers, downsizers, or investors seeking a relatively modern property without a premium price tag. It’s for those who prioritize a newer home in a central neighborhood over square footage, and who are comfortable with a basement that is present but not renovated.

Frequently Asked Questions

1. How does the property’s size compare to others?
At 867 sqft, the living area is around the average for both Ferry Road and the broader King Edward neighborhood. However, it is below the average home size for the entire city, indicating a more compact layout.

2. Why is the assessed value higher than the neighborhood average?
The assessed value is above the King Edward average, which is likely attributable to the home’s much newer construction year (2014) compared to the typical area home built in the mid-20th century.

3. What is the potential of the basement?
The listing confirms the home has a basement, but that it is not renovated. This presents both a downside in immediate finish and an upside for future expansion or customization to add living space.

4. Is the land size a constraint?
The lot is under 2,700 sqft, which is smaller than most in the neighborhood and significantly smaller than the city average. This means smaller outdoor space but also less yard maintenance.

5. How current is the sold price history provided?
The sold price range shown is from December 2019. For the exact, most recent sold price, you must request it directly via the email feature on the listing page.

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