62.5
Fair
Property score
62.5
Fair
Overall 62.5
Larger than most nearby homes
1,147 sqft (top 18%)
Built in 1946 (2 yrs older than avg)
Located in a high-income area
with median household income of ~90k
Transit 74.0
2-min walk to transit with 2 nearby routes
Within 500m: 2 dining spots, 1 shop, 10 parks, and 1 place of worship nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Above average
20% larger than neighborhood avg.
Year Built
Near average
2 yrs older than neighborhood avg.
Mother tongue
English · 81%Tagalog · 8%
Past 10 years King Edward sales snapshot (~80% of all data)
1,128
356.6k
$349/sqft
1948
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62.5 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: #46110253
$90K
Median household income
$93K
Average household income
8%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.7
P90 / P10 ratio
29%
Single-person households
22%
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
362 Amherst Street — 14 amenities found within 500 m, across 4 categories, including 2 dining (nearest 361 m), 1 shopping (nearest 289 m), 10 parks (nearest 151 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 | Bottom 23% | Bottom 39% | Bottom 16% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 362 Amherst Street, Winnipeg
Key Characteristics & Appeal
This one-and-a-half storey home on Amherst Street in the King Edward neighbourhood presents a solid, no-frills opportunity. Built in 1946, it offers 1,147 sqft of living space, which is notably above average for both the immediate street and the broader neighbourhood. The property sits on a 4,695 sqft lot, providing generous outdoor space that is well above the local area average. Key features include a detached garage and a basement, which is noted as being unrenovated.
The primary appeal lies in its strong positioning within its immediate community. The living area is in the top 17% of homes on Amherst Street, meaning it offers more interior space than most comparable houses nearby. Similarly, the lot size ranks in the top 26% within King Edward, a significant advantage for gardening, play, or future expansion. This creates a property that feels spacious and established for its locale. The assessed value is consistent with area averages, suggesting a fair market entry point.
This home would suit a practical buyer looking for a character home with room to grow, either inside or out, in a mature neighbourhood. It’s ideal for someone comfortable with a property that may require updates over time, starting with the basement. It represents a chance to own a home that is physically larger and on a bigger lot than most in the area, offering value through space rather than modern finishes.
Frequently Asked Questions
1. How does this home’s size compare to others in Winnipeg?
While the living space is above average for its specific street and neighbourhood, it is around the city-wide average. The real advantage is local: you get more house and a larger lot than most properties directly around it.
2. What does the "unrenovated basement" typically imply?
This usually indicates the basement is in original or functional condition, but not modernized. Buyers should budget for potential updates, but it also presents a blank canvas to finish according to personal needs without paying a premium for someone else’s renovation.
3. The assessed value seems low compared to the city-wide average. Why?
The city-wide average includes newer homes and more expensive neighbourhoods. The assessment here is very much in line with the King Edward area, indicating the property is priced appropriately for its location, not undervalued.
4. Is a home from 1946 a concern?
The year built is actually above average for Amherst Street, meaning it’s newer than many homes on the block. As with any older home, a thorough inspection is key to understand the condition of major systems like roof, wiring, and plumbing.
5. What is the significance of the lot size ranking so high in the neighbourhood?
A lot size in the top 26% for King Edward is a standout feature. It offers more privacy, yard space, and potential than is typical, which can be a long-term advantage for enjoyment and property value relative to nearby homes.
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