372 Ferry Road

King Edward, Winnipeg

63.2

Fair

Overall 63.2

Larger and newer than most nearby homes

1,078 sqft (top 24%)

Built in 2016 (68 yrs newer than avg)

Located in a above-average income area

with median household income of ~81k

Transit 82.0

2-min walk to transit with 2 nearby routes

Within 500m: 2 dining spots, 1 shop, 4 parks, and 1 place of worship nearby

Living Area

Above average

13% larger than neighborhood avg.

Year Built

Above average

68 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

Need help understanding this property?

Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.

Usually replies in a few minutes

Property score

63.2 is composed by the two sections below.

Property Score

56.9Fair
Living Area1,078 sqft52Fair
Year Built201697Excellent
Lot Size2,471 sqft18Low
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

above average
1,078 sqft
0255075100
Same streetTop 25%Same areaTop 24%CitywideBottom 37%
Same street · Ferry Road
#61 / 247
Top 25% · Avg 955 sqft
Same area · King Edward
#577 / 2,385
Top 24% · Avg 952 sqft
Citywide · Winnipeg
#122,733 / 194,458
Bottom 37% · Avg 1,342 sqft

Tax-Assessed Value

above average
351k
0255075100
Same streetTop 19%Same areaTop 9%CitywideBottom 47%
Same street · Ferry Road
#46 / 247
Top 19% · Avg 266.1k
Same area · King Edward
#224 / 2,385
Top 9% · Avg 258.2k
Citywide · Winnipeg
#103,913 / 194,458
Bottom 47% · Avg 390.1k

Year Built

above average
2016
0255075100
Same streetTop 14%Same areaTop 7%CitywideTop 6%

Lot Size

below average
2,471 sqft
0255075100
Same streetBottom 15%Same areaBottom 10%CitywideBottom 4%

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

372 Ferry Road — 8 amenities found within 500 m, across 4 categories, including 2 dining (nearest 178 m), 1 shopping (nearest 174 m), 4 parks (nearest 320 m).

Search radius
🍽️Dining2
🛒Shopping1
🌳Parks4
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%

Sales History

Sold 11/2016CA$250k–300k
Sold price

Same street

Top 35%

Same area

Top 32%

City-wide

Bottom 33%

Related homes

Highlights & common questions: 372 Ferry Road, Winnipeg

Property Overview

This 2016-built bi-level home at 372 Ferry Road offers a modern, low-maintenance living option in Winnipeg's King Edward neighbourhood. Its primary appeal lies in being a relatively new construction in an area dominated by older homes, providing contemporary systems and finishes without the premium often attached to brand-new builds. The 1,078 sqft living space is efficiently laid out and sits above average for both the immediate street and the broader neighbourhood. A key, less obvious characteristic is its land footprint: at 2,471 sqft, the lot is notably smaller than area averages. This translates to minimal yard upkeep—a benefit for some—but limits expansive outdoor space. The home features a renovated basement, adding functional living area, but has no garage.

It would suit first-time buyers seeking a move-in ready, modern home without a hefty price tag, or downsizers looking for a single-level living layout (with basement space) and very little yard maintenance. Its above-average assessed value for the area suggests it is perceived as a solid asset within its immediate context.

Frequently Asked Questions

1. How does the home's age compare to others nearby?
Built in 2016, this home is significantly newer than most in King Edward. It ranks in the top 7% for year built within the neighbourhood, where the average home was built in 1948.

2. Is the living space considered large for the area?
Yes. With 1,078 sqft, the living area ranks in the top 25% on Ferry Road and the top 24% within the King Edward neighbourhood, making it more spacious than most comparable local homes.

3. What should I know about the property size?
The lot is compact at 2,471 sqft, which is below average for the street, neighbourhood, and city. This means lower maintenance but also limited private outdoor space for gardening or expansion.

4. How does its assessed value context inform the asking price?
The home's assessed value ranks in the top 9% for King Edward, indicating it is valued higher than most properties in the area. This typically reflects its newer construction and condition, and can be a useful benchmark when evaluating list price.

5. Where can I find exact historical sold prices?
Exact sold prices are not published in the public listing data. The provider offers to manually share this specific history via email upon request, at no cost and without marketing spam.

Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.