71.1
Good
Property score
71.1
Good
Overall 71.1
Larger and newer than most nearby homes
1,388 sqft (top 6%)
Built in 2024 (76 yrs newer than avg)
Located in a high-income area
with median household income of ~90k
Transit 74.0
3-min walk to transit with 2 nearby routes
Within 500m: 2 dining spots, 1 shop, 9 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
46% larger than neighborhood avg.
Year Built
Above average
76 yrs newer 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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71.1 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
374 Amherst Street — 13 amenities found within 500 m, across 4 categories, including 2 dining (nearest 379 m), 1 shopping (nearest 313 m), 9 parks (nearest 193 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 2% | Top 1% | Top 11% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Key Characteristics, Appeal & Ideal Buyer
This two-storey home, built in 2024, is a modern offering in Winnipeg's King Edward neighbourhood. Its primary appeal lies in its new construction status and above-average interior space. With 1,388 sqft of living area, it ranks within the top 6% of homes in the local area for size, providing more room than most nearby comparables. It features a renovated basement, adding to its functional space. The assessed value is notably high for its immediate street and neighbourhood, placing it in the top 2%, which signals strong perceived value relative to its surroundings.
However, the property presents a clear trade-off: the land area is compact at 2,347 sqft, ranking in the bottom 4% on its street. This makes it ideal for buyers who prioritize a modern, low-maintenance home with generous interior square footage over a large yard. It would suit a professional, small family, or downsizer seeking a turn-key property in a central location without the upkeep of an older home or a large lot. The recent sale history suggests stable value in a market where new builds are uncommon.
Frequently Asked Questions
1. Is this a good value for the neighbourhood?
The data suggests it is a premium property within King Edward. Its assessed value is in the elite top 2% for the area, and it sold for a price significantly above the street's average assessed value. You are paying for a modern home in a neighbourhood of predominantly older houses.
2. What are the implications of the smaller lot size?
The lot is significantly smaller than most in the area. This means minimal exterior maintenance but also limited private outdoor space. It's a practical choice for those who don't want yard work, but not for those wanting extensive gardens, play areas, or future expansions.
3. How does the living space compare to a typical Winnipeg home?
City-wide, its living area is just above average. Its standout comparison is locally—it offers substantially more interior space (top 6%) than other homes in the King Edward area, where the average is under 1,000 sqft.
4. There's no garage. Is street parking readily available?
The listing notes no garage. Given the dense, central neighbourhood and compact lot, prospective buyers should investigate on-street parking permits, regulations, and typical availability directly with the city.
5. The home is only two years old. What does that mean for me?
A 2024 build likely means modern building codes, energy efficiency, and minimal immediate repair costs. It also typically comes with the remainder of a new home warranty, a significant advantage over the area's century-old housing stock.
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