47.5
Below average
Property score
47.5
Below average
Overall 47.5
Smaller than most nearby homes
715 sqft (bottom 15%)
Built in 1928 (20 yrs older than avg)
Located in a above-average income area
with median household income of ~78.5k
Transit 82.0
1-min walk to transit with 2 nearby routes
Within 500m: 1 dining spot, 1 school, 1 healthcare facility, and 8 parks nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
25% smaller than neighborhood avg.
Year Built
Near average
20 yrs older than neighborhood avg.
Mother tongue
English · 68%Tagalog · 9%
Past 10 years King Edward sales snapshot (~80% of all data)
1,128
356.6k
$349/sqft
1948
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47.5 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: #46110239
$79K
Median household income
$87K
Average household income
6%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.6
P90 / P10 ratio
22%
Single-person households
25%
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 Berry Street — 11 amenities found within 500 m, across 4 categories, including 1 dining (nearest 320 m), 1 education (nearest 118 m), 1 healthcare (nearest 374 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%
Local garbage, recycling, and yard waste pickup schedule for 374 Berry Street.
Garbage
friday
Recycling
friday
Yard Waste
friday b
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 20% | Bottom 33% | Bottom 13% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 12% | Bottom 25% | Bottom 9% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Section 1: Key Characteristics & Appeal
This one-storey home on Berry Street in the King Edward neighbourhood presents a classic Winnipeg opportunity centred on land and location. Built in 1928, its 715 sqft living area is notably compact, ranking below average for size both locally and city-wide. The basement exists but is unrenovated. A key asset is the 5,318 sqft lot, which is significantly larger than many in the immediate area, offering ample outdoor space and future potential.
The primary appeal lies in its position as an affordable entry point into the market, underscored by a modest assessed value. It suits practical, value-oriented buyers such as first-time homeowners comfortable with a smaller footprint, or investors looking for a land-hold property with a existing rental unit. Its true value is less about the current condition of the home and more about the possibilities the generous lot affords—whether for expansion, gardening, or long-term redevelopment. It’s a property that asks the buyer to see potential beyond the existing walls.
Section 2: Frequently Asked Questions
1. Is the price reflective of the home's condition?
Likely, yes. The assessed value and historical sold prices are well below city averages for a house. This typically aligns with a property that requires modernization or significant updates, as hinted by the unrenovated basement.
2. What are the real advantages of such a large lot?
Beyond extra yard space, a larger lot in an established neighbourhood is a long-term asset. It provides flexibility for additions like a garage, workshop, or garden suite (subject to zoning), and can be a key factor in the property's future resale or redevelopment value.
3. Who would this home not suit?
It may not suit those needing move-in-ready condition, more interior space, or modern amenities without undertaking renovations. Families requiring multiple bedrooms or more immediate living space might find it too compact.
4. How does the King Edward neighbourhood impact this property?
King Edward is a central, mature neighbourhood. The property's metrics suggest it's a very typical home for the area in terms of age and value, offering a stable, no-frills location rather than an up-and-coming investment hotspot.
5. The sold price history shows a wide range. What does that mean?
The listed price ranges from public data indicate the property has traded at values significantly below the average Winnipeg home. This volatility can be common for smaller, older homes where specific condition, timing, and buyer motivation greatly influence the final price. It underscores the importance of a professional inspection to understand the exact value proposition.
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