50.1
Fair
Property score
50.1
Fair
Overall 50.1
Smaller but newer than most nearby homes
775 sqft (bottom 26%)
Built in 1986 (38 yrs newer than avg)
Located in a above-average income area
with median household income of ~81k
Transit 74.0
2-min walk to transit with 2 nearby routes
Within 500m: 2 dining spots, 1 shop, 5 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
Below average
19% smaller than neighborhood avg.
Year Built
Above average
38 yrs newer than neighborhood avg.
Mother tongue
English · 64%Tagalog · 14%
Past 10 years King Edward sales snapshot (~80% of all data)
1,128
356.6k
$349/sqft
1948
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50.1 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: #46110240
$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
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
376 Ferry Road — 9 amenities found within 500 m, across 4 categories, including 2 dining (nearest 189 m), 1 shopping (nearest 189 m), 5 parks (nearest 329 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 49% | Top 42% | Bottom 26% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 376 Ferry Road, Winnipeg
Key Characteristics & Appeal
This bi-level home at 376 Ferry Road in Winnipeg's King Edward neighbourhood presents a practical and affordable entry point into the market. Its key characteristic is its compact efficiency, with 775 sqft of living space and a renovated basement, making it a low-maintenance option. The home is relatively modern for the area, built in 1986, which can mean fewer concerns about aging major systems compared to much of the surrounding housing stock.
The appeal lies in its value positioning. With an assessed value around $23.6k and a recent sold price indicating a very accessible market range, it stands out for its affordability. It suits first-time buyers, investors, or downsizers seeking a straightforward, no-frills property without a large upfront investment or extensive upkeep. A less obvious perspective is its lot size: at 2,470 sqft, the land is below average for the city, which translates to minimal yard maintenance—a potential benefit for those seeking a true lock-and-leave lifestyle or who prioritize interior space over outdoor space. Its "around average" assessments on its own street suggest it fits neatly into the local context without overreaching, offering stability rather than standing out.
Frequently Asked Questions
1. Is this a small house?
Yes, at 775 sqft, the living area is below the average for Winnipeg. This makes it a compact, efficient layout ideal for individuals, couples, or small families.
2. What does the "renovated basement" include?
The listing confirms a renovated basement but does not specify the scope. This would require clarification with the seller or listing agent to understand the finishes and whether it includes additional living space, a suite, or simply updated utilities.
3. How does the assessed value relate to the selling price?
The assessed value for tax purposes is $23.6k. The recent sold price history shows a range from $24.5k to $27.5k, indicating the market price is close to but can vary from the official assessment.
4. There's no garage. Is street parking readily available?
The property has no garage. Given its location on Ferry Road, which is a residential street, parking is likely on-street. Verifying any permit requirements or typical availability with the city would be advisable.
5. The home is newer than many in the area. What are the implications?
Built in 1986, it is newer than many neighbouring homes. This can be an advantage regarding the potential age of roofing, wiring, or plumbing, but a professional inspection is still essential to confirm the condition of all components.
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