41.0
Below average
Property score
41.0
Below average
Overall 41.0
Smaller and older than most nearby homes
608 sqft (bottom 3%)
Built in 1912 (36 yrs older than avg)
Located in a above-average income area
with median household income of ~78.5k
Transit 74.0
4-min walk to transit with 2 nearby routes
Within 500m: 5 dining spots, 1 school, 2 healthcare facilitys, and 2 shops nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
36% smaller than neighborhood avg.
Year Built
Below average
36 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
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
Free · No credit card required
41.0 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
376 King Edward Street — 21 amenities found within 500 m, across 7 categories, including 5 dining (nearest 274 m), 1 education (nearest 311 m), 2 healthcare (nearest 325 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 376 King Edward 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 19% | Bottom 14% | Bottom 6% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 12% | Bottom 9% | Bottom 4% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 376 King Edward Street, Winnipeg
Section 1: Key Characteristics & Appeal
This is a modest, one-storey home built in 1912, presenting a straightforward opportunity in Winnipeg’s King Edward neighborhood. Its key characteristic is its affordability, underscored by a very low assessed value that places it in the bottom 15-20% of homes on its street. With 608 square feet of living space, it is notably compact, ranking in the bottom 2-3% for size compared to citywide averages. The home features a detached garage and a full, unrenovated basement on a 2,699 sqft lot.
The primary appeal lies in its position as an entry point into homeownership or as a pragmatic investment vehicle. It suits buyers with limited capital seeking a foothold in the market, or investors looking for a low-cost rental property with minimal initial outlay. A less obvious perspective is its potential for someone seeking a "just enough" home—a minimalist or those wishing to avoid the financial and maintenance burdens of a larger, more modern property. Its age and unrenovated state mean it is not a move-in-ready showpiece, but a canvas for incremental improvement or a steady, low-overhead holding.
Section 2: Frequently Asked Questions
1. Is this a "teardown" property?
Given its age, small size, and low assessed value relative to its land, it’s a possibility some buyers may consider. However, the lot size (2,699 sqft) is below average for the street and area, which may influence redevelopment feasibility.
2. Why is the assessed value so much lower than the citywide average?
The assessed value reflects the home’s age, compact size, and likely condition (including an unrenovated basement). It is consistent with being one of the most affordable properties in its immediate area and citywide.
3. What does "Top 98%" for Living Area mean?
This percentile ranking means the home’s living area is smaller than approximately 98% of comparable homes citywide. It is a very compact dwelling, which is a key factor in its pricing.
4. Can I get the exact historical sale prices?
The listed sale price ranges are based on public data. The exact sale prices are available by request via email from the listing service, which provides them manually without using your email for marketing.
5. What type of ongoing costs should I anticipate?
As a 114-year-old home, maintenance and repair costs should be budgeted for proactively. Heating efficiency, foundational integrity, and updating older electrical or plumbing systems are common considerations for properties of this vintage.
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.
