48.8
Below average
Property score
48.8
Below average
Overall 48.8
Smaller than most nearby homes
700 sqft (bottom 13%)
Built in 1947 (1 yr older 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: 3 dining spots, 1 school, 1 healthcare facility, and 1 shop nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
26% smaller than neighborhood avg.
Year Built
Near average
1 yrs older 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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48.8 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 Parkview Street — 13 amenities found within 500 m, across 6 categories, including 3 dining (nearest 189 m), 1 education (nearest 399 m), 1 healthcare (nearest 273 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 | Bottom 36% | Bottom 43% | Bottom 18% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 376 Parkview Street, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home in King Edward presents a practical opportunity centered on its generous 5,424 sqft lot, which is notably larger than most in the immediate area and neighbourhood. The house itself is compact at 700 sqft of living space, with a renovated basement adding functional square footage. Built in 1947, it is typical for the area's vintage. A detached garage provides additional storage or workshop potential.
The primary appeal lies in the land itself. For a property with an assessed value that is average for the street, you are acquiring an above-average parcel of land. This creates a clear value proposition: the potential for expansion, gardening, or outdoor living in an established inner-city neighbourhood. The renovated basement also adds immediate utility.
This property would suit a first-time buyer or an investor looking for a manageable footprint with a low property tax burden, where future value may be driven by the land. It’s also a fit for someone who prioritizes private outdoor space over a large interior and is comfortable with a home that requires personalization. A less obvious perspective is that for a buyer interested in sustainable living, the large lot offers significant potential for urban gardening or landscaping that a newer, denser subdivision typically cannot.
Section 2: Frequently Asked Questions
1. Is the house in good condition?
The listing confirms a renovated basement, which is a positive sign. However, as a 79-year-old home, a thorough inspection is essential to understand the condition of major systems like the roof, wiring, and plumbing, which are not detailed in the data.
2. Why is the assessed value so much lower than the city-wide average?
The assessed value reflects the property's characteristics (smaller, older home) within its specific market context. It is aligned with averages for King Edward and Parkview Street, indicating it is priced for the local market, not the broader Winnipeg market which includes many newer, larger homes.
3. What can I do with such a large lot?
Beyond a spacious yard, the lot size offers future possibilities like adding an extension, a large garage, or a dedicated garden space. It’s important to first verify all local zoning bylaws and setback requirements with the city.
4. How does the sold history help determine current value?
The home sold in May 2020 for an estimated range of $21.5k-$24.5k. Comparing this to the current assessed value of $26.4k provides a benchmark for market movement over five years, but current local sales of similar homes are the most relevant indicator for today's value.
5. Are the property taxes low?
Yes, based on the assessed value being relatively low, the municipal property taxes would be correspondingly lower than for a higher-valued home, which is a key ongoing cost savings for the owner.
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