379 Parkview Street

King Edward, Winnipeg

Property score

41.0

Below average

Overall 41.0 · Smaller than most nearby homes

660 sqft (bottom 7%) · Built in 1918 (30 yrs older than avg)

Located in a above-average income area with median household income of ~78.5k

Transit 74.0 · 3-min walk to transit with 2 nearby routes · Within 500m: 3 dining spots, 1 school, 1 healthcare facility, and 1 shop nearby

Living Area

Below average

31% smaller than neighborhood avg.

Year Built

Near average

30 yrs older than neighborhood avg.

Mother tongue

English · 68%Tagalog · 9%

Past 10 years King Edward sales snapshot (~80% of all data)

Sold Count

1,128

Median price

356.6k

$/sqft

$349/sqft

Avg build year

1948

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Property score

41.0 is composed by the two sections below.

Property Score

20.0Low
Living Area660 sqft15Low
Year Built191816Low
Lot Size2,713 sqft28Low
Neighbourhood Sales Activity71Good

Community Score

72.5Good
Household Income76Good
Education Level44Low
Housing Stress93Excellent
Core Housing Need88Excellent
Employment Health76Good

Neighbourhood Sales

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110239

Community deep dive

$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

Population, labour & age

Population (2021)712
Labour force participation rate70%
Median age37.6
Avg household size2.7
Unemployment rate9%
Population density3955 / km²

Households & income

Low income (LIM-AT, % pop.)6%
Single-person households22%
Couple families with children25%
Median household income (2020)$79K

Housing

Renter households12%
Condominium dwellings0%
Median dwelling value (owners)$250K

Diversity, education & language

Immigrants (share of pop.)34%
Visible minority37%
Bachelor's or higher (25–64)24%
Mother tongue (1st)English · 67%
Mother tongue (2nd)Tagalog · 9%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

below average
660 sqft
0255075100
Same streetBottom 5%Same areaBottom 7%CitywideBottom 2%
Same street · Parkview Street
#257 / 271
Bottom 5% · Avg 1,002 sqft
Same area · King Edward
#2,222 / 2,385
Bottom 7% · Avg 952 sqft
Citywide · Winnipeg
#190,437 / 194,458
Bottom 2% · Avg 1,342 sqft

Tax-Assessed Value

below average
188k
0255075100
Same streetBottom 11%Same areaBottom 18%CitywideBottom 7%
Same street · Parkview Street
#240 / 271
Bottom 11% · Avg 275.6k
Same area · King Edward
#1,952 / 2,385
Bottom 18% · Avg 258.2k
Citywide · Winnipeg
#181,451 / 194,458
Bottom 7% · Avg 390.1k

Year Built

around average
1918
0255075100
Same streetBottom 40%Same areaBottom 44%CitywideBottom 12%

Lot Size

around average
2,713 sqft
0255075100
Same streetBottom 45%Same areaBottom 40%CitywideBottom 8%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

379 Parkview Street — 15 amenities found within 500 m, across 6 categories, including 3 dining (nearest 225 m), 1 education (nearest 360 m), 1 healthcare (nearest 243 m).

Search radius
🍽️Dining3
🏫Education1
🏥Healthcare1
🛒Shopping1
🌳Parks7
Worship2

Crime & Safety

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%

Sales History

Sold 6/2021CA$200k–250k
Sold price

Same street

Bottom 30%

Same area

Bottom 35%

City-wide

Bottom 14%

Related homes

Highlights & common questions: 379 Parkview Street, Winnipeg

Property Overview: 379 Parkview Street, Winnipeg

Section 1: Key Characteristics & Appeal

This one-storey home on Parkview Street in the King Edward neighbourhood is a compact, no-frills property built in 1918. Its key characteristic is its modest scale, with a living area of 660 sqft that is notably smaller than most homes on its street, in the area, and across Winnipeg. It sits on a standard city lot of just over 2,700 sqft and features a detached garage. The basement exists but is noted as not renovated.

The primary appeal lies in its position as an accessible entry point into the Winnipeg market. With a historically low assessed value and sold price, it represents one of the most affordable homeownership opportunities available. Its appeal is practical rather than luxurious, suited for a buyer with a limited budget, a desire for minimal space to maintain, or an investor looking for a straightforward rental property. A less obvious perspective is that its smaller size and lot, while not for everyone, could align well with a minimalist lifestyle or serve as a strategic hold in a central neighbourhood where land value is the primary long-term driver. This property would best suit first-time buyers prioritizing getting into the market over square footage, hands-on buyers comfortable with a home that may need updates, or investors seeking a low-cost acquisition.

Section 2: Frequently Asked Questions

1. Why is the assessed value so much lower than the city-wide average?
The assessed value reflects the property's specific characteristics, primarily its very small living area (smaller than 98% of homes city-wide) and its age. Value is relative to similar properties, and in this case, it is priced for its modest size and condition.

2. What does "basement, not renovated" typically imply?
This usually indicates the basement is in original or functional condition, but not modernized. It likely has foundational utility—housing the furnace, laundry, and storage—but may have older finishes, lower ceilings, or simply feel dated. It should be inspected for moisture issues common in homes of this era.

3. Is the low price indicative of major problems?
Not necessarily. The price is primarily a reflection of the home's small size and basic condition. However, any home from 1918 requires a thorough inspection. The focus should be on the aging core systems (roof, wiring, plumbing, foundation) rather than cosmetic issues.

4. How does the lot size compare, and what are the implications?
At 2,713 sqft, the lot is around average for King Edward but below the city-wide average. This means outdoor space is limited but manageable. The upside is less maintenance; the trade-off is less potential for expansion or large-scale landscaping compared to properties on larger lots.

5. Who are the most likely competing buyers for this property?
Given its profile, you can expect competition from other first-time buyers seeking affordability, practical-minded downsizers, and local investors. Its price point makes it a rare find, so while it may not attract bidding wars common in higher brackets, it will draw significant interest from budget-conscious buyers.

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