381 Amherst Street

King Edward, Winnipeg

Property score

69.4

Good

Overall 69.4 · Larger than most nearby homes

1,568 sqft (top 2%) · Built in 1949 (1 yr newer than avg)

Located in a high-income area with median household income of ~90k

Transit 74.0 · 3-min walk to transit with 2 nearby routes · Within 500m: 2 dining spots, 1 shop, 9 parks, and 1 place of worship nearby

Living Area

Above average

65% larger than neighborhood avg.

Year Built

Near average

1 yrs newer than neighborhood avg.

Mother tongue

English · 81%Tagalog · 8%

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

69.4 is composed by the two sections below.

Property Score

66.0Good
Living Area79
1,568 sqftGood
Year Built30
1949Low
Lot Size60
4,701 sqftFair
Neighbourhood Sales Activity71
Good

Community Score

74.4Good
Household Income81
Excellent
Education Level44
Low
Housing Stress83
Excellent
Core Housing Need100
Excellent
Employment Health68
Good

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: #46110253

Community deep dive

$90K

Median household income

$93K

Average household income

8%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.7

P90 / P10 ratio

29%

Single-person households

22%

Families with children

Population, labour & age

Population (2021)556
Labour force participation rate66%
Median age38.4
Avg household size2.3
Unemployment rate7%
Population density3971 / km²

Households & income

Low income (LIM-AT, % pop.)8%
Single-person households29%
Couple families with children22%
Median household income (2020)$90K

Housing

Renter households11%
Condominium dwellings0%
Median dwelling value (owners)$250K

Diversity, education & language

Immigrants (share of pop.)12%
Visible minority13%
Bachelor's or higher (25–64)23%
Mother tongue (1st)English · 81%
Mother tongue (2nd)Tagalog · 8%

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

Rankings

Living Area

Elite
1,568 sqft
0255075100
Same streetTop 3%Same areaTop 2%CitywideTop 27%
Same street · Amherst Street
#4 / 129
Top 3% · Avg 869 sqft
Same area · King Edward
#51 / 2,385
Top 2% · Avg 952 sqft
Citywide · Winnipeg
#52,306 / 194,458
Top 27% · Avg 1,342 sqft

Tax-Assessed Value

above average
342k
0255075100
Same streetTop 6%Same areaTop 11%CitywideBottom 43%
Same street · Amherst Street
#8 / 129
Top 6% · Avg 267.7k
Same area · King Edward
#265 / 2,385
Top 11% · Avg 258.2k
Citywide · Winnipeg
#110,124 / 194,458
Bottom 43% · Avg 390.1k

Year Built

above average
1949
0255075100
Same streetTop 10%Same areaTop 38%CitywideBottom 27%

Lot Size

above average
4,701 sqft
0255075100
Same streetTop 8%Same areaTop 24%CitywideBottom 38%

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

381 Amherst Street — 13 amenities found within 500 m, across 4 categories, including 2 dining (nearest 333 m), 1 shopping (nearest 270 m), 9 parks (nearest 193 m).

Search radius
🍽️Dining2
🛒Shopping1
🌳Parks9
Worship1

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 10/2022CA$400k–450k
Sold price

Same street

Top 10%

Same area

Top 5%

City-wide

Top 33%

Related homes

Highlights & common questions: 381 Amherst Street, Winnipeg

Property Overview: 381 Amherst Street, Winnipeg

Key Characteristics & Appeal

This two-storey home on Amherst Street presents a compelling opportunity in Winnipeg's King Edward neighborhood. Its primary appeal lies in offering above-average space and value within its immediate context. With 1,568 sqft of living area, the home is significantly larger than most on its street and in the local area, placing it in the top tier for size. It sits on a generous 4,701 sqft lot, providing ample outdoor space that is also above the local norm. The assessed value is proportionally higher than nearby homes, reflecting its relative stature.

The home suits practical buyers looking for established character and space without a premium city-wide price tag. It’s ideal for someone who values a strong position within a specific community—enjoying a home that stands out locally for its size and lot—rather than competing in the broader city market. The detached garage and full basement add functional utility. A thoughtful perspective is that its 1949 build date, while older, is actually newer than many area homes, suggesting potentially updated infrastructure or a different architectural evolution. This isn't a renovated showcase; its appeal is rooted in solid fundamentals and room to grow.


Frequently Asked Questions

1. How does this home truly compare in value?
While its assessed value is above average for the street and area, it remains around the median city-wide. This indicates you are acquiring a relatively large property for the neighborhood without the peak city-wide price, often a hallmark of value in established communities.

2. What does the "unrenovated basement" imply?
It means the basement is functional and included in the living area square footage, but it presents as a blank canvas. This is a key consideration for buyers weighing move-in readiness against the potential to add value and customize to their needs.

3. The sold price history shows a range. What's the exact figure?
The provider publishes approximate ranges from public data. To obtain the exact historical sold price, you must request it directly via email. They have a policy of manually providing this detail without using your contact information for marketing.

4. Is the lot size a major advantage?
Yes, particularly in this context. The lot is in the top 8% on Amherst Street. In older, central neighborhoods, a larger lot is a lasting asset that provides more privacy, outdoor space, and potential than surrounding properties, which is difficult to replicate.

5. Who are the most likely buyers for this property?
It best suits buyers who prioritize interior and exterior space over turn-key renovation. This includes families needing room, value-oriented investors looking at solid fundamentals, or owners willing to undertake projects over time to tailor the home to their tastes.