48.8
Below average
Property score
48.8
Below average
Overall 48.8
Smaller than most nearby homes
700 sqft (bottom 13%)
Built in 1946 (2 yrs older 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, 8 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
26% smaller than neighborhood avg.
Year Built
Near average
2 yrs older than neighborhood avg.
Mother tongue
English · 81%Tagalog · 8%
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: #46110253
$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
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
382 Amherst Street — 12 amenities found within 500 m, across 4 categories, including 2 dining (nearest 397 m), 1 shopping (nearest 336 m), 8 parks (nearest 227 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 24% | Bottom 40% | Bottom 17% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 382 Amherst Street, Winnipeg
Key Characteristics & Appeal
This is a compact, one-storey home built in 1946, situated on a generously sized lot in the King Edward neighbourhood. With 700 sqft of living space, the home is notably smaller than average for the city, offering a minimalist footprint. Its appeal lies in its practical updates—specifically a renovated basement—and its strong value proposition within its immediate area. While modest in size, the property holds an assessed value that is above average for its street and neighbourhood, suggesting it is well-regarded in its local context. The lot size of nearly 4,700 sqft is a standout feature for the King Edward area, offering valuable outdoor space and potential.
This home would best suit first-time buyers, downsizers, or pragmatic investors seeking an affordable entry into the market with a low-maintenance layout. Its appeal is grounded in functionality and lot value rather than sheer square footage, making it ideal for those who prioritize location and land over a large interior.
Frequently Asked Questions
1. How does the home's size compare to others?
At 700 sqft, the living area is below the average for Winnipeg. However, it is more in line with the scale of older homes in the King Edward neighbourhood, where many properties are similarly compact.
2. What does the assessed value indicate?
The assessed value of $28,600 is above average for Amherst Street and the King Edward area. This often reflects the home's condition, the renovated basement, and its desirable lot size relative to nearby properties.
3. Is the lot size a significant feature?
Yes. The lot of 4,696 sqft is larger than most in the King Edward neighbourhood. This provides more private outdoor space than is typical and could be a long-term asset for gardening, expansion, or simply enjoying.
4. What can the 2020 sale price range tell me?
The previous sale in the range of $20.5k-$23.5k provides a recent benchmark. Considering the current assessed value, it indicates the property has maintained or increased its market value in the years since.
5. Who would this property not suit?
It may not be ideal for growing families needing multiple bedrooms or those who desire ample indoor living space. Its charm is in its efficiency and lot, so buyers seeking a larger, more modern interior may find it too compact.
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