72.8
Good
Property score
72.8
Good
Overall 72.8
Larger and newer than most nearby homes
1,480 sqft (top 4%)
Built in 2021 (73 yrs newer than avg)
Located in a above-average income area
with median household income of ~81k
Transit 74.0
3-min walk to transit with 2 nearby routes
Within 500m: 2 dining spots, 1 shop, 5 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
Above average
55% larger than neighborhood avg.
Year Built
Above average
73 yrs newer 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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72.8 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
387 Inglewood Street — 9 amenities found within 500 m, across 4 categories, including 2 dining (nearest 235 m), 1 shopping (nearest 222 m), 5 parks (nearest 320 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 387 Inglewood 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 1% | Bottom 1% | Bottom 1% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 387 Inglewood Street, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home, built in 2021, stands out for its modern foundation in the established King Edward neighbourhood. Its primary appeal lies in being a notably recent and well-sized construction for the area. With 1,480 sqft of living space and a renovated basement, it offers contemporary comfort and space that is rare on its street and in the wider community, where homes are typically much older and smaller.
The data reveals a compelling contrast: this property ranks in the elite top 2-4% locally for its living area, assessed value, and newness, but sits on a relatively modest, average-sized city lot. This positions it as a "best of both worlds" option—delivering a modern, low-maintenance home without the extensive yard upkeep of a larger plot. It would perfectly suit buyers seeking a turn-key, newer build in a central location, particularly those downsizing from a larger property who still desire generous indoor space, or young families wanting a move-in-ready home without the surprises of an older structure. Its detached garage adds practical storage or workshop space, completing a package focused on interior quality and convenience over expansive outdoor land.
Section 2: Frequently Asked Questions
1. Why is the assessed value so much lower than the city-wide average home value?
The assessed value is a municipal calculation for tax purposes and is heavily influenced by the property's location and the values of surrounding homes. In this neighbourhood, assessed values are consistently lower across the board. It does not directly reflect potential market price, which would be influenced by the home's modern features and condition.
2. The home sold for between $6.5k and $9.5k in 2016. Is that correct?
Yes, but that sale almost certainly refers to the vacant land before the current house was built in 2021. The price reflects the lot value at that time, not the value of the existing structure.
3. How does the smaller lot size impact living here?
The lot is efficient, requiring less maintenance than larger city plots. This is often seen as a benefit for those seeking a lower-maintenance lifestyle. However, it may limit options for large additions, pools, or extensive landscaping compared to properties on bigger lots.
4. What does it mean that the home ranks "elite" locally but "around average" city-wide for living space?
This highlights the character of the King Edward area, which consists of many smaller, older homes. This property offers significantly more modern interior space than its immediate neighbours, making it a standout locally. The city-wide average includes many newer suburban homes, which is why it compares as average in that broader context.
5. Is the detached garage a standard feature for homes here?
Given the age of most homes in the area and the lot sizes, a detached garage of this kind is not a standard feature. It is a valuable asset that provides secure parking and extra storage, adding practical utility that many neighbouring properties may lack.
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