Property score
52.9
Fair
Overall 52.9 · Larger but older than most nearby homes
1,072 sqft (top 25%) · Built in 1914 (34 yrs older than avg)
Located in a above-average income area with median household income of ~74.5k
Transit 74.0 · 4-min walk to transit with 2 nearby routes · Within 500m: 6 dining spots, 2 schools, 2 healthcare facilitys, and 4 shops nearby
Living Area
Above average
13% larger than neighborhood avg.
Year Built
Below average
34 yrs older than neighborhood avg.
Mother tongue
English · 69%Tagalog · 13%
Past 10 years King Edward sales snapshot (~80% of all data)
1,128
356.6k
$349/sqft
1948
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
52.9 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: #46110246
$75K
Median household income
$85K
Average household income
13%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.9
P90 / P10 ratio
28%
Single-person households
21%
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 Queen Street — 26 amenities found within 500 m, across 7 categories, including 6 dining (nearest 304 m), 2 education (nearest 395 m), 2 healthcare (nearest 413 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 11% | Bottom 6% | Bottom 3% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 6% | Bottom 4% | Bottom 2% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 387 Queen Street, Winnipeg
Section 1: Key Characteristics & Appeal
This one-and-a-half storey home, built in 1914, presents a classic Winnipeg character property with a practical footprint of 1,072 sqft. It sits on a 3,822 sqft lot in the King Edward neighbourhood, offering a detached garage. The home’s key appeal lies in its position as a genuine entry-point into the market. Its assessed value is notably below averages for the street, area, and city, suggesting a potentially lower purchase price point for a stand-alone house.
The property suits first-time buyers, investors, or handy homeowners looking for a project. Its living space is reasonably sized for the area, and the lot provides typical outdoor space for the neighbourhood. A thoughtful perspective is that this home represents the "bones" of a neighbourhood—a century-old structure that has seen the area evolve. It’s not a renovated showpiece, but a canvas. The appeal is for those who value the opportunity to add their own equity through sweat or investment over time, rather than paying a premium for a finished product. The very low historical sold prices underscore its role as an accessible asset.
Section 2: Frequently Asked Questions
1. What does "below average" assessed value mean for me?
A below-average assessment often correlates with a more accessible purchase price. It can also indicate that the property may require updates or improvements, which is reflected in its official valuation.
2. Is the basement finished?
No. The listing specifies the basement exists but is "not renovated," meaning it is in an unfinished, utility state.
3. How does the lot size compare?
At 3,822 sqft, the lot is slightly larger than the area average but smaller than many on its own street. This offers a decent outdoor space typical for the central neighbourhood, without extensive maintenance demands.
4. The home is 112 years old. What should I consider?
While the structure has proven its durability, a home of this age requires a diligent inspection. Focus on the foundation, roof, wiring, and plumbing. Its historic charm comes with the responsibility of ongoing maintenance and potential updates to meet modern standards.
5. Why are past sold prices shown as a range?
The exact sale prices are not publicly available in Manitoba. The provided ranges are estimates based on publicly accessible data. You can request the precise historical sale figures directly from the listing service.
Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.
