67.9
Good
Property score
67.9
Good
Overall 67.9
Larger than most nearby homes
1,344 sqft (top 8%)
Built in 1946 (2 yrs older than avg)
Located in a above-average income area
with median household income of ~78.5k
Transit 82.0
1-min walk to transit with 2 nearby routes
Within 500m: 1 dining spot, 1 school, 1 healthcare facility, and 8 parks nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Above average
41% larger than neighborhood avg.
Year Built
Near average
2 yrs older than neighborhood avg.
Mother tongue
English · 68%Tagalog · 9%
Past 10 years King Edward sales snapshot (~80% of all data)
1,128
356.6k
$349/sqft
1948
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67.9 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: #46110239
$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
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
388 Berry Street — 11 amenities found within 500 m, across 4 categories, including 1 dining (nearest 372 m), 1 education (nearest 68 m), 1 healthcare (nearest 425 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 388 Berry Street.
Garbage
friday
Recycling
friday
Yard Waste
friday b
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 34% | Top 22% | Bottom 42% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This one-and-a-half storey home at 388 Berry Street in Winnipeg's King Edward neighbourhood presents a practical opportunity with notable space. Built in 1946, its key appeal lies in its generous proportions relative to the area. The 1,344 sqft living area is comfortably above average for both the street and the neighbourhood. A standout feature is the land: at 6,587 sqft, the lot size ranks in the top 4% for King Edward, offering rare outdoor space and potential. The home includes a renovated basement and a detached garage.
Its appeal is grounded in value and space. For the price, you secure more house and significantly more land than is typical for the area. It suits a buyer looking for a solid, no-frills home with room to grow, garden, or simply enjoy privacy. It would particularly fit a practical first-time buyer, someone who values outdoor space over a brand-new build, or an investor seeking a property with a strong land component in an established community.
Frequently Asked Questions
How does the assessed value compare to recent sale prices?
The home was assessed at $25,200, but sold for between $295,000 and $325,000 in October 2024. This large discrepancy is common, as municipal assessments often lag behind market values and use different valuation methods.
What does the "Elite" ranking for land area mean?
This means the property's lot size is larger than approximately 96% of comparable properties in the King Edward neighbourhood. It indicates a rare opportunity for a sizable yard in this area.
Is the renovated basement a legal suite?
The listing notes a renovated basement but does not specify it as a legal secondary suite. Buyers should verify its compliance with local regulations if considering rental income.
How does the home's age affect maintenance?
Built in 1946, the home is older than about 77% of properties citywide. Prospective buyers should budget for and prioritize inspections of older mechanical systems, the roof, and the foundation, common upkeep points for homes of this era.
Why is the living area considered above average, but the assessed value is around average for the area?
The living space is generous for King Edward, but the assessed value incorporates many factors, including the home's age, condition, and specific features. The data suggests you get more square footage per dollar here compared to many neighbourhood listings, which is part of its value proposition.
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