393 Amherst Street

King Edward, Winnipeg

Property score

56.0

Fair

Overall 56.0 · Compared with neighbourhood average

988 sqft (top 35%) · Built in 1946 (2 yrs older than avg)

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

Transit 74.0 · 4-min walk to transit with 2 nearby routes · Within 500m: 2 dining spots, 1 shop, 8 parks, and 1 place of worship nearby

Living Area

Near average

4% larger than neighborhood avg.

Taon ng Paggawa

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)

Sold Count

1,128

Median price

356.6k

$/sqft

$349/sqft

Avg build year

1948

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Property score

56.0 is composed by the two sections below.

Property Score

43.8Low
Living Area988 sqft42Low
Taon ng Paggawa194630Low
Lupa4,700 sqft60Fair
Neighbourhood Sales Activity71Good

Community Score

74.4Good
Household Income81Excellent
Education Level44Low
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health68Good

Istatistika ng benta ng komunidad

King Edward

How to read: Share of sales in each ~$50k price band for “king edward” (Detached na bahay (hindi 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.

Mga ranggo

Living Area

lampas sa average
988 sqft
0255075100
Same streetTop 21%Same areaTop 35%CitywideBottom 25%
Same street · Amherst Street
#27 / 129
Top 21% · Avg 869 sqft
Same area · King Edward
#841 / 2,385
Top 35% · Avg 952 sqft
Citywide · Winnipeg
#145,831 / 194,458
Bottom 25% · Avg 1,342 sqft

Assessed Value

lampas sa average
303k
0255075100
Same streetTop 14%Same areaTop 23%CitywideBottom 30%
Same street · Amherst Street
#18 / 129
Top 14% · Avg 267.7k
Same area · King Edward
#553 / 2,385
Top 23% · Avg 258.2k
Citywide · Winnipeg
#135,931 / 194,458
Bottom 30% · Avg 390.1k

Taon ng Paggawa

lampas sa average
1946
0255075100
Same streetTop 26%Same areaTop 47%CitywideBottom 23%

Lupa

lampas sa average
4,700 sqft
0255075100
Same streetTop 10%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

Mga malapit na hinto, ruta at transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

393 Amherst Street — 12 amenities found within 500 m, across 4 categories, including 2 dining (nearest 368 m), 1 shopping (nearest 315 m), 8 parks (nearest 250 m).

Search radius
🍽️Dining2
🛒Shopping1
🌳Parks8
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%

Kasaysayan ng Benta

Naibenta 9/2024CA$350k–400k
Presyo ng benta

Parehong kalye

Top 18%

Parehong lugar

Top 11%

Buong lungsod

Top 45%
Naibenta 4/2020CA$250k–300k
Presyo ng benta

Parehong kalye

Top 48%

Parehong lugar

Top 32%

Buong lungsod

Bottom 32%

Related homes

Mga tampok at karaniwang tanong: 393 Amherst Street, Winnipeg

Property Overview: 393 Amherst Street, Winnipeg

Section 1: Key Characteristics & Appeal

This well-situated one-storey home in King Edward presents a solid, value-oriented opportunity. Its primary appeal lies in a combination of above-average lot size, recent updates, and strong positioning within its immediate neighbourhood.

The 988 sqft house sits on a 4,700 sqft lot, which is notably larger than most in the area, offering valuable outdoor space and potential. Key features include a renovated basement and a detached garage. The home’s assessed value consistently ranks above average for both Amherst Street and the broader King Edward area, suggesting it is perceived as a premium property within its local context. Recent sale history indicates steady market interest.

This property would suit practical buyers looking for a move-in-ready home with character in an established neighbourhood. It’s ideal for first-time homeowners, small families, or downsizers who prioritize a manageable single-level layout, a generous yard, and the stability of a home that outperforms many of its direct peers in key metrics like lot size and value.

A less obvious perspective is that this home represents a "neighbourhood anchor" – its consistent above-average valuation on its street and in the district hints at a well-maintained property that contributes to and benefits from the stability of its immediate surroundings, rather than just riding city-wide trends.

Section 2: Frequently Asked Questions

1. How does the living space compare to other homes?
At 988 sqft, the living area is above average for Amherst Street and typical for the King Edward neighbourhood, but below the city-wide average. This indicates a comfortable size for the area, suited to efficient living.

2. What does the assessed value ranking tell me?
Ranking in the top 14% on its street and top 23% in King Edward for assessed value indicates the property is consistently valued higher than most comparable homes nearby. This often reflects desirable features, condition, or lot appeal as judged for tax purposes.

3. Is the 1946 build date a concern?
While older, the home is actually newer than many on its street and in the area. The renovated basement suggests some key updates have been made. A thorough inspection is always recommended to understand the condition of major systems.

4. How stable has the property's value been?
Based on the provided sale price ranges, the home sold for significantly more in 2024 than in 2020, showing appreciable growth in that period. Its consistent above-average assessment also suggests sustained value relative to its peers.

5. Who would this property not suit?
Buyers seeking a very large interior space by city standards, or those wanting a brand-new build in a suburban area, may find it less suitable. The appeal here is rooted in established neighbourhood charm, lot size, and local value rather than expansive square footage.

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