395 Amherst Street

King Edward, Winnipeg

Property score

46.3

Below average

Overall 46.3 · Smaller than most nearby homes

692 sqft (bottom 11%) · 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

Below average

27% 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)

Sold Count

1,128

Median price

356.6k

$/sqft

$349/sqft

Avg build year

1948

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Property score

46.3 is composed by the two sections below.

Property Score

27.6Low
Living Area692 sqft15Low
Year Built194630Low
Lot Size4,700 sqft60Fair
Neighbourhood Sales Activity71Good

Community Score

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

Neighbourhood Sales

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.

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.

Rankings

Living Area

below average
692 sqft
0255075100
Same streetBottom 22%Same areaBottom 11%CitywideBottom 3%
Same street · Amherst Street
#100 / 129
Bottom 22% · Avg 869 sqft
Same area · King Edward
#2,114 / 2,385
Bottom 11% · Avg 952 sqft
Citywide · Winnipeg
#187,839 / 194,458
Bottom 3% · Avg 1,342 sqft

Tax-Assessed Value

around average
254k
0255075100
Same streetBottom 33%Same areaTop 49%CitywideBottom 18%
Same street · Amherst Street
#86 / 129
Bottom 33% · Avg 267.7k
Same area · King Edward
#1,179 / 2,385
Top 49% · Avg 258.2k
Citywide · Winnipeg
#159,292 / 194,458
Bottom 18% · Avg 390.1k

Year Built

above average
1946
0255075100
Same streetTop 26%Same areaTop 47%CitywideBottom 23%

Lot Size

above 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

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

395 Amherst Street — 12 amenities found within 500 m, across 4 categories, including 2 dining (nearest 378 m), 1 shopping (nearest 327 m), 8 parks (nearest 251 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%

Sales History

Sold 12/2023CA$250k–300k
Sold price

Same street

Bottom 48%

Same area

Top 35%

City-wide

Bottom 31%

Related homes

Highlights & common questions: 395 Amherst Street, Winnipeg

Property Overview: 395 Amherst Street, Winnipeg

Key Characteristics & Appeal

This is a compact, one-storey home built in 1946, situated on a notably generous lot in the King Edward neighbourhood. Its primary appeal lies in the combination of a renovated basement and a land size that is well above average for both the immediate street and the broader area. With 4,700 square feet of land, the property offers significant outdoor space and potential not typically found with homes of this living area (692 sq ft).

The home suits practical, value-oriented buyers. It would be a fit for a first-time homeowner comfortable with a smaller interior footprint but who values private outdoor space, or an investor looking for a property with a renovated basement suite in a central location. Its assessed value is modest and in line with the local area, suggesting an accessible entry point into the market. A thoughtful perspective is that while the living space is compact, the large lot provides a tangible asset for future expansion, gardening, or simply enjoying more privacy than nearby properties—a trade-off that can be highly desirable.


Frequently Asked Questions

1. How does the home's size compare to others?
The living area of 692 square feet is below average for the city and the local neighbourhood, indicating a compact, efficient layout. The renovated basement provides additional usable space.

2. What is the significance of the lot size?
At 4,700 sq ft, the lot is a standout feature. It ranks in the top 10% on Amherst Street and the top 24% in King Edward, offering much more yard space than most comparable properties.

3. What can the sold price history tell me?
Public data shows it last sold in December 2023 for an estimated range of $25.5k to $28.5k. For the exact historical sold price, you can request the information via email from the listing source.

4. Who might this property not suit?
It may not be ideal for those requiring substantial indoor living space or multiple bedrooms on the main floor, given its smaller square footage. It is best suited for those who prioritize lot size over interior size.

5. Is the assessed value a good indicator of the price?
The assessed value ($25,400) is a municipal valuation for tax purposes and is around average for the immediate area. Market price is influenced by current conditions, the property's unique lot size, and the renovated basement, so it may differ.

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