397 Roseberry Street

King Edward, Winnipeg

59.6

Fair

Overall 59.6

Larger than most nearby homes

1,030 sqft (top 30%)

Built in 1947 (1 yr older 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: 3 dining spots, 1 school, 1 healthcare facility, and 1 shop nearby

Living Area

Above average

8% larger than neighborhood avg.

Year Built

Near average

1 yrs older than neighborhood avg.

Mother tongue

English · 64%Tagalog · 14%

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

59.6 is composed by the two sections below.

Property Score

50.8Fair
Living Area1,030 sqft52Fair
Year Built194730Low
Lot Size5,424 sqft67Good
Neighbourhood Sales Activity71Good

Community Score

72.7Good
Household Income77Good
Education Level44Low
Housing Stress83Excellent
Core Housing Need88Excellent
Employment Health83Excellent

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: #46110240

Community deep dive

$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

Population, labour & age

Population (2021)751
Labour force participation rate70%
Median age36.0
Avg household size2.7
Unemployment rate2%
Population density5006 / km²

Households & income

Low income (LIM-AT, % pop.)8%
Single-person households23%
Couple families with children27%
Median household income (2020)$81K

Housing

Renter households16%
Condominium dwellings0%
Median dwelling value (owners)$276K

Diversity, education & language

Immigrants (share of pop.)35%
Visible minority42%
Bachelor's or higher (25–64)24%
Mother tongue (1st)English · 63%
Mother tongue (2nd)Tagalog · 14%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

above average
1,030 sqft
0255075100
Same streetTop 29%Same areaTop 30%CitywideBottom 29%
Same street · Roseberry Street
#86 / 293
Top 29% · Avg 963 sqft
Same area · King Edward
#723 / 2,385
Top 30% · Avg 952 sqft
Citywide · Winnipeg
#137,945 / 194,458
Bottom 29% · Avg 1,342 sqft

Tax-Assessed Value

around average
269k
0255075100
Same streetTop 43%Same areaTop 41%CitywideBottom 22%
Same street · Roseberry Street
#125 / 293
Top 43% · Avg 260.8k
Same area · King Edward
#972 / 2,385
Top 41% · Avg 258.2k
Citywide · Winnipeg
#152,544 / 194,458
Bottom 22% · Avg 390.1k

Year Built

around average
1947
0255075100
Same streetTop 38%Same areaTop 43%CitywideBottom 24%

Lot Size

above average
5,424 sqft
0255075100
Same streetTop 13%Same areaTop 10%CitywideTop 45%

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

397 Roseberry Street — 12 amenities found within 500 m, across 6 categories, including 3 dining (nearest 232 m), 1 education (nearest 370 m), 1 healthcare (nearest 352 m).

Search radius
🍽️Dining3
🏫Education1
🏥Healthcare1
🛒Shopping1
🌳Parks5
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 6/2019CA$250k–300k
Sold price

Same street

Bottom 48%

Same area

Top 46%

City-wide

Bottom 24%

Related homes

Highlights & common questions: 397 Roseberry Street, Winnipeg

Property Overview

This one-and-a-half storey home on Roseberry Street in Winnipeg's King Edward neighbourhood presents a practical opportunity. Built in 1947, its key appeal lies in its generous 5,424 sqft lot, which is notably larger than most in the immediate area and offers significant outdoor space or future potential. The 1,030 sqft living area is comfortably above average for the street and neighbourhood. A recently renovated basement adds modern, functional living space. The home’s assessed value is consistent with area norms, suggesting a stable, established setting.

Its appeal is grounded in space and location. It suits a first-time homebuyer or an end-user looking for a character home with a sizable yard in a central neighbourhood, without the premium price of newer or larger city-wide properties. It’s a home for someone who values lot size over sheer interior square footage, and who appreciates a property that is in line with, rather than an outlier from, its community’s value.


Frequently Asked Questions

What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This would be a key point to clarify with the seller or agent to understand the quality and functionality of the space.

How does the assessed value relate to the likely selling price?
The assessed value of $26,900 is a municipal tax valuation. The last recorded sale in 2019 was between $23.5k and $26.5k. The current market price will be influenced by recent sales of comparable homes, condition, and market trends, not the assessment.

Is the detached garage included?
Yes, the property includes a detached garage. The specifics on its size, condition, or features are not detailed in the provided information.

The home is older. What should I consider?
Built in 1947, the home is typical for the area. Prospective buyers should budget for a thorough inspection to assess the condition of major aging components like the roof, plumbing, electrical, and foundation, which are standard considerations for homes of this era.

The lot is large. Are there any restrictions on its use?
The 5,424 sqft lot is a standout feature. It’s wise to verify with the city if there are any easements, rights-of-way, or zoning bylaws that might affect plans for additions, gardens, or other structures.

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