69.2
Good
Property score
69.2
Good
Overall 69.2
Larger and newer than most nearby homes
1,166 sqft (top 16%)
Built in 2019 (71 yrs newer 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
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Above average
22% larger than neighborhood avg.
Year Built
Above average
71 yrs newer than neighborhood avg.
Mother tongue
English · 64%Tagalog · 14%
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
69.2 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: #46110240
$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
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
398 Parkview Street — 13 amenities found within 500 m, across 6 categories, including 3 dining (nearest 270 m), 1 education (nearest 325 m), 1 healthcare (nearest 345 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 | Top 3% | Top 2% | Top 16% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 398 Parkview Street, Winnipeg
Section 1: Key Characteristics & Appeal
This 2019-built bi-level home on Parkview Street in King Edward offers a compelling blend of modern construction and established neighbourhood character. Its key appeal lies in its relative newness within a historic area, providing contemporary living without sacrificing location. With 1,166 sqft of living space and a renovated basement, it offers practical, move-in-ready space.
The home’s standout feature is its exceptional assessed value, ranking in the top 4% on its street and top 2% in King Edward. This suggests a property that has been significantly upgraded or is assessed on a different basis than many older neighbours, which can be a point of strength. The lot is a comfortable size for the area, offering outdoor space without excessive maintenance.
This property would suit buyers looking for a modern, low-maintenance home in a central Winnipeg neighbourhood, particularly those who value newer mechanical systems and building envelopes. It’s also a strong fit for data-driven buyers who appreciate the objective metrics showing its standout assessed value and above-average living area for the immediate locale.
Section 2: Frequently Asked Questions
1. Why is the assessed value so high compared to nearby homes?
The assessed value of $44.70k is elite for King Edward. This is primarily due to the home being built in 2019, making it significantly newer than the neighbourhood average (often homes from the early 1900s). Modern construction, materials, and systems are valued higher by assessors.
2. What does the "bi-level" design mean for daily living?
A bi-level typically features a main living area accessed by a short flight of stairs from the entry, with bedrooms often on that level, and a lower-level living space (here, a renovated basement) accessed by another short flight. It offers good separation of space but involves more stairs than a bungalow.
3. How does the living space compare practically?
At 1,166 sqft, it offers more room than the average home on Parkview Street (~1,002 sqft) and in King Edward (~952 sqft). For a 2019 build, this is an efficient, modern layout. It’s smaller than the city-wide average, which reflects its location in a more established, central neighbourhood.
4. There's no garage. What are parking options?
The listing indicates no garage. This is common for many homes in older neighbourhoods. Parking would be via on-street permit parking or a potential driveway if space on the 4,340 sqft lot allows for one to be added, subject to city bylaws.
5. The sold price history shows a range. What does that mean?
The listed range (e.g., $48.50k ~ $51.50k for 7/2024) is an estimate from public data. To obtain the exact sale price, you must request it directly from the source (as noted on the detail page). This is often due to the way sale data is reported in Manitoba.
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.
