64.1
Fair
Property score
64.1
Fair
Overall 64.1
Larger and newer than most nearby homes
1,034 sqft (top 30%)
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
9% 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
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64.1 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
400 Parkview Street — 13 amenities found within 500 m, across 6 categories, including 3 dining (nearest 279 m), 1 education (nearest 319 m), 1 healthcare (nearest 352 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 5% | Top 3% | Top 22% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 400 Parkview Street, Winnipeg
Section 1: Key Characteristics & Appeal
This bi-level home at 400 Parkview Street is a modern property built in 2019, offering a renovated basement and 1,034 square feet of living space. Its standout feature is its exceptional value proposition within the established King Edward neighbourhood. While the living space and land size (2,712 sqft) are generally on par with local averages, the home’s assessed value ranks in the top 4% of the area, indicating a highly favourable municipal valuation compared to nearby properties. This suggests a well-maintained, modern home in a neighbourhood where many houses are significantly older.
The appeal lies in acquiring a contemporary, low-maintenance property without sacrificing location. It suits first-time buyers looking for a move-in-ready home without the worries of aging infrastructure, or investors attracted by the strong assessed value and modern build in a stable area. A thoughtful perspective is that this home offers a "best of both worlds" scenario: the character and maturity of the King Edward community, combined with the efficiency and modern systems of a new build, potentially translating to lower immediate repair costs and updated living standards.
Section 2: Frequently Asked Questions
1. How does the sold price history inform the current value?
The property sold in July 2024 for an estimated $43.5k to $46.5k, which was significantly above the average for the street and area at that time. This recent sale, well above the assessed value, underscores strong market demand for this modern home in the context of its neighbourhood.
2. What does the high assessed value ranking mean for me?
Ranking in the top 4% in King Edward for assessed value means the city views this property as one of the most valuable in the area. This can be a positive indicator of the property’s condition and modern amenities relative to its peers, though it’s important to note that municipal assessment and market value are calculated differently.
3. Is the land size a drawback?
At 2,712 sqft, the lot is smaller than the Winnipeg citywide average but is fairly typical for the King Edward neighbourhood. It provides a manageable outdoor space suitable for a patio or small garden, aligning with a low-maintenance lifestyle.
4. Who are the typical neighbours in terms of housing?
The nearby comparable properties are a mix of century-old homes and a few very new builds (like 447 Marjorie Street, built 2023). This indicates a neighbourhood in a subtle state of evolution, where older homes exist alongside modern infill developments.
5. What are the practical implications of the bi-level design with a renovated basement?
The bi-level layout typically offers good separation between living and sleeping areas. The renovated basement adds significant functional living space, which could serve as a family room, home office, or additional bedrooms, effectively increasing the usable area beyond the stated square footage.
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