46.3
Below average
Property score
46.3
Below average
Overall 46.3
Smaller than most nearby homes
692 sqft (bottom 11%)
Built in 1947 (1 yr 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, 6 parks, and 1 place of worship nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
27% smaller than neighborhood avg.
Year Built
Near average
1 yrs older than neighborhood avg.
Mother tongue
English · 81%Tagalog · 8%
Past 10 years King Edward sales snapshot (~80% of all data)
1,128
356.6k
$349/sqft
1948
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46.3 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: #46110253
$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
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
404 Amherst Street — 10 amenities found within 500 m, across 4 categories, including 2 dining (nearest 453 m), 1 shopping (nearest 404 m), 6 parks (nearest 180 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 | Bottom 42% | Top 43% | Bottom 25% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 27% | Bottom 42% | Bottom 18% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 404 Amherst Street, Winnipeg
Key Characteristics & Appeal
This is a compact, one-storey home built in 1947, situated on a notably generous lot in the King Edward neighbourhood. Its key characteristic is a balance of modest living space (692 sqft) with a larger-than-average land area (4,698 sqft) for its immediate area, offering potential for expansion or outdoor use. The home features a renovated basement, adding functional space. Its appeal lies in its affordability and lot size, presenting an entry point into the market or a land-value opportunity. The assessed value is consistently below the city-wide average, suggesting a lower property tax burden.
It would best suit first-time buyers or practical investors looking for a manageable property with a footprint that allows for future possibilities. The generous lot is a standout asset for someone with gardening ambitions, a need for private outdoor space, or a long-term vision to enlarge the home. It’s a property where the land may hold more inherent value and potential than the current structure.
Frequently Asked Questions
1. How does the size of this home compare to others?
At 692 sqft of living area, this home is smaller than most in Winnipeg, ranking in the bottom 3% city-wide. However, it is more comparable in size to other homes on its own street and within the King Edward neighbourhood.
2. What is the significance of the lot size?
The lot of 4,698 sqft is a key feature. It is larger than approximately 81% of lots on Amherst Street and 76% in the King Edward area, offering more outdoor space than is typical for homes in this price range.
3. What does the assessed value tell me?
The assessed value of $24,800 is below the Winnipeg average. This typically correlates with lower municipal property taxes. It ranks closely with the neighbourhood average, indicating it is priced in line with the local market.
4. Has the property value been stable?
Based on available sold price ranges, the property sold for between $21.5k-$26.5k in 2020 and again for a similar range in 2021, suggesting relative price stability in recent years.
5. What are the less obvious considerations?
While the renovated basement adds value, the main living area is compact, requiring efficient use of space. The home's age (1947) means attention should be paid to the condition of major aging components like the roof and foundation. The large lot is an asset, but it also implies maintenance responsibility.
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