54.9
Fair
Property score
54.9
Fair
Overall 54.9
Newer than most nearby homes
856 sqft (bottom 40%)
Built in 1977 (29 yrs newer than avg)
Located in a above-average income area
with median household income of ~78.5k
Transit 82.0
2-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
Near average
10% smaller than neighborhood avg.
Year Built
Above average
29 yrs newer than neighborhood avg.
Mother tongue
English · 68%Tagalog · 9%
Past 10 years King Edward sales snapshot (~80% of all data)
1,128
356.6k
$349/sqft
1948
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54.9 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: #46110239
$79K
Median household income
$87K
Average household income
6%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.6
P90 / P10 ratio
22%
Single-person households
25%
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 Marjorie Street — 14 amenities found within 500 m, across 6 categories, including 3 dining (nearest 292 m), 1 education (nearest 240 m), 1 healthcare (nearest 329 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%
Local garbage, recycling, and yard waste pickup schedule for 404 Marjorie Street.
Garbage
friday
Recycling
friday
Yard Waste
friday b
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 20% | Top 17% | Bottom 47% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 30% | Top 24% | Bottom 40% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 404 Marjorie Street, Winnipeg
Key Characteristics & Appeal
This 856 sqft bi-level home at 404 Marjorie Street presents a practical and competitively positioned opportunity in Winnipeg's King Edward neighbourhood. Built in 1977, it is notably newer than many surrounding homes, offering modern construction fundamentals within an established area. The home features a renovated basement and a detached garage.
Its primary appeal lies in its strong value proposition within its immediate context. The assessed value ranks well above average for both the street and the neighbourhood, suggesting a solid investment relative to nearby properties. While the living space is compact citywide, it is typical for the local area, making it an efficient and affordable entry point. The lot size is also standard for the locale, providing adequate outdoor space without the maintenance burden of a larger yard.
This property would suit first-time buyers or practical investors seeking a manageable, low-maintenance home in a central neighbourhood. It’s particularly suited for those who prioritize modern systems (thanks to its newer build year) and value stability over sheer size, as the data indicates it holds its value well compared to direct neighbours.
Frequently Asked Questions
1. How does this home’s value compare to others nearby?
The home’s assessed value is in the top 16% for the King Edward neighbourhood, meaning it is valued higher than most comparable homes nearby. This often indicates desirable features, updates, or a premium lot.
2. Is the living space smaller than average?
While below the city-wide average for living area, the home is actually around the average size for both Marjorie Street and the King Edward neighbourhood. It represents a typical, efficient footprint for the area.
3. What does the "above average" year built mean for me?
Built in 1977, the home is significantly newer than the neighbourhood average (which is circa 1948-1950). This can translate to newer wiring, plumbing, and structural components, potentially reducing immediate repair costs.
4. What is the history of sold prices for this home?
Public records show previous sales in 2019 and 2021. For precise sold prices, you can request the exact figures via email from the listing source.
5. Who might this property not suit?
Buyers needing extensive space or a large city-standard yard may find it limiting. Its strengths are best appreciated by those comparing it within the local market context rather than to newer suburban developments.
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