407 Amherst Street

King Edward, ਵਿਨੀਪਿਗ

Property score

48.8

Below average

Overall 48.8 · Smaller than most nearby homes

768 sqft (bottom 25%) · Built in 1950 (2 yrs newer 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

ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ

Below average

19% smaller than neighborhood avg.

ਤਰੀਕ ਤੋਂ ਬਣਿਆ

Near average

2 yrs newer than neighborhood avg.

Mother tongue

English · 81%Tagalog · 8%

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

48.8 is composed by the two sections below.

Property Score

31.8Low
ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ768 sqft22Low
ਤਰੀਕ ਤੋਂ ਬਣਿਆ195030Low
ਜ਼ਮੀਨ4,698 sqft60Fair
Neighbourhood Sales Activity71Good

Community Score

74.4Good
Household Income81Excellent
Education Level44Low
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health68Good

ਕਮਿਊਨਿਟੀ ਵਿਕਰੀ ਅੰਕੜੇ

King Edward

How to read: Share of sales in each ~$50k price band for “king edward” (ਡੀਟੈਚਡ ਘਰ (ਕੋਂਡੋ ਨਹੀਂ), 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: #46110253

Community deep dive

$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

Population, labour & age

Population (2021)556
Labour force participation rate66%
Median age38.4
Avg household size2.3
Unemployment rate7%
Population density3971 / km²

Households & income

Low income (LIM-AT, % pop.)8%
Single-person households29%
Couple families with children22%
Median household income (2020)$90K

Housing

Renter households11%
Condominium dwellings0%
Median dwelling value (owners)$250K

Diversity, education & language

Immigrants (share of pop.)12%
Visible minority13%
Bachelor's or higher (25–64)23%
Mother tongue (1st)English · 81%
Mother tongue (2nd)Tagalog · 8%

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

ਰੈਂਕਿੰਗ

ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ

ਔਸਤ
768 sqft
0255075100
Same streetਹੇਠਲੇ 45%Same areaਹੇਠਲੇ 25%Citywideਹੇਠਲੇ 7%
Same street · Amherst Street
#71 / 129
ਹੇਠਲੇ 45% · ਔਸਤ 869 sqft
Same area · King Edward
#1,800 / 2,385
ਹੇਠਲੇ 25% · ਔਸਤ 952 sqft
Citywide · ਵਿਨੀਪਿਗ
#180,149 / 194,458
ਹੇਠਲੇ 7% · ਔਸਤ 1,342 sqft

ਮੁਲਾਂਕਣ ਮੁੱਲ

ਔਸਤ ਤੋਂ ਉੱਪਰ
300k
0255075100
Same streetਟਾਪ 17%Same areaਟਾਪ 25%Citywideਹੇਠਲੇ 29%
Same street · Amherst Street
#22 / 129
ਟਾਪ 17% · ਔਸਤ 267.7k
Same area · King Edward
#593 / 2,385
ਟਾਪ 25% · ਔਸਤ 258.2k
Citywide · ਵਿਨੀਪਿਗ
#137,607 / 194,458
ਹੇਠਲੇ 29% · ਔਸਤ 390.1k

ਤਰੀਕ ਤੋਂ ਬਣਿਆ

ਔਸਤ ਤੋਂ ਉੱਪਰ
1950
0255075100
Same streetਟਾਪ 6%Same areaਟਾਪ 37%Citywideਹੇਠਲੇ 28%

ਜ਼ਮੀਨ

ਔਸਤ ਤੋਂ ਉੱਪਰ
4,698 sqft
0255075100
Same streetਟਾਪ 19%Same areaਟਾਪ 24%Citywideਹੇਠਲੇ 38%

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.

ਆਵਾਜਾਈ ਅਤੇ ਪੈਦਲ ਚੱਲਣਯੋਗਤਾ

ਨੇੜੇ ਦੇ ਸਟਾਪ, ਰੂਟ ਅਤੇ ਟ੍ਰਾਂਜ਼ਿਟ ਸਕੋਰ

Nearby Amenities

Dining, education, healthcare, shopping & more

407 Amherst Street — 10 amenities found within 500 m, across 4 categories, including 2 dining (nearest 443 m), 1 shopping (nearest 404 m), 6 parks (nearest 166 m).

Search radius
🍽️Dining2
🛒Shopping1
🌳Parks6
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%

ਵਿਕਰੀ ਦਾ ਇਤਿਹਾਸ

5/2024 ਵਿਚ ਵਿਕਿਆCA$300k–350k
ਵਿਕਰੀ ਮੁੱਲ

ਉਹੀ ਸਟ੍ਰੀਟ

ਟਾਪ 23%

ਉਹੀ ਇਲਾਕਾ

ਟਾਪ 13%

ਪੂਰਾ ਸ਼ਹਿਰ

ਟਾਪ 49%

Related homes

ਵਿਨੀਪਿਗ 407 Amherst Street — ਵਿਸ਼ੇਸ਼ਤਾ ਅਤੇ ਸੰਬੰਧਿਤ ਸਵਾਲ

Property Overview

This 1950-built, one-storey home at 407 Amherst Street in Winnipeg's King Edward neighbourhood offers a compact 768 sqft of living space with a renovated basement and a detached garage. Its key appeal lies in the combination of a well-sized, above-average lot (4,698 sqft) and a recently updated assessed value that stands out positively within its immediate area. While the house itself is modest in size compared to city averages, it sits on a desirable parcel of land in an established community.

The property is particularly suited to first-time homebuyers or downsizers seeking a lower-maintenance, single-level layout with room to grow outdoors. Its strong assessed value ranking on the street and in the neighbourhood suggests it is perceived as a solid asset in its local market. Investors or renovators might also see potential in the generous lot size relative to the home's footprint. It represents a practical entry into homeownership where the value is anchored more in the land and location than in expansive square footage.

Frequently Asked Questions

1. How does the home's size compare to others nearby?
At 768 sqft, the living area is slightly below the average for King Edward but is fairly typical for Amherst Street itself. The floor plan is compact, emphasizing efficient use of space.

2. Why is the assessed value notably higher than some area averages?
The assessed value of $300k ranks in the top 25% for the King Edward area. This is likely due to a combination of the renovated basement, the substantial lot size, and recent market activity on the street.

3. What is the significance of the lot size?
The 4,698 sqft lot is larger than most in the immediate neighbourhood and on the street. This is a key feature, offering valuable outdoor space, potential for gardening, or future expansion that many newer infill properties lack.

4. Who might this property not suit?
Buyers requiring significant indoor living space, multiple bedrooms, or a modern open-concept layout may find the home's original 1950s footprint and total square footage too confined. It appeals to those who prioritize lot size over house size.

5. How current is the sale price information?
The most recent sale data is from May 2024. For the exact historical sold price, you can request the information directly via the provided email service, which manually supplies verified data.

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