59.4
Fair
Property score
59.4
Fair
Overall 59.4
Larger but older than most nearby homes
1,266 sqft (top 11%)
Built in 1914 (34 yrs older 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
33% larger than neighborhood avg.
Year Built
Below average
34 yrs older 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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59.4 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
407 Roseberry Street — 11 amenities found within 500 m, across 6 categories, including 3 dining (nearest 263 m), 1 education (nearest 349 m), 1 healthcare (nearest 377 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 8% | Bottom 10% | Bottom 4% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Property Overview: 407 Roseberry Street, Winnipeg
Key Characteristics & Appeal
This one-and-a-half storey home, built in 1914, presents a unique opportunity in Winnipeg's King Edward neighbourhood. Its primary appeal lies in its value proposition and potential. With 1,266 sqft of living space, it offers above-average roominess for both its immediate street and the broader neighbourhood. However, its standout feature is its exceptionally low municipal assessed value of $15,900, which is among the lowest in the city. This indicates a property likely in need of significant updating, as it has a non-renovated basement and no garage.
The home suits specific buyer profiles perfectly. It is an ideal project for an investor or handy homeowner looking for a canvas to renovate to their own taste, with the lot size (2,712 sqft) providing average outdoor space for the area. It also represents a potential entry point into homeownership for a budget-conscious buyer willing to live with or gradually improve its condition. The charm here isn't in move-in readiness, but in the possibility it holds and the statistical rarity of finding a house with this much living space at such a low official valuation.
Frequently Asked Questions
1. Why is the assessed value so much lower than typical homes?
Municipal assessments are based on factors like market value, condition, and characteristics. A value this far below area and city averages strongly suggests the home requires major repairs or updates, which is reflected in the assessment.
2. What does "one & 1/2 storey" mean for this house?
This is a common Winnipeg architectural style, typically featuring a main floor and a second floor with sloped ceilings (under the roofline), often in finished attic spaces. It maximizes space within a classic design.
3. Is the low assessment good for property taxes?
Yes, property taxes are calculated based on the assessed value. A lower assessment generally results in lower municipal tax bills, which can be a significant ongoing saving, especially during a renovation period.
4. What should I consider given the home's age (1914)?
While offering classic character, a home from this era may have outdated plumbing, electrical, insulation, and require foundation or structural attention. A thorough pre-purchase inspection is essential to understand the scope and priority of needed work.
5. How does the living area compare practically?
At 1,266 sqft, it is notably larger than many neighbouring homes (which average ~963 sqft on the street). This means you're getting more interior space than most nearby properties, which could be a strategic advantage once renovated.
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