40.4
Below average
Property score
40.4
Below average
Overall 40.4
Smaller than most nearby homes
741 sqft (bottom 19%)
Built in 1918 (30 yrs older than avg)
Located in a above-average income area
with median household income of ~74.5k
Transit 74.0
3-min walk to transit with 2 nearby routes
Within 500m: 4 dining spots, 2 schools, 1 healthcare facility, and 2 shops nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
22% smaller than neighborhood avg.
Year Built
Near average
30 yrs older than neighborhood avg.
Mother tongue
English · 69%Tagalog · 13%
Past 10 years King Edward sales snapshot (~80% of all data)
1,128
356.6k
$349/sqft
1948
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40.4 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: #46110246
$75K
Median household income
$85K
Average household income
13%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.9
P90 / P10 ratio
28%
Single-person households
21%
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
411 King Edward Street — 20 amenities found within 500 m, across 6 categories, including 4 dining (nearest 403 m), 2 education (nearest 261 m), 1 healthcare (nearest 457 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 411 King Edward 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 50% | Bottom 47% | Bottom 20% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 43% | Bottom 40% | Bottom 16% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 35% | Bottom 31% | Bottom 12% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 411 King Edward Street, Winnipeg
Key Characteristics & Appeal
This one-and-a-half storey home, built in 1918, presents a straightforward, no-frills opportunity in Winnipeg’s King Edward neighbourhood. With 741 square feet of living space, it is notably compact, ranking below average in size for both the street and the wider city. The home features a detached garage and an unrenovated basement. Its assessed value is modest and sits around the average for the immediate area, though it is well below the citywide average, reflecting its positioning in the market.
The primary appeal lies in its affordability and simplicity. It is a property with clear, manageable scope, free from the premium often attached to modern updates or larger footprints. The lot size, while smaller than many in the city, is fairly typical for the local streetscape. This home would suit a pragmatic, value-conscious buyer—perhaps a first-time purchaser seeking an entry point into the market, an investor looking for a rental property with lower acquisition costs, or someone who prefers a smaller, easier-to-maintain footprint. Its recent sales history suggests steady, gradual appreciation in line with its immediate surroundings, offering a grounded, lower-risk option in a high-priced market.
Frequently Asked Questions
1. How does the living space compare to typical homes?
At 741 sqft, the living area is compact. It ranks below average compared to most homes in Winnipeg, but is more in line with the scale of many older homes in the King Edward area.
2. What does the assessed value indicate?
The assessed value is modest and tracks closely with the average for the King Edward neighbourhood. However, it is significantly lower than the citywide average, highlighting the property’s position as an affordable option within Winnipeg.
3. Is the basement finished?
No, the basement is noted as being unrenovated. This presents potential for future development but would require investment.
4. How stable has the property’s value been?
Available sales data shows the property has sold several times in recent years, with sale prices gradually increasing from 2020 to 2024, indicating stable, modest growth in line with its local market.
5. What is the significance of the lot size?
The lot is approximately 2,900 sqft. This is smaller than the Winnipeg average but fairly typical for the street and neighbourhood, suggesting the property fits the established character of the area without extensive yard maintenance demands.
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