46.3
Below average
Property score
46.3
Below average
Overall 46.3
Smaller than most nearby homes
676 sqft (bottom 9%)
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: 1 shop, 5 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
29% 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
414 Amherst Street — 7 amenities found within 500 m, across 3 categories, including 1 shopping (nearest 467 m), 5 parks (nearest 106 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 | Top 48% | Top 32% | Bottom 32% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 39% | Top 47% | Bottom 23% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 414 Amherst Street, Winnipeg
Key Characteristics & Appeal
This one-storey home on Amherst Street presents a specific, value-oriented opportunity in Winnipeg's King Edward neighbourhood. Its primary appeal lies in a combination of a generous, above-average lot and a recently renovated basement, contrasted with a modestly sized main living area.
The 676 sqft house is smaller than most in the immediate area and citywide, placing it in the top 82% and 97% for size (meaning 82% and 97% of comparable homes are larger, respectively). However, it sits on a 4,699 sqft lot that is larger than many of its local peers. The assessed value of $270k is around average for the street and neighbourhood but below the citywide average. A key updated feature is the renovated basement, adding functional space. The home is older, built in 1947, but is actually newer than many on its street.
This property would best suit a pragmatic, value-conscious buyer. It's ideal for a first-time homeowner comfortable with a cozy footprint who prioritizes yard space or future expansion potential over immediate square footage. It could also appeal to an investor looking for a character home with a updated basement suite (subject to verification of permits and zoning), or a downsizer seeking a manageable property without sacrificing outdoor space.
Frequently Asked Questions
1. Is the renovated basement a legal suite?
The listing notes a renovated basement but does not specify if it is a legal, secondary suite. This is a crucial point to investigate with the seller and the city for zoning and permit compliance, which affects value, insurance, and utility costs.
2. How does the smaller living area impact value?
The home's living area is below average for the area. This typically positions it as a more affordable entry point into the neighbourhood, but may also influence long-term resale appeal compared to larger homes on the street. The renovated basement helps offset this.
3. What is the significance of the lot size?
The lot is larger than many in King Edward. This is a standout feature that offers valuable outdoor space, potential for gardening, additions, or a detached structure (like a garage or studio), subject to city bylaws.
4. Why is the assessed value ($270k) different from the past sold prices shown (~$23k-$29k)?
The past sold price figures appear to be incomplete data fragments (likely representing only a portion of the transaction). The current assessed value is the city's estimate for taxation purposes and is a more reliable, contemporary benchmark for the property's market value.
5. What are the implications of the home's age (1947)?
While well-maintained, a home of this age will likely have older building components. A thorough inspection is essential to understand the condition of major systems like wiring, plumbing, and the foundation, and to budget for potential updates.
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