56.0
Fair
Property score
56.0
Fair
Overall 56.0
Compared with neighbourhood average
987 sqft (top 36%)
Built in 1948
Located in a above-average income area
with median household income of ~81k
Transit 82.0
1-min walk to transit with 2 nearby routes
Within 500m: 2 dining spots, 1 school, 1 shop, and 4 parks nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Near average
4% larger than neighborhood avg.
Year Built
Near average
0 yrs newer 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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56.0 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
421 Ferry Road — 9 amenities found within 500 m, across 5 categories, including 2 dining (nearest 315 m), 1 education (nearest 484 m), 1 shopping (nearest 365 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 421 Ferry Road.
Garbage
friday
Recycling
friday
Yard Waste
friday b
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 33% | Top 31% | Bottom 34% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 421 Ferry Road, Winnipeg
Section 1: Key Characteristics & Appeal
This one-and-a-half storey home, built in 1948, presents a practical opportunity in Winnipeg's King Edward neighbourhood. Its primary appeal lies in its generous, above-average lot size of over 5,300 square feet, offering more outdoor space than most properties on its street and in the immediate area. The living area of 987 sq ft is typical for the locale, suggesting a comfortable, manageable footprint.
The home suits first-time buyers or downsizers seeking an entry into a stable, established neighbourhood without the premium of a newer or larger house. Its assessed value positions it as an affordable option within the city. A thoughtful perspective is that this property represents a "land-value play" in many ways—the lot itself is a significant asset relative to the structure, which could appeal to those with long-term vision, whether for expansion, gardening, or simply enjoying more private outdoor space. The detached garage adds practical utility. It’s a home for those who prioritize location, lot size, and value over modern finishes or extensive square footage.
Section 2: Frequently Asked Questions
1. How does the home’s size compare to others?
At 987 sq ft, the living space is very close to the average for both Ferry Road and the wider King Edward neighbourhood, but is notably smaller than the current city-wide average for homes.
2. Is the assessed value typical for the area?
Yes. The assessed value is around the average for both the street and the King Edward area, indicating it is priced in line with local market norms.
3. What is the most standout feature of this property?
The land area. At 5,372 sq ft, the lot is significantly larger than most comparable properties nearby, ranking in the top 18% on its own street.
4. What should I consider about the home’s age?
Built in 1948, the home is older than many on its street but is typical for the King Edward neighbourhood. Buyers should budget for potential updates common to houses of this era and consider a thorough inspection.
5. How can I find out the exact historical sale prices?
The listed sale price ranges are based on public data. To obtain the exact sold price history, you can request it via email from the listing source, which provides this detail manually.
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