59.6
Fair
Property score
59.6
Fair
Overall 59.6
Newer than most nearby homes
990 sqft (top 35%)
Built in 2017 (69 yrs newer than avg)
Located in a above-average income area
with median household income of ~81k
Transit 82.0
2-min walk to transit with 2 nearby routes
Within 500m: 2 dining spots, 1 shop, 4 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
Near average
4% larger than neighborhood avg.
Year Built
Above average
69 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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59.6 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
422 Ferry Road — 8 amenities found within 500 m, across 4 categories, including 2 dining (nearest 342 m), 1 shopping (nearest 372 m), 4 parks (nearest 285 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 15% | Top 10% | Top 45% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 422 Ferry Road, Winnipeg
Key Characteristics, Appeal & Ideal Buyer
This 990 sqft bi-level home at 422 Ferry Road is defined by its modern foundation and efficient footprint. Built in 2017, it is a notably newer construction compared to most homes in the King Edward neighbourhood and across Winnipeg, offering contemporary building standards and minimal immediate maintenance concerns. The home features a renovated basement, adding to its functional living space. Its assessed value ranks above average for both the street and the neighbourhood, suggesting a perception of solid value within the local market.
The primary appeal lies in this modern move-in readiness within an established area. It suits first-time homebuyers or downsizers seeking a low-maintenance, newer home without a premium suburban price tag. The efficient size and layout are ideal for those who prioritize simplicity and modern systems over expansive square footage. A thoughtful perspective is the lot size: at 2,456 sqft, it is significantly smaller than typical city and neighbourhood lots. This translates to very manageable yard upkeep, which is a notable advantage for buyers seeking minimal exterior maintenance, but less ideal for those dreaming of extensive gardens or outdoor space.
Frequently Asked Questions
1. How does the smaller lot size impact the property?
While the land area is below average for the city and neighbourhood, it means significantly less yard work and lower associated costs. The trade-off is limited private outdoor space, making the home better suited for those who prefer low-maintenance living or utilize nearby public parks.
2. The assessed value seems high for the neighbourhood. Why?
The above-average assessment for King Edward is likely directly tied to the home's modern year of construction (2017) and renovated basement. These features are uncommon in the area, where most homes are decades older, thus commanding a higher valuation from the assessor.
3. Is the living space sufficient for a small family?
At 990 sqft, the living area is around the neighbourhood average. The bi-level design with a renovated basement effectively creates two distinct living floors, which can help maximize the footprint. It is workable for a small family, but those needing multiple large bedrooms or dedicated playrooms may find it compact.
4. What are the implications of having no garage?
The lack of a garage is common for many older neighbourhoods. Buyers should plan for street parking and consider the investment for a shed or alternative storage solutions for tools and seasonal items. The newer construction, however, may include a modern driveway or pad not explicitly mentioned in the brief data.
5. The sold price history shows a range. What is the exact figure?
The provided data shows a sold price range from late 2020. To obtain the exact historical sold price, you must request it directly via the email system provided on the listing page. This is a manual process the site uses to provide accurate data while managing user contact.
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