423 Inglewood Street

King Edward, Winnipeg

Property score

51.0

Fair

Overall 51.0 · Smaller but newer than most nearby homes

783 sqft (bottom 27%) · Built in 1989 (41 yrs newer than avg)

Located in a above-average income area with median household income of ~81k

Transit 74.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 2 dining spots, 1 shop, 4 parks, and 1 place of worship nearby

Living Area

Below average

18% smaller than neighborhood avg.

Year Built

Above average

41 yrs newer than neighborhood avg.

Mother tongue

English · 64%Tagalog · 14%

Past 10 years King Edward sales snapshot (~80% of all data)

Sold Count

1,128

Median price

356.6k

$/sqft

$349/sqft

Avg build year

1948

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Property score

51.0 is composed by the two sections below.

Property Score

36.6Low
Living Area783 sqft22Low
Year Built198978Good
Lot Size2,521 sqft28Low
Neighbourhood Sales Activity71Good

Community Score

72.7Good
Household Income77Good
Education Level44Low
Housing Stress83Excellent
Core Housing Need88Excellent
Employment Health83Excellent

Neighbourhood Sales

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110240

Community deep dive

$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

Population, labour & age

Population (2021)751
Labour force participation rate70%
Median age36.0
Avg household size2.7
Unemployment rate2%
Population density5006 / km²

Households & income

Low income (LIM-AT, % pop.)8%
Single-person households23%
Couple families with children27%
Median household income (2020)$81K

Housing

Renter households16%
Condominium dwellings0%
Median dwelling value (owners)$276K

Diversity, education & language

Immigrants (share of pop.)35%
Visible minority42%
Bachelor's or higher (25–64)24%
Mother tongue (1st)English · 63%
Mother tongue (2nd)Tagalog · 14%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

around average
783 sqft
0255075100
Same streetBottom 35%Same areaBottom 27%CitywideBottom 8%
Same street · Inglewood Street
#113 / 173
Bottom 35% · Avg 922 sqft
Same area · King Edward
#1,740 / 2,385
Bottom 27% · Avg 952 sqft
Citywide · Winnipeg
#178,964 / 194,458
Bottom 8% · Avg 1,342 sqft

Tax-Assessed Value

around average
266k
0255075100
Same streetTop 31%Same areaTop 43%CitywideBottom 21%
Same street · Inglewood Street
#54 / 173
Top 31% · Avg 243.4k
Same area · King Edward
#1,017 / 2,385
Top 43% · Avg 258.2k
Citywide · Winnipeg
#153,852 / 194,458
Bottom 21% · Avg 390.1k

Year Built

above average
1989
0255075100
Same streetTop 14%Same areaTop 17%CitywideTop 23%

Lot Size

below average
2,521 sqft
0255075100
Same streetBottom 25%Same areaBottom 16%CitywideBottom 5%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

423 Inglewood Street — 8 amenities found within 500 m, across 4 categories, including 2 dining (nearest 344 m), 1 shopping (nearest 358 m), 4 parks (nearest 276 m).

Search radius
🍽️Dining2
🛒Shopping1
🌳Parks4
Worship1

Crime & Safety

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%

Sales History

Sold 7/2022CA$300k–350k
Sold price

Same street

Top 11%

Same area

Top 16%

City-wide

Bottom 48%

Related homes

Highlights & common questions: 423 Inglewood Street, Winnipeg

Property Overview: 423 Inglewood Street, Winnipeg

Key Characteristics & Appeal

This bi-level home at 423 Inglewood Street in the King Edward neighbourhood presents a practical and efficient living option. Its key characteristic is a renovated basement, adding valuable finished space to the 783 sqft living area. The home sits on a modest 2,521 sqft lot with a detached garage. Built in 1989, it is notably newer than most homes in its immediate area and across Winnipeg, which suggests potentially fewer concerns with aging major systems compared to its century-old neighbours.

The appeal lies in its position as a relatively modern, low-maintenance property within an established community. It suits first-time buyers or investors seeking an entry point into the market with a move-in-ready basement suite potential (subject to verification), or downsizers looking for a manageable property without the upkeep of a larger lot or an older home. A thoughtful perspective is that while the living and land space are below area averages, this translates to lower utility costs and less exterior maintenance, which can be a significant long-term benefit. The assessed value is consistent with the local area, indicating a fairly priced property in its micro-market, rather than being influenced by city-wide averages that include much newer suburban developments.

Frequently Asked Questions

1. How does the home’s size compare to others nearby?
At 783 sqft, the living area is smaller than the average home on Inglewood Street (922 sqft) and in the King Edward neighbourhood (952 sqft). The renovated basement provides additional functional space.

2. Is the home newer than others in the area?
Yes. Built in 1989, it ranks in the top 14% for year built on its street, meaning it is significantly newer than most surrounding properties.

3. What was the previous sale price?
The home sold in July 2022. The exact sale price is not publicly listed, but available data indicates a range between $31.50k and $34.50k. The precise figure can be requested directly from the site.

4. How does the lot size impact the property?
The 2,521 sqft lot is below average for the street and neighbourhood. This means smaller outdoor maintenance but also limited space for expansions or large landscaping projects.

5. What does the assessed value tell us?
The assessed value of $26.60k is around the average for both Inglewood Street and the King Edward area, suggesting the property is valued in line with its immediate local market rather than broader city trends.

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