Property score
43.6
Below average
Overall 43.6 · Smaller than most nearby homes
789 sqft (bottom 28%) · Built in 1918 (30 yrs older 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
17% smaller than neighborhood avg.
Year Built
Near average
30 yrs older 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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43.6 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
425 Inglewood Street — 8 amenities found within 500 m, across 4 categories, including 2 dining (nearest 351 m), 1 shopping (nearest 366 m), 4 parks (nearest 269 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 | Bottom 15% | Bottom 14% | Bottom 5% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 425 Inglewood Street, Winnipeg
Section 1: Key Characteristics & Appeal
This is a compact, one-and-a-half storey home built in 1918, situated on a standard city lot in the King Edward neighbourhood. With 789 square feet of living space and an unfinished basement, it presents as a straightforward, no-frills property. Its key appeal lies in its accessibility and potential. The home has a very low assessed value, positioning it well below average for the street, neighbourhood, and city, which suggests it could be an entry point into the market. It last sold in 2016 for a modest price, further indicating its role as a starter home or investment property.
This house would suit a specific type of buyer: a first-time purchaser comfortable with a project, an investor looking for a rental property with fundamental utilities, or someone seeking the absolute minimum footprint and tax burden. Its smaller size and vintage offer a less common perspective—it’s a home that necessitates a simpler lifestyle without excess space to fill or maintain. The appeal isn't in luxury finishes, but in providing basic shelter and a foothold in a central Winnipeg neighbourhood at a potentially manageable cost.
Section 2: Frequently Asked Questions
1. Why is the assessed value so much lower than the city average?
The assessed value is based on the property's specific characteristics—its smaller size, age, and lack of renovations compared to the broader market. It reflects the home's current condition and utility rather than an anomaly.
2. What does "one-and-a-half storey" mean for this house?
Typically, this style features a main floor with living areas and a second floor under sloped roof lines, often creating cozy bedrooms with reduced ceiling height in parts. It's a classic Winnipeg design that makes efficient use of the compact footprint.
3. Is the unfinished basement a drawback?
It depends on your goals. While it doesn't add finished living space, it provides essential utility access and significant storage or future development potential, which is a positive for a hands-on buyer.
4. How does this home compare to others on the street?
The data shows it is around average for age but below average for living area, land size, and value on Inglewood Street. This suggests it's among the more modest homes on the block, which could mean quieter streetscape expectations and lower relative property taxes.
5. What should a buyer prioritize when considering this property?
A thorough inspection is crucial due to the home's age. Focus should be on the integrity of major systems (roof, foundation, plumbing, electrical) and the basement's condition, as these will determine the true cost of ownership beyond the attractive entry price.
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