52.1
Fair
Property score
52.1
Fair
Overall 52.1
Newer than most nearby homes
832 sqft (bottom 36%)
Built in 1957 (9 yrs newer than avg)
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 3 parks nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
13% smaller than neighborhood avg.
Year Built
Above average
9 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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52.1 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
429 Ferry Road — 8 amenities found within 500 m, across 5 categories, including 2 dining (nearest 342 m), 1 education (nearest 476 m), 1 shopping (nearest 393 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 429 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 | Bottom 28% | Bottom 29% | Bottom 11% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview & Key Characteristics
This one-storey home at 429 Ferry Road in Winnipeg's King Edward neighbourhood presents a practical, no-frills opportunity. Its key appeal lies in being a squarely average property within its immediate context, offering a sense of stability and predictability. With 832 sqft of living space, a renovated basement, a detached garage, and a 3,758 sqft lot, it covers the fundamentals. The home was built in 1957 and its assessed value is typical for the street and area.
The property suits first-time buyers or pragmatic investors looking for an affordable entry into the market without unexpected extremes. Its rankings show it is consistently middle-of-the-pack on Ferry Road and in King Edward—neither the largest, newest, nor most valuable, but also not at the bottom. This translates to lower competition and price volatility. A thoughtful perspective is that a "renovated basement" in a home of this era and size significantly boosts its functional living area, which is a key asset not fully reflected in the main square footage. The lot size is also slightly larger than many in the area, offering a bit more outdoor space than neighbours.
Frequently Asked Questions
1. Is this a good value for the money?
Based on the data, its assessed value is very typical for King Edward and Ferry Road. You are unlikely to be overpaying for the neighbourhood, but you're also not finding a hidden bargain. The value is in its predictability.
2. What is the neighbourhood like?
King Edward is an established, central neighbourhood. The property's metrics are consistently average for the area, suggesting it's a representative home on a representative street—a good indicator of a stable, mature community.
3. The living area seems small. Is it spacious enough?
At 832 sqft, it is below the city-wide average but typical for the area. The renovated basement effectively adds usable space, making the home more functional than the main floor square footage alone suggests.
4. What are the potential drawbacks?
The home is older (1957), so a thorough inspection for aging components (roof, wiring, plumbing) is essential. While the lot is a good size for the area, it is smaller than the Winnipeg average, which is typical for central neighbourhoods.
5. Why is the city-wide assessed value comparison so different?
The "city-wide" average includes newer suburban homes with much larger lots and square footage, which skews the average higher. For a central neighbourhood like King Edward, the local and street-level comparisons are far more relevant and show this home is aligned with its immediate peers.
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