65.9
Good
Property score
65.9
Good
Overall 65.9
Larger and newer than most nearby homes
1,212 sqft (top 14%)
Built in 1961 (13 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 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
Above average
27% larger than neighborhood avg.
Year Built
Above average
13 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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65.9 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
432 Ferry Road — 8 amenities found within 500 m, across 4 categories, including 2 dining (nearest 374 m), 1 shopping (nearest 406 m), 4 parks (nearest 260 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 26% | Top 22% | Bottom 42% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This one-storey home at 432 Ferry Road in Winnipeg's King Edward neighbourhood presents a practical and well-positioned option. Its key appeal lies in offering above-average space and value within its immediate context. The 1,212 sqft living area is notably larger than most comparable homes on Ferry Road and in the wider King Edward area, placing it in the top 14% for size locally. This is complemented by a generous, nearly 5,000 sqft lot, providing ample outdoor space that is less common in the area. A recently renovated basement adds functional living space. The home’s assessed value of $320k sits above average for the street and neighbourhood, suggesting a perception of solid value relative to its peers.
The property suits buyers looking for a single-level layout with room to grow, whether that's for a family, a couple needing a home office, or someone valuing a sizeable yard. It’s a home that outperforms its direct neighbours on key metrics like living area and lot size, offering a sense of space without moving to the city's outskirts. A thoughtful perspective is that while the home is older (built in 1961), it is actually newer than many in King Edward, potentially meaning fewer concerns associated with much older construction. Its city-wide rankings are average, indicating it’s a strong player in its local market rather than a standout across all of Winnipeg.
Frequently Asked Questions
1. How does this home’s size compare to others nearby?
Very favourably. With 1,212 sqft of living space, this home is larger than approximately 86% of comparable properties on Ferry Road and in the King Edward neighbourhood, where the average is around 955 sqft.
2. What is the significance of the lot size?
At 4,906 sqft, the lot is significantly larger than the local average (about 3,581 sqft on Ferry Road). This provides more private outdoor space than is typical for the area, which is a considerable advantage for gardening, recreation, or future expansion.
3. The assessed value is $320k. Is this priced appropriately for the area?
The assessment is above the local average, placing it in the top 25% on its street and top 17% in King Edward. This suggests the property is viewed as having higher value than many surrounding homes, likely due to its larger living area, lot size, and renovated basement.
4. When was it last sold and for how much?
Public records indicate a sale between September 2021, with a price range reported between $295,000 and $325,000. For the exact sale price, you can request the information directly via the listing page.
5. What are the potential considerations with a home from 1961?
While 65 years old, it’s worth noting this home is newer than many in the historic King Edward area. Buyers should still consider the age of major systems (roof, plumbing, electrical) and ensure the renovations, particularly in the basement, were completed with proper permits.
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