Property score
56.7
Fair
Overall 56.7 · Larger but older than most nearby homes
1,058 sqft (top 26%) · Built in 1908 (40 yrs older than avg)
Located in a above-average income area with median household income of ~75k
Transit 80.0 · 3-min walk to transit with 3 nearby routes · Within 500m: 1 dining spot, 2 schools, 3 shops, and 7 parks nearby
Living Area
Above average
11% larger than neighborhood avg.
Year Built
Below average
40 yrs older than neighborhood avg.
Mother tongue
English · 76%Tagalog · 9%
Past 10 years King Edward sales snapshot (~80% of all data)
1,128
356.6k
$349/sqft
1948
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56.7 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: #46110238
$75K
Median household income
$87K
Average household income
12%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.9
P90 / P10 ratio
30%
Single-person households
22%
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
433 King Edward Street — 15 amenities found within 500 m, across 6 categories, including 1 dining (nearest 490 m), 2 education (nearest 235 m), 3 shopping (nearest 386 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 20% | Top 15% | Bottom 48% |
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 433 King Edward Street presents a distinct opportunity in Winnipeg's King Edward neighbourhood. Its key appeal lies in a substantial, above-average lot size of nearly 5,800 sq ft, offering more outdoor space than most properties on the street and in the wider area. The house itself, with 1,058 sq ft of living space, is modestly sized but competitive for the locale. A notable characteristic is its 1908 construction, making it one of the older homes in the area, which suggests potential for character but also underscores that the basement is unrenovated. The detached garage adds practical utility.
This property would suit a value-conscious buyer looking for a footprint in a central neighbourhood, with priorities leaning more toward land potential than a move-in-ready finish. It’s a candidate for a long-term holder willing to undertake updates over time, or an investor eyeing the value of a large lot in a established community. The home’s assessed value is modest relative to the city-wide average, indicating a lower property tax burden, which is a practical advantage.
Frequently Asked Questions
1. What is the true condition of the home given its age?
The listing explicitly notes the basement is not renovated. Built in 1908, buyers should budget for updates and anticipate maintenance consistent with a century-old home, while also appreciating the potential for original character.
2. How does the large lot size benefit a buyer?
The lot is significantly larger than average for both the street and the King Edward area. This provides ample yard space, greater privacy, and future potential for expansions, gardens, or outdoor living areas that are rare in similarly priced central locations.
3. Why is the assessed value so much lower than the city-wide average?
The assessed value is based on municipal valuation for tax purposes, which heavily factors in the home's age, condition, and local market values. The lower assessment translates to a correspondingly lower annual property tax bill, an important ongoing cost saving.
4. What can the 2022 sale price range tell me?
The previous sale price provides a recent market benchmark. However, as it’s a range from public data, requesting the exact figure from the site is recommended for precise financial planning and offer preparation.
5. Who are the most likely neighbours or comparable buyers?
Given the home’s profile, likely neighbours include a mix of long-term residents in well-kept older homes and newer infill developments (like the referenced 2021 build nearby). Buyers would be those comfortable in a transitioning, unpretentious neighbourhood where land value is a key component of the investment.
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