64.5
Fair
Property score
64.5
Fair
Overall 64.5
Newer than most nearby homes
1,027 sqft (top 31%)
Built in 2022 (74 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
Near average
8% larger than neighborhood avg.
Year Built
Above average
74 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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64.5 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
437 Ferry Road — 8 amenities found within 500 m, across 5 categories, including 2 dining (nearest 363 m), 1 education (nearest 471 m), 1 shopping (nearest 414 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 437 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 | Top 8% | Top 4% | Top 27% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 437 Ferry Road, Winnipeg
Key Characteristics & Appeal
This 2022-built, one-storey home offers a distinctly modern living experience in Winnipeg's King Edward neighborhood. Its primary appeal lies in being a nearly new construction, a rarity for the area, which is predominantly composed of much older homes. With 1,027 sqft of living space and a renovated basement, it provides efficient, move-in-ready space.
The home’s standout feature is its exceptional assessed value relative to its immediate surroundings. It ranks in the top 4% on its street and top 3% in King Edward for this metric, suggesting it is perceived as a high-quality asset compared to neighboring properties. While the lot size is more compact than city averages, this translates to lower maintenance and positions the home as a smart, modern infill property.
This property would best suit a first-time homebuyer or downsizer seeking a newer, low-maintenance home without leaving the city core. It’s also a compelling option for an investor looking for a modern rental property in an established neighborhood, as its newness likely means fewer immediate repairs and strong tenant appeal.
Frequently Asked Questions
1. Is the high assessed value a good sign?
Yes, it generally indicates the municipal assessment recognizes the property's modern build and condition as superior to many older homes in the area. This can be positive for perceived equity, but it's important to review actual property taxes.
2. What does "renovated basement" include?
The listing confirms the basement is renovated but does not specify finishes or whether it includes a legal suite. This is a key detail to clarify with the seller or agent to understand the home's full utility and value.
3. The lot is smaller than average. Is that a drawback?
It depends on your lifestyle. A smaller lot means less yard work and lower outdoor maintenance, which many buyers desire. It does, however, limit potential for large additions or extensive landscaping.
4. How does the 2022 build date affect insurance or warranties?
A home built just four years ago may still have some original builder warranties in effect, which is a significant advantage. It may also qualify for more favorable home insurance rates due to modern construction standards and new systems.
5. The home sold recently in 2022. Why is it back on the market?
The property has a very recent sale history. It's always prudent to ask about the seller's motivation and to investigate if any major work was done since the last purchase, to understand the full story behind the quick turnaround.
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