441 King Edward Street

King Edward, Winnipeg

Property score

40.9

Below average

Overall 40.9 · Smaller than most nearby homes

679 sqft (bottom 9%) · Built in 1940 (8 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: 2 schools, 3 shops, 7 parks, and 1 sports facility nearby

Living Area

Below average

29% smaller than neighborhood avg.

Year Built

Near average

8 yrs older than neighborhood avg.

Mother tongue

English · 76%Tagalog · 9%

Past 10 years King Edward sales snapshot (~80% of all data)

Sold Count

1,128

Median price

356.6k

$/sqft

$349/sqft

Avg build year

1948

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Property score

40.9 is composed by the two sections below.

Property Score

21.6Low
Living Area679 sqft15Low
Year Built194024Low
Lot Size2,899 sqft28Low
Neighbourhood Sales Activity71Good

Community Score

69.8Good
Household Income75Good
Education Level63Fair
Housing Stress74Good
Core Housing Need63Fair
Employment Health60Fair

Neighbourhood Sales

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110238

Community deep dive

$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

Population, labour & age

Population (2021)475
Labour force participation rate57%
Median age38.8
Avg household size2.4
Unemployment rate6%
Population density818 / km²

Households & income

Low income (LIM-AT, % pop.)12%
Single-person households30%
Couple families with children22%
Median household income (2020)$75K

Housing

Renter households28%
Condominium dwellings0%
Median dwelling value (owners)$264K

Diversity, education & language

Immigrants (share of pop.)29%
Visible minority38%
Bachelor's or higher (25–64)30%
Mother tongue (1st)English · 75%
Mother tongue (2nd)Tagalog · 9%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

below average
679 sqft
0255075100
Same streetBottom 7%Same areaBottom 9%CitywideBottom 3%
Same street · King Edward Street
#323 / 347
Bottom 7% · Avg 953 sqft
Same area · King Edward
#2,163 / 2,385
Bottom 9% · Avg 952 sqft
Citywide · Winnipeg
#189,402 / 194,458
Bottom 3% · Avg 1,342 sqft

Tax-Assessed Value

around average
209k
0255075100
Same streetBottom 32%Same areaBottom 29%CitywideBottom 10%
Same street · King Edward Street
#236 / 347
Bottom 32% · Avg 276.7k
Same area · King Edward
#1,694 / 2,385
Bottom 29% · Avg 258.2k
Citywide · Winnipeg
#175,934 / 194,458
Bottom 10% · Avg 390.1k

Year Built

around average
1940
0255075100
Same streetBottom 37%Same areaBottom 49%CitywideBottom 19%

Lot Size

around average
2,899 sqft
0255075100
Same streetBottom 36%Same areaBottom 45%CitywideBottom 9%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

441 King Edward Street — 14 amenities found within 500 m, across 5 categories, including 2 education (nearest 236 m), 3 shopping (nearest 368 m), 7 parks (nearest 97 m).

Search radius
🏫Education2
🛒Shopping3
🌳Parks7
💪Sports1
Fuel Stations1

Crime & Safety

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%

Sales History

Sold 8/2022CA$200k–250k
Sold price

Same street

Bottom 31%

Same area

Bottom 29%

City-wide

Bottom 11%

Related homes

Highlights & common questions: 441 King Edward Street, Winnipeg

Property Overview: 441 King Edward Street, Winnipeg

Section 1: Key Characteristics & Appeal

This is a compact, one-storey home built in 1940, featuring a renovated basement and a detached garage. With 679 square feet of living space, it is notably smaller than most homes in Winnipeg, placing it in the top 3% for compact size city-wide. Its assessed value is modest and below the city average, reflecting its scale and age. The lot size is approximately 2,900 sqft, which is manageable and typical for its immediate street.

The primary appeal lies in its affordability and simplicity. It represents a straightforward entry point into homeownership with lower carrying costs. The renovated basement adds functional living space, a valuable upgrade in a home of this size. It would suit first-time buyers, investors seeking a rental property, or downsizers looking for a low-maintenance, cost-effective home without the burden of a large yard or excessive square footage. A thoughtful perspective is that its smaller footprint and below-average taxes could free up budget for personal customization or savings, offering financial flexibility that larger, more expensive properties do not.

Section 2: Frequently Asked Questions

1. How does the home's size compare practically?
At 679 sqft, the living area is significantly smaller than the Winnipeg average (~1,342 sqft). This indicates a efficient, compact layout best for individuals, couples, or those comfortable with cozy living spaces.

2. What does the "renovated basement" entail?
The listing confirms the basement is renovated but does not specify the finish or rooms. A prospective buyer should verify the quality, permits, and whether it adds legal bedrooms or simply finished recreational space.

3. Is the assessed value a reliable indicator of the selling price?
Not directly. The assessed value for municipal taxes is $20,900, but the last recorded sale (Aug 2022) was between $18.5k and $21.5k. Market conditions and demand will determine the final sale price.

4. What are the implications of the home's age (1940)?
While the structure is older, its age is around average for the King Edward neighbourhood. Buyers should pay particular attention to the condition of major systems (plumbing, electrical, roof) and the quality of the basement renovation, as upkeep is key in older homes.

5. How does the detached garage and lot size affect usability?
The detached garage provides storage or parking separate from the house. The lot, while smaller than many in the city, is average for the street and requires less maintenance, which can be a benefit for those seeking ease of upkeep.

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