442 King Edward Street

King Edward, Winnipeg

Property score

46.0

Below average

Overall 46.0 · Older than most nearby homes

865 sqft (bottom 41%) · Built in 1913 (35 yrs older than avg)

Located in a above-average income area with median household income of ~75k

Transit 74.0 · 3-min walk to transit with 2 nearby routes · Within 500m: 2 schools, 3 shops, 7 parks, and 1 sports facility nearby

Living Area

Near average

9% smaller than neighborhood avg.

Year Built

Below average

35 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

46.0 is composed by the two sections below.

Property Score

30.2Low
Living Area865 sqft32Low
Year Built191316Low
Lot Size2,643 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

around average
865 sqft
0255075100
Same streetBottom 39%Same areaBottom 41%CitywideBottom 14%
Same street · King Edward Street
#213 / 347
Bottom 39% · Avg 953 sqft
Same area · King Edward
#1,400 / 2,385
Bottom 41% · Avg 952 sqft
Citywide · Winnipeg
#167,859 / 194,458
Bottom 14% · Avg 1,342 sqft

Tax-Assessed Value

around average
218k
0255075100
Same streetBottom 36%Same areaBottom 34%CitywideBottom 11%
Same street · King Edward Street
#221 / 347
Bottom 36% · Avg 276.7k
Same area · King Edward
#1,585 / 2,385
Bottom 34% · Avg 258.2k
Citywide · Winnipeg
#173,200 / 194,458
Bottom 11% · Avg 390.1k

Year Built

below average
1913
0255075100
Same streetBottom 27%Same areaBottom 15%CitywideBottom 10%

Lot Size

below average
2,643 sqft
0255075100
Same streetBottom 6%Same areaBottom 22%CitywideBottom 7%

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

442 King Edward Street — 14 amenities found within 500 m, across 5 categories, including 2 education (nearest 191 m), 3 shopping (nearest 398 m), 7 parks (nearest 113 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 7/2020CA$200k–250k
Sold price

Same street

Top 50%

Same area

Bottom 47%

City-wide

Bottom 20%

Related homes

Highlights & common questions: 442 King Edward Street, Winnipeg

Property Overview

This one-storey home on King Edward Street is a compact, early 20th-century property that presents a clear value proposition. Its key appeal lies in its affordability and location within a established neighbourhood. With 865 square feet of living space, a 1913 build date, and an unrenovated basement, it is a straightforward, no-frills home. The assessed value is significantly below the Winnipeg city average, indicating a lower property tax burden. The lot, while smaller than most in the area at 2,643 sqft, offers manageable outdoor space.

This property would suit first-time buyers or investors seeking an entry point into the market with minimal upfront holding costs. It’s a practical choice for someone comfortable with a home that may require updates over time, rather than a turn-key solution. A less obvious perspective is its potential for those looking to "right-size"; its smaller footprint could align with a minimalist or low-maintenance lifestyle, avoiding the upkeep of a larger, newer property. Its very average metrics within the immediate area suggest it’s a typical home for this specific street, offering stability rather than standout features.


Frequently Asked Questions

1. Is this a good value for a first-time buyer?
Based on the data, yes. Its assessed value and recent sold price are well below the citywide average, suggesting an accessible entry point and lower property taxes compared to most of Winnipeg.

2. What should I know about the age of the home?
Built in 1913, it is older than most homes in the neighbourhood and city. Buyers should budget for potential updates to older mechanical systems and plan for a thorough inspection to understand the condition of the structure and foundation.

3. The lot seems small. Is that a major drawback?
The land area is smaller than most on the street and in the city. This means lower maintenance, but also less private outdoor space and limited potential for expansions like a large addition or garage.

4. How does the living space compare to nearby homes?
At 865 sqft, it’s slightly below the average for King Edward Street but very close to the average for the immediate neighbourhood. It provides essential living space but lacks the square footage of a typical Winnipeg home.

5. Why is the assessed value so much lower than the city average?
This reflects the home's smaller size, older age, and the specific market values of the King Edward area compared to newer or larger homes across Winnipeg. It's a localized price point, not an indicator of something wrong with the property.

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