Property score
72.1
Good
Overall 72.1 · Larger and newer than most nearby homes
1,535 sqft (top 3%) · Built in 2023 (75 yrs newer than avg)
Located in a above-average income area with median household income of ~75k
Transit 82.0 · 1-min walk to transit with 2 nearby routes · Within 500m: 1 dining spot, 1 school, 1 healthcare facility, and 5 parks nearby
Living Area
Above average
61% larger than neighborhood avg.
Year Built
Above average
75 yrs newer 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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72.1 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
447 Marjorie Street — 8 amenities found within 500 m, across 4 categories, including 1 dining (nearest 439 m), 1 education (nearest 110 m), 1 healthcare (nearest 485 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 1% | Top 1% | Top 11% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This 2023-built, two-storey home on Marjorie Street offers a modern, low-maintenance living experience in Winnipeg's King Edward neighbourhood. Its primary appeal lies in being a nearly new construction with a fully renovated basement, providing immediate comfort without the typical concerns of older homes. With 1,535 sqft of living space on a 2,327 sqft lot, it ranks in the top tier of the local area for both size and newness. The data suggests it suits first-time buyers or downsizers seeking a modern, move-in-ready property in a central location, as well as value-conscious investors attracted by its new condition and strong assessed value relative to nearby older, smaller homes. A thoughtful perspective is its positioning within a streetscape of predominantly century-old properties, offering a distinct, contemporary lifestyle while still contributing to an established community feel.
Frequently Asked Questions
1. How does this home’s value compare to others in the area?
The home’s assessed value and recent sale price are significantly higher than most neighbouring properties, which are largely older and smaller. This reflects its status as a modern build with more space and updated features.
2. Is there potential for future value growth?
As one of the newest homes in a neighbourhood with many heritage-era properties, it may appeal to a specific market segment seeking modern amenities. Its growth will be influenced by broader market trends and how the mix of old and new properties in the area evolves.
3. What are the implications of having no garage?
Buyers should consider their need for vehicle storage and factor in the cost of adding a shed or exploring on-street parking permits, which is common in the area. The trade-off is a larger living area and yard for the lot size.
4. The home sold very recently. Why is it back on the market?
While the specific reason isn’t provided, the recent 2024 sale could be due to various common life events (relocation, change in plans) rather than a property-specific issue, especially given its new condition. A title search and disclosure review would provide clarity.
5. How does the renovated basement affect living space and value?
The finished basement adds functional square footage beyond the main living area, which is a key advantage over comparable newer builds. It provides flexibility for recreation, home office, or guest space, contributing to the home’s overall utility and assessed value.
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