Property score
53.2
Fair
Overall 53.2 · Larger than most nearby homes
1,054 sqft (top 27%) · Built in 1918 (30 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, 5 parks, and 1 sports facility nearby
Living Area
Above average
11% larger than neighborhood avg.
Year Built
Near average
30 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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53.2 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
453 King Edward Street — 12 amenities found within 500 m, across 5 categories, including 2 education (nearest 244 m), 3 shopping (nearest 339 m), 5 parks (nearest 143 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 | Bottom 18% | Bottom 14% | Bottom 5% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
453 King Edward Street is a one-and-a-half storey home built in 1918, offering a classic footprint with a detached garage. Its key appeal lies in its position as an entry-point property in a well-established Winnipeg neighbourhood. The home presents a specific value proposition, suited to a particular type of buyer.
Key Characteristics & Suitability
This home is defined by its modest scale and historically low property taxes, as indicated by its assessed value which is significantly below averages for the street, neighbourhood, and city. With 1,054 sqft of living space, it is competitively sized for the immediate area but smaller than the typical Winnipeg home. The lot, at 2,900 sqft, is manageable for low-maintenance outdoor space.
Its primary appeal is affordability and opportunity. It represents one of the lower-priced entry points into the King Edward area, ideal for a first-time buyer, an investor, or someone seeking to minimize their property tax burden. The home suits a buyer comfortable with a property of vintage character (108 years old) who views it as a foundation—whether for living simply, undertaking a gradual renovation, or as a rental investment. A less obvious perspective is its potential as a "right-sizing" option for an empty-nester seeking to stay in the broader area but in a smaller, more tax-efficient home without the scale of a modern condo.
Frequently Asked Questions
1. Why is the assessed value so much lower than the city average?
Assessed value is primarily for calculating property taxes and is based on a mass appraisal system. A significantly lower assessment often reflects the home's age, size, and condition compared to newer, larger homes citywide, resulting in a correspondingly lower tax bill.
2. What does the sold price history indicate?
The recorded sale in late 2016 was in a similar price range as the current assessed value. This consistency suggests a stable, low-end market value for this specific property type over time, but does not reflect current market conditions without a more recent sale.
3. Who is this home not well-suited for?
It is likely not a match for buyers seeking a move-in-ready modern home, substantial living space, or a large yard. The vintage and scale suggest a need for comfort with older home layouts and potential maintenance or update projects.
4. How does it compare to the newly built home down the street?
The reference property at 468 King Edward (built 2021) has a similar living area but a much higher assessed value, illustrating the typical cost difference between a century-old home and a new build, reflected in both potential market price and annual property taxes.
5. Is the detached garage a standard feature for the area?
While the data doesn't specify, the presence of a detached garage on a modest lot is a practical asset, often expected in Winnipeg's older neighbourhoods. It provides valuable storage or workshop space that newer infill properties with smaller lots sometimes lack.
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