52.2
Fair
Property score
52.2
Fair
Overall 52.2
Smaller than most nearby homes
690 sqft (bottom 11%)
Built in 1954 (6 yrs newer than avg)
Located in a high-income area
with median household income of ~94k
Transit 82.0
1-min walk to transit with 2 nearby routes
Within 500m: 2 dining spots, 1 school, and 6 parks nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
28% smaller than neighborhood avg.
Year Built
Near average
6 yrs newer than neighborhood avg.
Mother tongue
English · 66%Tagalog · 14%
Past 10 years King Edward sales snapshot (~80% of all data)
1,128
356.6k
$349/sqft
1948
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
52.2 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: #46111133
$94K
Median household income
$106K
Average household income
8%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.1
P90 / P10 ratio
26%
Single-person households
23%
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
454 Parkview Street — 9 amenities found within 500 m, across 3 categories, including 2 dining (nearest 475 m), 1 education (nearest 244 m), 6 parks (nearest 197 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 30% | Top 26% | Bottom 38% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 35% | Bottom 41% | Bottom 17% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 454 Parkview Street, Winnipeg
Key Characteristics & Appeal
This one-storey home on Parkview Street in King Edward presents a straightforward opportunity centered on its land and location. At 690 sqft, the living space is notably compact, ranking well below average for the street, neighbourhood, and city. However, the property is balanced by a generous 5,424 sqft lot, which is significantly larger than most in the immediate area. The home itself, built in 1954, is of average vintage for the community and features a renovated basement. Its assessed value is modest and in line with the local area.
The primary appeal lies in this land-to-building ratio. It’s a property where the value is more in the ground than in the structure, making it a potential long-term play for someone comfortable with a smaller footprint. It would suit a pragmatic first-time buyer, an investor looking for a land-hold, or someone seeking a low-maintenance base in a central Winnipeg neighbourhood. The recent sale in late 2024 suggests it’s a move-in ready home, but its true potential may be realized by a buyer who sees the large lot as future space for expansion, gardening, or simply as a rarity in the area.
Frequently Asked Questions
1. Is the house too small?
At 690 sqft, the living area is compact. It’s suitable for a single person, a couple, or someone who prioritizes efficient living and minimal upkeep over spacious interiors. The renovated basement provides additional functional space.
2. Why is the assessed value so much lower than the city-wide average?
The assessed value reflects the property's modest size, age, and its location within the King Edward neighbourhood. It is priced in line with local market norms, not with larger, newer homes in different areas of Winnipeg.
3. What is the significance of the large lot?
The 5,424 sqft lot is a standout feature, being larger than approximately 90% of lots in King Edward. This offers more outdoor space, potential for additions (subject to zoning), and a sense of privacy that is uncommon for properties at this price point.
4. How does the recent sale price compare?
The home sold for between $27.5k and $30.5k in September 2024. This placed it in the top 30% of sale prices for Parkview Street at that time, indicating strong demand for well-priced properties with its specific characteristics in the area.
5. What is the neighbourhood like?
King Edward is an established, central Winnipeg neighbourhood. The property’s direct context on Parkview Street consists of similar vintage, single-family homes. The data shows homes here are typically older and more modest in size, suggesting a stable, no-frills residential area.
Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.
