456 King Edward Street

King Edward, Winnipeg

Property score

55.4

Fair

Overall 55.4 · Newer than most nearby homes

892 sqft (bottom 46%) · Built in 2015 (67 yrs newer 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, 2 shops, 5 parks, and 1 sports facility nearby

Living Area

Near average

6% smaller than neighborhood avg.

Year Built

Above average

67 yrs newer 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

55.4 is composed by the two sections below.

Property Score

45.8Low
Living Area892 sqft32Low
Year Built201594Excellent
Lot Size2,705 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
892 sqft
0255075100
Same streetBottom 44%Same areaBottom 46%CitywideBottom 16%
Same street · King Edward Street
#196 / 347
Bottom 44% · Avg 953 sqft
Same area · King Edward
#1,287 / 2,385
Bottom 46% · Avg 952 sqft
Citywide · Winnipeg
#164,001 / 194,458
Bottom 16% · Avg 1,342 sqft

Tax-Assessed Value

above average
320k
0255075100
Same streetTop 35%Same areaTop 17%CitywideBottom 36%
Same street · King Edward Street
#121 / 347
Top 35% · Avg 276.7k
Same area · King Edward
#404 / 2,385
Top 17% · Avg 258.2k
Citywide · Winnipeg
#125,394 / 194,458
Bottom 36% · Avg 390.1k

Year Built

Elite
2015
0255075100
Same streetTop 5%Same areaTop 9%CitywideTop 7%

Lot Size

below average
2,705 sqft
0255075100
Same streetBottom 20%Same areaBottom 26%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

456 King Edward Street — 11 amenities found within 500 m, across 5 categories, including 2 education (nearest 206 m), 2 shopping (nearest 370 m), 5 parks (nearest 130 m).

Search radius
🏫Education2
🛒Shopping2
🌳Parks5
💪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 10/2016CA$250k–300k
Sold price

Same street

Top 35%

Same area

Top 30%

City-wide

Bottom 34%

Related homes

Highlights & common questions: 456 King Edward Street, Winnipeg

Property Overview: 456 King Edward Street

Key Characteristics, Appeal & Ideal Buyer

This bi-level home at 456 King Edward Street is a modern property built in 2015, making it notably newer than most homes in its immediate area and across Winnipeg. Its primary appeal lies in this contemporary construction, which suggests fewer immediate maintenance concerns and potentially more modern building standards and finishes. The home features a renovated basement and a living area of 892 sqft, which is quite compact but typical for the King Edward neighbourhood.

The property presents a study in contrasts. While the house itself is modern and well-positioned within its local market for assessed value, it sits on a smaller lot (2,705 sqft). This could be seen as a trade-off: you gain a newer home but have less outdoor space than many neighbours. Its assessed value of $320k is strong for the King Edward area, indicating it is viewed as an above-average property locally. This home would likely suit a first-time buyer or downsizer who prioritizes a modern, low-maintenance home in a central neighbourhood over expansive square footage or a large yard. It’s for someone who values the practical benefits of a newer build and is comfortable with efficient, cozy living spaces.


Frequently Asked Questions

1. How does the home’s size compare to others?
At 892 sqft, the living area is very close to the average for the King Edward neighbourhood (~952 sqft). However, it is significantly smaller than the typical Winnipeg home, which averages around 1,342 sqft.

2. What does the "Elite" ranking for Year Built mean?
This means the 2015 build date places this home in the top 5% of properties on its street for newness, as many nearby homes are much older, with a street average build year of 1957.

3. Is the lot size a concern?
The land area is below average for the street, neighbourhood, and city. This means the yard is likely compact. For buyers seeking ample outdoor space, it’s a consideration; for those wanting less yard work, it could be a benefit.

4. Why is the assessed value considered "above average" locally?
With an assessed value ranking in the top 17% for the King Edward area, the property is valued higher than most comparable homes nearby. This is likely driven by its newer construction and renovated basement, offsetting its smaller size.

5. What can nearby sales tell us?
A directly neighbouring property at 468 King Edward, built even more recently in 2021, provides a useful benchmark. While that home is slightly larger, its presence confirms the appeal and value of newer builds on this street.

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