457 King Edward Street

King Edward, Winnipeg

Property score

61.0

Fair

Overall 61.0 · Larger and newer than most nearby homes

1,064 sqft (top 26%) · Built in 1963 (15 yrs newer than avg)

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

Transit 80.0 · 4-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

12% larger than neighborhood avg.

Year Built

Above average

15 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

61.0 is composed by the two sections below.

Property Score

55.1Fair
Living Area1,064 sqft52Fair
Year Built196346Low
Lot Size5,801 sqft74Good
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

above average
1,064 sqft
0255075100
Same streetTop 23%Same areaTop 26%CitywideBottom 35%
Same street · King Edward Street
#81 / 347
Top 23% · Avg 953 sqft
Same area · King Edward
#610 / 2,385
Top 26% · Avg 952 sqft
Citywide · Winnipeg
#126,262 / 194,458
Bottom 35% · Avg 1,342 sqft

Tax-Assessed Value

above average
311k
0255075100
Same streetTop 38%Same areaTop 20%CitywideBottom 33%
Same street · King Edward Street
#132 / 347
Top 38% · Avg 276.7k
Same area · King Edward
#477 / 2,385
Top 20% · Avg 258.2k
Citywide · Winnipeg
#131,157 / 194,458
Bottom 33% · Avg 390.1k

Year Built

above average
1963
0255075100
Same streetTop 45%Same areaTop 27%CitywideBottom 45%

Lot Size

above average
5,801 sqft
0255075100
Same streetTop 10%Same areaTop 6%CitywideTop 37%

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

457 King Edward Street — 12 amenities found within 500 m, across 5 categories, including 2 education (nearest 247 m), 3 shopping (nearest 332 m), 5 parks (nearest 153 m).

Search radius
🏫Education2
🛒Shopping3
🌳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 7/2024CA$300k–350k
Sold price

Same street

Top 27%

Same area

Top 19%

City-wide

Bottom 45%
Sold 7/2023CA$250k–300k
Sold price

Same street

Top 35%

Same area

Top 31%

City-wide

Bottom 34%
Sold 11/2020CA$250k–300k
Sold price

Same street

Top 47%

Same area

Top 45%

City-wide

Bottom 24%

Related homes

Highlights & common questions: 457 King Edward Street, Winnipeg

Property Overview & Appeal

This 3-level split home at 457 King Edward Street presents a practical opportunity in Winnipeg's King Edward neighbourhood. Its key characteristic is a generous 5,801 sqft lot, which ranks in the top 10% for the street, offering above-average outdoor space for the area. The 1,064 sqft living area is efficiently laid out and is above average for both the immediate street and the broader King Edward area. A renovated basement adds functional living space. Built in 1963, the home is of a vintage common to the area, and its assessed value is consistent with local norms.

The appeal lies in its balance of a larger-than-typical lot and a home that is competitively sized for its locale, suggesting room for gardening, play, or future expansion. It suits first-time buyers or downsizers looking for a manageable home without sacrificing yard space in an established neighbourhood. A thoughtful perspective is that while the home itself is solidly average in many city-wide metrics, its standout lot size within the local context represents a scarcity value that is not easily replicated, offering a long-term advantage.

Frequently Asked Questions

1. How does the lot size compare to nearby properties?
The lot is a key feature, ranking in the top 10% on King Edward Street and the top 6% within the wider King Edward area. It is significantly larger than the area average of 3,798 sqft, providing substantial outdoor space.

2. What is the significance of the "above average" living area ranking?
While the living area is around the city-wide average, it ranks in the top 26% for the King Edward area. This means the home offers more interior space than many direct neighbourhood comparables, which average about 952 sqft.

3. Has the property value been stable?
Public sold price data shows steady appreciation over recent years, with the last recorded sale in July 2024. Its assessed value is above average for the King Edward area, ranking in the top 20%.

4. What should I know about the home's age and condition?
Built in 1963, the home is newer than many in the King Edward area (where the average year built is 1948). The listing notes a renovated basement, indicating some updates, but a thorough inspection is recommended to understand the condition of major systems and the main living levels.

5. Are there any obvious drawbacks from the data?
The home has no garage, which is common for many older neighbourhoods but is a consideration for parking and storage. Additionally, while the living space is efficient, buyers needing substantial square footage may find it closer to a mid-size layout.

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