462 Marjorie Street

King Edward, Winnipeg

Property score

58.7

Fair

Overall 58.7 · Older than most nearby homes

1,026 sqft (top 31%) · Built in 1914 (34 yrs older than avg)

Located in a high-income area with median household income of ~94k

Transit 82.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 1 school, and 5 parks nearby

Living Area

Near average

8% larger than neighborhood avg.

Year Built

Below average

34 yrs older than neighborhood avg.

Mother tongue

English · 66%Tagalog · 14%

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

58.7 is composed by the two sections below.

Property Score

40.7Low
Living Area1,026 sqft52Fair
Year Built191416Low
Lot Size2,403 sqft18Low
Neighbourhood Sales Activity71Good

Community Score

85.7Excellent
Household Income82Excellent
Education Level82Excellent
Housing Stress100Excellent
Core Housing Need100Excellent
Employment Health83Excellent

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: #46111133

Community deep dive

$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

Population, labour & age

Population (2021)527
Labour force participation rate75%
Median age39.2
Avg household size2.5
Unemployment rate7%
Population density1197 / km²

Households & income

Low income (LIM-AT, % pop.)8%
Single-person households26%
Couple families with children23%
Median household income (2020)$94K

Housing

Renter households13%
Condominium dwellings0%
Median dwelling value (owners)$268K

Diversity, education & language

Immigrants (share of pop.)31%
Visible minority37%
Bachelor's or higher (25–64)40%
Mother tongue (1st)English · 65%
Mother tongue (2nd)Tagalog · 14%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

above average
1,026 sqft
0255075100
Same streetTop 25%Same areaTop 31%CitywideBottom 29%
Same street · Marjorie Street
#49 / 200
Top 25% · Avg 947 sqft
Same area · King Edward
#734 / 2,385
Top 31% · Avg 952 sqft
Citywide · Winnipeg
#138,697 / 194,458
Bottom 29% · Avg 1,342 sqft

Tax-Assessed Value

around average
227k
0255075100
Same streetBottom 29%Same areaBottom 37%CitywideBottom 13%
Same street · Marjorie Street
#141 / 200
Bottom 29% · Avg 266.5k
Same area · King Edward
#1,494 / 2,385
Bottom 37% · Avg 258.2k
Citywide · Winnipeg
#170,146 / 194,458
Bottom 13% · Avg 390.1k

Year Built

below average
1914
0255075100
Same streetBottom 10%Same areaBottom 21%CitywideBottom 11%

Lot Size

below average
2,403 sqft
0255075100
Same streetBottom 21%Same areaBottom 7%CitywideBottom 3%

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

462 Marjorie Street — 6 amenities found within 500 m, across 2 categories, including 1 education (nearest 168 m), 5 parks (nearest 171 m).

Search radius
🏫Education1
🌳Parks5

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 3/2023CA$200k–250k
Sold price

Same street

Bottom 39%

Same area

Bottom 42%

City-wide

Bottom 18%

Related homes

Highlights & common questions: 462 Marjorie Street, Winnipeg

Property Overview: 462 Marjorie Street, Winnipeg

Key Characteristics & Appeal

This one-and-a-half storey home, built in 1914, presents a classic character property in Winnipeg's King Edward neighbourhood. With 1,026 sqft of living space and a detached garage, its key appeal lies in its context. The home offers above-average interior space for its immediate street, ranking in the top 25% of comparable homes on Marjorie Street. This suggests a relatively spacious layout compared to its closest neighbours. However, its assessed value is notably modest, positioning it as a potentially accessible entry point into the area.

The property suits practical, value-conscious buyers. It’s ideal for a first-time homeowner comfortable with the upkeep of a century-old home, or an investor looking for a character property with a stable baseline value in an established community. A thoughtful perspective is that while the lot size is smaller than city averages, it is fairly typical for the inner-core neighbourhood, offering lower maintenance without sacrificing the benefits of detached home ownership. Its recent sale in 2023 indicates it’s a turnkey property in active market circulation.

Frequently Asked Questions

1. Is this a small house?
It depends on the comparison. Within its own neighbourhood and especially on its street, the living area is actually above average. City-wide, it is smaller than the typical Winnipeg home, which often includes newer suburban properties with larger footprints.

2. Why is the assessed value so much lower than the city-wide average?
The city-wide average assessed value is skewed significantly higher by newer, larger homes in suburban areas. This home’s assessment is much more aligned with older, character homes in established inner-city neighbourhoods like King Edward.

3. What does the sold price history tell me?
The listed range from its March 2023 sale provides a recent market benchmark. For the exact sale price to understand true market value, you must request it directly via the provided email service.

4. What are the implications of the 1914 build date?
A home of this age offers charm and established neighbourhood roots but requires a buyer to be mindful of potential updates. Systems like plumbing, electrical, or the roof may need attention or modernization, which should be factored into budgeting.

5. How does the lot size impact the property?
At 2,403 sqft, the lot is compact. This means less yard maintenance, but also limited space for expansions or large outdoor amenities. It’s a practical urban lot, consistent with the neighbourhood’s density.

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