463 Ferry Road

King Edward, Winnipeg

66.0

Good

Overall 66.0

Newer than most nearby homes

968 sqft (top 38%)

Built in 1995 (47 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: 1 dining spot, 1 school, and 4 parks nearby

Living Area

Near average

2% larger than neighborhood avg.

Year Built

Above average

47 yrs newer 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

66.0 is composed by the two sections below.

Property Score

52.9Fair
Living Area968 sqft42Low
Year Built199581Excellent
Lot Size4,027 sqft53Fair
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

around average
968 sqft
0255075100
Same streetTop 38%Same areaTop 38%CitywideBottom 23%
Same street · Ferry Road
#95 / 247
Top 38% · Avg 955 sqft
Same area · King Edward
#895 / 2,385
Top 38% · Avg 952 sqft
Citywide · Winnipeg
#149,685 / 194,458
Bottom 23% · Avg 1,342 sqft

Tax-Assessed Value

above average
296k
0255075100
Same streetTop 32%Same areaTop 26%CitywideBottom 28%
Same street · Ferry Road
#80 / 247
Top 32% · Avg 266.1k
Same area · King Edward
#632 / 2,385
Top 26% · Avg 258.2k
Citywide · Winnipeg
#139,773 / 194,458
Bottom 28% · Avg 390.1k

Year Built

above average
1995
0255075100
Same streetTop 27%Same areaTop 16%CitywideTop 20%

Lot Size

around average
4,027 sqft
0255075100
Same streetTop 37%Same areaTop 41%CitywideBottom 26%

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

463 Ferry Road — 6 amenities found within 500 m, across 3 categories, including 1 dining (nearest 469 m), 1 education (nearest 460 m), 4 parks (nearest 165 m).

Search radius
🍽️Dining1
🏫Education1
🌳Parks4

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 1/2024CA$300k–350k
Sold price

Same street

Top 20%

Same area

Top 16%

City-wide

Bottom 48%

Related homes

Highlights & common questions: 463 Ferry Road, Winnipeg

Property Overview: 463 Ferry Road, Winnipeg

Section 1: Key Characteristics & Appeal

This bi-level home at 463 Ferry Road presents a practical and well-positioned opportunity in Winnipeg's King Edward neighbourhood. Its key appeal lies in its balance of relative modernity, efficient size, and a location that offers solid value within its immediate context.

Built in 1995, the home is notably newer than many in the area and across the city, suggesting potentially fewer concerns with aging major systems compared to the neighbourhood's average home from the 1950s. With 968 sqft of living space and a renovated basement, it offers functional space for a small household. The lot size is typical for the street, providing manageable outdoor space without excessive upkeep.

The home’s strength is its strong standing within the local context. It ranks above average in King Edward for both assessed value and year built, meaning it represents a relatively newer and more valuable property in this specific community. Its recent sale in early 2024 also provides a clear, current market benchmark. This property would suit first-time buyers or downsizers seeking a low-maintenance, move-in-ready home (thanks to the renovated basement) in an established neighbourhood without a premium city-wide price tag. It’s a pragmatic choice for someone whose lifestyle is focused more on the local community than on a large lot or expansive square footage.

Section 2: Frequently Asked Questions

1. How does this home compare to others on Ferry Road?
The data shows it is very much in line with its immediate neighbours. Its living area, land size, and assessed value are all around the average for Ferry Road, but it stands out for being newer than most homes on the street.

2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. This is a key detail to clarify with the seller or agent, as it could range from cosmetic updates to a fully developed living space, impacting the home's functional square footage.

3. Why is the city-wide assessed value comparison so different?
The home’s assessed value is below the Winnipeg average because that average is skewed higher by more expensive properties in other areas. This highlights the property's value as an affordable entry into the market within a specific, established neighbourhood like King Edward.

4. There's no garage. What are the parking options?
The listing notes no garage. Prospective buyers should investigate on-street parking permits, driveway potential, or any common parking arrangements typical for the street.

5. You mention a 2024 sale. Can I get the exact price?
The exact sold price is not publicly displayed in the data. The listing service offers to provide this precise figure manually via email, which can be a valuable tool for understanding the most recent market valuation.

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