463 Marjorie Street

King Edward, Winnipeg

52.9

Fair

Overall 52.9

Newer than most nearby homes

961 sqft (top 38%)

Built in 1955 (7 yrs newer than avg)

Located in a above-average income area

with median household income of ~75k

Transit 82.0

2-min walk to transit with 2 nearby routes

Within 500m: 1 dining spot, 1 school, and 5 parks nearby

Living Area

Near average

1% larger than neighborhood avg.

Year Built

Above average

7 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

52.9 is composed by the two sections below.

Property Score

41.7Low
Living Area961 sqft42Low
Year Built195536Low
Lot Size3,490 sqft38Low
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
961 sqft
0255075100
Same streetTop 32%Same areaTop 38%CitywideBottom 23%
Same street · Marjorie Street
#64 / 200
Top 32% · Avg 947 sqft
Same area · King Edward
#917 / 2,385
Top 38% · Avg 952 sqft
Citywide · Winnipeg
#150,685 / 194,458
Bottom 23% · Avg 1,342 sqft

Tax-Assessed Value

above average
303k
0255075100
Same streetTop 21%Same areaTop 23%CitywideBottom 30%
Same street · Marjorie Street
#42 / 200
Top 21% · Avg 266.5k
Same area · King Edward
#553 / 2,385
Top 23% · Avg 258.2k
Citywide · Winnipeg
#135,931 / 194,458
Bottom 30% · Avg 390.1k

Year Built

above average
1955
0255075100
Same streetTop 25%Same areaTop 29%CitywideBottom 34%

Lot Size

around average
3,490 sqft
0255075100
Same streetBottom 45%Same areaTop 50%CitywideBottom 19%

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 Marjorie Street — 7 amenities found within 500 m, across 3 categories, including 1 dining (nearest 497 m), 1 education (nearest 121 m), 5 parks (nearest 141 m).

Search radius
🍽️Dining1
🏫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 9/2021CA$300k–350k
Sold price

Same street

Top 22%

Same area

Top 19%

City-wide

Bottom 45%

Related homes

Highlights & common questions: 463 Marjorie Street, Winnipeg

Property Overview: 463 Marjorie Street, Winnipeg

Section 1: Key Characteristics & Appeal

This well-situated one-storey home in King Edward presents a practical and value-conscious opportunity. Its key characteristics include 961 sqft of living space, a renovated basement, a detached garage, and a 3,490 sqft lot, all built in 1955.

The appeal lies in its strong positioning within the immediate area. The home ranks above average for both assessed value and year built on its street and in the King Edward neighbourhood, suggesting a solid, maintained property in a stable context. The renovated basement adds functional living space. While its size is modest city-wide, this translates to manageable upkeep and lower utility costs. The lot size is typical for the area, offering decent outdoor space without excessive maintenance.

This property would suit first-time buyers seeking an entry point into a mature neighbourhood, or practical downsizers looking for a single-level layout with modernized basics. It’s a home for those who value neighbourhood comparables and long-term stability over sheer size, offering the chance to live in a home that stands above many of its direct peers in key financial metrics.

Section 2: Frequently Asked Questions

1. How does this home’s value compare to its neighbours?
The assessed value of $30,300 ranks in the top 21% on Marjorie Street and the top 23% in the King Edward neighbourhood, indicating it is considered more valuable than many surrounding properties.

2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This would be a key detail to clarify with the seller or listing agent to understand the quality and functionality of the space.

3. Is the living space sufficient for a small family?
At 961 sqft, the living area is around the neighbourhood average. It may require efficient use of space, but the renovated basement likely provides crucial additional room for a family room, office, or play area.

4. How does the lot size compare?
The lot is approximately 3,490 sqft, which is very typical for Marjorie Street and King Edward. It is, however, below the city-wide average, reflecting the denser, established nature of the neighbourhood.

5. Where can I find the exact historical sold price?
The listed sold price range (e.g., $30.5k ~ $33.5k in 9/2021) is an estimate from public data. The exact sale price can be requested directly from SaveOnHouse via the email link provided on the detail page.

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