468 King Edward Street

King Edward, Winnipeg

Property score

59.7

Fair

Overall 59.7 · Newer than most nearby homes

949 sqft (top 41%) · Built in 2021 (73 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, 2 shops, 5 parks, and 1 sports facility nearby

Living Area

Near average

0% smaller than neighborhood avg.

Year Built

Above average

73 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

59.7 is composed by the two sections below.

Property Score

53.0Fair
Living Area42
949 sqftLow
Year Built100
2021Excellent
Lot Size28
2,704 sqftLow
Neighbourhood Sales Activity71
Good

Community Score

69.8Good
Household Income75
Good
Education Level63
Fair
Housing Stress74
Good
Core Housing Need63
Fair
Employment Health60
Fair

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
949 sqft
0255075100
Same streetTop 50%Same areaTop 41%CitywideBottom 21%
Same street · King Edward Street
#175 / 347
Top 50% · Avg 953 sqft
Same area · King Edward
#971 / 2,385
Top 41% · Avg 952 sqft
Citywide · Winnipeg
#153,393 / 194,458
Bottom 21% · Avg 1,342 sqft

Tax-Assessed Value

above average
366k
0255075100
Same streetTop 22%Same areaTop 7%CitywideTop 48%
Same street · King Edward Street
#78 / 347
Top 22% · Avg 276.7k
Same area · King Edward
#168 / 2,385
Top 7% · Avg 258.2k
Citywide · Winnipeg
#93,885 / 194,458
Top 48% · Avg 390.1k

Year Built

Elite
2021
0255075100
Same streetTop 2%Same areaTop 3%CitywideTop 2%

Lot Size

below average
2,704 sqft
0255075100
Same streetBottom 19%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

468 King Edward Street — 11 amenities found within 500 m, across 5 categories, including 2 education (nearest 228 m), 2 shopping (nearest 350 m), 5 parks (nearest 86 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 6/2021CA$350k–400k
Sold price

Same street

Top 19%

Same area

Top 11%

City-wide

Top 45%

Related homes

Highlights & common questions: 468 King Edward Street, Winnipeg

Property Overview: 468 King Edward Street

Key Characteristics & Appeal

This 2021-built bi-level home offers a rare combination of new construction and established neighbourhood character in King Edward. Its primary appeal lies in its modern foundation—a five-year-old home means contemporary building standards, energy efficiency, and minimal immediate maintenance, a standout in an area with many century-old properties. The home features a renovated basement and a detached garage on a notably generous 2,704 sqft lot, ranking in the top 19% for street size, which provides valuable outdoor space and potential.

The data suggests it suits practical, forward-looking buyers. It’s ideal for someone who wants the mature trees and quiet streets of a central neighbourhood but wishes to avoid the major renovations often required of heritage homes. The assessed value has seen stable, modest growth since its 2021 sale, indicating a sound investment without wild speculation. A thoughtful perspective is that this property offers a "best of both worlds" scenario: you’re buying into a community with history, but your own home’s history is just beginning, freeing you from the narrative of past renovations.

Frequently Asked Questions

1. What does the ranking data actually tell me?
The rankings compare this property to others on its street, in King Edward, and across Winnipeg. For example, being in the top 7% city-wide for year built confirms its exceptional newness relative to most Winnipeg housing stock, while its lot size ranking highlights one of its key physical advantages.

2. Is the living space sufficient for a family?
At 949 sqft, the living area is average for the street but smaller than some newer builds in the area (see the reference property at 447 Marjorie St. at 1,535 sqft). The renovated basement and bi-level layout likely add functional space, making it suitable for a small family, couple, or individual prioritizing lot size over sheer interior square footage.

3. How does the assessed value relate to the likely selling price?
The assessed value ($36,600) is for municipal tax purposes and is typically lower than market value. It serves as a useful benchmark for comparison, as shown with the similar-valued nearby properties listed. The 2021 sale price was $35,600, so the assessed value suggests stable, incremental growth.

4. What is the neighbourhood like?
King Edward is a central, mature neighbourhood. The list of nearby properties, with a mix of early 1900s builds and a few other new constructions (like 308 Ferry Rd., built 2020), shows an area in a quiet state of evolution, appealing to those seeking stability with subtle renewal.

5. What are the less obvious advantages of a home built in 2021?
Beyond modern fixtures, key benefits include updated building code compliance for safety and insulation, likely remaining warranty coverage on major components, and the absence of "legacy" issues like outdated wiring or plumbing commonly found in older homes nearby. This translates to predictable monthly costs and peace of mind.