Property score
77.1
Good
Overall 77.1 · Larger and newer than most nearby homes
1,454 sqft (top 4%) · Built in 2022 (74 yrs newer than avg)
Located in a high-income area with median household income of ~94k
Transit 70.0 · 2-min walk to transit with 1 nearby route · Within 500m: 1 school, and 5 parks nearby
Living Area
Above average
53% larger than neighborhood avg.
Year Built
Above average
74 yrs newer than neighborhood avg.
Mother tongue
English · 66%Tagalog · 14%
Past 10 years King Edward sales snapshot (~80% of all data)
1,128
356.6k
$349/sqft
1948
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77.1 is composed by the two sections below.
Property Score
Community Score
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.
Sales-to-New-Listings
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
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.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111133
$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
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
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.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
470 Marjorie Street — 6 amenities found within 500 m, across 2 categories, including 1 education (nearest 182 m), 5 parks (nearest 157 m).
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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 3% | Top 3% | Top 22% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 470 Marjorie Street, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home, built in 2022, stands out in its established King Edward neighbourhood for its modern construction and above-average living space. With 1,454 sqft of living area, it offers significantly more room than most comparable homes on its street and in the immediate area. Its assessed value ranks in the top 5% locally, reflecting its premium position among nearby properties. The home features a basement (unrenovated) and sits on a 2,400 sqft lot, which is notably smaller than the neighbourhood norm—a trade-off for a newer, low-maintenance structure in a mature community.
The primary appeal lies in acquiring a like-new home without the wait of new construction, set within a well-located, established area. It suits buyers seeking modern interiors and systems, who value space and condition over a large yard. It’s an ideal match for professionals or small families wanting a turn-key property with minimal immediate upkeep, and who appreciate the statistical rarity of a recently built home in this context. A thoughtful perspective: this property represents a shift in the neighbourhood's fabric, offering a contemporary lifestyle footprint amidst older character homes, which may appeal to those looking for the best of both worlds.
Section 2: Frequently Asked Questions
1. What does the high assessed value ranking mean?
It indicates this home is valued significantly higher than most of its immediate neighbours. This often reflects its newer age, larger living area, and modern features compared to the older housing stock that dominates the area.
2. Is the smaller lot size a major drawback?
It depends on your lifestyle. The lot is smaller than the neighbourhood average, meaning less outdoor space for gardening or expansion. However, it translates to less yard maintenance and aligns with a more lock-and-leave or low-maintenance living preference.
3. What is the condition of the basement?
The listing specifies the basement exists but is "not renovated." Buyers should budget for finishing this space to suit their needs and anticipate a standard pre-construction foundation finish.
4. How does this home compare to the one sold next door in 2022?
The nearby sale at 447 Marjorie Street (2023 build, 1,535 sqft, assessed at $49.5k) is a useful benchmark. It suggests this property is part of a small cluster of new infill homes and provides a reference for potential value, though differences in finish and layout will affect direct comparison.
5. Who typically buys in this area?
King Edward attracts a mix of long-time residents, university affiliates due to its central location, and increasingly, buyers seeking character neighbourhoods close to amenities. This particular home, as a modern infill, likely draws those from the latter group who prioritize new construction within an established community.
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