474 Marjorie Street

King Edward, Winnipeg

Property score

60.6

Fair

Overall 60.6 · Compared with neighbourhood average

930 sqft (top 46%) · Built in 1954 (6 yrs newer than avg)

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

Transit 62.0 · 2-min walk to transit with 1 nearby route · Within 500m: 1 school, and 5 parks nearby

Living Area

Near average

2% smaller than neighborhood avg.

Year Built

Near average

6 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

60.6 is composed by the two sections below.

Property Score

43.9Low
Living Area930 sqft42Low
Year Built195436Low
Lot Size4,031 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
930 sqft
0255075100
Same streetTop 43%Same areaTop 46%CitywideBottom 19%
Same street · Marjorie Street
#86 / 200
Top 43% · Avg 947 sqft
Same area · King Edward
#1,086 / 2,385
Top 46% · Avg 952 sqft
Citywide · Winnipeg
#157,189 / 194,458
Bottom 19% · Avg 1,342 sqft

Tax-Assessed Value

above average
312k
0255075100
Same streetTop 17%Same areaTop 20%CitywideBottom 33%
Same street · Marjorie Street
#34 / 200
Top 17% · Avg 266.5k
Same area · King Edward
#466 / 2,385
Top 20% · Avg 258.2k
Citywide · Winnipeg
#130,567 / 194,458
Bottom 33% · Avg 390.1k

Year Built

around average
1954
0255075100
Same streetTop 32%Same areaTop 31%CitywideBottom 33%

Lot Size

around average
4,031 sqft
0255075100
Same streetTop 46%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

474 Marjorie Street — 6 amenities found within 500 m, across 2 categories, including 1 education (nearest 187 m), 5 parks (nearest 153 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 8/2020CA$300k–350k
Sold price

Same street

Top 25%

Same area

Top 21%

City-wide

Bottom 42%

Related homes

Highlights & common questions: 474 Marjorie Street, Winnipeg

Property Overview: 474 Marjorie Street, Winnipeg

Section 1: Key Characteristics & Appeal

This well-situated one-storey home in King Edward presents a solid, grounded opportunity. With 930 sqft of living space, it sits comfortably around the average size for both its street and neighbourhood, offering a practical layout without being oversized. A key feature is its renovated basement, adding valuable finished space. The property sits on a standard city lot with a detached garage.

The primary appeal lies in its strong value proposition within its immediate context. The home's assessed value ranks notably above average for both Marjorie Street and the broader King Edward area, suggesting it is viewed favorably relative to its local peers. This, combined with its recent sale history, indicates a stable and established property in a mature neighbourhood. It suits buyers looking for a manageable, low-maintenance home without the premium of a newer build, and who prioritize location and lot size over expansive square footage. A thoughtful perspective is that while its living space is modest citywide, its above-average assessment locally could signal better-than-average finishes, updates, or a particularly desirable lot placement on the block.

Section 2: Frequently Asked Questions

1. How does this home's size compare to others nearby?
At 930 sqft, the living area is very close to the average for both Marjorie Street (947 sqft avg) and the King Edward neighbourhood (952 sqft avg). It is a typically sized home for the area.

2. What does the "above average" assessed value ranking mean?
The home's assessed value ranks in the top 20% for King Edward and top 17% for its street. This means it is assessed at a higher value than most comparable homes nearby, which often reflects factors like renovations, condition, or lot desirability.

3. Is the basement included in the living area square footage?
Typically, above-grade square footage is reported as living area. The 930 sqft likely refers to the main floor. The listing confirms a renovated basement, which provides additional finished space not included in that primary figure.

4. What is the typical lot size in this area?
The lot is 4,031 sqft, which is standard for the neighbourhood and slightly above the street average. Citywide, lots of this size are below the overall average, which is common for established inner-city areas versus newer suburbs.

5. How old is this home, and what should I consider?
Built in 1954, it is older than the citywide average but typical for the neighbourhood. Buyers should factor in the potential for age-related maintenance and ensure any renovations (like the basement) were permitted, while also appreciating the character and established landscaping of an older home.

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