Property score
54.9
Fair
Overall 54.9 · Newer than most nearby homes
965 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 62.0 · 2-min walk to transit with 1 nearby route · Within 500m: 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)
1,128
356.6k
$349/sqft
1948
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54.9 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: #46110238
$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
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
475 Marjorie Street — 6 amenities found within 500 m, across 2 categories, including 1 education (nearest 156 m), 5 parks (nearest 106 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 6% | Top 5% | Top 33% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 43% | Bottom 47% | Bottom 20% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 475 Marjorie Street, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home on a 4,652 sqft lot in King Edward presents a solid, value-oriented opportunity. Its key appeal lies in a combination of above-average investment in the neighborhood and a generous, usable lot size. With a living area of 965 sqft, the house itself is functionally sized for the area, but the property's standout metrics are its assessed value and land area, which rank in the top 10-20% locally. This suggests the property is viewed as a premium holding on its street, likely due to its renovated basement and desirable plot.
The home suits practical buyers looking for a foothold in a central neighborhood without a massive renovation project. It’s ideal for a first-time homeowner, a small family, or an investor attracted by the 2022 sale indicating strong recent appreciation. The detached garage and larger-than-average lot offer flexibility for parking, storage, or future outdoor space. A thoughtful perspective is that while the home is modest in size city-wide, its high local assessment ranking signals a "best house on a good street" scenario, which can be a prudent strategy for long-term value stability and livability.
Section 2: Frequently Asked Questions
1. How does the assessed value compare to recent sale prices?
The current assessed value is $34.50k. The property last sold in August 2022 for an estimated $38.50k–$41.50k, which was in the top 5-6% for the area at that time, indicating a history of strong market performance.
2. Is the lot size a significant feature?
Yes. At 4,652 sqft, the lot is notably larger than many in King Edward (ranking in the top 29% for the neighborhood). This provides more private outdoor space than typical and potential for additions or landscaping.
3. What does the "renovated basement" entail?
The listing confirms a renovated basement, which adds functional living space. Specific details on the finish quality or layout should be verified through a viewing or with the selling agent.
4. Who are the likely neighbors?
The immediate surroundings consist of similar single-family homes from the mid-20th century. A new build next door at 447 Marjorie (2023) indicates an area attracting recent investment and modern updates.
5. How does this home fit Winnipeg's broader market?
City-wide, this home is below average in size but around average in assessed value. Its primary appeal is its strong standing within the established King Edward neighborhood, offering a balance of community and relative affordability compared to newer or larger homes in suburban areas.
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