477 Marjorie Street

King Edward, Winnipeg

Property score

54.9

Fair

Overall 54.9 · Compared with neighbourhood average

926 sqft (top 46%) · Built in 1954 (6 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

3% smaller than neighborhood avg.

Year Built

Near average

6 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

54.9 is composed by the two sections below.

Property Score

45.0Low
Living Area926 sqft42Low
Year Built195436Low
Lot Size4,652 sqft60Fair
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
926 sqft
0255075100
Same streetTop 45%Same areaTop 46%CitywideBottom 19%
Same street · Marjorie Street
#89 / 200
Top 45% · Avg 947 sqft
Same area · King Edward
#1,100 / 2,385
Top 46% · Avg 952 sqft
Citywide · Winnipeg
#157,928 / 194,458
Bottom 19% · Avg 1,342 sqft

Tax-Assessed Value

around average
277k
0255075100
Same streetTop 44%Same areaTop 37%CitywideBottom 23%
Same street · Marjorie Street
#88 / 200
Top 44% · Avg 266.5k
Same area · King Edward
#871 / 2,385
Top 37% · Avg 258.2k
Citywide · Winnipeg
#148,924 / 194,458
Bottom 23% · Avg 390.1k

Year Built

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

Lot Size

above average
4,652 sqft
0255075100
Same streetTop 20%Same areaTop 29%CitywideBottom 37%

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

477 Marjorie Street — 6 amenities found within 500 m, across 2 categories, including 1 education (nearest 167 m), 5 parks (nearest 101 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 7/2020CA$250k–300k
Sold price

Same street

Top 43%

Same area

Top 44%

City-wide

Bottom 24%

Related homes

Highlights & common questions: 477 Marjorie Street, Winnipeg

Property Overview: 477 Marjorie Street, Winnipeg

Key Characteristics & Appeal

This one-storey home in the King Edward neighbourhood presents a practical and grounded opportunity. Built in 1954, its 926 sqft living area is typical for the immediate street and area, offering a manageable layout. A key feature is the renovated basement, adding functional living space. The property stands out with a notably larger-than-average lot for the area at 4,652 sqft, providing valuable outdoor space and potential in a mature neighbourhood. It includes a detached garage.

The appeal lies in its position as a solid, no-frills property within its community context. It’s not the newest or largest home citywide, but it holds its own among local peers in terms of size and assessed value. The generous lot size is a significant asset, offering room for gardening, play, or future expansion that is harder to find on newer, more densely packed streets.

This home would suit first-time buyers or downsizers looking for an entry point into a stable neighbourhood without a massive footprint to maintain. It’s also a fit for value-oriented buyers who prioritize land size over a recently built structure and see potential in the updated basement and the possibilities of a large yard.


Frequently Asked Questions

1. How does this home compare to others nearby?
The data shows it is very much in line with the character of Marjorie Street and King Edward. Its living area and assessed value are around the local average, but its land area is in the top 20% on the street, meaning you get more yard than most neighbours.

2. What is the significance of the "renovated basement"?
While specific finishes aren’t detailed, a renovated basement in a 1954 home typically means updated living space that is comfortable and functional. It’s important to clarify the scope of the renovation, the ceiling height, and whether it includes a proper egress window.

3. The assessed value seems low compared to the city-wide average. Why?
The city-wide average includes all property types and newer areas. The assessed value here is actually above the local area average, reflecting its relative standing within the established King Edward neighbourhood, where property values are generally lower than the city median.

4. What are the implications of a larger lot?
Beyond more private outdoor space, a larger lot in an older neighbourhood can offer better drainage, more distance from neighbours, and future potential (like adding a deck, shed, or even an addition, subject to zoning bylaws). It also may contribute to a slower pace of infill development on the street.

5. How can I get the exact historical sold price?
The listed price range is based on public data. As noted, you can request the exact sold price history by emailing the source directly. They provide this detail manually and state they do not use email addresses for unsolicited marketing.

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