Property score
54.9
Fair
Overall 54.9 · Compared with neighbourhood average
932 sqft (top 44%) · Built in 1954 (6 yrs newer than avg)
Located in a above-average income area with median household income of ~75k
Transit 62.0 · 3-min walk to transit with 1 nearby route · Within 500m: 1 school, 5 parks, and 1 sports facility nearby
Living Area
Near average
2% 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)
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
483 Marjorie Street — 7 amenities found within 500 m, across 3 categories, including 1 education (nearest 191 m), 5 parks (nearest 96 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 | Bottom 47% | Top 47% | Bottom 23% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 483 Marjorie Street, Winnipeg
Key Characteristics & Appeal
This one-storey home in King Edward presents a practical opportunity in a mature neighbourhood. Built in 1954, its 932 sqft living area is typical for the immediate area but offers a more compact footprint compared to the citywide average. A key standout feature is the land size: at 4,652 sqft, the lot is notably larger than many in the neighbourhood and on the street itself, offering above-average outdoor space. The home includes a renovated basement and a detached garage.
Its appeal lies in its grounded, no-frills value within a well-established community. It suits first-time buyers or downsizers looking for a manageable home with a generous yard, without the premium price of a newer or significantly larger property. The renovated basement adds functional living space. A thoughtful perspective is that while the home is average in many metrics for its locale, the larger lot provides a relative scarcity value—a potential for future enjoyment or expansion that is less common on the block. It represents a straightforward entry into homeownership where investment has gone into practical updates (the basement) rather than superficial finishes.
Frequently Asked Questions
1. How does this home compare in size and value to its neighbours?
The home is very typical for Marjorie Street and the King Edward area in terms of living space, age, and assessed value. Its most favourable comparison is its lot size, which is larger than many neighbouring properties.
2. What is the benefit of a larger lot in this neighbourhood?
The 4,652 sqft lot provides more private outdoor space than is common, which is a significant advantage for gardening, recreation, or pets. It also may offer more flexibility for future projects like a shed, deck, or expansion, subject to city bylaws.
3. The assessed value seems low. What does this indicate?
The assessed value is for municipal tax purposes and is not a market price. It is consistent with older, compact homes in the area. Market value is determined by recent sales, condition, and buyer demand.
4. What can you tell me about the renovation to the basement?
The listing confirms the basement is renovated, but specifics on the scope, quality, permits, or finishings are not provided. This would be a key area for a buyer to investigate during a viewing and through direct questions to the seller.
5. Who might this property not suit?
It may not suit buyers looking for a modern, open-concept layout or substantial above-ground square footage, as it is a classic one-storey design with a smaller main-floor footprint. Those prioritizing a large interior or brand-new systems over lot size might find it limiting.
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