484 Ferry Road

King Edward, Winnipeg

Property score

64.5

Fair

Overall 64.5 · Newer than most nearby homes

956 sqft (top 39%) · Built in 2012 (64 yrs newer than avg)

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

Transit 74.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 4 parks nearby

Living Area

Near average

0% larger than neighborhood avg.

Taon ng Paggawa

Above average

64 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

64.5 is composed by the two sections below.

Property Score

50.3Fair
Living Area956 sqft42Low
Taon ng Paggawa201294Excellent
Lupa2,440 sqft18Low
Neighbourhood Sales Activity71Good

Community Score

85.7Excellent
Household Income82Excellent
Education Level82Excellent
Housing Stress100Excellent
Core Housing Need100Excellent
Employment Health83Excellent

Istatistika ng benta ng komunidad

King Edward

How to read: Share of sales in each ~$50k price band for “king edward” (Detached na bahay (hindi 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.

Mga ranggo

Living Area

karaniwan
956 sqft
0255075100
Same streetTop 42%Same areaTop 39%CitywideBottom 22%
Same street · Ferry Road
#104 / 247
Top 42% · Avg 955 sqft
Same area · King Edward
#941 / 2,385
Top 39% · Avg 952 sqft
Citywide · Winnipeg
#152,168 / 194,458
Bottom 22% · Avg 1,342 sqft

Assessed Value

lampas sa average
363k
0255075100
Same streetTop 13%Same areaTop 8%CitywideTop 49%
Same street · Ferry Road
#33 / 247
Top 13% · Avg 266.1k
Same area · King Edward
#180 / 2,385
Top 8% · Avg 258.2k
Citywide · Winnipeg
#95,830 / 194,458
Top 49% · Avg 390.1k

Taon ng Paggawa

lampas sa average
2012
0255075100
Same streetTop 21%Same areaTop 12%CitywideTop 10%

Lupa

mas mababa sa average
2,440 sqft
0255075100
Same streetBottom 6%Same areaBottom 9%CitywideBottom 3%

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

Mga malapit na hinto, ruta at transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

484 Ferry Road — 4 amenities found within 500 m, across 1 categories, including 4 parks (nearest 136 m).

Search radius
🌳Parks4

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%

Kasaysayan ng Benta

Naibenta 8/2022CA$350k–400k
Presyo ng benta

Parehong kalye

Top 12%

Parehong lugar

Top 7%

Buong lungsod

Top 37%

Related homes

Mga tampok at karaniwang tanong: 484 Ferry Road, Winnipeg

Property Overview: 484 Ferry Road, Winnipeg

Key Characteristics & Appeal

This 956 sqft bi-level home at 484 Ferry Road presents a practical and modern living option in Winnipeg's King Edward neighbourhood. Its primary appeal lies in its relative newness, being built in 2012, which places it well above the average age of homes on its street, in the area, and across the city. This suggests updated building systems and potentially lower immediate maintenance needs compared to much of the surrounding housing stock.

The home features a renovated basement, adding functional living space. While the living area is average for King Edward and the lot size is notably smaller than area norms, the property compensates with an assessed value that ranks highly within its immediate context, indicating perceived value and desirability for its specific location and modern attributes.

This property would suit first-time homebuyers or downsizers seeking a modern, low-maintenance home in an established neighbourhood without the concerns of an older structure. It’s also a sensible fit for value-conscious buyers who prioritize a recent build year and updated interiors over a larger yard.


Frequently Asked Questions

1. How does the lot size impact this property?
At 2,440 sqft, the lot is compact, especially compared to area averages. This means minimal yard maintenance, which is a plus for those seeking simplicity, but offers less private outdoor space for gardening or recreation.

2. What does the above-average assessed value indicate?
With an assessed value ranking in the top 13% on its street and top 8% in King Edward, it suggests the property is viewed as a higher-value asset within its local market, likely due to its modern build year and renovations. Citywide, its assessment is around average.

3. Is the living space sufficient for a family?
At 956 sqft with a renovated basement, the home offers functional space. It is comparable in size to many homes in King Edward but is below the citywide average. It may be best suited for smaller households or those comfortable with efficient use of space.

4. What are the implications of the 2012 build year?
A 2012 construction is a significant advantage, implying newer plumbing, electrical, insulation, and major components like the roof and furnace. This can translate to greater energy efficiency and reduced risk of costly, immediate repairs common in older area homes.

5. How does the last sold price (2022) relate to the current assessed value?
The home sold for an estimated $36.5k-$39.5k in August 2022, and its current assessed value is $36.30k. This close alignment suggests a stable market valuation in line with recent sales, providing a grounded benchmark for potential buyers.

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