484 Marjorie Street

King Edward, Winnipeg

Property score

69.9

Good

Overall 69.9 · Larger than most nearby homes

1,260 sqft (top 11%) · Built in 1954 (6 yrs newer than avg)

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

Transit 62.0 · 3-min walk to transit with 1 nearby route · Within 500m: 1 school, and 5 parks nearby

Living Area

Above average

32% larger 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

69.9 is composed by the two sections below.

Property Score

59.4Fair
Living Area66
1,260 sqftGood
Year Built36
1954Low
Lot Size60
4,792 sqftFair
Neighbourhood Sales Activity71
Good

Community Score

85.7Excellent
Household Income82
Excellent
Education Level82
Excellent
Housing Stress100
Excellent
Core Housing Need100
Excellent
Employment Health83
Excellent

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

above average
1,260 sqft
0255075100
Same streetTop 10%Same areaTop 11%CitywideTop 45%
Same street · Marjorie Street
#20 / 200
Top 10% · Avg 947 sqft
Same area · King Edward
#266 / 2,385
Top 11% · Avg 952 sqft
Citywide · Winnipeg
#87,069 / 194,458
Top 45% · Avg 1,342 sqft

Tax-Assessed Value

above average
291k
0255075100
Same streetTop 31%Same areaTop 29%CitywideBottom 27%
Same street · Marjorie Street
#61 / 200
Top 31% · Avg 266.5k
Same area · King Edward
#695 / 2,385
Top 29% · Avg 258.2k
Citywide · Winnipeg
#142,319 / 194,458
Bottom 27% · Avg 390.1k

Year Built

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

Lot Size

above average
4,792 sqft
0255075100
Same streetTop 9%Same areaTop 22%CitywideBottom 39%

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

484 Marjorie Street — 6 amenities found within 500 m, across 2 categories, including 1 education (nearest 211 m), 5 parks (nearest 144 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 5/2022CA$300k–350k
Sold price

Same street

Top 18%

Same area

Top 16%

City-wide

Bottom 48%

Related homes

Highlights & common questions: 484 Marjorie Street, Winnipeg

Property Overview & Appeal

This one-and-a-half storey home on Marjorie Street in Winnipeg's King Edward neighbourhood presents a practical opportunity. Its key characteristic is a generous 4,792 sqft lot, placing it in the top 9% for lot size on its street, offering ample outdoor space uncommon for the area. The 1,260 sqft living area is also notably above average for both the street and neighbourhood. It features a detached garage and an unrenovated basement, indicating a property that functions well but offers a blank canvas for future updates.

The appeal lies in its strong positioning within its immediate community. While its assessed value is modest citywide, it ranks above average within King Edward, suggesting a solid value proposition for the area. It suits a buyer looking for a home with inherent space and potential, who values a larger yard over a modern, turn-key interior. It’s a pragmatic choice for someone comfortable with gradual improvements, offering the chance to add value through renovations like the basement, all while owning a property that stands out locally for its lot size and living space.

Frequently Asked Questions

1. Is the low assessed value a concern?
Not necessarily for the local market. While below the Winnipeg city average, the home’s assessed value is actually above average for the King Edward neighbourhood, indicating it is reasonably valued within its specific community context.

2. What does "above average" for living area mean here?
The home’s 1,260 sqft of living space ranks in the top 10-11% compared to similar homes on Marjorie Street and in the King Edward area, meaning it offers more interior room than most comparable properties nearby.

3. How does the lot size compare?
The nearly 4,800 sqft lot is a significant feature. It places in the top 9% on its street, meaning you are getting substantially more outdoor space than most of your immediate neighbours, which is a key differentiator.

4. The home sold in 2022. What can that price range tell me?
The listed sold price range from 2022 provides a recent market benchmark. However, for precise historical pricing to inform your offer, you need to request the exact sold price data via email from the source.

5. What is the implication of an unrenovated basement?
It confirms the basement is functional but not updated. This represents both a current cost-saving on the purchase price and a clear opportunity for future expansion or modernization, allowing you to customize the space to your needs.