Property score
60.0
Fair
Overall 60.0 · Newer than most nearby homes
961 sqft (top 38%) · Built in 1955 (7 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
Near average
1% larger than neighborhood avg.
Year Built
Above average
7 yrs newer than neighborhood avg.
Mother tongue
English · 66%Tagalog · 14%
Past 10 years King Edward sales snapshot (~80% of all data)
1,128
356.6k
$349/sqft
1948
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60.0 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: #46111133
$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
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
486 Marjorie Street — 6 amenities found within 500 m, across 2 categories, including 1 education (nearest 220 m), 5 parks (nearest 143 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 16% | Top 12% | Top 48% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 50% | Top 46% | Bottom 23% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 486 Marjorie Street, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated one-storey home in King Edward presents a practical and comfortable living opportunity. Built in 1955, it is notably newer than many homes on its street and in the immediate area, which can be an advantage for systems and upkeep. With 961 sqft of living space and a renovated basement, it offers functional space for a small household. The lot is a manageable 3,593 sqft, typical for the neighbourhood.
Its primary appeal lies in its position as a solid, average-performing home within its established community. The data shows it consistently ranks around the middle of the pack for its street and neighbourhood in terms of size, value, and land, indicating a property that is neither an outlier nor a fixer-upper, but a stable part of the local fabric. This makes it a straightforward option without the premium price of a top-tier home or the potential surprises of a lower-tier one.
This property would suit first-time buyers or downsizers seeking a manageable, no-fuss home in a mature neighbourhood. It’s also a sensible fit for an investor looking for a stable, rental-ready property without extreme value fluctuations. A thoughtful perspective is that its "average" metrics within a desirable area like King Edward could represent a lower-risk entry point, offering community benefits without paying for a standout feature like an oversized lot or a brand-new renovation.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to the wider Winnipeg market?
City-wide data indicates this home’s assessed value and living area are below the Winnipeg average. This highlights that its value is specifically tied to the established King Edward neighbourhood, not to broader city trends, which may appeal to buyers targeting this specific location.
2. What does the sold price history indicate?
The home sold previously in 2019 and 2023. The increase in sale price range between those dates appears consistent with broader market movements. For precise figures to inform your offer, you can request the exact sold prices via email from the site.
3. Is the lot size a limitation?
At just under 3,600 sqft, the lot is below the city average but is standard for King Edward. It provides adequate outdoor space for a patio or garden without the maintenance burden of a much larger yard, which can be a positive for many buyers.
4. What are the implications of the home being "newer" than area averages?
Built in 1955, the home is younger than many neighbours. This can suggest that major components like the foundation or core structure may have a longer potential lifespan than older peers, though the condition of updates (like the basement renovation) and mechanical systems should still be verified.
5. Are there any obvious red flags from the public data?
The public metrics show no extreme outliers; everything is within a typical range for the area. This consistency suggests a property that hasn’t been over-improved for the street or fallen into disrepair. The main due diligence should focus on the quality of the basement renovation and the condition of the roof, windows, and mechanical systems common for a home of this age.
