Property score
72.2
Good
Overall 72.2 · Larger and newer than most nearby homes
1,149 sqft (top 18%) · Built in 1984 (36 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 dining spot, 1 school, and 5 parks nearby
Living Area
Above average
21% larger than neighborhood avg.
Year Built
Above average
36 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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72.2 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
492 Marjorie Street — 7 amenities found within 500 m, across 3 categories, including 1 dining (nearest 492 m), 1 education (nearest 244 m), 5 parks (nearest 147 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 11% | Top 7% | Top 38% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 492 Marjorie Street, Winnipeg
Key Characteristics & Appeal
This two-storey home in King Edward presents a practical and value-oriented opportunity. Built in 1984, it is a notably newer construction compared to many homes in its immediate area and across Winnipeg. Its key appeal lies in its above-average proportions for the neighbourhood: with 1,149 sqft of living space and a generous 4,785 sqft lot, it offers more room than most comparable local properties. The home features a renovated basement, adding to its functional living space. While it lacks a garage or pool, its assessed value is positioned above the local average but remains well below the citywide benchmark, suggesting a more accessible entry point into a mature neighbourhood.
This property would suit first-time buyers or practical investors seeking a solid, no-frills home with ample indoor and outdoor space for the area. Its above-average rankings for lot size, living area, and modern build year for the street indicate a property that stands out locally without a premium citywide price tag. The recent sale in mid-2024 provides a clear, current market reference point.
Frequently Asked Questions
1. How does the assessed value compare to the recent sale price?
The home was assessed at $29,300k, but sold for between $36.50k and $39.50k in June 2024. This indicates the market value was significantly higher than the municipal assessment at that time.
2. What does the "above average" ranking for the Year Built mean?
Most homes on Marjorie Street and in the King Edward neighbourhood are older, with average build years around 1950. This home, built in 1984, is among the top 17-22% newest homes in the immediate area, potentially implying newer building systems and less immediate need for major updates common in century-old homes.
3. Is the lot size a significant feature?
Yes. The lot is 4,785 sqft, ranking in the top 10% on its street. This is over 1,000 sqft larger than the local average, offering valuable extra outdoor space, which is a notable advantage in an older, established neighbourhood where lots are typically smaller.
4. Why is the citywide ranking for Assessed Value much lower?
While the assessed value is above average for its street and neighbourhood, it ranks in the top 73% citywide (meaning it's below average). This highlights the property's affordability within the broader Winnipeg market and reflects the typically lower property values in this specific area compared to newer or more affluent suburbs.
5. What can nearby property addresses tell me?
The listing shows direct neighbours (e.g., 490, 496 Marjorie) for location context. It also lists properties with similar assessed values across different neighbourhoods (e.g., Varsity View, Westdale), which can be useful for comparing what a similar municipal valuation can buy in other parts of the city.
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