Property score
65.4
Good
Overall 65.4 · Newer than most nearby homes
913 sqft (top 49%) · Built in 2015 (67 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
4% smaller than neighborhood avg.
Year Built
Above average
67 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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65.4 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
493 Parkview Street — 6 amenities found within 500 m, across 2 categories, including 1 education (nearest 241 m), 5 parks (nearest 180 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 31% | Top 28% | Bottom 36% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 493 Parkview Street, Winnipeg
Key Characteristics & Appeal
This bi-level home at 493 Parkview Street is a modern, low-maintenance property in Winnipeg's King Edward neighbourhood. Built in 2015, it stands out as a notably newer construction compared to most homes on its street and in the wider city, suggesting contemporary building standards and less immediate concern for major repairs. With 913 sqft of living space and a detached garage, it offers practical, compact living.
Its primary appeal lies in its efficiency and favourable positioning within the local market. The home's assessed value ranks above average for both its immediate street and the King Edward area, indicating it is perceived as a solid asset within its community. While the lot size is smaller than the citywide average, it is typical for the area, translating to less yard upkeep. The unrenovated basement presents a blank canvas for future finishing to add liveable space.
This property would suit first-time buyers or downsizers seeking a modern, move-in-ready home without the burdens of an older structure. It’s also a prudent choice for value-conscious investors or buyers who prioritize newer mechanical systems and building envelopes over square footage, preferring to avoid the potential surprises of a century-old home.
Frequently Asked Questions
1. How does this home’s value compare to others nearby?
The assessed value of $31,600 is above the average for both Parkview Street and the broader King Edward neighbourhood, suggesting it is a higher-valued property in its immediate context despite its modest size.
2. What does the "unrenovated basement" mean?
The basement is finished but has not been recently updated. It is livable space but may have basic finishes, representing a potential opportunity for future customization or a simple, functional area as-is.
3. Is the lot size a disadvantage?
The lot is smaller than the Winnipeg average but is standard for the King Edward area. This typically means lower maintenance and lower property tax implications, which can be an advantage for those not seeking extensive outdoor space.
4. How recent is the sale price data?
The last recorded sale was in November 2017, with a price between $27,500 and $30,500. The current assessed value has increased since then, in line with market trends.
5. What are the implications of the home being built in 2015?
As a home just over a decade old, major components like the roof, windows, furnace, and appliances are likely still within their typical lifespan, offering a period of predictable operating costs compared to much older homes in the area.
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