496 Marjorie Street

King Edward, Winnipeg

Property score

57.7

Fair

Overall 57.7 · Newer than most nearby homes

897 sqft (bottom 47%) · 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 dining spot, 1 school, and 5 parks nearby

Living Area

Near average

6% smaller 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)

Sold Count

1,128

Median price

356.6k

$/sqft

$349/sqft

Avg build year

1948

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Property score

57.7 is composed by the two sections below.

Property Score

39.0Low
Living Area32
897 sqftLow
Year Built36
1955Low
Lot Size60
4,591 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

around average
897 sqft
0255075100
Same streetBottom 36%Same areaBottom 47%CitywideBottom 16%
Same street · Marjorie Street
#128 / 200
Bottom 36% · Avg 947 sqft
Same area · King Edward
#1,269 / 2,385
Bottom 47% · Avg 952 sqft
Citywide · Winnipeg
#163,253 / 194,458
Bottom 16% · Avg 1,342 sqft

Tax-Assessed Value

around average
284k
0255075100
Same streetTop 37%Same areaTop 33%CitywideBottom 25%
Same street · Marjorie Street
#74 / 200
Top 37% · Avg 266.5k
Same area · King Edward
#787 / 2,385
Top 33% · Avg 258.2k
Citywide · Winnipeg
#145,753 / 194,458
Bottom 25% · Avg 390.1k

Year Built

above average
1955
0255075100
Same streetTop 25%Same areaTop 29%CitywideBottom 34%

Lot Size

above average
4,591 sqft
0255075100
Same streetTop 27%Same areaTop 31%CitywideBottom 36%

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

496 Marjorie Street — 7 amenities found within 500 m, across 3 categories, including 1 dining (nearest 477 m), 1 education (nearest 256 m), 5 parks (nearest 151 m).

Search radius
🍽️Dining1
🏫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 6/2023CA$300k–350k
Sold price

Same street

Top 19%

Same area

Top 17%

City-wide

Bottom 47%

Related homes

Highlights & common questions: 496 Marjorie Street, Winnipeg

Property Overview & Key Characteristics

496 Marjorie Street is a one-storey home in Winnipeg's King Edward neighbourhood, built in 1955. Its key appeal lies in its balance of a generous, above-average lot size (4,591 sqft) and a recently renovated basement within a modestly sized, efficient footprint (897 sqft living area). The home presents a practical, grounded value proposition.

The data suggests its primary strengths are relative to its immediate context. Within its own street and neighbourhood, the property holds its own or exceeds averages for lot size, year built, and assessed value. Its city-wide rankings, however, indicate it is a more compact home on a standard city lot, which translates to a lower assessed value compared to the Winnipeg average. This positions it not as a luxury property, but as a solid, entry-level or downsizing option with outdoor space and modernized living areas.

The detached garage and renovated basement add functional utility. This home would likely suit first-time buyers seeking a manageable house with room to garden or entertain outdoors, or practical downsizers looking for a single-level layout with updated features and lower carrying costs. It’s for buyers who prioritize neighbourhood character and lot potential over sheer square footage.


Frequently Asked Questions

1. How does the size of this home compare to others?
At 897 sqft, the living area is slightly below the average for the King Edward neighbourhood but is very close to the average for Marjorie Street itself. It is a compact, efficient layout.

2. What does the assessed value tell me about the property?
The assessed value is consistently around the average for both Marjorie Street and the King Edward area, but is below the city-wide average. This typically reflects the home's smaller size and the neighbourhood's market positioning rather than condition.

3. Is the lot size a significant feature?
Yes. The lot of 4,591 sqft is notably larger than the average for both Marjorie Street and the King Edward neighbourhood. This is one of the property's standout characteristics, offering more outdoor space than many comparable homes.

4. The home was built in 1955. What should I consider?
While newer than many homes on its street and in King Edward, a 71-year-old home will still have aging core components. The renovated basement is a plus, but a thorough inspection of the roof, foundation, plumbing, and electrical systems is essential.

5. Where can I find the exact historical sale prices?
Exact sold prices are not published publicly. The listing service provides an estimated range (e.g., $30.5k–$33.5k in June 2023). You can request the precise figures by emailing the site directly, as noted in the property details.