Property score
55.4
Fair
Overall 55.4 · Larger but older than most nearby homes
1,140 sqft (top 19%) · Built in 1910 (38 yrs older than avg)
Located in a above-average income area with median household income of ~75k
Transit 70.0 · 6-min walk to transit with 3 nearby routes · Within 500m: 2 dining spots, 2 schools, 2 shops, and 4 parks nearby
Living Area
Above average
20% larger than neighborhood avg.
Year Built
Below average
38 yrs older than neighborhood avg.
Mother tongue
English · 76%Tagalog · 9%
Past 10 years King Edward sales snapshot (~80% of all data)
1,128
356.6k
$349/sqft
1948
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55.4 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: #46110238
$75K
Median household income
$87K
Average household income
12%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.9
P90 / P10 ratio
30%
Single-person households
22%
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
499 King Edward Street — 12 amenities found within 500 m, across 6 categories, including 2 dining (nearest 472 m), 2 education (nearest 289 m), 2 shopping (nearest 279 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 | Bottom 28% | Bottom 26% | Bottom 10% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 499 King Edward Street, Winnipeg
Key Characteristics & Appeal
This one-and-a-half storey home, built in 1910, presents a classic character property with practical fundamentals. Its primary appeal lies in its above-average living space (1,140 sq ft) for the immediate area, offering more room than many neighbouring homes. The property features a detached garage and an unfinished basement, representing a straightforward canvas for future customization.
The home suits buyers looking for value and potential in a well-established neighbourhood. It’s particularly fitting for a first-time buyer comfortable with a home that hasn’t been fully renovated, an investor seeking a property with solid fundamentals, or someone who appreciates the character of an older home without paying a premium for modern updates. A thoughtful perspective is that its assessed value is modest relative to the city-wide average, which can translate to lower property taxes, while its living area ranks highly on its street—a combination that suggests efficient value within its specific community.
Frequently Asked Questions
1. Is the low assessed value a concern?
Not necessarily. The assessed value is around average for King Edward but below the city-wide average. This typically indicates a more affordable property tax burden, which is a practical advantage for long-term affordability.
2. What does the "unfinished basement" mean for me?
It means the basement space is usable for storage or utilities but requires investment to finish as living space. This is a common feature in older homes and provides the next owner with the opportunity to customize the layout and finishes to their own needs and taste.
3. The home is older—what should I consider?
Built in 1910, the home will have the charm and solid construction of its era, but systems like plumbing, electrical, and insulation should be carefully inspected. Its age is typical for the street, but a thorough pre-purchase inspection is essential.
4. How does the lot size compare?
The land area (2,904 sq ft) is around average for the King Edward area but smaller than the Winnipeg average. This means manageable yard maintenance and is consistent with the neighbourhood's established, closer-knit feel.
5. Can I get the exact historical sale price?
Yes, but not automatically displayed. The exact sold price from the last transaction (October 2016) is available by request via email from the listing service to ensure accuracy and privacy. The provided range offers a general market reference.
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