Property score
61.3
Fair
Overall 61.3 · Newer than most nearby homes
932 sqft (top 44%) · 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
2% 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)
1,128
356.6k
$349/sqft
1948
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61.3 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
500 Marjorie Street — 7 amenities found within 500 m, across 3 categories, including 1 dining (nearest 463 m), 1 education (nearest 268 m), 5 parks (nearest 156 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 25% | Top 21% | Bottom 42% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 500 Marjorie Street, Winnipeg
Key Characteristics & Appeal
This one-storey home on a generous 4,779 sqft lot presents a solid, grounded opportunity in Winnipeg's King Edward neighbourhood. Built in 1955, it is newer than many homes on its street and in the immediate area. The living space (932 sqft) is typical for the locale, offering a manageable footprint. A key feature is the renovated basement, adding functional space, and the property includes a detached garage.
Its primary appeal lies in its strong positional value within its established community. The lot size is a significant asset, ranking well above average for both the street and the neighbourhood, offering ample outdoor space or future potential that is becoming rarer in older areas. While the home's size and assessed value are modest by city-wide standards, they are competitive and typical for King Edward, suggesting a realistic entry point into the market.
This property would suit a first-time buyer, a downsizer, or an investor looking for a straightforward, no-frills home in a long-established neighbourhood. It’s for someone who values a larger lot over a large house, and who appreciates the character and stability of a mature area. The renovated basement adds immediate utility, making it move-in ready for someone needing extra living or recreational space without a major project.
Frequently Asked Questions
1. How does this home compare to others in the area?
The data shows this home is very representative of King Edward. Its living area and assessed value are both around the neighbourhood average. It stands out positively with a larger-than-average lot and a build year that is slightly newer than many nearby homes.
2. What is the significance of the lot size?
At 4,779 sqft, the lot is notably larger than most on Marjorie Street and in the King Edward area. This provides more private outdoor space, better potential for gardening, parking, or storage, and could be a long-term asset for expansion or redevelopment, subject to zoning.
3. What does "renovated basement" typically mean for a home of this era?
In a 1955 home, a renovated basement often means updated finishes, improved lighting, and a more livable space. It’s wise to clarify the scope, permits, and the current condition of core elements like plumbing, electrical, and waterproofing that are common to homes of this age.
4. The assessed value seems low. What does this indicate?
The assessed value is for municipal tax purposes and is not a market price. Its ranking shows it is consistent with the area. The last recorded sale in 2022 fell within the $295k-$325k range, which is a more relevant indicator of its market value.
5. Who would benefit most from this property's profile?
A buyer whose priority is securing a larger parcel of land in an established neighbourhood, rather than maximizing interior square footage. It also offers a manageable scale for someone who wants the space a basement provides but prefers the simplicity of a single-storey main floor layout.
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