504 Marjorie Street

King Edward, Winnipeg

Property score

61.3

Fair

Overall 61.3 · Compared with neighbourhood average

931 sqft (top 45%) · Built in 1954 (6 yrs newer than avg)

Located in a high-income area with median household income of ~94k

Transit 62.0 · 4-min walk to transit with 1 nearby route · Within 500m: 1 dining spot, 1 school, 5 parks, and 1 sports facility nearby

Living Area

Near average

2% smaller than neighborhood avg.

Year Built

Near average

6 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

61.3 is composed by the two sections below.

Property Score

45.0Low
Living Area931 sqft42Low
Year Built195436Low
Lot Size4,777 sqft60Fair
Neighbourhood Sales Activity71Good

Community Score

85.7Excellent
Household Income82Excellent
Education Level82Excellent
Housing Stress100Excellent
Core Housing Need100Excellent
Employment Health83Excellent

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
931 sqft
0255075100
Same streetTop 42%Same areaTop 45%CitywideBottom 19%
Same street · Marjorie Street
#83 / 200
Top 42% · Avg 947 sqft
Same area · King Edward
#1,079 / 2,385
Top 45% · Avg 952 sqft
Citywide · Winnipeg
#157,074 / 194,458
Bottom 19% · Avg 1,342 sqft

Tax-Assessed Value

above average
314k
0255075100
Same streetTop 17%Same areaTop 19%CitywideBottom 34%
Same street · Marjorie Street
#33 / 200
Top 17% · Avg 266.5k
Same area · King Edward
#454 / 2,385
Top 19% · Avg 258.2k
Citywide · Winnipeg
#129,291 / 194,458
Bottom 34% · Avg 390.1k

Year Built

around average
1954
0255075100
Same streetTop 32%Same areaTop 31%CitywideBottom 33%

Lot Size

above average
4,777 sqft
0255075100
Same streetTop 11%Same areaTop 23%CitywideBottom 39%

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

504 Marjorie Street — 8 amenities found within 500 m, across 4 categories, including 1 dining (nearest 448 m), 1 education (nearest 280 m), 5 parks (nearest 163 m).

Search radius
🍽️Dining1
🏫Education1
🌳Parks5
💪Sports1

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 10/2016CA$250k–300k
Sold price

Same street

Top 34%

Same area

Top 30%

City-wide

Bottom 34%

Related homes

Highlights & common questions: 504 Marjorie Street, Winnipeg

Property Summary: 504 Marjorie Street, Winnipeg

Section 1: Key Characteristics & Appeal

This well-situated one-storey home in King Edward presents a practical and value-oriented opportunity. Its key appeal lies in a combination of a generous, above-average lot size and a recently renovated basement, offering immediate livability and future potential. While the living space is modest and typical for the immediate area, the property stands out with an assessed value that ranks above average for both the street and the neighborhood, suggesting a solid foundation of value. The detached garage adds functional storage or workshop space.

The home would suit first-time buyers seeking an entry point into a stable neighborhood without a major project, or investors looking for a manageable rental property. A less obvious perspective is its appeal to those who prioritize outdoor space over interior square footage; the large lot provides a rare canvas for gardening, expansion, or simply private outdoor enjoyment in the city. Its "around average" metrics in many categories indicate a home that is comfortably aligned with its community, offering a sense of stability rather than standing out as an outlier.

Section 2: Frequently Asked Questions

1. How does the property's value compare to the area?
The home's assessed value is above average for both Marjorie Street and the wider King Edward neighborhood, but sits around average when compared city-wide. This indicates a strong value proposition within its immediate context.

2. Is the lot size a significant feature?
Yes. The land area of 4,777 sqft ranks in the top 11% on its street and top 23% in the neighborhood, meaning it is substantially larger than many comparable properties. This is a key asset for privacy, outdoor activities, or future landscaping.

3. What should I know about the home's size and updates?
With 931 sqft of living area, the home is typical for houses on its street. The primary update mentioned is a renovated basement, which adds finished living space. The main floor retains the original 1954 layout, which may appeal to those wanting a classic footprint or planning personalized updates.

4. How can I find out the exact historical sale prices?
The exact sold prices are not publicly displayed in detail. The listing service provides an estimated range and offers to send the precise sale history manually via email upon request, at no cost and without marketing spam.

5. Who are the most comparable nearby properties?
The listing suggests looking at homes with a similar assessed value (like those on Hendon Avenue or Wexford Street) rather than just adjacent houses, as this gives a better financial comparison across similar segments of the market.

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