Property score
68.5
Good
Overall 68.5 · Larger than most nearby homes
1,237 sqft (top 12%) · Built in 1948
Located in a high-income area with median household income of ~94k
Transit 70.0 · 2-min walk to transit with 1 nearby route · Within 500m: 1 school, and 4 parks nearby
Living Area
Above average
30% larger than neighborhood avg.
Year Built
Near average
0 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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68.5 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
507 Ferry Road — 5 amenities found within 500 m, across 2 categories, including 1 education (nearest 499 m), 4 parks (nearest 95 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 33% | Top 31% | Bottom 34% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 507 Ferry Road, Winnipeg
Key Characteristics & Appeal
This one-and-a-half storey home, built in 1948, offers a practical footprint with above-average space for its immediate area. With 1,237 sqft of living area and a renovated basement, it provides more room than many comparable homes in the King Edward neighbourhood and on Ferry Road itself. The lot is a notable feature at over 4,200 sqft, offering generous outdoor space that is less common for homes of this vintage in the city core.
The appeal lies in its established neighbourhood setting and its solid, relative value. The home consistently ranks above average for its street and neighbourhood in key metrics like living area and assessed value, suggesting it's a substantial property within its local context. It would suit a first-time buyer or a downsizer looking for a character home with a manageable size, a good lot, and the stability of an older, established community. The renovated basement adds functional living space, appealing to those needing a home office, family room, or flexible area without undertaking a major project.
Frequently Asked Questions
1. How does this home’s size compare to others nearby?
It is notably larger than many in the immediate area. Its living area ranks in the top 13% on Ferry Road and the top 12% in the King Edward neighbourhood, meaning it offers more interior space than most comparable homes nearby.
2. What is the significance of the assessed value?
The assessed value of $31,400k is above the average for both the street and the neighbourhood. This can indicate the property is viewed as a substantial asset relative to its peers, though market conditions and the home's specific condition are the ultimate determinants of sale price.
3. Is the lot size a major feature?
Yes. At 4,287 sqft, the lot is larger than most on Ferry Road (top 30%) and provides valuable outdoor space. This is a key advantage for gardening, recreation, or future expansion, especially in a core neighbourhood.
4. The home was built in 1948. What should I consider?
While the age is typical for the area, a pre-purchase inspection is essential to understand the condition of major systems (roof, wiring, plumbing) and any ongoing maintenance needs. The renovated basement is a positive update.
5. Where can I find the exact historical sale prices?
The listing service provides estimated sold price ranges from public data. To obtain the precise sale price history, you must request it directly from the listing agent or portal, which typically involves providing your email for a manual reply.
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