507 Roseberry Street

King Edward, Winnipeg

61.9

Fair

Overall 61.9

Compared with neighbourhood average

942 sqft (top 41%)

Built in 1954 (6 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 4 parks nearby

Living Area

Near average

1% 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

61.9 is composed by the two sections below.

Property Score

46.0Low
Living Area942 sqft42Low
Year Built195436Low
Lot Size5,425 sqft67Good
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
942 sqft
0255075100
Same streetTop 42%Same areaTop 41%CitywideBottom 20%
Same street · Roseberry Street
#124 / 293
Top 42% · Avg 963 sqft
Same area · King Edward
#987 / 2,385
Top 41% · Avg 952 sqft
Citywide · Winnipeg
#154,897 / 194,458
Bottom 20% · Avg 1,342 sqft

Tax-Assessed Value

above average
312k
0255075100
Same streetTop 18%Same areaTop 20%CitywideBottom 33%
Same street · Roseberry Street
#52 / 293
Top 18% · Avg 260.8k
Same area · King Edward
#466 / 2,385
Top 20% · Avg 258.2k
Citywide · Winnipeg
#130,567 / 194,458
Bottom 33% · Avg 390.1k

Year Built

above average
1954
0255075100
Same streetTop 26%Same areaTop 31%CitywideBottom 33%

Lot Size

Elite
5,425 sqft
0255075100
Same streetTop 5%Same areaTop 9%CitywideTop 45%

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

507 Roseberry Street — 6 amenities found within 500 m, across 3 categories, including 1 dining (nearest 480 m), 1 education (nearest 339 m), 4 parks (nearest 100 m).

Search radius
🍽️Dining1
🏫Education1
🌳Parks4

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 8/2022CA$350k–400k
Sold price

Same street

Top 11%

Same area

Top 11%

City-wide

Top 45%

Related homes

Highlights & common questions: 507 Roseberry Street, Winnipeg

Property Overview: 507 Roseberry Street, Winnipeg

Key Characteristics & Appeal

This well-situated one-storey home in King Edward presents a compelling blend of space, value, and potential. Its key characteristic is an exceptionally large lot—at over 5,400 square feet, the property ranks in the top 5% for land size on its street. This offers rare outdoor space for the area, ideal for gardening, expansion, or simply enjoying a generous yard. The home itself, built in 1954, is of average size for the neighborhood at 942 sqft and features a renovated basement and a detached garage.

The appeal lies in its strong value proposition within a mature community. The assessed value is notably above average for both the immediate street and the broader King Edward area, suggesting the property is viewed favorably relative to its peers. This makes it a practical entry point into a stable neighborhood. It would suit first-time buyers or downsizers looking for a manageable single-level layout with the bonus of a finished basement, and it holds particular interest for value-conscious buyers who prioritize land size over a large interior footprint—a less common find in city infill neighborhoods.

Frequently Asked Questions

1. How does the property’s value compare to recent sales?
The home last sold in August 2022 for an estimated $33.5k–$36.5k. Its current assessed value of $31.2k is above the local average, indicating its perceived market value has held strong relative to nearby properties.

2. Is the living space smaller than typical Winnipeg homes?
Yes. While the living area is average for the King Edward neighborhood, it is below the Winnipeg city-wide average. The trade-off is the significantly larger-than-average lot, shifting the balance from interior to exterior space.

3. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. This would require clarification through a viewing or direct inquiry with the seller to understand the finish quality, layout, and permitted uses.

4. Why is the assessed value higher than the neighborhood average?
Several factors likely contribute, including the substantial lot size, the renovated basement, and the property’s condition relative to others. A higher assessment often reflects positive attributes that distinguish it from nearby averages.

5. How can I find out the exact historical sale price?
The exact sold price is not publicly displayed. The listing service offers to provide this information manually via email upon request, with a commitment to reply by the end of the same business day.

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