508 Marjorie Street

King Edward, Winnipeg

Property score

61.3

Fair

Overall 61.3 · Newer than most nearby homes

926 sqft (top 46%) · Built in 1955 (7 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, 4 parks, and 1 sports facility nearby

Living Area

Near average

3% 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)

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 Area926 sqft42Low
Year Built195536Low
Lot Size4,774 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
926 sqft
0255075100
Same streetTop 45%Same areaTop 46%CitywideBottom 19%
Same street · Marjorie Street
#89 / 200
Top 45% · Avg 947 sqft
Same area · King Edward
#1,100 / 2,385
Top 46% · Avg 952 sqft
Citywide · Winnipeg
#157,928 / 194,458
Bottom 19% · Avg 1,342 sqft

Tax-Assessed Value

around average
282k
0255075100
Same streetTop 40%Same areaTop 34%CitywideBottom 25%
Same street · Marjorie Street
#80 / 200
Top 40% · Avg 266.5k
Same area · King Edward
#814 / 2,385
Top 34% · Avg 258.2k
Citywide · Winnipeg
#146,625 / 194,458
Bottom 25% · Avg 390.1k

Year Built

above average
1955
0255075100
Same streetTop 25%Same areaTop 29%CitywideBottom 34%

Lot Size

above average
4,774 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

508 Marjorie Street — 7 amenities found within 500 m, across 4 categories, including 1 dining (nearest 433 m), 1 education (nearest 293 m), 4 parks (nearest 171 m).

Search radius
🍽️Dining1
🏫Education1
🌳Parks4
💪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 8/2024CA$250k–300k
Sold price

Same street

Top 38%

Same area

Top 35%

City-wide

Bottom 31%

Related homes

Highlights & common questions: 508 Marjorie Street, Winnipeg

Property Overview

508 Marjorie Street is a one-storey home in Winnipeg's King Edward neighbourhood, built in 1955. Its key appeal lies in its balance of a generous, above-average lot size with a modest, efficiently sized living space. The home features a renovated basement and a detached garage.

Key Characteristics & Appeal

This property stands out for its land. At 4,774 sqft, the lot size is well above average for both the street and the wider King Edward area, offering significant outdoor space and potential in a mature neighbourhood. The living area (926 sqft) is typical for the immediate locale, suggesting a manageable, low-maintenance footprint. The renovated basement adds functional living space. Its assessed value is consistent with similar homes on the street, indicating a stable, established area.

The home would suit first-time buyers or downsizers looking for a classic Winnipeg character home with a sizable yard, without the upkeep of a larger house. It also appeals to value-oriented buyers who see potential in the generous lot, whether for gardening, expansion, or long-term property value.

Frequently Asked Questions

1. How does the lot size compare to a typical city lot?
At 4,774 sqft, it is larger than the average lot in King Edward and on Marjorie Street itself, but slightly below the Winnipeg city-wide average. It offers more private outdoor space than most direct neighbours.

2. Is the home larger or smaller than others nearby?
The living space is very close to the average for both Marjorie Street and the King Edward neighbourhood, but is notably smaller than the city-wide average home. It’s a comfortably sized home for the area.

3. What does the "above average" year built mean?
Built in 1955, it is newer than many homes on its street and in King Edward, where average build years are 1950 and 1948 respectively. This could suggest updates to core systems or a slightly different architectural style than the oldest homes in the area.

4. How recent is the sold price data?
The most recent recorded sale was in August 2024, with a price range between $255,000 and $285,000.

5. How can I get the exact historical sold prices?
The exact sold prices are not publicly displayed. You can request them via email from the site; they provide this data manually and state they will not use your email for unsolicited marketing.

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