Property score
51.3
Fair
Overall 51.3 · Newer than most nearby homes
899 sqft (bottom 47%) · Built in 1955 (7 yrs newer than avg)
Located in a above-average income area with median household income of ~75k
Transit 74.0 · 5-min walk to transit with 2 nearby routes · Within 500m: 1 dining spot, 1 school, 5 parks, and 1 sports facility nearby
Living Area
Near average
6% smaller than neighborhood avg.
Year Built
Above average
7 yrs newer than neighborhood avg.
Mother tongue
English · 76%Tagalog · 9%
Past 10 years King Edward sales snapshot (~80% of all data)
1,128
356.6k
$349/sqft
1948
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51.3 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: #46110238
$75K
Median household income
$87K
Average household income
12%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.9
P90 / P10 ratio
30%
Single-person households
22%
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
511 Marjorie Street — 8 amenities found within 500 m, across 4 categories, including 1 dining (nearest 418 m), 1 education (nearest 300 m), 5 parks (nearest 157 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 15% | Top 11% | Top 46% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
511 Marjorie Street is a well-situated, one-storey home in Winnipeg's King Edward neighbourhood. Its primary appeal lies in offering solid value within a mature community, presenting a balanced proposition rather than standout luxury. The home is practical, with a renovated basement adding functional living space to the 899 sqft main floor. A key, less obvious asset is the generous 4,837 sqft lot, which is significantly larger than most in the immediate area and offers ample outdoor space or future potential in a neighbourhood where lots are typically smaller.
This property would suit first-time homebuyers seeking an entry point into a stable area without a major renovation project, or downsizers looking for a manageable single-level layout with a low-maintenance footprint. Its assessed value positions it as an affordable option within the city, especially for those prioritizing lot size and location over a large interior.
Key Details & FAQs
Frequently Asked Questions
1. How does this home compare in size to others nearby?
At 899 sqft of living area, the house itself is very close to the average size for both Marjorie Street and the wider King Edward neighbourhood. The real differentiator is the land; the lot is over 1,000 sqft larger than the area average, providing more yard space.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This is a key point to clarify with the selling agent to understand if it's a finished recreational space, contains additional bedrooms, or has updated mechanical systems.
3. Is the lack of a garage a significant drawback?
This depends on the buyer's needs. For some, the large lot may offer room to add a garage or shed in the future. For others, it means relying on street parking, which is common in older Winnipeg neighbourhoods. It's a trade-off that contributes to the home's affordability.
4. The home sold very recently. Why is it back on the market?
The property sold in December 2024. While the reason for the quick resale isn't provided, such situations can sometimes present an opportunity and are worth inquiring about. It could be due to a change in the previous buyer's circumstances rather than an issue with the property.
5. How does the assessed value relate to the likely selling price?
The city's assessed value is $240,000 for taxation purposes. The home's recent sale price range ($335k-$365k) is the more current indicator of its market value, reflecting what buyers were recently willing to pay in the open market.
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