61.9
Fair
Property score
61.9
Fair
Overall 61.9
Compared with neighbourhood average
902 sqft (bottom 49%)
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, and 4 parks nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Near average
5% 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)
1,128
356.6k
$349/sqft
1948
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61.9 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
514 Parkview Street — 6 amenities found within 500 m, across 3 categories, including 1 dining (nearest 434 m), 1 education (nearest 338 m), 4 parks (nearest 155 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 | Bottom 42% | Top 50% | Bottom 21% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 514 Parkview Street, Winnipeg
Key Characteristics & Appeal
This 1954 one-storey home on Parkview Street presents a practical opportunity in Winnipeg's King Edward neighbourhood. Its primary appeal lies in a combination of space and value. At 902 sqft, the living area is modest but competitively sized for its immediate area and neighbourhood. The standout feature is the land: a 5,425 sqft lot that ranks in the top 9% for size both on the street and within King Edward, offering above-average outdoor space and potential.
The home includes a renovated basement and a detached garage. Its assessed value positions it as an above-average property within the neighbourhood context, suggesting a solid foundation of value relative to nearby homes. This property would suit first-time buyers or practical downsizers looking for a manageable single-level layout without sacrificing yard space. It also appeals to value-oriented buyers who see potential in a larger lot, whether for gardening, expansion, or simply enjoying more privacy than is typical for the area. The renovated basement adds functional living space, making it a pragmatic choice for those needing extra room without a large main-floor footprint.
Frequently Asked Questions
1. How does the property's value compare to the area?
The home's assessed value is above the average for the King Edward neighbourhood, indicating it is viewed as a comparatively valuable asset within this local market.
2. What is the significance of the lot size?
The lot is notably larger than most on the street and in the surrounding area. This is a less common find in established neighbourhoods and provides more private outdoor space and potential future flexibility than many comparable properties.
3. Is the living space sufficient for a small family?
At 902 sqft on the main floor, the living area is around the neighbourhood average. The renovated basement effectively adds to the usable space, making the total functional area more accommodating for a small household.
4. What can recent sale prices on the street tell me?
Nearby homes on Parkview Street have sold in recent years, providing concrete benchmarks for the street's market activity. The specific sold price for this property is available upon request to give you a precise historical reference.
5. Who might this home not suit?
Buyers seeking a move-in-ready, modern open-concept layout or very large interior spaces may find this 1954 bungalow less aligned with their needs. Its appeal is grounded in its lot size, neighbourhood value, and functional, updated basics like the basement.
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