52.7
Fair
Property score
52.7
Fair
Overall 52.7
Smaller than most nearby homes
700 sqft (bottom 13%)
Built in 1948
Located in a high-income area
with median household income of ~94k
Transit 70.0
1-min walk to transit with 1 nearby route
Within 500m: 1 dining spot, and 4 parks nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
26% smaller 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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52.7 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
519 Ferry Road — 5 amenities found within 500 m, across 2 categories, including 1 dining (nearest 479 m), 4 parks (nearest 116 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 15% | Bottom 18% | Bottom 7% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 519 Ferry Road, Winnipeg
Key Characteristics & Buyer Appeal
This one-storey home on Ferry Road in the King Edward neighbourhood is a compact, no-frills property built in 1948. With 700 square feet of living space, it is notably smaller than average for both the immediate area and the city overall. Its primary physical assets are a detached garage and a land parcel of 4,283 square feet, which is above average for the street and presents a key opportunity. The home’s assessed value is modest and sits around the average for its local context.
The appeal here is largely practical and potential-focused. It suits first-time buyers or investors seeking an affordable entry point into the Winnipeg market, with monthly costs likely to be manageable. The larger-than-standard lot is a significant asset, offering room for expansion, gardening, or future outdoor amenities. This property would also suit a minimalist buyer comfortable with a smaller footprint or someone viewing it as a long-term hold with renovation or redevelopment potential. It’s not a turn-key home for a growing family, but a straightforward canvas for a pragmatic buyer.
Frequently Asked Questions
1. Is this a "fixer-upper"?
While the listing doesn’t detail condition, the home's age (1948) and below-average living area suggest it likely requires updates. Buyers should budget for modernizing essentials like wiring, plumbing, or insulation.
2. Why is the assessed value so much lower than the city-wide average?
The assessed value reflects the home's smaller size, age, and the local market conditions of the King Edward neighbourhood. It is assessed in line with similar properties on the same street, indicating the valuation is accurate for its specific context.
3. What can be done with the larger lot?
The lot size is a standout feature. It provides valuable outdoor space and future options, such as adding a deck, creating a generous garden, or even exploring the possibility of a lateral addition (subject to zoning and permit approvals).
4. How does the sold price history from 2020 relate to today’s value?
The 2020 sale in the $15.5k–$18.5k range provides a historical benchmark, but market conditions have shifted since then. Current value is better gauged by recent comparable sales and the assessed value, which has risen to $21,800.
5. What are the immediate next-door properties like?
The listing shows several adjacent homes on Ferry Road, suggesting a well-established streetscape. Reviewing these nearby properties can give a sense of the neighbourhood's character and maintenance standards.
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