48 Prince Edward Street

North Point Douglas, Winnipeg

Property score

48.0

Below average

Overall 48.0 · Newer than most nearby homes

1,077 sqft (bottom 33%) · Built in 1949 (27 yrs newer than avg)

Located in a average-income area with median household income of ~52.4k

Transit 80.0 · 5-min walk to transit with 3 nearby routes · Within 500m: 1 school, 5 parks, and 3 place of worships nearby

Living Area

Below average

18% smaller than neighborhood avg.

Year Built

Above average

27 yrs newer than neighborhood avg.

Mother tongue

English · 80%French · 2%

Past 10 years North Point Douglas sales snapshot (~80% of all data)

Sold Count

184

Median price

255k

$/sqft

$138/sqft

Avg build year

1922

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Property score

48.0 is composed by the two sections below.

Property Score

46.4Low
Living Area1,077 sqft52Fair
Year Built194930Low
Lot Size4,072 sqft53Fair
Neighbourhood Sales Activity24Low

Community Score

50.3Fair
Household Income56Fair
Education Level34Low
Housing Stress63Fair
Core Housing Need50Fair
Employment Health42Low

Neighbourhood Sales

North Point Douglas

How to read: Share of sales in each ~$50k price band for “north point douglas” (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: #46110671

Community deep dive

$52K

Median household income

$68K

Average household income

29%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.2

P90 / P10 ratio

38%

Single-person households

15%

Families with children

Population, labour & age

Population (2021)661
Labour force participation rate50%
Median age32.8
Avg household size2.5
Unemployment rate12%
Population density6009 / km²

Households & income

Low income (LIM-AT, % pop.)29%
Single-person households38%
Couple families with children15%
Median household income (2020)$52K

Housing

Renter households56%
Condominium dwellings0%
Median dwelling value (owners)$196K

Diversity, education & language

Immigrants (share of pop.)16%
Visible minority14%
Bachelor's or higher (25–64)15%
Mother tongue (1st)English · 80%
Mother tongue (2nd)French · 2%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

around average
1,077 sqft
0255075100
Same streetBottom 32%Same areaBottom 33%CitywideBottom 37%
Same street · Prince Edward Street
#15 / 22
Bottom 32% · Avg 1,137 sqft
Same area · North Point Douglas
#425 / 631
Bottom 33% · Avg 1,321 sqft
Citywide · Winnipeg
#123,075 / 194,458
Bottom 37% · Avg 1,342 sqft

Tax-Assessed Value

around average
163k
0255075100
Same streetBottom 41%Same areaTop 41%CitywideBottom 4%
Same street · Prince Edward Street
#13 / 22
Bottom 41% · Avg 163.3k
Same area · North Point Douglas
#257 / 631
Top 41% · Avg 157.2k
Citywide · Winnipeg
#186,366 / 194,458
Bottom 4% · Avg 390.1k

Year Built

above average
1949
0255075100
Same streetTop 32%Same areaTop 19%CitywideBottom 27%

Lot Size

above average
4,072 sqft
0255075100
Same streetTop 32%Same areaTop 30%CitywideBottom 27%

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

48 Prince Edward Street — 9 amenities found within 500 m, across 3 categories, including 1 education (nearest 403 m), 5 parks (nearest 112 m).

Search radius
🏫Education1
🌳Parks5
Worship3

Crime & Safety

North Point Douglas · WPS public data · 2026

Annual incidents

33

2026

vs. city avg

+12%

relative to avg

Year-over-year

-96%

vs. prior year

Primary type

Property

45%

Sales History

Sold 3/2024CA$150k–200k
Sold price

Same street

Top 33%

Same area

Top 30%

City-wide

Bottom 8%

Related homes

Highlights & common questions: 48 Prince Edward Street, Winnipeg

Property Overview: 48 Prince Edward Street, Winnipeg

Key Characteristics & Appeal

This home at 48 Prince Edward Street in North Point Douglas presents a practical opportunity in Winnipeg’s market. Built in 1949, its 1,077 sqft living space and 4,072 sqft lot are comfortably above average for the immediate neighbourhood, offering more interior and outdoor space than many nearby homes. The city-assessed value of $163k is very typical for the street and area, but it stands out for being significantly below the Winnipeg-wide average, highlighting its position as a more accessible entry point into homeownership.

The primary appeal lies in its value proposition within its community. It’s a home that isn’t an outlier on its block but offers solid, proportional space for the price. It would suit a first-time buyer or an investor looking for a straightforward, no-frills property in an established neighbourhood. A thoughtful perspective is that its 1949 build date, while not new, is actually newer than many homes in North Point Douglas, potentially suggesting updates over time or a different construction era than its oldest neighbours. The recent sale in early 2024 (price estimated between $150k-$200k) indicates a active, liquid market for homes at this scale.

Frequently Asked Questions

1. How does this home’s value compare to the rest of Winnipeg?
Its assessed value is notably below the city-wide average, placing it in the top 4% of least-expensive homes citywide. This indicates it represents a more budget-conscious option compared to the Winnipeg market as a whole.

2. Is the lot size a good feature?
Yes. The land area is larger than the average lot on its street and in North Point Douglas, providing more outdoor space than many direct comparables in the community.

3. What does the “Sold 3/2024” price range mean?
The property was sold in March 2024. The publicly available data shows the sale price fell within the $150,000 to $200,000 range. For the exact sale price, you would need to request a manual lookup from the site via email.

4. Is this an older home compared to others in the area?
Interestingly, no. While 77 years old, it ranks in the top 19% for year built in North Point Douglas, meaning it is newer than over 80% of comparable homes in the area. The neighbourhood primarily consists of homes built even earlier.

5. Where can I see more detailed comparisons with nearby properties?
The listing suggests using the “Open neighbourhood map analysis” feature to visually compare this property with immediate neighbours on metrics like year built, lot size, and assessed value.

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