78 Edenwood Place

Royalwood, Winnipeg

Property score

93.7

Excellent

Overall 93.7 · Larger and newer than most nearby homes

3,538 sqft (top 1%) · Built in 2011 (8 yrs newer than avg)

Located in a high-income area with median household income of ~155k

Transit 52.0 · 5-min walk to transit with 1 nearby route · Within 500m: 5 parks nearby

Living Area

Above average

92% larger than neighborhood avg.

Year Built

Above average

8 yrs newer than neighborhood avg.

Mother tongue

English · 64%Chinese · 7%

Past 10 years Royalwood sales snapshot (~80% of all data)

Sold Count

454

Median price

680.1k

$/sqft

$350/sqft

Avg build year

2003

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Property score

93.7 is composed by the two sections below.

Property Score

95.4Excellent
Living Area100
3,538 sqftExcellent
Year Built94
2011Excellent
Lot Size91
7,911 sqftExcellent
Neighbourhood Sales Activity59
Fair

Community Score

91.1Excellent
Household Income94
Excellent
Education Level91
Excellent
Housing Stress83
Excellent
Core Housing Need100
Excellent
Employment Health76
Good

Neighbourhood Sales

Royalwood

How to read: Share of sales in each ~$50k price band for “royalwood” (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: #46111203

Community deep dive

$155K

Median household income

$182K

Average household income

5%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.7

P90 / P10 ratio

7%

Single-person households

44%

Families with children

Population, labour & age

Population (2021)1,475
Labour force participation rate73%
Median age42.8
Avg household size3.1
Unemployment rate9%
Population density1843 / km²

Households & income

Low income (LIM-AT, % pop.)5%
Single-person households7%
Couple families with children44%
Median household income (2020)$155K

Housing

Renter households7%
Condominium dwellings19%
Median dwelling value (owners)$552K

Diversity, education & language

Immigrants (share of pop.)31%
Visible minority43%
Bachelor's or higher (25–64)56%
Mother tongue (1st)English · 63%
Mother tongue (2nd)Chinese · 7%

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

Rankings

Living Area

Elite
3,538 sqft
0255075100
Same streetTop 2%Same areaTop 1%CitywideTop 1%
Same street · Edenwood Place
#1 / 46
Top 2% · Avg 2,046 sqft
Same area · Royalwood
#16 / 1,464
Top 1% · Avg 1,843 sqft
Citywide · Winnipeg
#868 / 194,458
Top 1% · Avg 1,342 sqft

Tax-Assessed Value

Elite
1.07M
0255075100
Same streetTop 2%Same areaTop 5%CitywideTop 1%
Same street · Edenwood Place
#1 / 46
Top 2% · Avg 698.6k
Same area · Royalwood
#68 / 1,464
Top 5% · Avg 620.4k
Citywide · Winnipeg
#1,603 / 194,458
Top 1% · Avg 390.1k

Year Built

Elite
2011
0255075100
Same streetTop 9%Same areaTop 4%CitywideTop 10%

Lot Size

above average
7,911 sqft
0255075100
Same streetTop 28%Same areaTop 24%CitywideTop 12%

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

78 Edenwood Place — 5 amenities found within 500 m, across 1 categories, including 5 parks (nearest 350 m).

Search radius
🌳Parks5

Crime & Safety

Royalwood · WPS public data · 2026

Annual incidents

3

2026

vs. city avg

-90%

relative to avg

Year-over-year

-94%

vs. prior year

Primary type

Property

67%

Sales History

78 Edenwood Place: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.

Related homes

Highlights & common questions: 78 Edenwood Place, Winnipeg

Property Overview & Key Characteristics

This 2011 two-storey home in Royalwood is a standout property defined by its generous proportions and established desirability. Its primary appeal lies in offering substantial space on a large lot, combined with the value of a recently renovated basement. At over 3,500 sq ft of living area on a nearly 8,000 sq ft lot, it ranks in the top tier for size both locally and city-wide. The home suits buyers looking for a move-in ready, spacious family home in a mature neighbourhood without the premium of a brand-new build. It’s particularly well-matched for those who value ample indoor and outdoor space for growing or multi-generational families, and for owners who appreciate a home that already holds a strong positional value relative to its peers, as evidenced by its top-tier assessed value ranking.

Frequently Asked Questions

1. How does the age of the home (built 2011) factor into its value?
At 15 years old, this home is past the initial wear-and-tear phase of a new build but is still considered modern in layout and systems. It likely offers a balance of established neighbourhood maturity while avoiding the major renovation timelines common with much older properties.

2. The assessed value is notably high for the area. What does this indicate?
The assessment ranks in the top 1-4% of the neighbourhood, which typically reflects the property's above-average square footage, lot size, and recent improvements like the basement renovation. It suggests the municipal valuation recognizes it as a premium home within Royalwood.

3. What is the significance of the "renovated" basement?
A finished basement in a home of this size significantly expands usable living space, potentially for recreation, guests, or a home office. It’s a key functional upgrade that adds immediate utility without the need for a future project.

4. Who might this home not be ideal for?
Given its size and likely corresponding utility costs and maintenance, it may not suit first-time buyers, those seeking a low-maintenance lifestyle, or purchasers with a budget strictly at the neighbourhood's average price point.

5. The lot is large, but is there a pool or specific outdoor features?
The listing specifies no pool. The appeal of the large lot lies in the potential for private outdoor living, gardening, play space, or future landscaping projects, rather than in existing built recreational features.