Photo: Sajith T S · CC BY-SA 2.062% of King Edward’s homes were built before 1961, against 23% across Manitoba’s towns
Going by owners’ own estimates in 2021, the typical home is worth $250,000, the average one $255,389. These home values were given by owners themselves, in a census taken in May 2021. Sales are published too: 14,740 buyers in 2023, at a median $374,000. King Edward doesn’t get its own sale prices, assessed values, values by property type and building permits figures; the ones here come from the city of Winnipeg.
King Edward’s homes, by three sources
Three sources, each set against Manitoba’s towns only: provinces measure value differently, so they don’t line up across borders.
median, owners’ estimate
- Average
- $255K
- Owners
- 2,175
- Manitoba’s towns
- $300K
- The typical Canadian town
- $406K
median sale, wider area
- Average sale
- $400K
- ÷ buyers’ income
- 3×
- Buyers
- 14,740
- Manitoba’s towns
- $248K
all residential
- Manitoba’s towns
- $201K
Census 2021 (Statistics Canada); Canadian Housing Statistics Program, tables 46-10-0099 and 46-10-0093; Québec rôle d’évaluation foncière 2026 (MAMH).
Winnipeg’s detached houses are assessed 51% above the median of Manitoba’s towns
Of Winnipeg’s 222,340 residential properties on the 2024 roll, 79% are detached houses and 12% are condos.
Median assessment by type, 2024 the tick is the median of Manitoba’s towns
Canadian Housing Statistics Program, table 46-10-0093 (2024): residential properties on the assessment roll, vacant land left out. The ticks are the median of Manitoba’s towns with their own figure; assessments compare within a province only.
11% of King Edward’s homes need major repairs, against 6% for Manitoba’s towns
King Edward had 3,065 occupied homes at the 2021 census, 83% of them single-detached houses. A neighbourhood’s counts are summed from small census areas, so its parts can fall a little short of the whole.
Homes by period of construction the tick is the median of Manitoba’s towns
Homes by kind
| King Edward | Manitoba | Canada | |
|---|---|---|---|
| Condominiums | 2% | 5% | 8% |
| Needing major repairs | 11% | 6% | 6% |
| Too small for the household | 10% | 5% | 3% |
| Households in core housing need | 11% | 7% | 7% |
Census 2021 (Statistics Canada): occupied private dwellings; core housing need as Statistics Canada defines it. Ticks and columns are medians of the towns and neighbourhoods of 2,500 or more.
Winnipeg permitted 16.9 new homes a year per 1,000, close to the 13.7 of Manitoba’s towns
Winnipeg issued permits for 29,417 new homes from 2018 to 2023, or about 4,903 a year. 23% were single-unit buildings and the rest multi-unit ones, against 67% for Manitoba’s towns.
Most in 2021: 6,147 new homes
New homes a year per 1,000 homes
7,667 new homes in the 12 months to August 2026, up 34% on the year before
Monthly permits for the Winnipeg metro area
Statistics Canada, tables 46-10-0087 (building permits by census subdivision, 2018–2023: dwelling units created, new construction and conversions) and 34-10-0292 (monthly, metro areas). Per 1,000: units a year over 2019–2023 against occupied homes in 2021.
King Edward is 17% below the $300,000 median of Manitoba’s towns
188 of Manitoba’s towns (2,500 people or more), by median value at the 2021 census, dearest first.
Census 2021, owners’ estimates; towns and neighbourhoods of 2,500 or more, no city as a whole, no reserve.
Home values around King Edward
The places around King Edward at the 2021 census: median and average value, and how many own.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| King Edward | $250K | $255K | 71% | |
| Old Tuxedo | $352K | $475K | 65% | 1.5 |
| Deer Lodge | $300K | $318K | 78% | 1.7 |
| Minto | $254K | $256K | 71% | 1.9 |
| Sargent Park | $250K | $252K | 81% | 2.4 |
| North River Heights | $404K | $547K | 90% | 2.5 |
| Tuxedo | $695K | $662K | 63% | 2.5 |
Census 2021 values; km.
Questions about property prices in King Edward
How many households in King Edward are in core housing need?
In King Edward, 11% of households are in core housing need, against 7% for Manitoba’s towns: their home costs too much, is too small or needs major repairs, and nothing suitable nearby costs under 30% of their income.
Is King Edward expensive for Manitoba?
Less than most: Manitoba’s towns have a median of $300,000, and King Edward sits below it.
Can I see individual sales or prices by street?
No. Canada has no open register of individual sales; Statistics Canada publishes medians and averages by town only.
Sources: Statistics Canada, Census of Population 2021 · Statistics Canada, Canadian Housing Statistics Program · Statistics Canada, building permits (tables 46-10-0087 and 34-10-0292). Under the Statistics Canada Open Licence.
Adapted from Statistics Canada (Census of Population 2021, population estimates 2025, 2021 census boundaries) under the Statistics Canada Open Licence; this does not constitute an endorsement by Statistics Canada. Neighbourhood names in some cities © OpenStreetMap contributors (ODbL).