50.1
Fair
Property score
50.1
Fair
Overall 50.1
Smaller and older than most nearby homes
922 sqft (bottom 20%)
Built in 1916 (24 yrs older than avg)
Located in a above-average income area
with median household income of ~81k
Transit 86.0
4-min walk to transit with 4 nearby routes
Within 500m: 12 dining spots, 3 schools, 4 shops, and 1 park nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
31% smaller than neighborhood avg.
Year Built
Below average
24 yrs older than neighborhood avg.
Mother tongue
English · 88%French · 3%
Past 10 years Bruce Park sales snapshot (~80% of all data)
193
190k
$201/sqft
1940
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50.1 is composed by the two sections below.
Property Score
Community Score
Bruce Park
How to read: Share of sales in each ~$50k price band for “bruce park” (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: #46110249
$81K
Median household income
$87K
Average household income
10%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.2
P90 / P10 ratio
30%
Single-person households
21%
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
161 Collegiate Street — 25 amenities found within 500 m, across 6 categories, including 12 dining (nearest 182 m), 3 education (nearest 191 m), 4 shopping (nearest 340 m).
Bruce Park · WPS public data · 2026
Annual incidents
4
2026
vs. city avg
-86%
relative to avg
Year-over-year
▼ -95%
vs. prior year
Primary type
Property
75%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 14% | Bottom 2% | Bottom 5% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
161 Collegiate Street is a 1916 one-and-a-half storey home in Winnipeg's Bruce Park neighbourhood. It sits on a 2,711 sqft lot and offers 922 sqft of living space, featuring a basement (not renovated) and a detached garage.
Key Characteristics & Appeal
This home presents a straightforward opportunity, primarily for value-focused buyers or investors. Its key appeal lies in its land value and location within a mature neighbourhood. The lot size is notably larger than many in Bruce Park and is above average for the immediate street, offering potential for future expansion or outdoor space in a city where lot size often dictates value. With a very low assessed value and a last sale price of $16,500 in 2016, it stands as one of the most affordable entry points into the Winnipeg market. This is not a move-in-ready property; its age and unrenovated state mean it requires vision and investment.
It would best suit a hands-on buyer looking for a foundational project—whether as a long-term renovation, a candidate for substantial updating, or a land-value play. It’s also a practical consideration for an investor seeking a low-cost asset with rental potential after improvements. A less obvious perspective is its appeal to those wishing to minimize their property tax base, as the assessed value is significantly below city averages.
Frequently Asked Questions
1. What does "one-and-a-half storey" mean for this home?
Typically, this style features a main floor with principal rooms and a second floor under sloping roof lines, often creating cozy bedrooms with reduced ceiling height in some areas. Given its 1916 build date, expect classic layouts and character details.
2. How significant is the "unrenovated basement" condition?
This indicates the basement is in original or functional condition but has not been modernized or finished. Buyers should budget for potential updates to mechanical systems, insulation, or moisture management, and view it as raw space.
3. The assessed value seems very low compared to the city average. Why?
The assessed value reflects the property's current state, age, and living area relative to similar properties. It is aligned with values on its street but is below averages for the wider neighbourhood and city, which is consistent with an older, unrenovated home on a modest-sized lot in its area.
4. Is the detached garage a standard size?
The listing confirms a detached garage but does not specify dimensions. This is common for older homes and provides useful storage or parking, but the structure's condition and size should be verified during a viewing.
5. How does the lot size compare to nearby properties?
The 2,711 sqft lot is larger than many in the Bruce Park area, where comparable homes average about 5,993 sqft. On Collegiate Street itself, it is closer to the average. This suggests the property has a proportionally larger yard than some neighbours, which is a key feature.
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