194 Collegiate Street

Bruce Park, Winnipeg

Property score

59.0

Fair

Overall 59.0 · Older than most nearby homes

1,239 sqft (bottom 49%) · Built in 1918 (22 yrs older than avg)

Located in a above-average income area with median household income of ~69k

Transit 88.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 12 dining spots, 3 schools, 4 shops, and 2 parks nearby

Living Area

Near average

7% smaller than neighborhood avg.

Year Built

Below average

22 yrs older than neighborhood avg.

Mother tongue

English · 84%Tagalog · 4%

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

Sold Count

193

Median price

190k

$/sqft

$201/sqft

Avg build year

1940

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Property score

59.0 is composed by the two sections below.

Property Score

52.1Fair
Living Area1,239 sqft66Good
Year Built191816Low
Lot Size3,795 sqft46Low
Neighbourhood Sales Activity48Low

Community Score

69.3Good
Household Income70Good
Education Level72Good
Housing Stress63Fair
Core Housing Need76Good
Employment Health60Fair

Neighbourhood Sales

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.

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: #46110250

Community deep dive

$69K

Median household income

$100K

Average household income

9%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.5

P90 / P10 ratio

44%

Single-person households

14%

Families with children

Population, labour & age

Population (2021)468
Labour force participation rate63%
Median age51.6
Avg household size1.9
Unemployment rate11%
Population density1800 / km²

Households & income

Low income (LIM-AT, % pop.)9%
Single-person households44%
Couple families with children14%
Median household income (2020)$69K

Housing

Renter households50%
Condominium dwellings0%
Median dwelling value (owners)$324K

Diversity, education & language

Immigrants (share of pop.)17%
Visible minority17%
Bachelor's or higher (25–64)38%
Mother tongue (1st)English · 84%
Mother tongue (2nd)Tagalog · 4%

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

Rankings

Living Area

above average
1,239 sqft
0255075100
Same streetTop 15%Same areaBottom 49%CitywideTop 47%
Same street · Collegiate Street
#43 / 278
Top 15% · Avg 977 sqft
Same area · Bruce Park
#308 / 606
Bottom 49% · Avg 1,330 sqft
Citywide · Winnipeg
#90,597 / 194,458
Top 47% · Avg 1,342 sqft

Tax-Assessed Value

around average
274k
0255075100
Same streetTop 44%Same areaBottom 26%CitywideBottom 23%
Same street · Collegiate Street
#121 / 278
Top 44% · Avg 269.4k
Same area · Bruce Park
#449 / 606
Bottom 26% · Avg 352.3k
Citywide · Winnipeg
#150,265 / 194,458
Bottom 23% · Avg 390.1k

Year Built

around average
1918
0255075100
Same streetTop 49%Same areaBottom 28%CitywideBottom 12%

Lot Size

around average
3,795 sqft
0255075100
Same streetTop 38%Same areaBottom 20%CitywideBottom 23%

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

194 Collegiate Street — 27 amenities found within 500 m, across 6 categories, including 12 dining (nearest 43 m), 3 education (nearest 108 m), 4 shopping (nearest 202 m).

Search radius
🍽️Dining12
🏫Education3
🛒Shopping4
🌳Parks2
Fuel Stations2
Worship4

Crime & Safety

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%

Sales History

Sold 2/2021CA$250k–300k
Sold price

Same street

Top 38%

Same area

Bottom 36%

City-wide

Bottom 29%
Sold 1/2019CA$150k–200k
Sold price

Same street

Bottom 16%

Same area

Bottom 4%

City-wide

Bottom 6%

Related homes

Highlights & common questions: 194 Collegiate Street, Winnipeg

Property Overview: 194 Collegiate Street, Bruce Park, Winnipeg

Section 1: Key Characteristics & Appeal

This one-and-a-half storey home, built in 1918, presents a practical opportunity in Winnipeg's Bruce Park neighbourhood. Its key appeal lies in its efficient use of space and its position relative to the local market. With 1,239 sqft of living area, the home is notably spacious for its street, offering more room than most immediate neighbours. The land size is typical for Collegiate Street but is more modest compared to the broader neighbourhood and city, suggesting a manageable yard.

The home suits a value-conscious buyer, perhaps a first-time homeowner or an investor, who prioritizes interior space over a large lot. Its renovated basement adds functional living area. The historical sale data shows significant appreciation, indicating the area's growing desirability. A thoughtful perspective here is that while the home ranks below average in several city-wide metrics (like lot size and year built), it outperforms on its own street—highlighting a tight-knit block of character homes where this property is a strong contender. It’s for someone who sees value in a established community setting over a newer suburban build.

Section 2: Frequently Asked Questions

1. Is the lot size a disadvantage?
While the 3,795 sqft lot is below the Winnipeg average, it is very typical for Collegiate Street itself. This means lower maintenance than a larger property, which can be an advantage for many buyers.

2. How does the 1918 build year affect the home?
The age places it below average for the city, so a thorough inspection is wise. However, it is around the average age for its immediate street, suggesting the character and construction of the era are the norm in this specific location.

3. The assessed value seems low. Why?
The $27,400 assessment is for tax purposes and is not an indicator of market value. The home last sold for $270,000 in 2021, which is the more relevant figure for understanding its worth.

4. Who would this neighbourhood suit?
Bruce Park offers established community charm. The data shows this home's metrics are often stronger on its street than in the wider neighbourhood, suggesting a desirable micro-location within Bruce Park that appeals to those seeking a neighbourly feel.

5. What does the living area ranking tell us?
Ranking in the top 15% for living area on its street is a significant plus. It means you get more interior space than most homes on the block, which is a efficient use of the property's footprint.

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