Property score
70.4
Good
Overall 70.4 · Larger and newer than most nearby homes
1,404 sqft (top 6%) · Built in 2023 (75 yrs newer than avg)
Located in a above-average income area with median household income of ~67.5k
Transit 86.0 · 3-min walk to transit with 4 nearby routes · Within 500m: 14 dining spots, 3 schools, 5 shops, and 4 parks nearby
Living Area
Above average
47% larger than neighborhood avg.
Year Built
Above average
75 yrs newer than neighborhood avg.
Mother tongue
English · 69%Tagalog · 15%
Past 10 years King Edward sales snapshot (~80% of all data)
1,128
356.6k
$349/sqft
1948
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70.4 is composed by the two sections below.
Property Score
Community Score
King Edward
How to read: Share of sales in each ~$50k price band for “king edward” (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: #46110251
$68K
Median household income
$88K
Average household income
14%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.7
P90 / P10 ratio
37%
Single-person households
19%
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
220 Collegiate Street — 34 amenities found within 500 m, across 6 categories, including 14 dining (nearest 123 m), 3 education (nearest 256 m), 5 shopping (nearest 104 m).
King Edward · WPS public data · 2026
Annual incidents
32
2026
vs. city avg
+8%
relative to avg
Year-over-year
▼ -92%
vs. prior year
Primary type
Property
47%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 2% | Top 1% | Top 12% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 3% | Bottom 2% | Bottom 1% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 220 Collegiate Street, Winnipeg
Section 1: Key Characteristics & Appeal
This is a modern, two-storey home built in 2023, offering a move-in-ready experience in Winnipeg's King Edward neighbourhood. Its primary appeal lies in its new construction status and above-average interior space. With 1,404 sqft of living area, it ranks within the top 6% for size both on its street and in the broader neighbourhood, providing more room than most nearby homes. The basement has been renovated, adding to its functional space.
The property stands out for its elite assessed value ranking (top 2% locally), indicating it is considered a high-value asset relative to its surroundings. This suggests strong investment in finishes and systems for its age. However, the lot is compact at 2,707 sqft, which is below average for the area and city. This creates a low-maintenance yard but less private outdoor space.
This home would best suit buyers prioritizing a modern, low-maintenance build with generous interior square footage over a large yard. It’s ideal for professionals, small families, or investors seeking a newer property with recent renovations already completed. The strong assessed value also makes it noteworthy for those focused on asset value within established neighbourhoods.
Section 2: Frequently Asked Questions
1. Why is the assessed value so high compared to nearby homes?
The assessed value ranks in the top 2% for the street and neighbourhood, largely due to the home being newly built in 2023. Modern construction, materials, systems, and the renovated basement contribute to a higher valuation than older, unrenovated homes in the area.
2. What are the trade-offs with a newer home on a smaller lot?
You gain a modern, energy-efficient home with contemporary layouts and minimal immediate repairs. The trade-off is less outdoor privacy and garden space compared to older homes in the area on larger lots. The compact lot means lower yard maintenance but limited potential for expansions like a large garage.
3. How does the living space compare practically?
With 1,404 sqft, the living area is significantly above the local average (≈950-977 sqft). This means more room for dedicated home offices, family living areas, or storage compared to many neighbouring properties, which is a key advantage in this location.
4. What does the sold price history indicate?
The home sold previously in 2023 for between $51.5k and $54.5k, consistent with its current high assessed value. A prior sale in 2017 was for a far lower amount ($9.5k-$12.5k), suggesting the land was purchased and the new home was built or in planning at that time, reflecting the property's complete transformation.
5. Is the lack of a garage a concern?
The property has no garage. This is common for infill lots in older neighbourhoods and contributes to the smaller lot size. Buyers should consider on-street parking or the potential cost of adding a parking pad or structure, subject to local regulations.
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