Property score
39.5
Below average
Overall 39.5 · Smaller than most nearby homes
680 sqft (bottom 10%) · Built in 1918 (30 yrs older than avg)
Located in a above-average income area with median household income of ~76k
Transit 86.0 · 3-min walk to transit with 4 nearby routes · Within 500m: 14 dining spots, 3 schools, 5 shops, and 2 parks nearby
Living Area
Below average
29% smaller than neighborhood avg.
Year Built
Near average
30 yrs older than neighborhood avg.
Mother tongue
English · 77%Tagalog · 10%
Past 10 years King Edward sales snapshot (~80% of all data)
1,128
356.6k
$349/sqft
1948
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
39.5 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: #46110241
$76K
Median household income
$74K
Average household income
9%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.7
P90 / P10 ratio
30%
Single-person households
23%
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
223 Collegiate Street — 32 amenities found within 500 m, across 6 categories, including 14 dining (nearest 161 m), 3 education (nearest 294 m), 5 shopping (nearest 158 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 | 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: 223 Collegiate Street, Winnipeg
Section 1: Key Characteristics & Appeal
This is a compact, one-storey home built in 1918, situated on a standard city lot in the King Edward neighbourhood. Its key characteristic is its modest scale, with a living area of 680 sqft that places it well below the average size for homes locally and citywide. The basement exists but is noted as not renovated, and the property has no garage or pool.
The primary appeal lies in its position as an entry-point property. With a very low assessed value compared to city averages, it represents one of the most accessible homeownership opportunities in Winnipeg. It suits a specific type of buyer: those seeking absolute minimal property tax liability, investors looking for a straightforward rental property with fundamentals over features, or handy individuals viewing it as a blank-slate project. A less obvious perspective is that its small size and vintage can appeal to those seeking a minimalist lifestyle with lower utility and maintenance costs. However, it requires a buyer comfortable with a home that ranks below average in most metrics for space and modern amenities.
Section 2: Frequently Asked Questions
1. Why is the assessed value so much lower than the citywide average?
The assessed value reflects the home's modest size, age, and basic condition. It is consistent with values for smaller, older homes in its immediate area, not with newer or larger homes across the broader city.
2. What does "basement, not renovated" typically mean?
This usually indicates a foundational basement space that is unfinished or in a very basic, utilitarian state. It likely lacks developed living areas and may be suited for storage or mechanical systems rather than comfortable living space.
3. Who would this property be most suitable for?
It is best suited for first-time buyers or investors with a very tight budget, or for purchasers who prioritize location and land ownership over the home's current condition and size. It is a practical choice over a luxurious one.
4. How does the lot size compare?
At 2,708 sqft, the lot is smaller than average for the street, neighbourhood, and city. This means less outdoor space but also less yard maintenance.
5. Where can I find the exact historical sale price?
The listed sale price range is based on public data. The exact sale price from May 2019 can be requested directly via email from the site, which provides the figure manually without marketing spam.
Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.
