Property score
42.0
Below average
Overall 42.0 · Smaller than most nearby homes
750 sqft (bottom 21%) · Built in 1918 (30 yrs older than avg)
Located in a above-average income area with median household income of ~76k
Transit 80.0 · 4-min walk to transit with 3 nearby routes · Within 500m: 14 dining spots, 3 schools, 5 shops, and 3 parks nearby
Living Area
Below average
21% 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
42.0 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
231 Collegiate Street — 33 amenities found within 500 m, across 6 categories, including 14 dining (nearest 182 m), 3 education (nearest 320 m), 5 shopping (nearest 170 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 20% | Bottom 19% | Bottom 7% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 17% | Bottom 17% | Bottom 6% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 231 Collegiate Street, Winnipeg
Section 1: Key Characteristics & Appeal
This is a compact, one-storey home built in 1918 on a standard city lot in the King Edward neighbourhood. Its key characteristic is its affordability, reflected in a below-average assessed value and recent sale prices. With 750 sqft of living space and an unrenovated basement, it is a smaller, no-frills property.
The appeal lies in its position as a genuine entry point into homeownership. It suits buyers with a limited budget who prioritize getting into the market over move-in-ready condition, such as first-time buyers, investors looking for a rental property, or handy individuals who see potential in a home that needs updating. A less obvious perspective is that its smaller size and lot, while below area averages, translate to lower utility costs and less maintenance—a practical advantage for those seeking simplicity. Its age places it around the neighbourhood average, meaning it fits the area's character without being an outlier in terms of upkeep expectations.
Section 2: Frequently Asked Questions
1. Is this a "fixer-upper"?
Yes, the listing notes the basement is unrenovated. Given the home's age and below-average metrics for size and value compared to the area, buyers should anticipate a property that likely requires modernization and upkeep.
2. Why is the assessed value so much lower than the city-wide average?
The assessed value is based on the property's specific attributes—its smaller size, age, and condition—within its market context. It is more informative to compare it to the King Edward neighbourhood average, where it is still below average but much closer to the norm for the area.
3. What type of neighbourhood is King Edward?
King Edward is an established, central Winnipeg neighbourhood with a mix of older homes. The property's metrics (like year built and lot size) are typical for the area, indicating a mature community with modest, character homes.
4. How stable has the property's value been?
Public sale price data from 2017 and 2023 shows a very consistent range, suggesting stable, modest value in its market segment without dramatic appreciation.
5. Are the lot size and living area a significant disadvantage?
While below the averages for the street and neighbourhood, they are not extreme outliers. The lot is a standard city dimension, and the living area is functional for a small household. This is part of what makes the property affordable.
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.
