Property score
58.6
Fair
Overall 58.6 · Newer than most nearby homes
904 sqft (bottom 49%) · Built in 2011 (63 yrs newer 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, 1 healthcare facility, and 5 shops nearby
Living Area
Near average
5% smaller than neighborhood avg.
Year Built
Above average
63 yrs newer 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
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58.6 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
247 Collegiate Street — 34 amenities found within 500 m, across 7 categories, including 14 dining (nearest 229 m), 3 education (nearest 374 m), 1 healthcare (nearest 489 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 9% | Top 10% | Top 44% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 21% | Top 22% | Bottom 42% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview & Key Characteristics
This bi-level home at 247 Collegiate Street in Winnipeg's King Edward neighbourhood presents a modern offering in an area rich with character. Built in 2011, it is a notably newer construction compared to many surrounding heritage homes. Its key appeal lies in this balance: it offers contemporary living (modern systems, a renovated basement) on a generous 2,708 sqft lot within an established, central community.
The 904 sqft living area is efficient and ranks well for space in the broader Winnipeg context. Financially, the property shows solid value retention, with a sold price increase from $310k in 2020 to $360k in 2023. It suits first-time buyers or downsizers seeking a low-maintenance, modern home without sacrificing yard space, and investors attracted by its newer build and consistent appreciation in a stable neighbourhood.
A thoughtful perspective is its positioning within the streetscape. While the home itself is newer than 83% of houses on its street, it sits among much older properties, suggesting a blend of community charm with private, modern convenience. The lot size is a significant asset, offering potential for outdoor living or expansion that many newer infill properties lack.
Frequently Asked Questions
1. How does the age of this home compare to others in the area?
This home was built in 2011, making it significantly newer than the majority of homes in King Edward, which are often a century old. This means likely fewer concerns with outdated major systems.
2. The living area is 904 sqft. Is that typical?
For a bi-level in Winnipeg, this is a comfortable size. It ranks in the top half for living area within the neighbourhood and top 20% city-wide, indicating it's more spacious than many comparable properties.
3. What does the sold price history indicate?
The home sold for $310,000 in July 2020 and then $360,000 in April 2023. This appreciation suggests a strong market for well-maintained, newer homes in the area.
4. Is the assessed value a reliable indicator of the listing price?
Not directly. The assessed value for tax purposes is $33.1k, but market value is determined by recent sales. The 2023 sale at $360k is a far more relevant benchmark for current value.
5. How does the lot size impact the property's value?
The 2,708 sqft lot is a key feature, ranking in the top 18% on its street. In an area with many older, narrower lots, this provides valuable outdoor space and is a differentiator from tighter infill developments.
