Property score
41.3
Below average
Overall 41.3 · Smaller than most nearby homes
730 sqft (bottom 18%) · Built in 1918 (30 yrs older than avg)
Located in a above-average income area with median household income of ~67.5k
Transit 80.0 · 4-min walk to transit with 3 nearby routes · Within 500m: 12 dining spots, 2 schools, 1 healthcare facility, and 5 shops nearby
Living Area
Below average
23% smaller than neighborhood avg.
Year Built
Near average
30 yrs older 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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41.3 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
276 Collegiate Street — 32 amenities found within 500 m, across 7 categories, including 12 dining (nearest 227 m), 2 education (nearest 466 m), 1 healthcare (nearest 458 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 46% | Bottom 42% | Bottom 18% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This 730 sqft one-storey home on Collegiate Street in Winnipeg's King Edward neighbourhood presents a practical and affordable entry point into homeownership. Built in 1918, its key appeal lies in its renovated basement and detached garage, offering functional space beyond its modest main-floor living area. The lot, while smaller than many in the area at 2,707 sqft, provides manageable outdoor space with less maintenance. Its assessed value is consistently around the average for its immediate street and neighbourhood, suggesting a stable, no-surprises valuation in a well-established community.
This property would suit a first-time buyer, an investor looking for a manageable rental, or someone seeking a low-maintenance, cost-effective living situation. Its smaller scale is a practical match for individuals, couples, or small families who prioritize location and financial efficiency over sheer square footage. A thoughtful perspective for this home is to view its compact size and average valuation not as drawbacks, but as insulation from the premium prices and property taxes commanded by larger, more modern homes in the city, allowing for a simpler and potentially more flexible lifestyle.
Frequently Asked Questions
1. Is the house significantly smaller than others in Winnipeg?
Yes. At 730 sqft of living area, it ranks in the top 95% city-wide, meaning about 95% of homes in Winnipeg are larger. This confirms it's a compact, efficient property.
2. How does its value compare to the neighbourhood?
Its assessed value is very typical for King Edward, ranking almost exactly in the middle (Top 49%). This indicates it's priced in line with area norms, not over or under-valued based on municipal assessment.
3. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the details of the renovation or whether it includes a separate suite. This is a key detail to clarify with the seller or listing agent.
4. Given its age, what should I be concerned about?
Built in 1918, the core systems (like plumbing, electrical, and the foundation) may be older or have undergone updates. A thorough home inspection is essential to understand the condition and any potential upcoming maintenance inherent to a century-old home.
5. How does the lot size impact its potential?
The land area is below average for the street and neighbourhood. This means less yard for gardening or expansion, but also significantly lower maintenance. It limits the possibility of a large addition but may be ideal for those who prefer minimal outdoor upkeep.
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