Property score
70.4
Good
Overall 70.4 · Larger and newer than most nearby homes
1,400 sqft (top 6%) · Built in 2024 (76 yrs newer 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
Above average
47% larger than neighborhood avg.
Year Built
Above average
76 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
278 Collegiate Street — 32 amenities found within 500 m, across 7 categories, including 12 dining (nearest 220 m), 2 education (nearest 473 m), 1 healthcare (nearest 454 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 1% | Top 1% | Top 10% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 278 Collegiate Street, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home, built in 2024, stands out as a modern offering in Winnipeg's King Edward neighbourhood. Its primary appeal lies in its new construction, offering a move-in-ready experience with a modern, renovated basement and the benefit of full warranties. At 1,400 sqft, the living space is notably generous for the immediate area, ranking in the top 7% on its street.
The data reveals a compelling contrast: while the property itself (its building size, assessed value, and newness) ranks in the elite tier locally, it sits on a smaller, more urban-sized lot. This creates a specific value proposition. It perfectly suits buyers seeking low-maintenance, modern living without the upkeep of an older home or a large yard, such as young professionals, small families, or downsizers who prioritize interior space and new systems over outdoor square footage. The significantly higher assessed value compared to neighbouring homes underscores its perceived modern premium and suggests a strong investment in contemporary finishes and building standards.
Section 2: Frequently Asked Questions
1. What does the "elite" ranking for Assessed Value mean?
It means this home's official assessed value is in the top 1-2% of all homes in both the King Edward neighbourhood and on Collegiate Street itself. This typically reflects its status as a new build with higher-quality materials and finishes compared to the area's predominantly older housing stock.
2. Is the smaller lot size a concern?
It depends on your lifestyle. The lot is smaller than area averages, which limits expansive gardening or large private outdoor space. However, this also translates to less yard maintenance. The trade-off is a larger, newer home on a more manageable property.
3. The sold price history shows a range. What's the actual price?
The provided range is based on public data. To receive the exact historical sold price, you must request it via the email button on the listing page. The service is manual but provided without marketing spam.
4. How does a 2024 home fit into an older neighbourhood?
It offers a unique blend: a brand-new, worry-free interior within an established community with mature trees and settled character. You benefit from modern energy efficiency and layouts while being part of a long-standing area.
5. There's no garage. What are the parking options?
The listing confirms there is no garage. Parking would be via on-street permit or, if space allows, a potential driveway pad (subject to city bylaws and lot configuration). This is a common configuration in this urban neighbourhood.
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