288 Collegiate Street

King Edward, Winnipeg

Property score

44.9

Below average

Overall 44.9 · Compared with neighbourhood average

828 sqft (bottom 35%) · 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 · 3-min walk to transit with 3 nearby routes · Within 500m: 11 dining spots, 1 healthcare facility, 3 shops, and 4 parks nearby

Living Area

Below average

13% 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)

Sold Count

1,128

Median price

356.6k

$/sqft

$349/sqft

Avg build year

1948

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Property score

44.9 is composed by the two sections below.

Property Score

30.2Low
Living Area828 sqft32Low
Year Built191816Low
Lot Size2,708 sqft28Low
Neighbourhood Sales Activity71Good

Community Score

66.9Good
Household Income70Good
Education Level54Fair
Housing Stress52Fair
Core Housing Need76Good
Employment Health83Excellent

Neighbourhood Sales

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110251

Community deep dive

$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

Population, labour & age

Population (2021)621
Labour force participation rate75%
Median age36.8
Avg household size2.2
Unemployment rate7%
Population density3450 / km²

Households & income

Low income (LIM-AT, % pop.)14%
Single-person households37%
Couple families with children19%
Median household income (2020)$68K

Housing

Renter households29%
Condominium dwellings0%
Median dwelling value (owners)$248K

Diversity, education & language

Immigrants (share of pop.)29%
Visible minority45%
Bachelor's or higher (25–64)28%
Mother tongue (1st)English · 69%
Mother tongue (2nd)Tagalog · 14%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

around average
828 sqft
0255075100
Same streetBottom 35%Same areaBottom 35%CitywideBottom 11%
Same street · Collegiate Street
#182 / 278
Bottom 35% · Avg 977 sqft
Same area · King Edward
#1,547 / 2,385
Bottom 35% · Avg 952 sqft
Citywide · Winnipeg
#173,363 / 194,458
Bottom 11% · Avg 1,342 sqft

Tax-Assessed Value

around average
230k
0255075100
Same streetBottom 35%Same areaBottom 38%CitywideBottom 13%
Same street · Collegiate Street
#182 / 278
Bottom 35% · Avg 269.4k
Same area · King Edward
#1,472 / 2,385
Bottom 38% · Avg 258.2k
Citywide · Winnipeg
#169,054 / 194,458
Bottom 13% · Avg 390.1k

Year Built

around average
1918
0255075100
Same streetTop 49%Same areaBottom 44%CitywideBottom 12%

Lot Size

below average
2,708 sqft
0255075100
Same streetBottom 18%Same areaBottom 29%CitywideBottom 7%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

288 Collegiate Street — 27 amenities found within 500 m, across 6 categories, including 11 dining (nearest 182 m), 1 healthcare (nearest 436 m), 3 shopping (nearest 192 m).

Search radius
🍽️Dining11
🏥Healthcare1
🛒Shopping3
🌳Parks4
Fuel Stations2
Worship6

Crime & Safety

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%

Sales History

Sold 11/2020CA$200k–250k
Sold price

Same street

Bottom 49%

Same area

Bottom 45%

City-wide

Bottom 19%

Related homes

Highlights & common questions: 288 Collegiate Street, Winnipeg

Property Overview: 288 Collegiate Street, Winnipeg

Section 1: Key Characteristics & Appeal

This one-storey home, built in 1918, presents a practical and renovated living space in Winnipeg's King Edward neighbourhood. With 828 square feet of living area and a recently updated basement, it offers a manageable footprint for a small household or first-time buyer. Its assessed value of $230k positions it as an accessible entry point into the market, especially when compared to city-wide averages.

The appeal lies in its neighbourhood context. Within the King Edward area and on Collegiate Street itself, the home's size and value are squarely around average, meaning it fits comfortably within the local fabric without overextending financially. The lot, while smaller than area averages at 2,708 sqft, reduces maintenance responsibilities. This property suits buyers looking for a straightforward, renovated character home without the scale or price of a larger modern build. It would particularly resonate with those who value a sense of community in an established neighbourhood over maximizing square footage, and who see the benefit in a home that is competitive within its immediate locale rather than the broader city.

Section 2: Frequently Asked Questions

1. How does this home’s value compare to recent sales on the street?
Based on available data, a comparable home at 306 Collegiate Street (also built in 1918, slightly smaller) sold for between $215k and $245k in late 2020. This suggests 288 Collegiate Street's current assessment is in a similar range, though market conditions have likely shifted since.

2. Is the smaller lot size a significant disadvantage?
It depends on your priorities. The lot is below the average size for both the street and neighbourhood, which means less yard space for gardening or expansion. However, this also translates to less upkeep, lower landscaping costs, and a potentially more compact, community-oriented streetscape.

3. What does "around average" for the neighbourhood really mean for me?
It indicates this home is typical for King Edward in terms of size, value, and age. You are not overpaying for premium features nor buying a standout fixer-upper compared to your immediate neighbours. This can provide stability and predictability.

4. The home is over 100 years old. What should I be concerned about?
While the basement has been renovated, the core structure is from 1918. A thorough inspection is essential to understand the condition of foundational elements, the roof, original wiring, and plumbing, which may not be reflected in the assessment.

5. Who are the most likely neighbours or comparable buyers?
Given its profile, likely neighbours include long-time residents in similar character homes and newer owners attracted to the area's established feel. The most comparable buyers would be individuals, couples, or small families seeking an affordable, low-maintenance entry into an inner-city neighbourhood without requiring a large or newly built property.

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