Property score
47.4
Below average
Overall 47.4 · Smaller but newer than most nearby homes
756 sqft (bottom 21%) · Built in 1978 (30 yrs newer than avg)
Located in a above-average income area with median household income of ~67.5k
Transit 86.0 · 3-min walk to transit with 4 nearby routes · Within 500m: 11 dining spots, 1 healthcare facility, 2 shops, and 4 parks nearby
Living Area
Below average
21% smaller than neighborhood avg.
Year Built
Above average
30 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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47.4 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
296 Collegiate Street — 25 amenities found within 500 m, across 6 categories, including 11 dining (nearest 152 m), 1 healthcare (nearest 424 m), 2 shopping (nearest 167 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 46% | Top 44% | Bottom 24% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 296 Collegiate Street, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home in the King Edward neighbourhood presents a practical and value-oriented opportunity. Its key appeal lies in its financial efficiency. With an assessed value that ranks above average for both its street and neighbourhood, the property carries a relatively modest tax burden for the area. The home itself is compact at 756 sq ft, with a renovated basement adding functional space. It’s a newer build for the area, constructed in 1978, which may appeal to those seeking a home with potentially fewer legacy maintenance issues than the neighbourhood's many century-old properties.
The appeal is grounded in simplicity and location. It suits first-time buyers seeking an affordable entry into the Winnipeg market, or investors looking for a straightforward rental property. The detached garage and a manageable 2,708 sq ft lot offer low-maintenance outdoor space. A thoughtful perspective is that this home represents a "middle ground" on its street—it’s not the oldest nor the largest, but its newer build and above-average assessment suggest it has been a stable and efficient holding in a well-established area.
Section 2: Frequently Asked Questions
1. Is the living space too small?
At 756 sq ft, the living area is below average for the city. However, it is broadly comparable to many older homes in the King Edward neighbourhood. The renovated basement significantly expands the usable space, making it practical for individuals, couples, or small families.
2. Why is the assessed value higher than many nearby homes?
The assessed value of $31.30k ranks in the top 27% on its street. This is likely due to a combination of its newer construction year (1978) compared to many neighbouring homes built in the early 1900s, and the renovated basement. It indicates the city assesses it as a higher-value asset within its immediate context.
3. What does the sold price history indicate?
Public data shows a sale in April 2017 in the $23.5k-$26.5k range. The current assessed value being higher suggests an increase in valuation over the past eight years. For an exact sale price, you can request details via the provided email service.
4. Who are the typical buyers in this area?
King Edward attracts a mix of long-term residents, first-time home buyers seeking character and affordability near central Winnipeg, and investors. This particular property, with its newer build and manageable size, would likely appeal to the latter two groups.
5. How does the lot size impact future potential?
The lot is 2,708 sq ft, which is below average for the street and city. This means extensive expansions or additions may be limited by space. However, it also translates to less yard maintenance, which can be a positive for those seeking a low-upkeep property.
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