302 Collegiate Street

King Edward, Winnipeg

Property score

41.3

Below average

Overall 41.3 · Smaller than most nearby homes

720 sqft (bottom 16%) · Built in 1918 (30 yrs older 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: 10 dining spots, 1 healthcare facility, 2 shops, and 4 parks nearby

Living Area

Below average

24% 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

41.3 is composed by the two sections below.

Property Score

24.2Low
Living Area22
720 sqftLow
Year Built16
1918Low
Lot Size28
2,708 sqftLow
Neighbourhood Sales Activity71
Good

Community Score

66.9Good
Household Income70
Good
Education Level54
Fair
Housing Stress52
Fair
Core Housing Need76
Good
Employment Health83
Excellent

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

below average
720 sqft
0255075100
Same streetBottom 15%Same areaBottom 16%CitywideBottom 5%
Same street · Collegiate Street
#237 / 278
Bottom 15% · Avg 977 sqft
Same area · King Edward
#1,995 / 2,385
Bottom 16% · Avg 952 sqft
Citywide · Winnipeg
#184,672 / 194,458
Bottom 5% · Avg 1,342 sqft

Tax-Assessed Value

above average
309k
0255075100
Same streetTop 29%Same areaTop 21%CitywideBottom 32%
Same street · Collegiate Street
#80 / 278
Top 29% · Avg 269.4k
Same area · King Edward
#497 / 2,385
Top 21% · Avg 258.2k
Citywide · Winnipeg
#132,372 / 194,458
Bottom 32% · 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

302 Collegiate Street — 23 amenities found within 500 m, across 6 categories, including 10 dining (nearest 129 m), 1 healthcare (nearest 415 m), 2 shopping (nearest 149 m).

Search radius
🍽️Dining10
🏥Healthcare1
🛒Shopping2
🌳Parks4
Fuel Stations1
Worship5

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 3/2021CA$250k–300k
Sold price

Same street

Top 35%

Same area

Top 35%

City-wide

Bottom 31%
Sold 1/2018CA$200k–250k
Sold price

Same street

Top 50%

Same area

Bottom 45%

City-wide

Bottom 19%

Related homes

Highlights & common questions: 302 Collegiate Street, Winnipeg

Property Overview: 302 Collegiate Street, Winnipeg

Section 1: Key Characteristics & Appeal

This is a compact, one-storey home built in 1918 on a standard city lot in the King Edward neighbourhood. Its primary appeal lies in being a modest, entry-level property with a recently renovated basement, offering functional living space at a manageable scale. The detached garage adds practical value.

The home’s standout characteristic is its assessed value, which is notably above average for both its immediate street and the wider King Edward area. This suggests the property is viewed favorably by the assessor relative to its peers, potentially due to updates or its specific condition. However, at 720 sqft, the living area is below average for the area, indicating a cozy footprint.

This property would best suit a first-time buyer, an investor looking for a straightforward rental, or someone seeking a low-maintenance home without the upkeep of a larger, newer house. Its appeal is pragmatic: it offers the fundamentals of homeownership in a central Winnipeg neighbourhood without premium size or modern features. A thoughtful perspective is that its higher assessment but smaller size creates a unique value proposition—it may command respect on paper and in taxes, while offering a simpler, more affordable living experience in practice.

Section 2: Frequently Asked Questions

1. Is the house particularly small?
Yes. At 720 sqft of living area, it is smaller than most homes on its street, in King Edward, and across Winnipeg. This makes for efficient, low-maintenance living but may feel cramped for those needing more space.

2. Why is the assessed value higher than many neighbours?
The assessed value of $30,900 ranks in the top 30% for the street and area. This is likely due to specific factors like the renovated basement and the property’s overall condition, which the city assessment recognizes as adding value compared to other older, smaller homes.

3. What is the land size?
The lot is 2,708 sqft, which is below average for the area but typical for many older city neighbourhoods. It provides a standard backyard space but not an unusually large one.

4. How old is the home, and what does that mean for maintenance?
Built in 1918, the home is over 100 years old. While the basement has been renovated, buyers should budget for and expect maintenance consistent with a century-old structure, including potential updates to original systems.

5. How have similar homes on the street sold?
Based on recent public data, a very similar home next door at 306 Collegiate Street (740 sqft, built 1918) has a significantly lower assessed value ($16,600). This highlights that assessed values can vary widely based on specific upgrades and condition, and market sale prices may tell a different story. The last known sale for 302 Collegiate Street was in March 2021.