Property score
52.1
Fair
Overall 52.1 · Compared with neighbourhood average
1,020 sqft (top 31%) · 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: 9 dining spots, 1 healthcare facility, 2 shops, and 4 parks nearby
Living Area
Near average
7% larger 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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52.1 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
304 Collegiate Street — 22 amenities found within 500 m, across 6 categories, including 9 dining (nearest 122 m), 1 healthcare (nearest 413 m), 2 shopping (nearest 143 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 22% | Bottom 20% | Bottom 8% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 304 Collegiate Street, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home on Collegiate Street in the King Edward neighbourhood presents a straightforward, no-frills opportunity. Built in 1918, its 1,020 sqft living area is typical for the immediate area but modest by wider city standards. The property features a basement (not renovated) and sits on a 2,708 sqft lot, which is smaller than most in the city but in line with the neighbourhood's established character. There is no garage or pool.
The primary appeal lies in its position as an accessible entry point into the Winnipeg market. With an assessed value significantly below city averages, it represents a lower barrier to homeownership. Its appeal is for practicality, not prestige. It would suit a first-time buyer, an investor looking for a rental property, or someone seeking a minimalist footprint without the premium of a modern renovation. A thoughtful perspective is that its smaller lot and older build date translate to lower property taxes and less exterior maintenance, which can be a meaningful long-term savings for budget-conscious owners.
Section 2: Frequently Asked Questions
1. Why is the assessed value so much lower than the city average?
Assessed value is not market value. This assessment reflects the home's age, size, and condition relative to city-wide averages, which are skewed by newer, larger suburban homes. It indicates a more affordable tax base.
2. What does "basement, not renovated" typically mean?
This usually indicates a classic Winnipeg basement with foundational living space and utilities, but in original or utilitarian condition. It offers storage and mechanical space but should be budgeted for potential updates or moisture management.
3. How does the smaller lot size impact living here?
The lot is consistent with older, central neighbourhoods. It means less yard maintenance but also less private outdoor space. The trade-off is often a more walkable, community-oriented location.
4. The home is over 100 years old. What should I be most concerned about?
While the structure has proven its durability, key considerations for a home of this age include the condition of the roof, foundation, plumbing, and electrical systems. An inspection is essential to understand what is original and what may need updating.
5. The sold price history shows a wide range. What does that indicate?
The listed sale range suggests the property's value is highly sensitive to its condition and the market timing. It underscores the importance of a current appraisal and inspection, as similar homes can vary based on their state of repair and updates.
