Property score
41.3
Below average
Overall 41.3 · Smaller than most nearby homes
740 sqft (bottom 19%) · 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
Below average
22% 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)
1,128
356.6k
$349/sqft
1948
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41.3 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
306 Collegiate Street — 22 amenities found within 500 m, across 6 categories, including 9 dining (nearest 114 m), 1 healthcare (nearest 411 m), 2 shopping (nearest 137 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 1% | Bottom 1% | Bottom 1% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview & Key Characteristics
This 1918 one-storey home in King Edward sits on a generous 2,708 sqft lot, which is notably larger than most in Winnipeg. With 740 sqft of living space, the house itself is compact and retains its original character, including an unrenovated basement. There is no garage or pool. Its assessed value is significantly higher than its last sale price in 2019, suggesting official recognition of the lot's value or potential. The appeal here is rooted in land value, location, and opportunity. It suits a buyer looking for a character home on a sizable lot in a central neighbourhood, willing to take on updates over time. It’s particularly well-suited for a long-term holder who values outdoor space in the city or an investor who recognizes the underlying land value in a mature area. A less obvious perspective is that this property represents a "blank canvas" within an established community—its worth is tied more to its position and parcel than to its current finishes.
Frequently Asked Questions
1. Why is the assessed value so much higher than the 2019 sale price?
The sharp increase likely reflects a rising market and a municipal assessment that places significant value on the property's large lot size and location, rather than the condition of the home itself.
2. What does "unrenovated basement" typically imply?
It generally means the basement is in original condition, likely with older utilities, foundational finishes, and possibly lower ceilings. It presents both a downside in immediate livability and an upside as a clear renovation opportunity.
3. Who would this property not be a good fit for?
It would not suit buyers seeking a move-in-ready, modern home with ample indoor space and amenities like a garage. It also may not fit those unwilling to manage the maintenance or potential updates of a century-old house.
4. How does the lot size compare to nearby properties?
At 2,708 sqft, the lot is in the top 18% for size on its street and the top 7% in all of Winnipeg, making it a standout feature compared to many city lots.
5. Is the King Edward neighbourhood considered desirable?
King Edward is a mature, central Winnipeg neighbourhood. The property ranks in the top 29% for lot size within the area, indicating it's on the larger end for a desirable, established community.
