Property score
39.5
Below average
Overall 39.5 · Smaller than most nearby homes
680 sqft (bottom 10%) · Built in 1918 (30 yrs older than avg)
Located in a above-average income area with median household income of ~76k
Transit 82.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 3 dining spots, 1 healthcare facility, 2 shops, and 4 parks nearby
Living Area
Below average
29% smaller than neighborhood avg.
Year Built
Near average
30 yrs older than neighborhood avg.
Mother tongue
English · 77%Tagalog · 10%
Past 10 years King Edward sales snapshot (~80% of all data)
1,128
356.6k
$349/sqft
1948
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39.5 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: #46110241
$76K
Median household income
$74K
Average household income
9%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.7
P90 / P10 ratio
30%
Single-person households
23%
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
325 Collegiate Street — 14 amenities found within 500 m, across 5 categories, including 3 dining (nearest 73 m), 1 healthcare (nearest 345 m), 2 shopping (nearest 149 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 4% | Bottom 3% | Bottom 2% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Property Overview: 325 Collegiate Street, Winnipeg
Section 1: Key Characteristics & Appeal
This is a compact, one-storey home built in 1918, situated on a standard city lot in the King Edward neighbourhood. Its key characteristics are defined by its modest scale and value. With 680 sqft of living space, it is notably smaller than most homes in the area and across Winnipeg. The basement exists but is not renovated, there is no garage, and the home has a very low municipal assessed value.
The primary appeal lies in its position as one of the most accessible entry points into homeownership in the city. It suits buyers with a limited budget who prioritize a foothold in the market over square footage, such as first-time buyers, investors looking for a straightforward rental property, or those seeking a minimal-maintenance base. A less obvious perspective is its potential for someone interested in a "blank slate" project; the low initial investment could allow for a tailored, gradual renovation. However, its significantly below-average size and value mean it is not suited for those needing space or expecting immediate equity from a typical, move-in ready home.
Section 2: Frequently Asked Questions
1. Why is the assessed value so much lower than the city-wide average?
The assessed value reflects the home's relatively small size, age, and lack of renovations compared to the broader Winnipeg market, which includes many larger, newer, and updated properties.
2. What does "below average" for living area mean in practical terms?
With 680 sqft, the home's living space is significantly less than the typical Winnipeg house (approx. 1,342 sqft). This indicates a very efficient or compact layout, likely with fewer or smaller rooms.
3. Is the unrenovated basement usable?
The listing specifies the basement is "not renovated." It likely has foundational space but is not finished as livable area, meaning it may be suitable only for storage or utilities without further work.
4. How does the property compare to its direct neighbours?
The data shows that on Collegiate Street itself, this home ranks in the bottom tier for both living area and assessed value, meaning it is among the smallest and lowest-valued properties on the block.
5. What can recent nearby sale prices tell me?
Nearby sales of similar vintage homes, like 306 Collegiate and 373 Roseberry Street, show a range of sold and assessed values. This suggests the value of 325 Collegiate is influenced by its specific condition, size, and layout within the context of the older housing stock in King Edward.
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