Property score
42.2
Below average
Overall 42.2 · Smaller than most nearby homes
635 sqft (bottom 5%) · Built in 1918 (30 yrs older than avg)
Located in a above-average income area with median household income of ~67.5k
Transit 82.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 3 dining spots, 1 healthcare facility, 2 shops, and 3 parks nearby
Living Area
Below average
33% 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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42.2 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
326 Collegiate Street — 12 amenities found within 500 m, across 5 categories, including 3 dining (nearest 42 m), 1 healthcare (nearest 395 m), 2 shopping (nearest 98 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%
326 Collegiate Street: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This one-storey home on Collegiate Street in Winnipeg's King Edward neighbourhood presents a specific and straightforward opportunity. Built in 1918, its key characteristic is a generous 5,416 sqft lot that is significantly larger than most in the immediate area. The living space, at 635 sqft, is compact and below average for the city. The home features a detached garage and an unrenovated basement. Its assessed value is modest and in line with the local area.
The primary appeal lies in the land itself. For a buyer comfortable with a smaller, older home, the lot offers ample outdoor space for gardens, recreation, or future expansion that is rare for the neighbourhood. It suits a pragmatic first-time buyer, an investor looking for a land-hold property, or someone seeking a lower-cost entry into the market with the potential to customize over time. It’s a property where the value is more in the ground it sits on than in the current structure, appealing to those with a vision for the future or a desire for a manageable footprint now.
Frequently Asked Questions
Is this a "tear-down" property?
Not necessarily. While the home is older and compact, its assessed value is consistent with functioning homes in the area. It is livable as-is but is best viewed as a canvas for gradual improvement or future redevelopment, given the lot size.
How does the large lot affect property taxes?
Taxes are primarily based on the assessed value, which remains relatively low. The large lot is a factor in that assessment, but it currently contributes to value without typically triggering the same tax burden as a large, renovated house on a similar plot.
What does "basement not renovated" imply?
It typically means the basement is in original or utilitarian condition, with unfinished spaces and older systems. It should be inspected for moisture, foundation integrity, and the condition of mechanicals like the furnace and water heater.
The living area is small compared to the lot. What are the implications?
This configuration often means lower ongoing utility and maintenance costs for the home itself. The lot provides a balance of private outdoor space that many newer, larger homes on smaller lots lack. It also may present stricter municipal rules for any future addition or new build, as the existing structure's "footprint" is small relative to the property.
How does the value here compare to newer areas of Winnipeg?
The assessed value is notably below the Winnipeg city-wide average for homes. This reflects the older home and neighbourhood character. You are paying primarily for location and land size rather than modern finishes or square footage, which is a different value proposition than a suburban home at a similar price point.
