Property score
39.5
Below average
Overall 39.5 · Smaller than most nearby homes
600 sqft (bottom 3%) · Built in 1918 (30 yrs older than avg)
Located in a above-average income area with median household income of ~76k
Transit 82.0 · 1-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
37% 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
329 Collegiate Street — 13 amenities found within 500 m, across 5 categories, including 3 dining (nearest 65 m), 1 healthcare (nearest 343 m), 2 shopping (nearest 146 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 6% | Bottom 3% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 329 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 key characteristic is its exceptionally low financial barrier to entry, evidenced by an assessed value significantly below area and city-wide averages. With approximately 600 sqft of living space, it is notably smaller than most comparable homes, placing it in the bottom tier for size both locally and citywide.
The primary appeal lies in its potential as a straightforward entry point into homeownership or as a long-term holding property. It suits buyers with minimal space needs, such as a single person, a couple, or an investor looking for a low-cost rental property. The detached garage adds practical value. A thoughtful perspective for the right buyer is viewing its small size and unrenovated basement not as drawbacks, but as manageable factors that keep property taxes and maintenance complexity low. It represents a "value of land and location" proposition, where the investment is more in the lot and the community than in the existing structure.
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 smaller size, age, and condition relative to the broader market. It is consistent with values for similar compact, older homes in this and comparable neighbourhoods.
2. What does "below average" for living area mean for daily life?
With about 600 sqft, the floor plan will be compact. It requires efficient use of space and likely has fewer or smaller rooms than a modern home. This suits a minimalist lifestyle but may feel cramped for a family.
3. Is the unrenovated basement a major concern?
It indicates the lower level is in original or utilitarian condition. It should be inspected for foundational integrity, moisture, and basic systems. It represents potential for future finishing but also a current area where significant updates may be needed.
4. How does the age of the home (1918) affect it?
While the building's age is around average for its immediate street and area, it means systems like wiring, plumbing, and the roof may be older or have been updated over time. A thorough inspection is essential to understand the condition and any needed upgrades.
5. What is the realistic price expectation based on recent sales?
A nearby, similarly aged home on the same street (306 Collegiate) with slightly more living space sold for between $12.5k and $15.5k in mid-2021. This provides a concrete benchmark, though market conditions have evolved since then.
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