Property score
64.1
Fair
Overall 64.1 · Newer than most nearby homes
1,016 sqft (top 32%) · Built in 2019 (71 yrs newer than avg)
Located in a above-average income area with median household income of ~81k
Transit 82.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 3 dining spots, 1 healthcare facility, 1 shop, and 3 parks nearby
Living Area
Near average
7% larger than neighborhood avg.
Year Built
Above average
71 yrs newer than neighborhood avg.
Mother tongue
English · 64%Tagalog · 14%
Past 10 years King Edward sales snapshot (~80% of all data)
1,128
356.6k
$349/sqft
1948
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
64.1 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: #46110240
$81K
Median household income
$90K
Average household income
8%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.6
P90 / P10 ratio
23%
Single-person households
27%
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
361 Collegiate Street — 10 amenities found within 500 m, across 5 categories, including 3 dining (nearest 64 m), 1 healthcare (nearest 354 m), 1 shopping (nearest 189 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 | Top 29% | Top 28% | Bottom 36% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This 1,016 sqft bi-level home at 361 Collegiate Street in Winnipeg's King Edward neighbourhood presents a compelling mix of modern convenience and established community. Built in 2019, it is a notably newer construction in an area predominantly featuring century-old homes. The property features a renovated basement and sits on a 2,711 sqft lot.
Key Characteristics & Appeal
The primary appeal of this home lies in its balance of being move-in ready while offering value in a central location. Its key characteristic is its age; built just 7 years ago, it ranks in the top 3-4% for year built both on its street and in the wider neighbourhood. This translates to modern building standards, likely greater energy efficiency, and minimal immediate repair concerns compared to its older peers.
Its appeal is rooted in this modern foundation within a mature, walkable area. The assessed value is significantly above average for both Collegiate Street and King Edward, suggesting the market recognizes the premium for a newer, low-maintenance home here. While the living space is comfortably average for the immediate area, it is more compact city-wide, prioritizing efficient use of space over sheer size.
This property would suit first-time buyers or downsizers seeking a modern, manageable home without sacrificing location. It’s also a pragmatic choice for investors or owner-occupants who want to avoid the unpredictable upkeep and renovation projects common with older area homes, preferring predictable costs instead.
Frequently Asked Questions
1. Why is the assessed value so high compared to nearby homes?
The assessed value reflects the property's modern construction (2019) and renovated basement. It is assessed as a newer, updated asset in a neighbourhood where most homes are many decades older, hence its ranking in the top 7-9% locally.
2. What does the "below average" city-wide ranking for living area mean?
At just over 1,000 sqft, this home is smaller than the Winnipeg city-wide average for houses (approx. 1,342 sqft). This highlights its efficient, mid-sized layout, which is actually quite typical and average for the King Edward neighbourhood itself.
3. Is the lack of a garage a common feature in this area?
Yes. The listing indicates no garage, which is a common characteristic for many homes in central, established neighbourhoods like King Edward. Buyers should consider on-street parking or the potential to add a shed or parking pad.
4. How does the land size impact potential for expansion or outdoor space?
The lot is approximately 2,711 sqft, which is average for the street but below the city average. It provides a standard urban yard space. Significant lateral expansions or additions may be limited by the lot size, but deck or garden projects are certainly feasible.
5. The home sold in 2020. What can that price history indicate?
The sold price range from August 2020 provides a historical benchmark. Comparing it to the current assessed value can offer insight into how local property values have trended over the last few years, though market conditions have evolved since that sale.
