Property score
55.4
Fair
Overall 55.4 · Compared with neighbourhood average
984 sqft (top 36%) · Built in 1947 (1 yr older than avg)
Located in a above-average income area with median household income of ~81k
Transit 74.0 · 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
3% larger than neighborhood avg.
Year Built
Near average
1 yrs older 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
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55.4 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
373 Collegiate Street — 10 amenities found within 500 m, across 5 categories, including 3 dining (nearest 107 m), 1 healthcare (nearest 368 m), 1 shopping (nearest 219 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 25% | Bottom 23% | Bottom 8% |
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 straightforward, grounded opportunity. Built in 1947, it sits on a notably generous 4,555 sqft lot, which is larger than many in the immediate area. With 984 sqft of living space and a detached garage, it offers the essential components of classic Winnipeg living.
Its primary appeal lies in its positional balance. The data shows the home is consistently "around average" for its street and neighbourhood in terms of size, assessed value, and age, suggesting it's a typical, well-priced entry point into the community. The standout is the lot size, which offers above-average outdoor space and future potential relative to nearby properties. This home would suit a first-time buyer, an investor, or someone looking for a manageable, single-level living space without the premium of a fully renovated or larger home. Its value is in its simplicity and the opportunity it presents on a solid piece of land.
Frequently Asked Questions
1. Is this a small home?
While its 984 sqft living area is below the Winnipeg city average, it is very typical for the King Edward neighbourhood and even slightly above average for Collegiate Street itself. It represents the standard footprint for many classic Winnipeg bungalows.
2. What does the assessed value tell me?
The assessed value is a municipal figure for tax purposes, not a market price. At $22,400, it is significantly below the city average but aligned with the neighbourhood. This often indicates a lower property tax burden, but the final sale price is determined by the market.
3. How does the lot size impact value?
The lot is a key feature at 4,555 sqft, ranking in the top third for the street. This provides more private outdoor space than many neighbours and could be a long-term asset for expansion, gardening, or simply having more breathing room.
4. The home sold in 2016 for a relatively low price. What does that mean?
The historical sale price provides context for the market's past valuation. Given the time elapsed and changes in the market, it primarily serves to show the property's history of being an affordable entry point, not a direct predictor of its current value.
5. Who would this property not suit?
It may not suit buyers seeking a modern, move-in-ready home without any projects, or those requiring extensive living space on one floor. The "around average" metrics suggest a home that is comfortable and functional, but not necessarily standout in terms of finishes or size without further investment.
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