Property score
47.5
Below average
Overall 47.5 · Smaller than most nearby homes
703 sqft (bottom 13%) · Built in 1946 (2 yrs older than avg)
Located in a above-average income area with median household income of ~81k
Transit 74.0 · 3-min walk to transit with 2 nearby routes · Within 500m: 3 dining spots, 1 school, 1 healthcare facility, and 1 shop nearby
Living Area
Below average
26% smaller than neighborhood avg.
Year Built
Near average
2 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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47.5 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: #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
383 Collegiate Street — 10 amenities found within 500 m, across 6 categories, including 3 dining (nearest 149 m), 1 education (nearest 479 m), 1 healthcare (nearest 387 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 9% | Bottom 10% | Bottom 4% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 383 Collegiate Street, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home in King Edward is a compact, no-frills property built in 1946. Its key characteristic is its modest scale, with a living area of 703 sqft that is notably smaller than most homes in the city, but fairly typical for its immediate neighborhood. The lot size is a solid 4,067 sqft, offering more outdoor space than many nearby properties. It features a detached garage and an unrenovated basement.
The appeal lies in its straightforward, entry-level positioning. With an assessed value that is average for its local area but below the city-wide average, it represents an accessible point of entry into the Winnipeg market. It suits practical, budget-conscious buyers such as first-time homeowners seeking a manageable footprint, or investors looking for a rental property with lower upfront costs. The generous lot for the area also presents a long-term value-add opportunity for expansion or landscaping, which is a less obvious advantage in this price segment.
Section 2: Frequently Asked Questions
1. Is the house in need of major updates?
The listing notes the basement is "not renovated," which suggests the home may require modernization. Buyers should budget for potential updates to suit their tastes and needs.
2. How does the small living space compare to the neighborhood?
At 703 sqft, the home is below the city average but aligns more closely with the smaller home sizes found in the older King Edward area. It's compact, but not an outlier on its street.
3. What does the assessed value indicate about the price?
The assessed value of approximately $25k is average for King Edward. It’s crucial to note that assessed value for tax purposes is different from market value; recent sold price data (last sale was between $13.5k-$16.5k in 2019) and current market conditions will be the primary price drivers.
4. What are the potential uses for the large lot?
The lot is over 4,000 sqft, which is above average for the street. This provides valuable extra outdoor space for gardening, recreation, or future additions like a shed or deck, and may offer more flexibility than smaller lots in the future.
5. Where can I find the exact historical sale price?
The provided sold price is a range from public data. For precise sale history, you can request the exact figures directly via the email option on the listing page.
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