Property score
49.5
Below average
Overall 49.5 · Smaller but newer than most nearby homes
796 sqft (bottom 30%) · Built in 1955 (7 yrs newer 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
16% smaller than neighborhood avg.
Year Built
Above average
7 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
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49.5 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
395 Collegiate Street — 13 amenities found within 500 m, across 6 categories, including 3 dining (nearest 197 m), 1 education (nearest 450 m), 1 healthcare (nearest 411 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 33% | Top 32% | Bottom 32% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 395 Collegiate Street, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home in King Edward presents a straightforward opportunity centered on its land and location. Its key characteristic is a notably large lot—over 5,400 sqft—which ranks well above average for both the street and the neighbourhood. This generous outdoor space is the property's primary asset, offering potential for gardening, expansion, or simply more privacy than typical inner-city lots.
The appeal here is practical and value-oriented. The house itself is modest, with a living area below the city average and an unrenovated basement, suggesting it's best suited as a starter home, a long-term hold for a land-conscious buyer, or a project for those willing to update over time. Its assessed value is consistently average for the immediate area, indicating a stable, no-surprises entry point into the market. This property would suit a first-time buyer comfortable with a home that may need gradual improvements, an investor looking for a property with strong land value, or someone who prioritizes private outdoor space over a large interior footprint. A less obvious perspective is that a home of this size on such a large lot offers manageable upkeep costs while preserving future flexibility, a balance that can be hard to find.
Section 2: Frequently Asked Questions
1. What is the true standout feature of this property?
The land size. At 5,423 sqft, the lot is significantly larger than most in the King Edward neighbourhood, ranking in the top 12% locally. This is the core value driver.
2. What should I expect regarding the condition of the home?
The listing notes the basement is "not renovated." Buyers should budget for potential updates and plan for a thorough inspection, as the main house is also of a mature age (built in 1955).
3. How does the property's value compare to the area?
Its assessed value is very typical for King Edward and Collegiate Street, ranking near the middle. This suggests it is priced in line with area norms, not at a premium or deep discount.
4. Is the living space small for the neighbourhood?
Yes, at 796 sqft, it is below the average for comparable homes on its street. This reinforces the property's profile as a land-value play with a compact living footprint.
5. What was the recent sale history?
Public data indicates a sale in July 2023 for an estimated range of $265,000 to $295,000. For the exact sale price, you can request the information directly via the website's provided email service.
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