Property score
47.1
Below average
Overall 47.1 · Smaller than most nearby homes
730 sqft (bottom 18%) · Built in 1918 (30 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
23% smaller than neighborhood avg.
Year Built
Near average
30 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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47.1 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
411 Collegiate Street — 12 amenities found within 500 m, across 6 categories, including 3 dining (nearest 258 m), 1 education (nearest 419 m), 1 healthcare (nearest 448 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 48% | Bottom 49% | Bottom 21% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 32% | Bottom 27% | Bottom 10% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview & Key Characteristics
This 1918 one-storey home on Collegiate Street presents a classic Winnipeg character property with significant potential. Its primary appeal lies in the combination of a large, 5,423 sqft lot in the established King Edward neighbourhood and a price point that reflects a home ready for personalization. The detached garage and full (though unrenovated) basement add functional value.
The home suits a specific buyer: those seeking an entry point into a mature neighbourhood who are prepared for a project, whether a gradual live-in renovation or a future rebuild. Its smaller living footprint (730 sqft) is balanced by the rare opportunity for substantial outdoor space, ranking in the top 12% for lot size locally. Recent sale history shows steady value appreciation, suggesting a solid foundation for investment. A thoughtful perspective is that this property offers more "land value" than "structure value" at present, appealing to buyers whose vision extends beyond the existing floorplan.
Frequently Asked Questions
1. What does "not renovated" for the basement imply?
It indicates the basement is functional and intact but has not been modernized or finished to contemporary standards. Buyers should budget for potential updates to insulation, flooring, or layout.
2. How does the smaller living area (730 sqft) compare to the neighbourhood?
While below the neighbourhood average, the home's living area is still in the top 19% for King Edward, reflecting the mix of historic, compact homes and newer, larger builds in the area.
3. The assessed value is $21.7k, but it last sold for $24.5k in 2020. Why the difference?
Municipal assessed value for tax purposes often lags behind current market value. The steady increase in sale price over recent years is generally considered a stronger indicator of market trajectory.
4. Who would this property not be suitable for?
It may not suit those seeking a move-in-ready home without any projects, or families requiring immediate, extensive living space. The appeal is geared toward vision-driven buyers or investors.
5. What is the significance of the lot size ranking so highly?
A lot size in the top 9% on its street and top 12% in the neighbourhood is a standout feature. It provides rare space for gardens, recreation, additions, or future redevelopment in a central area, which is a key long-term asset.
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