Property score
60.5
Fair
Overall 60.5 · Newer than most nearby homes
965 sqft (top 38%) · Built in 2019 (71 yrs newer 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 school, 1 healthcare facility, and 1 shop nearby
Living Area
Near average
1% 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
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60.5 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
423 Collegiate Street — 12 amenities found within 500 m, across 6 categories, including 3 dining (nearest 292 m), 1 education (nearest 404 m), 1 healthcare (nearest 472 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 17% | Top 16% | Bottom 48% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 423 Collegiate Street, Winnipeg
Section 1: Key Characteristics & Appeal
This bi-level home at 423 Collegiate Street in Winnipeg's King Edward neighbourhood presents a compelling mix of modern convenience and established community. Its key appeal lies in being a notably newer construction (built in 2019) in an area of much older homes, offering move-in readiness with less concern for immediate major repairs. The living space (965 sqft) is practical and aligns with the local area average, featuring a renovated basement that adds functional space.
The property’s assessed value stands out as above average for both the street and the broader King Edward area, suggesting it is viewed favorably relative to its immediate peers. However, the land size is more compact, which translates to lower maintenance—a potential plus for those seeking a manageable yard. This home would suit first-time buyers or downsizers looking for a modern, low-maintenance property in a central, mature neighbourhood without the surprises often found in century-old homes. It’s a sensible choice for someone prioritizing a newer building envelope and interior systems over a large lot or expansive square footage.
Section 2: Frequently Asked Questions
1. How does the newer construction impact typical costs?
As a 2019 build, you can expect newer major systems (like roofing, HVAC, and windows), which likely means lower near-term repair and replacement costs compared to the neighbourhood's many heritage properties.
2. Is the above-average assessed value a concern for property taxes?
Not necessarily. While the assessed value is high for the immediate area, property taxes are calculated using a city-wide mill rate. The assessment indicates the municipality views the property favorably, but taxes should be compared directly with similar newer homes city-wide for an accurate picture.
3. What does the "renovated basement" include?
The listing confirms a renovated basement but does not specify the finish or layout. Buyers should verify whether it is a legal suite, a recreational space, or additional living quarters, and confirm if permits were obtained for the work.
4. With no garage, what are the parking options?
The property has no garage. Prospective buyers should investigate on-street parking permits, the availability of a dedicated driveway or pad, and observe typical parking congestion on the street.
5. How does the smaller land area affect outdoor living?
The lot is below the city-wide average but around average for King Edward. This means a more manageable yard for upkeep but less private outdoor space. The trade-off is often less weekend maintenance and potentially lower landscaping costs.
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