432 Collegiate Street

King Edward, Winnipeg

Property score

59.1

Fair

Overall 59.1 · Newer than most nearby homes

809 sqft (bottom 32%) · Built in 2016 (68 yrs newer than avg)

Located in a above-average income area with median household income of ~81k

Transit 82.0 · 1-min walk to transit with 2 nearby routes · Within 500m: 2 dining spots, 1 school, 1 shop, and 4 parks nearby

Living Area

Below average

15% smaller than neighborhood avg.

Year Built

Above average

68 yrs newer than neighborhood avg.

Mother tongue

English · 64%Tagalog · 14%

Past 10 years King Edward sales snapshot (~80% of all data)

Sold Count

1,128

Median price

356.6k

$/sqft

$349/sqft

Avg build year

1948

Need help understanding this property?

Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.

Usually replies in a few minutes

Property score

59.1 is composed by the two sections below.

Property Score

50.1Fair
Living Area32
809 sqftLow
Year Built97
2016Excellent
Lot Size53
4,067 sqftFair
Neighbourhood Sales Activity71
Good

Community Score

72.7Good
Household Income77
Good
Education Level44
Low
Housing Stress83
Excellent
Core Housing Need88
Excellent
Employment Health83
Excellent

Neighbourhood Sales

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110240

Community deep dive

$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

Population, labour & age

Population (2021)751
Labour force participation rate70%
Median age36.0
Avg household size2.7
Unemployment rate2%
Population density5006 / km²

Households & income

Low income (LIM-AT, % pop.)8%
Single-person households23%
Couple families with children27%
Median household income (2020)$81K

Housing

Renter households16%
Condominium dwellings0%
Median dwelling value (owners)$276K

Diversity, education & language

Immigrants (share of pop.)35%
Visible minority42%
Bachelor's or higher (25–64)24%
Mother tongue (1st)English · 63%
Mother tongue (2nd)Tagalog · 14%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

around average
809 sqft
0255075100
Same streetBottom 31%Same areaBottom 32%CitywideBottom 10%
Same street · Collegiate Street
#193 / 278
Bottom 31% · Avg 977 sqft
Same area · King Edward
#1,620 / 2,385
Bottom 32% · Avg 952 sqft
Citywide · Winnipeg
#175,765 / 194,458
Bottom 10% · Avg 1,342 sqft

Tax-Assessed Value

above average
338k
0255075100
Same streetTop 16%Same areaTop 12%CitywideBottom 42%
Same street · Collegiate Street
#45 / 278
Top 16% · Avg 269.4k
Same area · King Edward
#297 / 2,385
Top 12% · Avg 258.2k
Citywide · Winnipeg
#112,954 / 194,458
Bottom 42% · Avg 390.1k

Year Built

above average
2016
0255075100
Same streetTop 8%Same areaTop 7%CitywideTop 6%

Lot Size

around average
4,067 sqft
0255075100
Same streetTop 34%Same areaTop 39%CitywideBottom 27%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

432 Collegiate Street — 9 amenities found within 500 m, across 5 categories, including 2 dining (nearest 339 m), 1 education (nearest 438 m), 1 shopping (nearest 404 m).

Search radius
🍽️Dining2
🏫Education1
🛒Shopping1
🌳Parks4
Worship1

Crime & Safety

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%

Sales History

Sold 4/2021CA$300k–350k
Sold price

Same street

Top 14%

Same area

Top 14%

City-wide

Bottom 49%
Sold 10/2016CA$250k–300k
Sold price

Same street

Top 27%

Same area

Top 26%

City-wide

Bottom 37%

Related homes

Highlights & common questions: 432 Collegiate Street, Winnipeg

Property Overview: 432 Collegiate Street, Winnipeg

Section 1: Key Characteristics & Appeal

This bi-level home at 432 Collegiate Street in Winnipeg's King Edward neighbourhood presents a practical and modern opportunity. Built in 2016, it is a notably newer construction compared to most homes on its street and in the wider city, offering move-in readiness with less concern for immediate major repairs. With 809 sqft of living space and a renovated basement, it provides efficient, compact living. The assessed value is strong for the immediate area, ranking well above local averages, which suggests a solid investment within its community context.

The primary appeal lies in its modern foundation within an established neighbourhood. It suits first-time homebuyers seeking a low-maintenance start, or investors looking for a relatively new property with a proven value history in King Edward. A thoughtful perspective is that while the living space is modest city-wide, its efficient layout and newer systems could mean lower utility and upkeep costs compared to larger, older homes. The lot size is typical for the area, offering manageable outdoor space without excessive maintenance.

Section 2: Frequently Asked Questions

1. How does the property's value compare to the area?
The home's assessed value ranks in the top 16% on its own street and top 12% in the King Edward neighbourhood, meaning it is valued significantly higher than many nearby comparable properties. City-wide, its assessment is around the median.

2. What are the implications of the home being built in 2016?
As a 10-year-old home, it likely benefits from modern building codes, materials, and systems (like plumbing and electrical), potentially reducing the risk and cost of near-term renovations. It ranks in the top 8% for year built on its street.

3. Is the living space sufficient?
At 809 sqft, the living area is around the average for the King Edward neighbourhood but below the Winnipeg city average. It represents a compact, efficient footprint ideal for individuals, couples, or small families.

4. What is the history of sold prices for this home?
Public records show two sales: one in October 2016 and another in April 2021. The exact sold prices are not publicly listed in detail, but the available ranges can be provided upon request to the listing service.

5. How does the lot size compare?
The land area is approximately 4,067 sqft, which is around average for both Collegiate Street and the King Edward neighbourhood. It is, however, below the average lot size for the city of Winnipeg as a whole.