Property score
56.6
Fair
Overall 56.6 · Smaller but newer than most nearby homes
771 sqft (bottom 25%) · Built in 1993 (45 yrs newer than avg)
Located in a high-income area with median household income of ~94k
Transit 82.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 1 school, and 4 parks nearby
Living Area
Below average
19% smaller than neighborhood avg.
Year Built
Above average
45 yrs newer than neighborhood avg.
Mother tongue
English · 66%Tagalog · 14%
Past 10 years King Edward sales snapshot (~80% of all data)
1,128
356.6k
$349/sqft
1948
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56.6 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: #46111133
$94K
Median household income
$106K
Average household income
8%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.1
P90 / P10 ratio
26%
Single-person households
23%
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
474 Collegiate Street — 5 amenities found within 500 m, across 2 categories, including 1 education (nearest 427 m), 4 parks (nearest 102 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 45% | Top 43% | Bottom 25% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 474 Collegiate Street, Winnipeg
Key Characteristics & Appeal
This 1993 bi-level home at 474 Collegiate Street in Winnipeg's King Edward neighbourhood presents a practical, low-maintenance opportunity. Its key appeal lies in its relative modernity compared to the area; built in 1993, it is notably newer than most homes on its street and in the wider city, potentially meaning fewer concerns with aging major systems. The home features a renovated basement and a modest 771 sqft of living space, which is smaller than area averages but contributes to its manageable scale.
The property suits first-time buyers, downsizers, or investors seeking an affordable entry into the market with a home that requires less immediate updating. Its assessed value is consistent with the local area, suggesting a stable, no-surprises valuation. A thoughtful perspective is the lot size: at 2,712 sqft, it is smaller than the city average but typical for the street, offering enough outdoor space for a garden or patio without demanding extensive upkeep. This isn't a sprawling property, but a grounded, efficient one that prioritizes function and location over sheer size.
Frequently Asked Questions
1. How does the home's size compare to others?
At 771 sqft, the living area is below the average for both the King Edward neighbourhood and Winnipeg overall. This indicates a compact, efficient layout suited for individuals, couples, or small families.
2. What does the "above average" year built mean for me?
Built in 1993, the home is significantly newer than the typical area home (many from 1948). This can be an advantage, potentially indicating updated building materials, electrical, and plumbing systems compared to much older stock, which may reduce near-term renovation needs.
3. Is the assessed value a good indicator of the selling price?
The assessed value ($27,100) is a municipal valuation for tax purposes and is around average for the immediate area. Market conditions, the home's interior condition, and recent upgrades will ultimately determine the final sale price.
4. What are the implications of the smaller lot size?
The 2,712 sqft lot is manageable and typical for Collegiate Street. It means less yard maintenance but also less private outdoor space compared to many city properties. It's a balanced trade-off for those seeking a lower-maintenance property.
5. Where can I find the exact historical sale prices?
Exact sold prices are not publicly displayed in detail here. The listing service offers to provide the precise sale history via email upon request, as shown in the sold price history section.
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