65.7
Good
Property score
65.7
Good
Overall 65.7
Newer than most nearby homes
939 sqft (top 42%)
Built in 2018 (70 yrs newer than avg)
Located in a high-income area
with median household income of ~94k
Transit 62.0
2-min walk to transit with 1 nearby route
Within 500m: 1 dining spot, 1 school, and 4 parks nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Near average
1% smaller than neighborhood avg.
Year Built
Above average
70 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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65.7 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
517 Collegiate Street — 6 amenities found within 500 m, across 3 categories, including 1 dining (nearest 451 m), 1 education (nearest 436 m), 4 parks (nearest 78 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 31% | Top 28% | Bottom 36% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 1% | Bottom 1% | Bottom 1% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 517 Collegiate Street, Winnipeg
Key Characteristics & Appeal
This one-storey home, built in 2018, is a notably modern property within the established King Edward neighbourhood. Its primary appeal lies in its contemporary construction, offering a move-in-ready foundation with less immediate concern for the major repairs or updates often needed in older area homes. With 939 sqft of living space, it provides comfortable, efficient accommodation for individuals, couples, or small families.
The home’s value proposition is contextual. Its assessed value ranks above average for King Edward, reflecting its newer condition. However, the lot size is modest, especially compared to the Winnipeg city-wide average, which may appeal to buyers seeking lower exterior maintenance. The property suits first-time buyers looking for a modern, low-maintenance home in a central location, or investors attracted by the combination of recent build quality and the neighbourhood's steady rental market. A thoughtful perspective is that this home offers a balance: you acquire a newer building but on a more traditional, compact city lot, providing a blend of modern convenience and neighbourhood character without the upkeep of a large yard.
Frequently Asked Questions
1. How does the property’s age compare to others in the area?
The home was built in 2018, placing it in the top 5% for year built within both the immediate street and the broader King Edward neighbourhood, where the average home was built around 1948.
2. What is the typical price history for this home?
Based on available data, the home sold previously in 2017 and 2019. The sold price in 2019 ranked above the average for similar properties in the area at that time.
3. Is the lot size a concern?
The land area is approximately 2,713 sqft, which is around average for Collegiate Street but below the city-wide average. This translates to less yard maintenance, which can be a benefit for some buyers, but may not suit those desiring extensive outdoor space.
4. What is the home’s condition likely to be?
As an 8-year-old build, major structural systems (roof, furnace, etc.) are typically still within their expected lifespan, potentially reducing near-term capital costs compared to a century-old home. The basement exists but is noted as not renovated.
5. How does its value hold up in different comparisons?
The assessed value is above average for the King Edward area but ranks as around average when compared city-wide. This suggests the property is valued appropriately within its immediate, older neighbourhood context due to its modern build.
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