207 Collegiate Street

Property Overview: 207 Collegiate Street, Winnipeg

Key Characteristics & Appeal

This is a modern, two-storey home built in 2019, offering a move-in-ready opportunity in Winnipeg's King Edward neighbourhood. Its primary appeal lies in its combination of new construction and a renovated basement within a well-established area. The 1,310 sqft living space is notably above average for both the immediate street and the broader neighbourhood, suggesting a efficient and generous layout for its class.

The home stands out statistically: it ranks in the top 4% of its area for assessed value and the top 3-4% for its new build year, indicating it is a premium, contemporary property within a context of much older homes. A detached garage adds practical convenience. A thoughtful perspective is that this property offers the benefits of a new build—modern systems, insulation, and layout—without the typical location trade-off of being in a distant suburb, instead placing you in a mature community.

The trade-off for this modern space on a central street is a smaller land area (2,590 sqft), which is below average for the city. This makes the property best suited for buyers who prioritize a low-maintenance yard and a modern, turn-key home over extensive outdoor space. It would particularly appeal to professionals, small families, or downsizers seeking a contemporary living experience with character in a central Winnipeg neighbourhood.

Frequently Asked Questions

1. Is this a true "new build"?
Yes. Built in 2019, it is genuinely a modern home, ranking among the newest 3-4% of properties in the King Edward area, where the average home was built in 1948.

2. How does the property value compare?
Its assessed value of $40.50k places it in the elite top 4% for the neighbourhood, meaning it is valued significantly higher than the area average of ~$25.80k, reflecting its modern build and condition.

3. What should I know about the lot size?
The land area is compact at 2,590 sqft, which is smaller than most lots on its street and in Winnipeg overall. This means lower outdoor maintenance but limited space for expansions, large gardens, or extensive outdoor entertaining.

4. How spacious is the interior?
The living area of 1,310 sqft is well above average for the local area (top 9%), offering more interior space than most comparable homes nearby, which average around 952 sqft.

5. What is the history of sale prices?
Public data indicates a sale in January 2020 in the range of $32.50k to $35.50k. For the exact historical sold price, you can request the information directly via the provided email service on the listing page.