721 Berkley Street

Betsworth, Winnipeg

Property score

56.8

Fair

Overall 56.8 · Smaller and older than most nearby homes

784 sqft (bottom 1%) · Built in 1940 (38 yrs older than avg)

Located in a high-income area with median household income of ~114k

Transit 64.0 · 5-min walk to transit with 3 nearby routes · Within 500m: 1 school, 3 parks, and 1 place of worship nearby

Living Area

Below average

46% smaller than neighborhood avg.

Year Built

Below average

38 yrs older than neighborhood avg.

Mother tongue

English · 87%Chinese · 1%

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

Sold Count

460

Median price

480k

$/sqft

$347/sqft

Avg build year

1978

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Property score

56.8 is composed by the two sections below.

Property Score

34.8Low
Living Area784 sqft22Low
Year Built194024Low
Lot Size15,962 sqft100Excellent
Neighbourhood Sales Activity37Low

Community Score

89.7Excellent
Household Income90Excellent
Education Level82Excellent
Housing Stress100Excellent
Core Housing Need100Excellent
Employment Health83Excellent

Neighbourhood Sales

Betsworth

How to read: Share of sales in each ~$50k price band for “betsworth” (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: #46111082

Community deep dive

$114K

Median household income

$138K

Average household income

3%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.6

P90 / P10 ratio

17%

Single-person households

37%

Families with children

Population, labour & age

Population (2021)454
Labour force participation rate71%
Median age46.8
Avg household size2.6
Unemployment rate5%
Population density630 / km²

Households & income

Low income (LIM-AT, % pop.)3%
Single-person households17%
Couple families with children37%
Median household income (2020)$114K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$396K

Diversity, education & language

Immigrants (share of pop.)7%
Visible minority11%
Bachelor's or higher (25–64)46%
Mother tongue (1st)English · 86%
Mother tongue (2nd)Chinese · 1%

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

Rankings

Living Area

below average
784 sqft
0255075100
Same streetBottom 2%Same areaBottom 1%CitywideBottom 8%
Same street · Berkley Street
#126 / 129
Bottom 2% · Avg 1,249 sqft
Same area · Betsworth
#1,470 / 1,485
Bottom 1% · Avg 1,455 sqft
Citywide · Winnipeg
#178,771 / 194,458
Bottom 8% · Avg 1,342 sqft

Tax-Assessed Value

around average
312k
0255075100
Same streetBottom 5%Same areaBottom 4%CitywideBottom 33%
Same street · Berkley Street
#123 / 129
Bottom 5% · Avg 422k
Same area · Betsworth
#1,422 / 1,485
Bottom 4% · Avg 458k
Citywide · Winnipeg
#130,567 / 194,458
Bottom 33% · Avg 390.1k

Year Built

below average
1940
0255075100
Same streetBottom 2%Same areaBottom 1%CitywideBottom 19%

Lot Size

Elite
15,962 sqft
0255075100
Same streetTop 18%Same areaTop 5%CitywideTop 2%

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

721 Berkley Street — 5 amenities found within 500 m, across 3 categories, including 1 education (nearest 291 m), 3 parks (nearest 334 m).

Search radius
🏫Education1
🌳Parks3
Worship1

Crime & Safety

Betsworth · WPS public data · 2026

Annual incidents

1

2026

vs. city avg

-97%

relative to avg

Year-over-year

-97%

vs. prior year

Primary type

Property

100%

Sales History

721 Berkley Street: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.

Related homes

Highlights & common questions: 721 Berkley Street, Winnipeg

Property Overview

721 Berkley Street presents a unique proposition in Winnipeg's Betsworth area. Its primary appeal lies in the exceptional land size—a nearly 16,000 sqft lot that ranks in the top 2% of all properties in Winnipeg. This is a true blank canvas in an established neighborhood. The home itself is a modest, 784 sqft one-storey house built in 1940, featuring a finished basement and a detached garage.

This property would perfectly suit a specific type of buyer: those with a vision for the land itself. It's ideal for someone looking to build a new, custom home while staying within a mature community, or for an investor or hobbyist who values expansive outdoor space for gardens, workshops, or future development potential over immediate square footage. It’s less suited for buyers seeking a move-in-ready, spacious modern home without renovation or rebuilding plans.

Key Considerations & FAQs

  1. What does the "ranking" data actually mean for me?
    The rankings highlight a striking contrast: the lot size is among the city's best (top 2%), while the house itself is quite old and small compared to others (ranking in the bottom 10-20% for size and age). This underscores the property's value as a land play rather than a structure play.

  2. Is the house livable while planning for the future?
    With a finished basement and basic amenities, the existing home is likely functional as a modest dwelling. This allows an owner to live on-site or have rental income during the planning stages for a new build or major renovation, which is a significant practical advantage.

  3. Why is the assessed value relatively low compared to the lot potential?
    Municipal assessments typically reflect the current state of the property—the older, smaller home on it. The market value for a buyer intending to utilize the land's full potential would likely be based on the value of comparable lots plus the cost to remove or improve the existing structure, which can be higher than the assessed figure.

  4. What are the less obvious costs or challenges?
    Beyond the purchase price, consider costs for potential demolition, new construction, or significant modernization. Also, investigate zoning bylaws and any heritage or community guidelines that might affect what can be built on this large, prominent lot.

  5. Who is the typical competition for this property?
    You are likely competing with builders, developers, and savvy owner-occupiers who recognize land value. The winning offer will likely be one that appreciates the unique asset—the expansive lot—rather than comparing it directly to standard family homes in the area.

Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.