Property score
How it stacks up
Detailed ranking analysis ▼
Street Level (Edmonton Street): Below Average. Ranked #100 out of 168 (Bottom 40%). The street average for comparable homes is 743 sqft.
Neighborhood Level (Broadway-Assiniboine): Below Average. Ranked #382 out of 458 (Bottom 17%). The neighborhood average for comparable homes is 818 sqft.
Citywide Level (Winnipeg): Below Average. Ranked #25,196 out of 26,841 (Bottom 6%). The citywide average for comparable homes is 1,042 sqft.
Street Level (Edmonton Street): Around Average. Ranked #67 out of 168 (Top 40%). The street average for comparable homes is 147.5k.
Neighborhood Level (Broadway-Assiniboine): Below Average. Ranked #305 out of 458 (Bottom 33%). The neighborhood average for comparable homes is 214.0k.
Citywide Level (Winnipeg): Below Average. Ranked #23,564 out of 26,841 (Bottom 12%). The citywide average for comparable homes is 276.9k.
Street Level (Edmonton Street): Above Average. Ranked #1 out of 168 (Top 1%). The street average for comparable homes is 1986.
Neighborhood Level (Broadway-Assiniboine): Above Average. Ranked #92 out of 458 (Top 20%). The neighborhood average for comparable homes is 1983.
Citywide Level (Winnipeg): Below Average. Ranked #14,556 out of 26,841 (Bottom 46%). The citywide average for comparable homes is 1990.
Broadway-Assiniboine market pulse
How to read: Share of sales in each ~$50k price band for “broadway-assiniboine” (Condos, 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.
- Exact sold prices
- Detailed market analysis
- PDF report download
- Neighbourhood insights
- Recent sold count in the area
Who lives in this neighbourhood
Transit, amenities & safety
Nearby Amenities
1204-77 Edmonton Street — 48 amenities found within 500 m, across 8 categories, including 22 dining (nearest 31 m), 1 education (nearest 480 m), 1 healthcare (nearest 319 m).
Crime & safety
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Related homes
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Similar assessed value
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Is this home right for you?
Property Overview: 1204-77 Edmonton Street, Winnipeg
Key Characteristics & Appeal
This is a compact, 620 sqft condominium built in 1986, located in the Broadway-Assiniboine neighbourhood. Its primary appeal lies in its exceptional value and location efficiency. With a very low assessed value and a recent sale price of $16,000, it represents one of the most accessible entry points into the Winnipeg market. The unit ranks newer than 70% of properties city-wide, suggesting the building itself is relatively well-maintained for its age.
The appeal is for a specific, pragmatic buyer: first-time investors seeking a minimal-cost rental property, or extremely budget-conscious individuals who prioritize ownership cost over space. Its location in a central neighbourhood offers proximity to downtown, The Forks, and major bus routes, which is a significant advantage for such an affordable property. It suits someone comfortable with a smaller footprint and views real estate primarily as a low-overhead asset or a utilitarian housing solution. A less obvious perspective is its potential as a "base camp" for someone who travels frequently or lives a minimalist lifestyle, where a cheap, centrally-located condo to store belongings and sleep is more logical than renting.
Frequently Asked Questions
1. Why is the price so low?
The low price reflects the unit's small size (620 sqft), the age of the building, and likely the building's overall condition and monthly condo fees, which are not detailed here. It is positioned as a no-frills, value-based entry into property ownership.
2. What are the monthly condo fees, and what do they cover?
This is the most critical question for a property at this price point. The fees could significantly impact affordability and value. Prospective buyers must obtain this information directly to understand the true monthly carrying cost.
3. Is this a good investment property?
Given the minimal entry cost, it could offer a solid cash-flow opportunity for a landlord, assuming the condo fees and other expenses are manageable. Its central location is a plus for attracting tenants. However, investment suitability depends entirely on the full financial picture, including fees, potential rental income, and building bylaws.
4. How is the building's condition and reserve fund?
For a building constructed in 1986, the health of the condo corporation's reserve fund is paramount. A well-funded reserve indicates preparedness for major repairs (like roofing, windows, elevators), while an underfunded one could lead to special assessments.
5. What is the neighbourhood like for day-to-day living?
Broadway-Assiniboine is a central, mixed-use area. It offers excellent walkability to amenities, parks, and transit, but also comes with the higher activity levels typical of a downtown-adjacent neighbourhood. It's ideal for those seeking an urban, convenient lifestyle.