Property score
How it stacks up
Detailed ranking analysis ▼
Street Level (Carlton Street): Below Average. Ranked #18 out of 26 (Bottom 31%). The street average for comparable homes is 988 sqft.
Neighborhood Level (Broadway-Assiniboine): Around Average. Ranked #103 out of 458 (Top 22%). The neighborhood average for comparable homes is 818 sqft.
Citywide Level (Winnipeg): Below Average. Ranked #18,838 out of 26,841 (Bottom 30%). The citywide average for comparable homes is 1,042 sqft.
Street Level (Carlton Street): Around Average. Ranked #13 out of 26 (Top 50%). The street average for comparable homes is 128.2k.
Neighborhood Level (Broadway-Assiniboine): Below Average. Ranked #349 out of 458 (Bottom 24%). The neighborhood average for comparable homes is 214.0k.
Citywide Level (Winnipeg): Below Average. Ranked #24,398 out of 26,841 (Bottom 9%). The citywide average for comparable homes is 276.9k.
Street Level (Carlton Street): Above Average. Ranked #1 out of 26 (Top 4%). The street average for comparable homes is 1910.
Neighborhood Level (Broadway-Assiniboine): Below Average. Ranked #438 out of 458 (Bottom 4%). The neighborhood average for comparable homes is 1983.
Citywide Level (Winnipeg): Below Average. Ranked #26,328 out of 26,841 (Bottom 2%). 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
2-74 Carlton Street — 52 amenities found within 500 m, across 8 categories, including 27 dining (nearest 56 m), 1 education (nearest 497 m), 1 healthcare (nearest 275 m).
Crime & safety
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Related homes
Nearby interested homes
Address · Year Built · Living Area
Nearby properties
Address · Distance
Similar assessed value
Address · Tax-Assessed Value
Is this home right for you?
Property Overview
This 850 sqft home at 2-74 Carlton Street in Winnipeg's Broadway-Assiniboine neighbourhood is a compact, century-old property (built 1911) with a notably low municipal assessed value of $9,500. Its appeal lies in its position as an entry-point property in a central area. It last sold in late 2022 for $13,400. The home ranks very low in value compared to its neighbourhood and the wider city, but its age is older than most in the area. It has no basement, pool, or garage.
This property would primarily suit a specific type of buyer: investors or hands-on owners looking for a minimal-cost entry into the market, possibly for land value, redevelopment, or as a renovation project. It is not suited for those seeking a move-in ready home or conventional amenities.
Key Considerations & FAQs
1. What am I actually buying here?
Given the extremely low assessed and recent sale value, you are likely purchasing the land or a very basic structure. The price reflects a project, not a traditional home.
2. Why is the value so low compared to the neighbourhood?
The assessed value is in the bottom tier of both the neighbourhood and the entire city. This typically indicates a small, aged structure that may require significant investment, or it could be a non-standard property type (e.g., a converted unit in a larger building, given the similar addresses nearby like "3-74" and "1-74").
3. Is this a good investment?
It's a high-risk, potentially high-reward proposition. The central location is a plus, but success depends entirely on development potential, renovation costs, and your tolerance for risk. It is not a passive investment.
4. What should I research before considering an offer?
Critical due diligence includes: verifying the exact legal title and property type; checking zoning bylaws for redevelopment or addition potential; and getting a thorough inspection to understand the true condition and necessary repairs.
5. How does the lack of basement, garage, and yard impact livability?
The 850 sqft living area is all you get. This demands efficient use of space and means no traditional storage or utility areas. This layout suits a minimalist lifestyle but requires adjustment for most buyers.