38.7
Below average
Property score
38.7
Below average
Overall 38.7
Smaller and older than most nearby homes
616 sqft (bottom 6%)
Built in 1925 (39 yrs older than avg)
Located in a above-average income area
with median household income of ~79.5k
Transit 94.0
2-min walk to transit with 4 nearby routes
Within 500m: 1 school, 5 parks, 1 sports facility, and 1 bank/ATM nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
33% smaller than neighborhood avg.
Year Built
Below average
39 yrs older than neighborhood avg.
Mother tongue
English · 53%Tagalog · 23%
Past 10 years Brooklands sales snapshot (~80% of all data)
407
287.5k
$259/sqft
1964
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38.7 is composed by the two sections below.
Property Score
Community Score
Brooklands
How to read: Share of sales in each ~$50k price band for “brooklands” (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: #46110230
$80K
Median household income
$91K
Average household income
14%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.9
P90 / P10 ratio
14%
Single-person households
31%
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
1 Willowbank Street — 8 amenities found within 500 m, across 4 categories, including 1 education (nearest 500 m), 5 parks (nearest 311 m).
Brooklands · WPS public data · 2026
Annual incidents
29
2026
vs. city avg
-2%
relative to avg
Year-over-year
▼ -92%
vs. prior year
Primary type
Property
79%
Local garbage, recycling, and yard waste pickup schedule for 1 Willowbank Street.
Garbage
friday
Recycling
friday
Yard Waste
friday b
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 1% | Bottom 27% | Bottom 5% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview & Key Characteristics
This one-storey home at 1 Willowbank Street in Winnipeg's Brooklands neighbourhood presents a straightforward, land-focused opportunity. Built in 1925, its primary appeal lies in its 2,423 sqft lot, which is a competitively sized parcel for the immediate street. The 616 sqft living area is compact, and the home includes an unrenovated basement but no garage or pool. The assessed value is notably below averages for the area and city.
Its core appeal is for the value-conscious buyer or investor seeking a lower-cost entry into the Winnipeg market, with the land representing a significant portion of the property's value. It would suit a hands-on buyer comfortable with a home that requires updates, an investor looking for a rental property with a manageable footprint, or someone prioritizing future potential (like a lot for expansion or redevelopment) over immediate move-in condition. A thoughtful perspective is that this property offers a chance to own a home without a large mortgage, potentially freeing up capital for strategic renovations over time.
Frequently Asked Questions
1. Why is the assessed value so much lower than the city-wide average?
Assessed values are based on a mass appraisal system considering factors like home size, age, and location. The compact living area and age of this home place it in a lower value tier compared to the average Winnipeg property, which includes many larger, newer homes.
2. What does the land size ranking mean for this property?
While the lot is below average for Brooklands and Winnipeg overall, it ranks in the top 40% (4th out of 10) on its own street. This suggests the lot is actually a relative strength within its immediate context, not a drawback.
3. Is the unrenovated basement finished?
The listing specifies the basement is "not renovated," which typically indicates it is unfinished or in original condition, lacking modern finishes or updates.
4. Who would this property not be suitable for?
It would likely not suit buyers seeking a turn-key, modern home with ample indoor living space, garage parking, or who prefer not to take on any renovation projects.
5. How recent is the sale price data shown?
The property last sold in August 2021 for $15,900. This provides historical context, but the current listing price may be different.
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