Property score
41.1
Below average
Overall 41.1 · Compared with neighbourhood average
780 sqft (bottom 31%) · Built in 1955 (9 yrs older than avg)
Located in a average-income area with median household income of ~60.4k
Transit 88.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 1 dining spot, 2 schools, 2 parks, and 2 fuel stations nearby
Living Area
Below average
15% smaller than neighborhood avg.
Year Built
Near average
9 yrs older than neighborhood avg.
Mother tongue
English · 58%Tagalog · 13%
Past 10 years Brooklands sales snapshot (~80% of all data)
407
287.5k
$259/sqft
1964
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41.1 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: #46110229
$60K
Median household income
$70K
Average household income
12%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.6
P90 / P10 ratio
32%
Single-person households
18%
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
1787 King Edward Street — 8 amenities found within 500 m, across 5 categories, including 1 dining (nearest 412 m), 2 education (nearest 268 m), 2 parks (nearest 342 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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 7% | Bottom 17% | Bottom 3% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 1787 King Edward Street, Winnipeg
Section 1: Key Characteristics & Appeal
This is a modest, one-storey home built in 1955 on a standard city lot in the Brooklands neighbourhood. Its key characteristic is its affordability, underscored by a very low assessed value. The living space is compact at 780 sq ft, and the home features a detached garage. The appeal lies primarily in its land value and potential. For its lot size, it sits above average within Brooklands, presenting a solid foundation for renovation or redevelopment. It would suit a practical, value-driven buyer such as a first-time investor looking for a land-hold opportunity, a contractor seeking a manageable renovation project, or someone wanting to enter the market with minimal upfront cost. It’s less suited for those seeking a move-in-ready home or above-average interior space.
Section 2: Frequently Asked Questions
1. Why is the assessed value so much lower than the city average?
The assessed value reflects the property's current state, size, and market position. A value this low typically indicates a home that is very basic, likely requires significant updates, or is valued largely for its land.
2. Is the lot size a good feature here?
Yes. While the house itself is small, the lot is larger than many in Winnipeg and above average for the Brooklands area. This provides valuable outdoor space and is a key asset for future expansion or landscaping.
3. What type of work might this property need?
Given its age and low valuation, buyers should budget for major systems updates (roof, wiring, plumbing) and general modernization. It is best approached as a fixer-upper or a candidate for substantial renovation.
4. How does the recent sale price compare to the assessment?
The property sold for $13,900 in August 2024, which is close to its assessed value of $11,900. This confirms its positioning as a very low-cost entry point into the market.
5. Who would this property not be a good fit for?
It would not suit buyers who need immediate, comfortable living conditions, desire modern finishes, or have no interest or budget for property improvements. It’s a project-oriented purchase.
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