40.5
Below average
Property score
40.5
Below average
Overall 40.5
Smaller than most nearby homes
713 sqft (bottom 19%)
Built in 1954 (10 yrs older than avg)
Located in a average-income area
with median household income of ~60.4k
Transit 88.0
1-min walk to transit with 3 nearby routes
Within 500m: 1 school, 1 park, 1 fuel station, and 1 place of worship nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
23% smaller than neighborhood avg.
Year Built
Near average
10 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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40.5 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
1805 King Edward Street — 4 amenities found within 500 m, across 4 categories, including 1 education (nearest 336 m), 1 parks (nearest 389 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 13% | Bottom 25% | Bottom 4% |
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 on a 3,733 sqft lot in Brooklands is a straightforward property with clear practical appeal. Its key characteristic is its modest 713 sqft living area, which is notably compact compared to most homes in Winnipeg. Built in 1954, it features a detached garage and an unrenovated basement. The appeal lies in its affordability and low property tax base, as indicated by its well-below-average assessed value. The lot size is above average for the city, offering potential outdoor space or future expansion relative to the home's footprint.
It would best suit a first-time buyer, an investor looking for a rental property, or someone seeking a minimalist, low-maintenance living situation. A thoughtful perspective is that this property represents a true entry point into the market, where value is derived more from land ownership and location than from the existing structure. It’s a canvas for a buyer willing to renovate or expand over time.
Frequently Asked Questions
1. Is the home move-in ready?
The listing notes the basement is "not renovated," suggesting the home likely requires updates. Buyers should budget for improvements and expect a property that reflects its age and assessed value.
2. Why is the living area so much smaller than average?
At 713 sqft, this is a compact, classic one-storey layout. This size was more common for its era and contributes directly to its lower assessed value and property taxes.
3. What does the lot size mean for potential?
The lot is larger than the Winnipeg average, which is a positive. It provides valuable outdoor space and could allow for additions, a garden, or storage, offering future flexibility the current home does not.
4. How should I interpret the assessed value and past sale price?
The assessed value ($18.4k) is for taxation purposes and is very low, indicating low annual property taxes. The 2020 sale price of $15.3k reflects the home's niche as a very affordable, no-frills property, not a typical market sale.
5. Who is the typical buyer for a home like this?
This property is primarily for practical buyers: those seeking the lowest possible entry into homeownership, investors for whom the numbers must work for rental income, or individuals comfortable with a project to gradually increase comfort and value.
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