50.2
Fair
Property score
50.2
Fair
Overall 50.2
Compared with neighbourhood average
845 sqft (bottom 42%)
Built in 1954 (10 yrs older than avg)
Located in a above-average income area
with median household income of ~81k
Transit 100.0
2-min walk to transit with 5 nearby routes
Within 500m: 3 dining spots, 3 parks, 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
Near average
8% smaller than neighborhood avg.
Year Built
Near average
10 yrs older than neighborhood avg.
Mother tongue
English · 53%Tagalog · 19%
Past 10 years Brooklands sales snapshot (~80% of all data)
407
287.5k
$259/sqft
1964
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50.2 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: #46110227
$81K
Median household income
$87K
Average household income
13%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.8
P90 / P10 ratio
17%
Single-person households
25%
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
1854 Mcdermot Avenue W — 9 amenities found within 500 m, across 5 categories, including 3 dining (nearest 318 m), 3 parks (nearest 166 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 1854 Mcdermot Avenue W.
Garbage
friday
Recycling
friday
Yard Waste
friday b
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 18% | Bottom 26% | Bottom 4% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 1854 Mcdermot Avenue W, Winnipeg
Key Characteristics & Appeal
This is a modest, one-storey home built in 1954 on a standard city lot in Brooklands. Its primary appeal lies in its affordability and potential as a straightforward entry point into the Winnipeg market. With 845 square feet of living space, it is a compact property, well-suited for a first-time buyer, an investor, or someone seeking a low-maintenance footprint.
The lot size is typical for the street and neighbourhood, but the home's assessed value is notably below average across all comparison levels—street, neighbourhood, and city. This significant value gap suggests the property may be undervalued, presenting a clear opportunity for value-conscious buyers. It’s a home that asks for a practical perspective: the appeal isn't in luxury finishes or size, but in the fundamentals of land ownership and the possibility to build equity through updates or simple, steady holding. It would suit a buyer comfortable with a property that prioritizes function over flair, or an investor looking for a rental asset with a very low entry cost.
Frequently Asked Questions
1. Why is the assessed value so much lower than the city average?
The assessed value is a municipal calculation for tax purposes, often based on market value and property characteristics. This home's value ranks in the bottom tier citywide, reflecting its smaller size, age, and likely the market conditions in its area compared to more expensive Winnipeg neighbourhoods.
2. Is the house in need of major repairs?
While the listing doesn't specify condition, the age of the home (72 years) and its below-average assessed value strongly suggest that updating or repairs may be needed. A thorough inspection is essential to understand the state of major systems like roof, plumbing, and wiring.
3. What is the Brooklands neighbourhood like?
Brooklands is a established, no-frills residential area in Winnipeg. It offers affordability and proximity to major routes. Buyers should research the specific street and nearby amenities to ensure it fits their lifestyle needs.
4. Could this be a good rental property?
Given the very low assessed and recent sale prices, the initial investment could be quite low, potentially improving cash flow prospects. Its small size likely makes it suitable for a single tenant or couple, but rental demand and rates in this specific area should be verified.
5. How does the living area compare to nearby homes?
At 845 sq ft, this home is smaller than the average on its street (~1,144 sq ft) but is close to the neighbourhood average (~920 sq ft). It's a compact layout, so efficient use of space is key.
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