41.6
Below average
Property score
41.6
Below average
Overall 41.6
Smaller than most nearby homes
572 sqft (bottom 3%)
Built in 1954 (10 yrs older than avg)
Located in a above-average income area
with median household income of ~81k
Transit 92.0
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
Below average
38% 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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41.6 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
1860 Mcdermot Avenue W — 9 amenities found within 500 m, across 5 categories, including 3 dining (nearest 296 m), 3 parks (nearest 163 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 1860 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 4% | Bottom 8% | Bottom 1% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 1860 Mcdermot Avenue W, Winnipeg
Section 1: Key Characteristics & Appeal
This is a compact, one-storey home in Brooklands, built in 1954. Its primary appeal lies in its land value and renovation potential. The lot is a standard city size for the area at 3,742 sqft, but the living space is notably modest at 572 sqft, making it one of the smaller homes in Winnipeg. A key feature is the renovated basement, which adds functional space. The home includes a detached garage.
The property’s strongest suit is its assessed value, which is very low compared to the city-wide average, suggesting a potentially accessible entry point into the market. It would suit a specific type of buyer: a hands-on investor or a first-time buyer looking for a footprint in the city with plans to expand or redevelop in the future. Its appeal isn't in its current size, but in its underlying lot value and the opportunity it presents. It’s a property for someone focused on location and potential, rather than immediate move-in condition or space.
Section 2: Frequently Asked Questions
1. Is this a "tear-down" property?
While the living area is very small, the presence of a renovated basement suggests the current structure is livable and maintained. It may be more accurately viewed as a strong candidate for a significant above-grade addition or a future redevelopment site, rather than an immediate tear-down.
2. How does the low assessed value affect property taxes?
The significantly below-average assessed value typically results in lower annual property taxes compared to most homes in Winnipeg, which can be a financial advantage for the owner.
3. What is the neighbourhood like?
Brooklands is a mature, established neighbourhood. The property's metrics (like year built and lot size) are very typical for this area, indicating it fits right into the existing fabric of the community.
4. Can the living space be easily expanded?
The lot provides standard dimensions for the area, offering reasonable room for a potential side or rear addition, subject to local zoning bylaws and permitting. The existing small footprint is actually an advantage for expansion.
5. Why was the 2016 sale price so much lower than the current assessed value?
The sale from nearly a decade ago reflects a different market and does not represent current value. The assessed value is an estimate for taxation purposes, not market price, but the large gap highlights the property's substantial appreciation in assessed value over that period.
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