40.1
Below average
Property score
40.1
Below average
Overall 40.1
Smaller than most nearby homes
568 sqft (bottom 3%)
Built in 1948 (16 yrs older than avg)
Located in a above-average income area
with median household income of ~78k
Transit 92.0
3-min walk to transit with 6 nearby routes
Within 500m: 1 dining spot, 1 school, 4 parks, and 1 sports facility 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
Below average
16 yrs older than neighborhood avg.
Mother tongue
English · 50%Tagalog · 25%
Past 10 years Brooklands sales snapshot (~80% of all data)
407
287.5k
$259/sqft
1964
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40.1 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: #46110231
$78K
Median household income
$85K
Average household income
13%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.1
P90 / P10 ratio
26%
Single-person households
34%
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
1888 Bannatyne Avenue W — 10 amenities found within 500 m, across 7 categories, including 1 dining (nearest 438 m), 1 education (nearest 479 m), 4 parks (nearest 138 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 26% | Bottom 31% | Bottom 5% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This is a modest, one-storey home built in 1948 on a standard city lot in Winnipeg's Brooklands neighbourhood. Its key characteristic is its scale: with a living area of just 568 sqft, it is among the smallest homes in the city. The property features a detached garage and an unrenovated basement. The appeal lies primarily in its land value and potential, rather than the existing structure. It suits buyers looking for an affordable entry into homeownership with a focus on the future—whether that's a long-term renovation project, a rental investment with a plan to rebuild, or a land-holding opportunity. It's a practical choice for those comfortable with a very compact living space as-is, or for investors who see value in the lot itself within an established community.
Frequently Asked Questions
1. Is this a teardown property?
While the home is livable, its significantly below-average living area and assessed value suggest the land may represent a substantial portion of the property's worth. It is an ideal candidate for a future rebuild or major expansion, appealing to those with renovation or redevelopment plans.
2. What is the neighbourhood like?
Brooklands is a long-established, no-frills residential area. The property's metrics (like year built and lot size) are very typical for this neighbourhood, indicating a consistent, working-class community without extreme highs or lows in property characteristics.
3. How does the assessed value compare to the sale price?
The home last sold in December 2020 for $16,600, which was very close to its current assessed value of $15,800. This consistency suggests a stable, low-end market value for the property in its current condition.
4. What are the immediate costs or projects to consider?
The listing notes the basement is "not renovated," which typically means it is in a raw or utility state. Buyers should budget for any desired improvements to this space. The overall age of the home (78 years) also warrants a thorough inspection for major systems.
5. Who would this property not suit?
It would not suit buyers seeking a move-in ready home with modern finishes or spacious rooms. It is also less ideal for large families due to the limited living area, unless they are specifically purchasing it with immediate and significant expansion in mind.
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