70.3
Good
Property score
70.3
Good
Overall 70.3
Larger and newer than most nearby homes
1,152 sqft (top 18%)
Built in 2010 (62 yrs newer than avg)
Located in a above-average income area
with median household income of ~83k
Transit 100.0
2-min walk to transit with 8 nearby routes
Within 500m: 6 dining spots, 2 schools, 2 healthcare facilitys, and 3 shops nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Above average
21% larger than neighborhood avg.
Year Built
Above average
62 yrs newer than neighborhood avg.
Mother tongue
English · 72%Tagalog · 9%
Past 10 years King Edward sales snapshot (~80% of all data)
1,128
356.6k
$349/sqft
1948
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
70.3 is composed by the two sections below.
Property Score
Community Score
King Edward
How to read: Share of sales in each ~$50k price band for “king edward” (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: #46110243
$83K
Median household income
$91K
Average household income
7%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.8
P90 / P10 ratio
26%
Single-person households
22%
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
204 Brooklyn Street — 24 amenities found within 500 m, across 8 categories, including 6 dining (nearest 125 m), 2 education (nearest 227 m), 2 healthcare (nearest 179 m).
King Edward · WPS public data · 2026
Annual incidents
32
2026
vs. city avg
+8%
relative to avg
Year-over-year
▼ -92%
vs. prior year
Primary type
Property
47%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 13% | Top 19% | Bottom 45% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This one-storey home at 204 Brooklyn Street in Winnipeg's King Edward neighbourhood presents a unique profile. Its key appeal lies in a combination of modern convenience and strong value metrics within its immediate area. Built in 2010, it is a significantly newer construction compared to most homes on its street and in the wider neighbourhood, which are predominantly from the late 1940s. The 1,152 sqft living area is above average for the local context, and the property sits on a 4,229 sqft lot, offering generous outdoor space for the area.
The standout characteristic is its assessed value of $38,900, which ranks in the top 5% for both Brooklyn Street and the King Edward neighbourhood. This suggests a very favourable municipal tax assessment relative to nearby properties. The home features a renovated basement and a detached garage.
This property would suit a buyer looking for a low-maintenance, modern home in an established central neighbourhood without paying a premium for a brand-new build. It’s ideal for those who value above-average indoor and outdoor space for the area and are particularly mindful of property tax implications. The data indicates it offers elite value for the specific locale, making it a pragmatic choice for cost-conscious buyers who still want a contemporary living space.
Frequently Asked Questions
1. Why is the assessed value so much lower than the city-wide average?
Municipal assessments are based on market value and are highly comparative within specific areas. This home’s "elite" ranking locally indicates it is assessed at a higher value than most nearby properties, but those neighbouring values are themselves lower than the Winnipeg average. This typically reflects the prevailing market values in the King Edward area.
2. How does the 2010 build year affect the home compared to older neighbours?
A 2010 construction means major systems (roof, wiring, plumbing, insulation) are decades newer than those in most neighbouring homes from the 1910s-1950s. This can translate to greater energy efficiency, fewer immediate repairs, and modern building standards, but the architectural character may differ from the neighbourhood's historic homes.
3. What does the sold price history from 2017 indicate?
The recorded sale in the $30,500-$33,500 range in 2017 provides a historical benchmark. Given the current assessed value and market changes, it is a starting point for understanding appreciation, but a current market evaluation is essential for today's value.
4. Is the renovated basement a legal suite?
The listing states the basement is renovated but does not specify it as a legal rental suite. Buyers should verify with the city for permits and compliance if considering rental income, as a renovation does not automatically equate to a legal secondary suite.
5. How meaningful are the "top percentile" rankings provided?
These rankings are a relative comparison tool. They clearly show this property outperforms most peers on its street and in King Edward in terms of size, newness, and assessed value. However, city-wide rankings are more mixed, highlighting that its advantages are particularly pronounced within its immediate local context.
Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.
