42.1
Below average
Property score
42.1
Below average
Overall 42.1
Smaller and older than most nearby homes
664 sqft (bottom 7%)
Built in 1912 (36 yrs older than avg)
Located in a above-average income area
with median household income of ~83k
Transit 86.0
3-min walk to transit with 4 nearby routes
Within 500m: 7 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
Below average
30% smaller than neighborhood avg.
Year Built
Below average
36 yrs older 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
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42.1 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
229 Brooklyn Street — 27 amenities found within 500 m, across 8 categories, including 7 dining (nearest 188 m), 2 education (nearest 309 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 | Bottom 17% | Bottom 8% | Bottom 3% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 229 Brooklyn Street, Winnipeg
Key Characteristics & Appeal
This is a compact, one-storey home built in 1912, situated on a standard city lot in the King Edward neighbourhood. Its key characteristic is its modest scale, with a living area of 664 sq ft, which is notably smaller than most homes on its street, in the area, and across Winnipeg. The property presents a very low financial barrier to entry, evidenced by its assessed value of $16,100, which is a fraction of the city-wide average. It features a basement that is noted as not being renovated and does not include a garage or pool.
The appeal lies squarely in its potential as an affordable entry point into homeownership or as a straightforward investment property. It suits a specific type of buyer: a hands-on first-time buyer looking for a minimal footprint to renovate to their taste, or an investor seeking a low-cost rental property with fundamental utilities in place. A less obvious perspective is its potential for someone interested in "right-sizing" or minimalist living within an established urban neighbourhood, where the value is in the location and the land, not the current structure. The home's age and condition suggest it is a canvas for improvement rather than a move-in-ready space.
Frequently Asked Questions
1. Why is the assessed value so much lower than the city average?
The assessed value reflects the property's very small size, older age, and likely the need for updates and renovation compared to the typical Winnipeg home. It is assessed based on its current state and market position.
2. What does "below average" in the rankings mean for a buyer?
For key metrics like living area and assessed value, this property ranks in the bottom 10-20% compared to its immediate neighbours and the wider city. This isn't necessarily negative; it quantitatively confirms the home's position as a smaller, more affordable option in the market.
3. Is the unrenovated basement finished or usable?
The listing specifies the basement is "not renovated." This typically means it is unfinished (concrete floors, exposed framing/mechanicals) and may be suited for storage or laundry, but not designed as living space without significant work.
4. How reliable are the sold price ranges shown?
The ranges are based on available public data. For an exact historical sale price, you must request it directly via the provided email service, as this information is manually verified and not publicly disclosed in detail.
5. Who might the similar-property comparisons be useful for?
The list of properties with similar assessed values is most useful for investors or analysts comparing municipal tax liabilities or evaluating the price point of entry-level assets across different neighbourhoods. They are not similar in style or condition, but in their valuation bracket.
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