44.6
Below average
Property score
44.6
Below average
Overall 44.6
Smaller and older than most nearby homes
752 sqft (bottom 21%)
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
21% 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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44.6 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
231 Brooklyn Street — 26 amenities found within 500 m, across 8 categories, including 7 dining (nearest 191 m), 2 education (nearest 316 m), 2 healthcare (nearest 183 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 15% | Bottom 7% | Bottom 3% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This is a compact, one-storey home built in 1912, situated on a standard city lot in Winnipeg's King Edward neighbourhood. With 752 square feet of living space and an unrenovated basement, it presents as a straightforward, no-frills property. Its assessed value of $170k is notably below averages for the street, neighbourhood, and city, indicating a potentially accessible entry point into the market.
Key Characteristics & Appeal
The primary appeal of this home is its position as an affordable, low-maintenance footprint in a central location. It suits first-time buyers, investors, or downsizers seeking minimal upkeep and property taxes. Its smaller size and vintage charm offer a simpler living arrangement without the complexities of modern additions or a large yard.
A thoughtful perspective is that this property represents a "blank canvas" within a historic building envelope. While the basement is unrenovated, the main floor living area provides a manageable scope for cosmetic updates. For the right buyer, its below-average metrics are not drawbacks but features: they translate to lower carrying costs and a clear, contained project. It’s a practical choice for someone prioritizing financial efficiency and location over space and modern finishes.
Frequently Asked Questions
1. Why is the assessed value so much lower than the city average?
The assessed value reflects specific characteristics like the home's smaller size, age, and basic condition compared to the broader city's housing stock, which includes many larger, newer, or renovated properties.
2. What does "below average" for land area mean in this context?
While the lot is a standard city size for its area, it is smaller than many lots across Winnipeg, especially those in newer suburbs. In its immediate King Edward neighbourhood, however, the lot size is quite typical.
3. Is the unrenovated basement a major concern?
It indicates a space that is functional but may require updates for modern use. It presents both a potential project and an opportunity to customize the space to a new owner's needs, factoring in the necessary investment.
4. Who would this property not be suitable for?
It would likely not suit a growing family needing multiple bedrooms and more living space, or a buyer seeking a move-in-ready home with modern amenities and finished basement space.
5. How reliable are the historical sold price ranges shown?
The ranges are based on public data. For precise historical sale figures, you can request the exact sold price via email from the listing service, which they provide manually.
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