72.0
Good
Property score
72.0
Good
Overall 72.0
Larger and newer than most nearby homes
1,367 sqft (top 6%)
Built in 2019 (71 yrs newer 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, 3 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
44% larger than neighborhood avg.
Year Built
Above average
71 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
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72.0 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
245 Brooklyn Street — 28 amenities found within 500 m, across 8 categories, including 7 dining (nearest 218 m), 2 education (nearest 370 m), 3 healthcare (nearest 221 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 17% | Top 22% | Bottom 42% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
245 Brooklyn Street is a modern, two-storey home in Winnipeg's King Edward neighbourhood. Built in 2019, it stands out in an area primarily composed of much older homes. With 1,367 sqft of living space and a renovated basement, it offers contemporary finishes in a well-established setting. The home has no garage or pool.
Its primary appeal lies in its rarity as a recent build, offering move-in readiness and modern efficiency in a mature neighbourhood. The home ranks in the top tier for its assessed value, living area, and year built when compared to its immediate street and area, suggesting it is a premium property in its local context. It’s important to note that while the lot size is smaller than area averages, this often translates to lower maintenance.
This property would suit a buyer looking for a modern home without the wait and uncertainty of new construction, who values being in a central, established community. It’s also a practical choice for those who want updated mechanics and layout but prefer the character of an older neighbourhood over a new subdivision.
Frequently Asked Questions
1. Why is the assessed value so much higher than nearby homes?
The assessed value reflects the home's recent construction (2019), its above-average living area for the area, and its renovated condition. It is ranked in the top 4% of homes on its street and in King Edward for this metric.
2. What are the implications of the smaller lot size?
The land area is below average for the street, area, and city. This typically means less exterior maintenance and yard work, which can be a benefit for some buyers. However, it may limit expansion possibilities or extensive landscaping.
3. How does the living space compare practically?
At 1,367 sqft, the living area is significantly above the local average (which is around 930-952 sqft for comparable homes in King Edward). This places it in the top 6-7% for the area, offering more interior space than most nearby properties.
4. The home sold in 2020. What does that price range indicate?
The sold price range from February 2020 provides a historical benchmark. Given the significant increase in assessed value since then, a buyer should investigate current market conditions and recent comparable sales to understand today's value.
5. What is the neighbourhood like, given the mix of old and new homes?
King Edward is a mature neighbourhood. This home is an exception, being one of the newest on the block. Buyers should appreciate the established tree canopy and community feel, while understanding that most immediate neighbours will be older, character homes.
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