75.2
Good
Property score
75.2
Good
Overall 75.2
Larger and newer than most nearby homes
1,534 sqft (top 3%)
Built in 2024 (76 yrs newer than avg)
Located in a above-average income area
with median household income of ~83k
Transit 86.0
4-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
61% larger than neighborhood avg.
Year Built
Above average
76 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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75.2 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
257 Brooklyn Street — 28 amenities found within 500 m, across 8 categories, including 7 dining (nearest 249 m), 2 education (nearest 415 m), 3 healthcare (nearest 258 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 1% | Top 3% | Top 24% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
257 Brooklyn Street is a modern, two-storey home built in 2024, offering a rare combination of new construction in Winnipeg's established King Edward neighbourhood. Its primary appeal lies in its move-in-ready condition and above-average living space for the area, without the typical maintenance concerns of an older property. The home features 1,534 sqft of living area, placing it in the top tier (top 3%) for size both on its street and within the wider neighbourhood. It sits on a standard city lot of 2,295 sqft.
This property is ideally suited for buyers seeking a modern home in a mature community, particularly first-time homeowners or downsizers who want the layout and efficiency of a new build without moving to a distant suburb. Its strong assessed value ranking suggests it is seen as a premium offering in its immediate context. A key consideration is the unrenovated basement, which presents a blank canvas for future expansion or storage, and the lack of a garage, which is common for the area.
Frequently Asked Questions
1. Why is the assessed value so much lower than the recent sold price?
The assessed value ($41.5k) is for municipal tax purposes and is based on a provincial formula that often lags behind the current market. The recent sold price (Feb 2025, $42.5k-$45.5k) reflects the actual market value buyers were willing to pay for this specific, nearly new home.
2. How does the lot size impact the property?
At 2,295 sqft, the lot is smaller than many in Winnipeg but typical for the King Edward core. This means lower exterior maintenance but may limit options for large additions or extensive landscaping compared to properties on larger lots.
3. What does the "top percentile" ranking mean for living area?
Ranking in the top 3% for living area in the neighbourhood means this home is significantly larger than most comparable properties nearby. This is a major advantage, offering more interior space than the area's average of roughly 930-952 sqft.
4. Is the lack of a garage a significant drawback?
This depends on buyer needs. Many homes in central neighbourhoods like King Edward do not have garages. The trade-off is a prime location and a modern home, but buyers reliant on private, covered parking for vehicles or storage will need to factor this in.
5. What are the implications of the unrenovated basement?
The basement is a functional space but finished to a basic standard. This is common in new builds and can be seen as an opportunity: it allows the next owner to customize the space to their specific needs (e.g., recreation room, home office, or additional bedroom) without first demolishing an old renovation.
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