44.6
Below average
Property score
44.6
Below average
Overall 44.6
Smaller than most nearby homes
776 sqft (bottom 26%)
Built in 1918 (30 yrs older 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: 8 dining spots, 1 school, 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
Below average
19% smaller than neighborhood avg.
Year Built
Near average
30 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
262 Brooklyn Street — 28 amenities found within 500 m, across 8 categories, including 8 dining (nearest 293 m), 1 education (nearest 444 m), 3 healthcare (nearest 277 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 22% | Bottom 9% | Bottom 4% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
262 Brooklyn Street is a compact, one-and-three-quarter storey home built in 1918, situated in Winnipeg's King Edward neighbourhood. With 776 square feet of living space and an unrenovated basement, it sits on a 2,397 sqft lot. The home presents a straightforward, no-frills opportunity in the market.
Key Characteristics & Appeal
This property’s primary appeal lies in its position as an accessible entry point into homeownership. Its assessed value is notably below averages for the street, neighbourhood, and city, suggesting a lower property tax burden and a potentially lower purchase price. The lot size is typical for Brooklyn Street but smaller than most in the wider area, emphasizing a low-maintenance footprint.
It would suit a first-time buyer, an investor looking for a rental property, or someone seeking a minimalist living situation without the upkeep of a larger home or yard. Its age means it has historic character but also implies that maintenance and potential updates should be factored into any plans. A thoughtful perspective is that this home offers a chance to build equity in a central location without a large initial financial outlay, but it requires a buyer comfortable with a project or a home in as-is condition.
Frequently Asked Questions
1. Why is the assessed value so much lower than the city average?
Assessed value is for municipal tax purposes and is influenced by the home's size, age, condition, and recent sales in the area. This home's modest size and unrenovated state contribute to its lower assessment compared to newer or larger city-wide averages.
2. What does "one & 3/4 storey" mean for the layout?
This style typically features a main floor and a second floor where the ceilings slope with the roofline, often creating cozy bedrooms with limited full-height wall space. It's a classic design for homes of this era.
3. Is the unrenovated basement finished or usable for storage?
The listing specifies it is "not renovated," which generally means it is in a rough, unfinished state (concrete floors, exposed beams). It would be suitable for mechanical systems and storage but not as living space without significant work.
4. How does the sold price history help determine current value?
The last known sale was between $13.5k and $16.5k in early 2019. This provides a historical benchmark, but current market conditions, interest rates, and the property's present state will determine its value today.
5. What are the practical implications of the smaller lot size?
The lot is manageable for basic outdoor space but offers limited room for expansions like a large addition or garage. This can be a positive for those wanting less yard work, but a constraint for those desiring extensive outdoor living or parking space.
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