Property score
43.9
Below average
Overall 43.9 · Smaller and older than most nearby homes
774 sqft (bottom 26%) · Built in 1906 (42 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: 9 dining spots, 2 schools, 3 healthcare facilitys, and 3 shops nearby
Living Area
Below average
19% smaller than neighborhood avg.
Year Built
Below average
42 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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43.9 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
271 Brooklyn Street — 30 amenities found within 500 m, across 8 categories, including 9 dining (nearest 289 m), 2 education (nearest 469 m), 3 healthcare (nearest 278 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 4% | Bottom 2% | Bottom 1% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 271 Brooklyn Street, Winnipeg
Key Characteristics & Appeal
This is a compact, one-and-three-quarter storey home in Winnipeg's King Edward neighbourhood, built in 1906. With 774 square feet of living space and an unrenovated basement, it sits on a modest 2,295 sqft lot. The home's most defining characteristic is its exceptionally low municipal assessed value, which ranks in the bottom 1-2% compared to its street, neighbourhood, and the entire city. It last sold in mid-2019 for a very modest price range.
Its primary appeal lies in its potential as an entry point into homeownership with minimal property tax overhead, or as a strategic investment property. It suits a very specific buyer: a hands-on renovator or investor looking for a low-cost canvas, someone seeking the absolute lowest-priced detached home option in the city, or a buyer prioritizing lot location over the condition of the existing structure. A less obvious perspective is that such a low assessment, while saving on annual taxes, can also indicate significant deferred maintenance or functional obsolescence that requires substantial capital to address. Its value is almost entirely in the land and location, not the current building.
Frequently Asked Questions
1. Why is the assessed value so low?
Assessed values are based on market value and comparable sales. A value this far below area averages typically reflects the home's age, compact size, condition, and any functional issues that significantly impact its market price compared to other properties.
2. What does "basement, not renovated" imply?
This usually indicates an original or dated basement with older finishes, mechanical systems (like heating or plumbing), and likely limited moisture protection or insulation. It should be inspected thoroughly and budgeted for potential upgrades or repairs.
3. Who would this property be a good fit for?
It is best suited for an experienced renovator or investor comfortable with a major project. It could also serve a buyer with a very tight budget for a purchase price and annual taxes, who is willing to live in basic conditions while planning gradual improvements.
4. How reliable are the sold price ranges shown?
The ranges are derived from public data. For precise historical sale figures, you must request the exact data via email, as the listing service manually verifies and provides this information.
5. The nearby similar-valued properties are all condo addresses. Is this a condo?
No, this is a detached house. The similar assessed values shown are for condominium units, highlighting how uniquely low this property's assessment is for a standalone house. This comparison underscores the atypical value proposition of this home.
