44.6
Below average
Property score
44.6
Below average
Overall 44.6
Smaller and older than most nearby homes
720 sqft (bottom 16%)
Built in 1913 (35 yrs older than avg)
Located in a above-average income area
with median household income of ~83k
Transit 86.0
2-min walk to transit with 4 nearby routes
Within 500m: 8 dining spots, 3 healthcare facilitys, 3 shops, and 5 parks nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
24% smaller than neighborhood avg.
Year Built
Below average
35 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
294 Brooklyn Street — 26 amenities found within 500 m, across 7 categories, including 8 dining (nearest 195 m), 3 healthcare (nearest 178 m), 3 shopping (nearest 378 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 10% | Bottom 4% | Bottom 2% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 294 Brooklyn Street, Winnipeg
Key Characteristics & Appeal
This is a compact, one-storey home built in 1913, presenting a straightforward opportunity in Winnipeg's King Edward neighbourhood. Its key appeal lies in its position as an accessible entry point into the market. With 720 sqft of living space and an unrenovated basement, the house is modest in scope but sits on a reasonably sized lot (2,398 sqft) for its street. The assessed value is notably low, which typically translates to lower property taxes—a significant ongoing cost saving.
The property suits buyers looking for a functional starter home or a long-term hold for renovation over time. Its smaller size and lower maintenance footprint could also appeal to downsizers seeking simplicity. A less obvious perspective is its potential as a "blank canvas" property; its below-average metrics in size and value for the area mean future improvements are more likely to add proportional value. The data suggests it’s a quintessential "value play" in a city where average home sizes and prices are much higher, offering a chance to build equity through updates rather than paying a premium for a turn-key home.
Frequently Asked Questions
1. What does the assessed value indicate?
The home's assessed value is significantly below city and area averages. This generally results in lower annual property taxes, which is a key financial consideration. It also reflects the home's modest size and unrenovated condition relative to the broader market.
2. How does the lot size compare?
At 2,398 sqft, the lot is near the average for Brooklyn Street itself but is below average for the wider King Edward area and the city. This means outdoor space is reasonable for the immediate location but not expansive.
3. What is implied by the home's rankings?
The rankings show the home is below average in living area, value, and year built compared to most peers locally and citywide. This statistically confirms it as a smaller, older, and more budget-conscious option in the market.
4. Is the basement usable?
The listing notes a basement exists but that it is "not renovated." Buyers should budget for potential updates to make this space fully functional and should anticipate a standard inspection for moisture and foundation integrity common in century-old homes.
5. Who might this property not suit?
It may not suit buyers looking for move-in-ready condition, modern finishes, or ample space for a growing family. The need for eventual updates and its compact layout require a buyer comfortable with a project or a very modest lifestyle.
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