48.7
Below average
Property score
48.7
Below average
Overall 48.7
Compared with neighbourhood average
886 sqft (bottom 45%)
Built in 1921 (27 yrs older than avg)
Located in a above-average income area
with median household income of ~83k
Transit 94.0
2-min walk to transit with 4 nearby routes
Within 500m: 8 dining spots, 3 healthcare facilitys, 2 shops, and 7 parks nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Near average
7% smaller than neighborhood avg.
Year Built
Near average
27 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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48.7 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
307 Brooklyn Street — 26 amenities found within 500 m, across 7 categories, including 8 dining (nearest 200 m), 3 healthcare (nearest 196 m), 2 shopping (nearest 349 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 9% | Bottom 3% | Bottom 2% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 307 Brooklyn Street, Winnipeg
Key Characteristics & Appeal
This is a compact, one-and-a-half storey home built in 1921, offering 886 square feet of living space on a 2,294 sqft lot in the King Edward neighbourhood. Its key appeal lies in its position as an accessible entry point into the Winnipeg market. The home presents a clear value proposition: its assessed value is notably below averages for the street, neighbourhood, and city, suggesting a lower property tax burden and potential for value growth through updates. While the basement exists, it is not renovated, and the property has no garage or pool.
Its size and footprint make it a practical candidate for a first-time buyer, an investor, or someone seeking a minimalist lifestyle without the upkeep of a larger property. The lot, while below area averages, provides essential outdoor space. A thoughtful perspective for the right buyer is viewing this home as a "blank canvas" property—its below-average metrics in key areas are precisely what create an opportunity for personalization and equity building, rather than paying a premium for recent upgrades done to someone else's taste.
Frequently Asked Questions
1. Is this a good value compared to other homes?
Based on assessed value, this home ranks in the bottom 10% on its street and in the broader neighbourhood, indicating it is priced significantly lower than many comparable properties. This can mean a lower entry cost and property taxes, but it may also reflect the need for updates.
2. What should I know about the size and lot?
At 886 sqft, the living space is manageable and close to the average for King Edward. The lot is compact at 2,294 sqft, which is below average for the area. This means lower maintenance but less private outdoor space than some neighbouring properties.
3. How old is the home, and what does that imply?
Built in 1921, the home is over a century old. This age is around average for Brooklyn Street but older than the typical Winnipeg home. Buyers should budget for potential updates to older mechanical systems, windows, or insulation, while appreciating the character of an established neighbourhood.
4. Why is the sold price history shown as a range?
The exact sale prices are not publicly available in all records. The provided range is estimated from public data. You can request the precise historical sale figures by email, which will be provided manually without marketing spam.
5. Who would this property suit best?
This home is best suited for a pragmatic first-time homebuyer comfortable with a project, an investor looking for a rental property with a lower initial assessment, or a downsizer seeking a modest, low-maintenance footprint in a central location. It is less suited for those needing ample indoor or outdoor space or a turn-key, modernized home.
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