42.6
Below average
Property score
42.6
Below average
Overall 42.6
Smaller than most nearby homes
640 sqft (bottom 5%)
Built in 1918 (30 yrs older than avg)
Located in a above-average income area
with median household income of ~78.5k
Transit 82.0
1-min walk to transit with 2 nearby routes
Within 500m: 1 dining spot, 2 schools, 1 healthcare facility, and 7 parks nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
33% smaller than neighborhood avg.
Year Built
Near average
30 yrs older than neighborhood avg.
Mother tongue
English · 68%Tagalog · 9%
Past 10 years King Edward sales snapshot (~80% of all data)
1,128
356.6k
$349/sqft
1948
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42.6 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: #46110239
$79K
Median household income
$87K
Average household income
6%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.6
P90 / P10 ratio
22%
Single-person households
25%
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
420 Brooklyn Street — 11 amenities found within 500 m, across 4 categories, including 1 dining (nearest 367 m), 2 education (nearest 148 m), 1 healthcare (nearest 423 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%
Local garbage, recycling, and yard waste pickup schedule for 420 Brooklyn Street.
Garbage
friday
Recycling
friday
Yard Waste
friday b
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 5% | Bottom 2% | Bottom 1% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Property Overview: 420 Brooklyn Street, Winnipeg
Key Characteristics & Buyer Profile
This is a compact, one-storey home built in 1918, situated on a notably generous lot for its King Edward neighbourhood. With 640 sqft of living space, it is significantly smaller than most Winnipeg homes, placing it in the bottom 2-3% citywide for size. Its assessed value is correspondingly low, ranking in the bottom 3% of the city. The appeal here is fundamentally about the land—at 3,590 sqft, the lot size is well above average for both the immediate street and the broader area, offering rare potential in a central location. The home itself represents a straightforward, low-cost entry into the market.
This property would suit a specific buyer: a hands-on individual or investor looking for a land-value play or a foundational project. It’s ideal for someone with renovation or rebuilding plans who is motivated by lot size and location over move-in-ready condition. Given the modest scale and assessed value, it could also serve as an ultra-affordable starter home for a buyer comfortable with a cozy footprint and willing to make gradual improvements.
Frequently Asked Questions
1. Why is the assessed value so much lower than the city average?
The assessed value reflects the home's very small size (640 sqft) and age. It is primarily based on the existing structure's value, not the potential of the large lot, making the official assessment low compared to newer or larger homes.
2. What can I do with such a large lot for a home of this size?
The generous lot is the key feature. It provides ample outdoor space, rare for the area, and creates significant potential for future expansion, additions, or even redevelopment, subject to local zoning bylaws.
3. How does the recent sale history inform the current price?
The home sold in 2019 for a price range between $9.5k and $12.5k. This historical price, combined with the current low assessed value, underscores its position as a property where value is tied to the land and future potential rather than the existing structure.
4. Are there any major concerns with a home built in 1918?
While the year built is around average for its street, a home of this age will likely require updates to mechanical systems, insulation, and wiring. A thorough inspection is essential to understand the condition and any needed repairs.
5. Who are the most likely neighbours or comparable properties?
The immediate neighbours are similar-sized homes on Brooklyn and Berry Streets. Interestingly, properties with a similar assessed value citywide are often condominium units, highlighting that this is one of the few detached homes available at this price point, albeit with a project-ready condition.
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