Property score
41.5
Below average
Overall 41.5 · Smaller and older than most nearby homes
760 sqft (bottom 23%) · Built in 1913 (35 yrs older than avg)
Located in a above-average income area with median household income of ~75k
Transit 74.0 · 3-min walk to transit with 2 nearby routes · Within 500m: 2 schools, 2 shops, 5 parks, and 1 sports facility nearby
Living Area
Below average
20% smaller than neighborhood avg.
Year Built
Below average
35 yrs older than neighborhood avg.
Mother tongue
English · 76%Tagalog · 9%
Past 10 years King Edward sales snapshot (~80% of all data)
1,128
356.6k
$349/sqft
1948
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41.5 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: #46110238
$75K
Median household income
$87K
Average household income
12%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.9
P90 / P10 ratio
30%
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
473 Brooklyn Street — 11 amenities found within 500 m, across 5 categories, including 2 education (nearest 193 m), 2 shopping (nearest 386 m), 5 parks (nearest 88 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 2% | Bottom 1% | Bottom 1% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Section 1: Property Overview
This one-storey home at 473 Brooklyn Street in Winnipeg's King Edward neighbourhood presents a straightforward, no-frills opportunity. Its key characteristic is its affordability, underscored by a very low assessed value that places it in the bottom tier compared to most of the city. With 760 sqft of living space and no basement, garage, or pool, it's a compact and simple structure on a modest 2,297 sqft lot. Built in 1913, it is notably older than most area homes.
The appeal lies in its potential as an entry point into the market or as a bare-bones investment property. It suits buyers with very limited capital, those seeking a minimal footprint, or investors looking for a low-cost asset that could be renovated or held for land value. A less obvious perspective is that its rock-bottom official valuation might offer relative tax savings compared to more updated homes, and its age could appeal to someone interested in the history of Winnipeg's early 20th-century housing stock, though it would require significant investigation and likely investment.
Section 2: Frequently Asked Questions
1. Why is the assessed value so much lower than the city-wide average?
The assessed value reflects the property's older age, smaller size, and basic characteristics compared to the broader market. It is ranked in the lowest percentiles for its street, neighbourhood, and city, indicating it is considered a more modest asset by municipal assessment standards.
2. What does "no basement" mean for this home?
It indicates the house is built on a slab or crawl space, with no below-grade living or storage area. This limits utility and storage space and may influence heating system placement and renovation options.
3. How does the sold price history from 2016 relate to today's value?
The last recorded sale was between $8,500 and $11,500 in late 2016. This historical figure provides context for the property's past market position but does not reflect current market conditions, which must be determined by a new appraisal or comparative market analysis.
4. Who would this property be most suitable for?
It is best suited for an extremely budget-conscious first-time buyer, a hands-on investor planning a renovation, or someone seeking the absolute minimum carrying costs. It is less suitable for those needing space, modern amenities, or who are not prepared for potential maintenance associated with a 113-year-old home.
5. How should I interpret the ranking data for Living Area and Year Built?
The rankings show this home is smaller and older than most comparable properties on its street, in King Edward, and across Winnipeg. For example, its living area is in the top 71% on its street, which means 71% of comparable street properties are larger than it is. This quantifies its position as a more compact and historic option in its peer group.
