Property score
66.8
Good
Overall 66.8 · Smaller and older than most nearby homes
1,076 sqft (bottom 2%) · Built in 1968 (45 yrs older than avg)
Located in a above-average income area with median household income of ~86k
Transit 0.0
Living Area
Below average
37% smaller than neighborhood avg.
Year Built
Below average
45 yrs older than neighborhood avg.
Mother tongue
Punjabi · 43%English · 29%
Past 10 years Rosser-Old Kildonan sales snapshot (~80% of all data)
245
441.5k
$297/sqft
2013
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66.8 is composed by the two sections below.
Property Score
Community Score
Rosser-Old Kildonan
How to read: Share of sales in each ~$50k price band for “rosser-old kildonan” (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: #46110001
$86K
Median household income
$99K
Average household income
10%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.9
P90 / P10 ratio
17%
Single-person households
28%
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
Rosser-Old Kildonan · WPS public data · 2026
Annual incidents
4
2026
vs. city avg
-86%
relative to avg
Year-over-year
▼ -96%
vs. prior year
Primary type
Property
100%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 36% | Top 38% | Top 12% |
Request exact sold prices and history by email
Address · Distance
Address · Tax-Assessed Value
Property Overview & Key Characteristics
This property at 1250 Balgona Road is a distinctive offering defined by its exceptional land size. Situated on just over five acres (221,987 sq ft), the lot ranks in the top tier for size within its street, neighbourhood, and the entire city of Winnipeg. The home itself is a renovated one-storey bungalow built in 1968, featuring 1,076 sq ft of living space and a detached garage.
Its primary appeal lies in the rare opportunity for a private, rural-feeling setting within the Rosser-Old Kildonan area. The vast land provides immense potential for gardening, recreation, or future expansion, offering a lifestyle not commonly found in a city context. The recent renovation of the basement adds modern living space to the classic bungalow layout.
This home would best suit buyers who prioritize land and privacy over a large existing footprint. It’s ideal for someone seeking a hobby farm, space for multiple vehicles or projects, or simply a generous private retreat. The manageable house size coupled with the renovated basement makes it practical for small families, downsizers who still want outdoor space, or investors who see long-term value in the land itself. A thoughtful perspective is that the significant difference between the recent sale price and the assessed value highlights a market perception that places a substantial premium on the land asset itself.
Frequently Asked Questions
1. How does the property’s assessed value compare to its recent sale price?
The home was assessed at $46,600 but sold for $540,000 in October 2024. This large discrepancy is common when a property’s value is driven primarily by its land, as the assessed value may not fully capture market demand for such a rare, large lot.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. A buyer should inquire for details on the finishes, legal egress, ceiling height, and whether it includes additional bedrooms or a separate entrance.
3. Is the land usable as-is, or are there restrictions?
With over five acres, understanding any zoning bylaws or environmental restrictions (e.g., floodplain, protected areas) is crucial. This will determine what you can actually do with the land, from building additions to keeping animals.
4. What are the annual property taxes?
Given the recent sale price is significantly higher than the assessed value, it’s important to request current tax information and anticipate a potential increase following the municipality’s reassessment after the sale.
5. Why are many comparable listings shown with much lower assessed values?
The "similar assessed value" list is based on the old $46,600 assessment, not the sale price or land size. More relevant comparisons are the "nearby properties" on Balgona Road and the "people also viewed" listings, which include other large-lot or rural-style properties.
