1-225 Balmoral Street

West Broadway, Winnipeg

Property score

53.4

Fair

Overall 53.4 · Smaller than most nearby homes

1,676 sqft (bottom 26%) · Built in 1902 (8 yrs older than avg)

Located in a below-average income area with median household income of ~41.2k

Transit 92.0 · 3-min walk to transit with 7 nearby routes · Within 500m: 21 dining spots, 3 schools, 12 healthcare facilitys, and 8 shops nearby

Living Area

Below average

17% smaller than neighborhood avg.

Year Built

Below average

8 yrs older than neighborhood avg.

Mother tongue

English · 74%Chinese · 2%

Past 10 years West Broadway sales snapshot (~80% of all data)

Sold Count

141

Median price

275k

$/sqft

$142/sqft

Avg build year

1910

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Property score

53.4 is composed by the two sections below.

Property Score

62.4Fair
Living Area1,676 sqft83Excellent
Year Built190210Low
Lot Size3,524 sqft46Low
Neighbourhood Sales Activity74Good

Community Score

39.8Low
Household Income40Low
Education Level44Low
Housing Stress30Low
Core Housing Need38Low
Employment Health42Low

Neighbourhood Sales

West Broadway

How to read: Share of sales in each ~$50k price band for “west broadway” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110637

Community deep dive

$41K

Median household income

$49K

Average household income

36%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.7

P90 / P10 ratio

45%

Single-person households

6%

Families with children

Population, labour & age

Population (2021)527
Labour force participation rate66%
Median age31.0
Avg household size2.0
Unemployment rate27%
Population density8783 / km²

Households & income

Low income (LIM-AT, % pop.)36%
Single-person households45%
Couple families with children6%
Median household income (2020)$41K

Housing

Renter households94%
Condominium dwellings0%
Median dwelling value (owners)

Diversity, education & language

Immigrants (share of pop.)19%
Visible minority38%
Bachelor's or higher (25–64)22%
Mother tongue (1st)English · 74%
Mother tongue (2nd)Chinese · 1%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

above average
1,676 sqft
0255075100
Same streetBottom 35%Same areaBottom 26%CitywideTop 22%
Same street · Balmoral Street
#51 / 79
Bottom 35% · Avg 2,079 sqft
Same area · West Broadway
#256 / 348
Bottom 26% · Avg 2,017 sqft
Citywide · Winnipeg
#42,511 / 194,458
Top 22% · Avg 1,342 sqft

Tax-Assessed Value

above average
334k
0255075100
Same streetTop 25%Same areaTop 30%CitywideBottom 40%
Same street · Balmoral Street
#20 / 79
Top 25% · Avg 263.6k
Same area · West Broadway
#103 / 348
Top 30% · Avg 295.4k
Citywide · Winnipeg
#115,799 / 194,458
Bottom 40% · Avg 390.1k

Year Built

around average
1902
0255075100
Same streetTop 44%Same areaBottom 35%CitywideBottom 1%

Lot Size

around average
3,524 sqft
0255075100
Same streetBottom 44%Same areaBottom 49%CitywideBottom 19%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

1-225 Balmoral Street — 61 amenities found within 500 m, across 9 categories, including 21 dining (nearest 236 m), 3 education (nearest 323 m), 12 healthcare (nearest 199 m).

Search radius
🍽️Dining21
🏫Education3
🏥Healthcare12
🛒Shopping8
🌳Parks5
💪Sports1
🏦Finance2
Fuel Stations1
Worship8

Crime & Safety

West Broadway · WPS public data · 2026

Annual incidents

67

2026

vs. city avg

+127%

relative to avg

Year-over-year

-94%

vs. prior year

Primary type

Property

45%

Sales History

Sold 9/2016CA$300k–350k
Sold price

Same street

Top 39%

Same area

Top 34%

City-wide

Bottom 42%

Related homes

Highlights & common questions: 1-225 Balmoral Street, Winnipeg

1-225 Balmoral Street – Property Summary

Key Characteristics & Buyer Profile

This 1,676-square-foot home, built in 1902, sits on a 3,524-square-foot lot in Winnipeg’s West Broadway area. Its standout feature is its assessed value: at $334,000, it ranks in the top 25% on Balmoral Street and top 30% in the neighbourhood—significantly above the street average of $263,600. This suggests the property has held or gained value well relative to its immediate surroundings, possibly due to updates, condition, or location within the block.

The living area is slightly below the street and neighbourhood averages (around 2,000 sqft), but above the citywide average for comparable homes (1,342 sqft). The lot is also smaller than typical for the area and city, meaning less outdoor maintenance but limited yard space. The home’s age—among the oldest citywide, ranking in the top 99% for year built—means it likely has character features but may require ongoing upkeep and older systems.

Who it suits: Buyers who prioritize a well-valued property in a central, established neighbourhood, and who are comfortable with an older home on a compact lot. It may appeal to someone looking for solid assessed value relative to the local market, or an investor drawn to the street’s above-average valuation trend. It’s less ideal for those wanting a large yard or a newer, move-in-ready home without potential maintenance.


Five Frequently Asked Questions

1. How does this home’s value compare to others nearby?
Above average. It’s assessed at $334,000, which is about $70,000 more than the typical home on Balmoral Street and roughly $39,000 above the West Broadway average. Citywide, it sits near the middle.

2. Is the living area small for the neighbourhood?
Slightly below average. At 1,676 sqft, it’s about 400 sqft less than the typical home on Balmoral Street and in West Broadway. But it’s still above the citywide average for comparable homes, so it’s not unusually small for Winnipeg overall.

3. What should I know about a home built in 1902?
It’s among the oldest properties in the city. Older homes often have solid construction and character details, but you should expect older plumbing, electrical, and possibly insulation. City records show most similar homes on this street were built around 1906, so the age is typical for the immediate area.

4. How much outdoor space does the lot provide?
Modest. The land area of 3,524 sqft is below the street and neighbourhood averages (both around 3,900 sqft) and well below the citywide average of 6,570 sqft. It’s a manageable yard, but not suited for extensive gardening or large outdoor structures.

5. What does “Top 22% citywide for living area” mean?
It means this home’s living area is larger than 78% of comparable homes across Winnipeg. Even though it’s smaller than the average on its own street, it’s still above average compared to the broader city, where many homes fall below 1,342 sqft. This is useful context if you’re considering how the property stacks up beyond the immediate neighbourhood.

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