228 Balmoral Street

West Broadway, Winnipeg

Property score

55.7

Fair

Overall 55.7 · Older than most nearby homes

2,140 sqft (top 37%) · Built in 1901 (9 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

Near average

6% larger than neighborhood avg.

Year Built

Below average

9 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

55.7 is composed by the two sections below.

Property Score

66.3Good
Living Area2,140 sqft94Excellent
Year Built190110Low
Lot Size2,988 sqft28Low
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
2,140 sqft
0255075100
Same streetTop 41%Same areaTop 37%CitywideTop 8%
Same street · Balmoral Street
#32 / 79
Top 41% · Avg 2,079 sqft
Same area · West Broadway
#130 / 348
Top 37% · Avg 2,017 sqft
Citywide · Winnipeg
#14,932 / 194,458
Top 8% · Avg 1,342 sqft

Tax-Assessed Value

above average
355k
0255075100
Same streetTop 18%Same areaTop 20%CitywideBottom 48%
Same street · Balmoral Street
#14 / 79
Top 18% · Avg 263.6k
Same area · West Broadway
#70 / 348
Top 20% · Avg 295.4k
Citywide · Winnipeg
#101,160 / 194,458
Bottom 48% · Avg 390.1k

Year Built

below average
1901
0255075100
Same streetBottom 28%Same areaBottom 11%CitywideBottom 1%

Lot Size

below average
2,988 sqft
0255075100
Same streetBottom 23%Same areaBottom 15%CitywideBottom 10%

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

228 Balmoral Street — 62 amenities found within 500 m, across 9 categories, including 21 dining (nearest 228 m), 3 education (nearest 364 m), 12 healthcare (nearest 186 m).

Search radius
🍽️Dining21
🏫Education3
🏥Healthcare12
🛒Shopping8
🌳Parks5
💪Sports2
🏦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 1/2017CA$350k–400k
Sold price

Same street

Top 23%

Same area

Top 16%

City-wide

Top 42%

Related homes

Highlights & common questions: 228 Balmoral Street, Winnipeg

228 Balmoral Street – Property Summary

Key Characteristics & Buyer Profile

This 1901 home offers 2,140 square feet of living space on a 2,988-square-foot lot. Where it stands out is size: it ranks in the top 8% city-wide for living area, well above Winnipeg’s typical home. The assessed value of $355,000 sits above the street and neighbourhood averages, but is close to the city-wide median—meaning you’re getting significantly more interior space for a price that’s not unusual for the city overall.

The trade-off is on land. The lot is smaller than most on the street and in the neighbourhood, and the house is one of the older properties in the area (built in 1901, placing it in the oldest 1% city-wide). This combination of generous interior space on a compact lot, with a century-old structure, will appeal most to buyers who prioritize square footage and location over a large yard or modern construction. It suits someone looking for a character home in West Broadway with room to spread out, and who is comfortable with the maintenance realities of an older house. The relatively modest assessed value for the size also suggests potential value if interior updates increase the home’s desirability.


Five Possible FAQs

1. How does the living area compare to other homes nearby?
It’s larger than average. On Balmoral Street, it ranks #32 out of 79 homes (top 41%). In the West Broadway neighbourhood, it’s #130 out of 348 (top 37%). City-wide, it’s in the top 8%, with nearly 800 square feet more than the typical comparable home.

2. The assessed value seems high for the street but average for the city—why?
On Balmoral Street, the average assessed value is around $263,600, so this home is above that. But city-wide, the median for comparable properties is about $390,000, so $355,000 is actually below the city average. This suggests the street and neighbourhood have lower overall values compared to Winnipeg as a whole, making this home a relatively strong value within its immediate area.

3. The house was built in 1901—what should I know about its age?
It’s among the older homes in West Broadway and definitely one of the oldest city-wide (top 99% for age). Older homes often have solid framing and character details, but you should expect older systems (electrical, plumbing, heating) and possible maintenance around the foundation or roof. An inspection focused on structural and mechanical condition would be worthwhile.

4. The lot is 2,988 sqft—is that small for the area?
Yes. It’s below average on the street (average 3,934 sqft) and in the neighbourhood (average 3,954 sqft). City-wide, many lots are over 6,500 sqft. If you want a large yard or room for additions, this property may feel tight. But if you’re looking for a bigger house on a manageable lot with less upkeep, it’s a practical fit.

5. How does this home compare to others in terms of overall value?
It’s a property where you’re paying for interior space, not land or a new build. The assessed value per square foot of living area works out to roughly $166—reasonable for an older home in a central neighbourhood. It’s not a fixer-upper bargain, but it’s not priced for its modern finishes either. The value lies in the rarity of a 2,140 sqft home in West Broadway at a mid-range city price point.

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