Property score
58.8
Fair
Overall 58.8 · Larger than most nearby homes
2,646 sqft (top 11%) · 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: 24 dining spots, 4 schools, 13 healthcare facilitys, and 8 shops nearby
Living Area
Above average
31% larger 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)
141
275k
$142/sqft
1910
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58.8 is composed by the two sections below.
Property Score
Community Score
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.
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: #46110637
$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
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
244 Balmoral Street — 70 amenities found within 500 m, across 10 categories, including 24 dining (nearest 194 m), 4 education (nearest 334 m), 13 healthcare (nearest 207 m).
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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 45% | Top 46% | Bottom 32% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
This is a 2,646-square-foot home built in 1902, sitting on a 3,583-square-foot lot in Winnipeg’s West Broadway neighbourhood. The standout feature is the living space: it ranks in the top 2% city-wide for size, with about 1,300 more square feet than the average Winnipeg home. On its own street and in the immediate area, it’s still well above average—top 19% and top 11% respectively. That extra space is the primary draw here.
The assessed value is $265,000, which is roughly average for Balmoral Street and slightly below the neighbourhood average of $295,000. City-wide, the assessment is well below the $390,000 average, which reflects both the older housing stock in this part of Winnipeg and the property’s modest land size (3,583 sqft—at or slightly below typical lots for the area, and significantly smaller than the city-wide average of 6,570 sqft). The home was built in 1902, making it older than most homes on the street and in the neighbourhood, and placing it among the oldest 1% of homes city-wide.
Where the appeal lies: The selling point is square footage per dollar. Buyers get a large home with historic bones at a price point well under newer or more centrally located properties of similar size. The trade-off is an older building, a smaller lot than many suburban homes, and a neighbourhood where assessed values lag behind the city average. This isn’t a move-in-ready modern renovation—it’s a property with potential for someone who values space and location over new construction.
What type of buyer it would suit: Someone who wants generous living space in an established central neighbourhood, and is comfortable with the realities of an older home (maintenance, likely outdated systems). It could work for a family needing room to grow, an investor looking for a rental with strong square-footage appeal, or a buyer who prioritizes character and proximity to downtown over a cookie-cutter layout. It would be a less natural fit for someone seeking a low-maintenance newer build or a large yard.
1. How does the assessed value compare to similar homes nearby, and what does that tell me?
The assessed value of $265,000 is typical for this block of Balmoral Street, but about 10% below the West Broadway neighbourhood average. City-wide, it’s well below the average for comparable homes. This suggests the property is priced in line with local market conditions—it’s not undervalued relative to its immediate surroundings, but the neighbourhood as a whole carries lower assessments than many Winnipeg areas. The gap likely reflects the older housing stock and smaller lots here, not a hidden bargain.
2. The home is from 1902. What should I expect in terms of renovation or maintenance?
A 1902 build means you’re buying into a heritage-era structure. Mechanical systems (plumbing, electrical, heating) may be original or updated at various points—so expect unknowns. Older homes often require more frequent upkeep, from foundation issues to window and roof replacement. It’s wise to budget for a thorough inspection before purchase. That said, many homes of this vintage in West Broadway have been updated; check what’s been done recently.
3. The land area is below both the neighbourhood and city average. Is that a concern?
It depends on your needs. The 3,583 sqft lot is typical for the street itself but smaller than many Winnipeg properties. If you want a large garden, room for additions, or a detached garage, you may find it tight. For someone who values indoor space and a central location over outdoor space, it’s likely fine. Keep in mind that development potential (like subdividing) is limited by the lot size.
4. Is this property in a desirable area for resale?
West Broadway is an established central neighbourhood with a mix of older homes and some new infill. Resale appeal here tends to hinge on proximity to downtown, character, and the size of the living area. Given that this home has above-average square footage for the area, it may hold value well for buyers who want that. However, the neighbourhood isn’t currently among Winnipeg’s highest-appreciation areas, so don’t expect rapid equity growth. It’s more of a steady, location-driven hold.
5. How does the living area rank compare to the land area rank? That seems lopsided.
It is. The home is in the top 2% city-wide for living space, but the lot is in the bottom 20% for size city-wide. That means this is a house with a big footprint relative to its land—likely a narrow, deep design typical of older urban homes. The takeaway is that while you get generous interior room, there’s not much buffer between neighbours or space for expansion. It’s a trade-off that makes sense for people who prioritize indoor square footage.
