250 Balmoral Street

West Broadway, ਵਿਨੀਪਿਗ

Property score

58.0

Fair

Overall 58.0 · Larger but older than most nearby homes

2,284 sqft (top 27%) · Built in 1900 (10 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: 25 dining spots, 4 schools, 15 healthcare facilitys, and 8 shops nearby

ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ

Above average

13% larger than neighborhood avg.

ਤਰੀਕ ਤੋਂ ਬਣਿਆ

Below average

10 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

58.0 is composed by the two sections below.

Property Score

70.2Good
ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ96
2,284 sqftExcellent
ਤਰੀਕ ਤੋਂ ਬਣਿਆ5
1900Low
ਜ਼ਮੀਨ53
4,491 sqftFair
Neighbourhood Sales Activity74
Good

Community Score

39.8Low
Household Income40
Low
Education Level44
Low
Housing Stress30
Low
Core Housing Need38
Low
Employment Health42
Low

ਕਮਿਊਨਿਟੀ ਵਿਕਰੀ ਅੰਕੜੇ

West Broadway

How to read: Share of sales in each ~$50k price band for “west broadway” (ਡੀਟੈਚਡ ਘਰ (ਕੋਂਡੋ ਨਹੀਂ), 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.

ਰੈਂਕਿੰਗ

ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ

ਇਲੀਟ
2,284 sqft
0255075100
Same streetਟਾਪ 34%Same areaਟਾਪ 27%Citywideਟਾਪ 5%
Same street · Balmoral Street
#27 / 79
ਟਾਪ 34% · ਔਸਤ 2,079 sqft
Same area · West Broadway
#93 / 348
ਟਾਪ 27% · ਔਸਤ 2,017 sqft
Citywide · ਵਿਨੀਪਿਗ
#10,152 / 194,458
ਟਾਪ 5% · ਔਸਤ 1,342 sqft

ਮੁਲਾਂਕਣ ਮੁੱਲ

ਔਸਤ
224k
0255075100
Same streetਹੇਠਲੇ 46%Same areaਹੇਠਲੇ 22%Citywideਹੇਠਲੇ 12%
Same street · Balmoral Street
#43 / 79
ਹੇਠਲੇ 46% · ਔਸਤ 263.6k
Same area · West Broadway
#273 / 348
ਹੇਠਲੇ 22% · ਔਸਤ 295.4k
Citywide · ਵਿਨੀਪਿਗ
#171,172 / 194,458
ਹੇਠਲੇ 12% · ਔਸਤ 390.1k

ਤਰੀਕ ਤੋਂ ਬਣਿਆ

ਔਸਤ ਤੋਂ ਹੇਠਾਂ
1900
0255075100
Same streetਹੇਠਲੇ 22%Same areaਹੇਠਲੇ 9%Citywideਹੇਠਲੇ 1%

ਜ਼ਮੀਨ

ਔਸਤ ਤੋਂ ਉੱਪਰ
4,491 sqft
0255075100
Same streetਟਾਪ 27%Same areaਟਾਪ 30%Citywideਹੇਠਲੇ 34%

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.

ਆਵਾਜਾਈ ਅਤੇ ਪੈਦਲ ਚੱਲਣਯੋਗਤਾ

ਨੇੜੇ ਦੇ ਸਟਾਪ, ਰੂਟ ਅਤੇ ਟ੍ਰਾਂਜ਼ਿਟ ਸਕੋਰ

Nearby Amenities

Dining, education, healthcare, shopping & more

250 Balmoral Street — 73 amenities found within 500 m, across 10 categories, including 25 dining (nearest 183 m), 4 education (nearest 323 m), 15 healthcare (nearest 198 m).

Search radius
🍽️Dining25
🏫Education4
🏥Healthcare15
🛒Shopping8
🌳Parks6
💪Sports2
🏦Finance3
Fuel Stations1
Worship8
🏛️Government1

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%

ਵਿਕਰੀ ਦਾ ਇਤਿਹਾਸ

12/2024 ਵਿਚ ਵਿਕਿਆCA$300k–350k
ਵਿਕਰੀ ਮੁੱਲ

ਉਹੀ ਸਟ੍ਰੀਟ

ਟਾਪ 32%

ਉਹੀ ਇਲਾਕਾ

ਟਾਪ 29%

ਪੂਰਾ ਸ਼ਹਿਰ

ਹੇਠਲੇ 43%

Related homes

ਵਿਨੀਪਿਗ 250 Balmoral Street — ਵਿਸ਼ੇਸ਼ਤਾ ਅਤੇ ਸੰਬੰਧਿਤ ਸਵਾਲ

250 Balmoral Street – Property Summary

Key Characteristics & Buyer Profile

This property stands out most for its living space. At 2,284 square feet, it ranks in the top 5% city-wide in Winnipeg, well above the全市 average of 1,342 sq ft. On its own street (Balmoral Street) it sits near the middle of the pack, but within the West Broadway社区 it's comfortably above average.

The land size (4,491 sq ft) is also a strong point locally—ranking in the top 30% for both the street and neighborhood—though it's more average by全市 standards. The assessed value ($224,000) is below the local and city averages, which may reflect the home's age or condition rather than its size. Speaking of age: the house was built in 1900, making it one of the older homes on the street (78th percentile) and certainly older than most homes across the city.

Where the appeal lies: You're getting a very large home on a generous lot in a central neighborhood, at a relatively modest assessed value. That combination is unusual. The home likely appeals to someone who values space and location over a finish-ready interior or modern amenities. It's not a turnkey property for a buyer seeking something new, but it offers significant square footage and land that may be hard to find at this price point elsewhere.

Best suited for: Buyers who are comfortable with an older home and willing to invest in updates or renovations. Also well-suited for someone who prioritizes interior space and a good-sized lot in an established central area, and who sees long-term potential rather than immediate perfection.


Frequently Asked Questions

1. How does the assessed value compare to similar homes in the area?
It's below both the street average ($264,000) and the neighborhood average ($295,000). For a home this large, that could mean the condition or finishes are behind what's typical nearby, or that the valuation hasn't kept pace with recent sales. It's worth investigating what drives the gap.

2. Is a home built in 1900 likely to have major issues?
Almost certainly it will have the kinds of things you'd expect from a 125-year-old house: older plumbing, electrical, possibly foundation work, and insulation issues. That said, many homes of this vintage in Winnipeg have been well-maintained or partially updated. A thorough inspection is essential, and you should budget for ongoing maintenance.

3. How does the lot size compare to newer homes in Winnipeg?
The lot is larger than average for both Balmoral Street and West Broadway, but it's actually slightly below the全市 average for single-family homes (6,570 sq ft). So it's a good-sized inner-city lot, not a sprawling suburban one. The value is in having more outdoor space than most neighboring properties.

4. What's the neighborhood like in terms of amenities and transit?
West Broadway is a central, walkable area close to downtown, the Exchange District, and the river. You'll find a mix of older homes, apartments, and local shops. Transit access is generally good, and the area has a vibrant but sometimes gritty urban character. It's not a quiet suburban street, so that's something to factor in.

5. Is the low assessed value a red flag or an opportunity?
It can be either. A low assessment relative to square footage often points to deferred maintenance or an outdated interior. But it also means lower property taxes. For a buyer willing to put in sweat equity or a carefully planned renovation, the starting point is affordable and the ceiling for added value is considerable.