Property score
50.3
Fair
Overall 50.3 · Smaller than most nearby homes
1,578 sqft (bottom 21%) · 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: 26 dining spots, 4 schools, 15 healthcare facilitys, and 8 shops nearby
Living Area
Below average
22% 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)
141
275k
$142/sqft
1910
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50.3 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
254 Balmoral Street — 75 amenities found within 500 m, across 10 categories, including 26 dining (nearest 174 m), 4 education (nearest 314 m), 15 healthcare (nearest 190 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%
254 Balmoral Street: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
This is a 1,578 sqft home on a 2,995 sqft lot, built in 1902. Its assessed value is $163,000.
The property sits in an interesting position relative to its surroundings. On its own street and in the West Broadway neighbourhood, the living area and assessed value are below average. But when compared across all of Winnipeg, the living area actually ranks in the top 26% — meaning this home is smaller than many on its block but still larger than most citywide. The assessed value remains low by every measure, ranking in the bottom 4% citywide.
The year built (1902) is typical for the street and area but puts it among the oldest homes in the city. The lot is also on the smaller side for both the neighbourhood and Winnipeg as a whole.
This property would suit a buyer who is comfortable with an older home and values a smaller footprint — either for lower maintenance or as a starting point for renovation. It may appeal to someone looking for an entry point into a central neighbourhood, where the assessed value and likely purchase price are significantly below area averages. The home is not positioned as a showpiece or a top-tier asset in its immediate area, but it offers more interior space than most citywide homes. Buyers should be prepared for the realities of a 1902 structure, including potential updates needed.
1. Why is the assessed value so low compared to the neighbourhood and city?
The assessed value reflects the home’s size, condition, and location relative to comparable properties. At $163,000, it is well below the West Broadway average of $295,400 and the citywide average of $390,100. This suggests the property may need significant updates or has features (like lot size or layout) that keep its market value low. It is not necessarily a sign of a problem — but it does indicate the home is priced for a buyer willing to invest in improvements.
2. The living area is above average citywide but below average on the street. What does that mean practically?
It means the home is larger than most houses in Winnipeg (where the average is 1,342 sqft) but smaller than the typical home on Balmoral Street (average 2,079 sqft) and in West Broadway (average 2,017 sqft). If you are comparing within the immediate area, this is a compact home. But if you are coming from a smaller city or a different part of Winnipeg, it will feel spacious.
3. How much work does a 1902 home typically need?
Homes of this age often require attention to foundations, electrical systems, plumbing, and insulation — things that may not be visible at first glance. The ranking data shows it is among the oldest homes citywide (top 1% oldest), so original features may be present, but so may outdated systems. A thorough inspection is strongly recommended.
4. Is the small lot a dealbreaker?
It depends on your priorities. At 2,995 sqft, the lot is below average for the street (3,934 sqft), the neighbourhood (3,954 sqft), and the city (6,570 sqft). You will have less outdoor space for gardening, parking, or expansion. However, smaller lots often mean less yard work and lower upkeep. For someone who wants a central location without a big property to manage, it could be a practical choice.
5. What is the neighbourhood like?
West Broadway is a central Winnipeg area with a mix of older homes, rental properties, and some commercial corridors. It is close to amenities like shops, restaurants, and transit. The property rankings suggest it is not a high-demand area relative to the rest of the city — values and sizes are below average. But it offers proximity to downtown and the Exchange District, which appeals to buyers who want urban convenience over suburban space.
