260 Balmoral Street

West Broadway, Winnipeg

Property score

48.9

Below average

Overall 48.9 · Smaller than most nearby homes

1,477 sqft (bottom 15%) · 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 · 2-min walk to transit with 7 nearby routes · Within 500m: 27 dining spots, 4 schools, 15 healthcare facilitys, and 8 shops nearby

Living Area

Below average

27% 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

48.9 is composed by the two sections below.

Property Score

54.9Fair
Living Area75
1,477 sqftGood
Year Built10
1902Low
Lot Size28
2,996 sqftLow
Neighbourhood Sales Activity74
Good

Community Score

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

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

around average
1,477 sqft
0255075100
Same streetBottom 14%Same areaBottom 15%CitywideTop 32%
Same street · Balmoral Street
#68 / 79
Bottom 14% · Avg 2,079 sqft
Same area · West Broadway
#296 / 348
Bottom 15% · Avg 2,017 sqft
Citywide · Winnipeg
#62,057 / 194,458
Top 32% · Avg 1,342 sqft

Tax-Assessed Value

below average
175k
0255075100
Same streetBottom 27%Same areaBottom 7%CitywideBottom 5%
Same street · Balmoral Street
#58 / 79
Bottom 27% · Avg 263.6k
Same area · West Broadway
#324 / 348
Bottom 7% · Avg 295.4k
Citywide · Winnipeg
#184,187 / 194,458
Bottom 5% · Avg 390.1k

Year Built

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

Lot Size

around average
2,996 sqft
0255075100
Same streetBottom 30%Same areaBottom 18%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

260 Balmoral Street — 75 amenities found within 500 m, across 9 categories, including 27 dining (nearest 159 m), 4 education (nearest 294 m), 15 healthcare (nearest 173 m).

Search radius
🍽️Dining27
🏫Education4
🏥Healthcare15
🛒Shopping8
🌳Parks6
💪Sports3
🏦Finance3
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%

Sales History

Sold 11/2022CA$150k–200k
Sold price

Same street

Bottom 13%

Same area

Bottom 7%

City-wide

Bottom 6%

Related homes

Highlights & common questions: 260 Balmoral Street, Winnipeg

260 Balmoral Street – Property Summary

Key Characteristics & Buyer Profile

This is a 1,477 sqft home built in 1902 on a 2,996 sqft lot in Winnipeg’s West Broadway neighbourhood. Its assessed value is $175,000.

What stands out here is not size or value, but timing. The house is older than almost everything else in the city (top 1% citywide by year built), but it sits on a street and in a neighbourhood where older homes are the norm—so it blends in locally while being historically early by broader standards. The living area is below average for its street and neighbourhood, but actually around average for the city as a whole. That means this property is smaller than most nearby houses, but not unusually small for Winnipeg. The assessed value is low across all comparisons, reflecting both the modest size and the area’s market.

The appeal lies in affordability and character. For a buyer who wants an older home with original bones in a central neighbourhood, this offers a price point well below city averages. It would suit someone comfortable with a smaller footprint and an older property—likely a first-time buyer, someone looking to renovate, or an investor prioritizing location over square footage. It is not the right fit for anyone seeking a large lot, modern construction, or move-in-ready finishes without work.


Frequently Asked Questions

1. How does the living area compare to typical homes in West Broadway?
It’s below average. The neighbourhood average for comparable homes is about 2,017 sqft, so this property is roughly 27% smaller. Citywide, however, it sits right around the median.

2. Why is the assessed value so low relative to the city?
The combination of a smaller living area, a modest lot size (2,996 sqft versus the citywide average of 6,570 sqft), and the age of the building all contribute. The home ranks in the bottom 5% citywide by assessed value, which largely reflects its compact size and older condition rather than any specific defect.

3. Is the age of the house a concern?
The house was built in 1902, which puts it in the oldest 1% of properties across Winnipeg. That said, it’s around average for its own street (where most homes date to the early 1900s). Older homes can have issues with foundations, wiring, and insulation, but they also often feature solid materials and craftsmanship not found in newer builds. A thorough inspection is strongly recommended.

4. How much land does the property include, and is that typical?
The lot is 2,996 sqft. That’s smaller than the street and neighbourhood averages (roughly 3,900 sqft) and well below the city average of about 6,570 sqft. For the West Broadway area, this lot size is not unusual, but it limits options for expansion or major landscaping.

5. Who typically buys a property like this?
Buyers here are often people who value central location and older character over space and modern finishes. First-time buyers priced out of larger or newer homes, small-scale investors looking for a lower entry point in a central neighbourhood, or renovators comfortable taking on an older property are the most common profiles. It rarely appeals to families needing large interiors or yards.