Property score
50.5
Fair
Overall 50.5 · Smaller than most nearby homes
1,475 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: 29 dining spots, 5 schools, 14 healthcare facilitys, and 7 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)
141
275k
$142/sqft
1910
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50.5 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
261 Balmoral Street — 76 amenities found within 500 m, across 9 categories, including 29 dining (nearest 158 m), 5 education (nearest 292 m), 14 healthcare (nearest 160 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 3% | Bottom 4% | Bottom 4% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
This 1,475 sqft home on Balmoral Street was built in 1902 and sits on a 3,805 sqft lot. Its assessed value is $175,000.
The property’s main draw is affordability. The assessed value sits well below street, neighbourhood, and city averages—ranking in the bottom 5% citywide. For buyers focused on purchase price rather than square footage or finishings, this represents one of the more accessible entries into the West Broadway area.
The living area is modest relative to the street and neighbourhood, but it’s actually around the citywide average for comparable homes. The lot size is similarly average for the immediate area, though smaller than typical Winnipeg properties. The home’s age (1902) is consistent with the character of the neighbourhood but significantly older than the citywide average.
This property would suit buyers who:
A less obvious consideration: properties ranked this low in assessed value sometimes reflect deferred maintenance or functional obsolescence, but they can also simply be smaller, older homes in a neighbourhood where larger or renovated properties skew the averages upward. It’s worth investigating why the value is low relative to nearby homes.
1. How does this home’s size compare to others in Winnipeg?
It’s right around the citywide average for comparable homes. On its own street and in West Broadway, it’s smaller than most—the street average is 2,079 sqft, and the neighbourhood average is 2,017 sqft. But citywide, the average is 1,342 sqft, so this home is slightly above that.
2. Is the assessed value of $175,000 a reliable indicator of market price?
Assessed value is used for property tax calculation and is based on a specific valuation date. It can differ from current market value, especially in a changing market. However, a value this far below neighbourhood and city averages ($295,400 and $390,100 respectively) does suggest the property is priced considerably lower than typical homes in the area.
3. What should I know about a home built in 1902?
Older homes often have solid construction and desirable character details, but they may also have outdated electrical, plumbing, or insulation. The year-built ranking (Top 99% citywide for age) means this is among the oldest homes in Winnipeg—maintenance history becomes especially important. A thorough home inspection is strongly recommended.
4. How does the land size affect usability or future potential?
At 3,805 sqft, the lot is average for the street and neighbourhood but well below the citywide average of 6,570 sqft. That’s typical for an older, more central neighbourhood. It’s enough for a house with a small yard or garden, but not for major expansions or additional structures without careful planning and zoning checks.
5. What does “below average” mean in the context of this property’s rankings?
The rankings compare this home to “comparable homes” within the same scope (street, neighbourhood, city). “Below average” means it ranks lower than most—for example, on living area it ranks #69 out of 79 homes on Balmoral Street, so only 10 homes are smaller. These comparisons help you see where the property sits relative to its peers, not whether it’s a “good” or “bad” investment.
Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.
