271 Balmoral Street

West Broadway, Winnipeg

Property score

56.0

Fair

Overall 56.0 · Older than most nearby homes

1,916 sqft (bottom 43%) · Built in 1900 (10 yrs older than avg)

Located in a below-average income area with median household income of ~41.2k

Transit 100.0 · 2-min walk to transit with 7 nearby routes · Within 500m: 33 dining spots, 5 schools, 14 healthcare facilitys, and 7 shops nearby

Living Area

Near average

5% smaller than neighborhood avg.

Year Built

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

Need help understanding this property?

Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.

Usually replies in a few minutes

Property score

56.0 is composed by the two sections below.

Property Score

66.8Good
Living Area1,916 sqft92Excellent
Year Built19005Low
Lot Size3,882 sqft46Low
Neighbourhood Sales Activity74Good

Community Score

39.8Low
Household Income40Low
Education Level44Low
Housing Stress30Low
Core Housing Need38Low
Employment Health42Low

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

above average
1,916 sqft
0255075100
Same streetBottom 43%Same areaBottom 43%CitywideTop 13%
Same street · Balmoral Street
#45 / 79
Bottom 43% · Avg 2,079 sqft
Same area · West Broadway
#197 / 348
Bottom 43% · Avg 2,017 sqft
Citywide · Winnipeg
#25,289 / 194,458
Top 13% · Avg 1,342 sqft

Tax-Assessed Value

above average
356k
0255075100
Same streetTop 16%Same areaTop 20%CitywideBottom 48%
Same street · Balmoral Street
#13 / 79
Top 16% · Avg 263.6k
Same area · West Broadway
#69 / 348
Top 20% · Avg 295.4k
Citywide · Winnipeg
#100,496 / 194,458
Bottom 48% · Avg 390.1k

Year Built

below average
1900
0255075100
Same streetBottom 22%Same areaBottom 9%CitywideBottom 1%

Lot Size

around average
3,882 sqft
0255075100
Same streetTop 32%Same areaTop 44%CitywideBottom 24%

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

271 Balmoral Street — 79 amenities found within 500 m, across 9 categories, including 33 dining (nearest 130 m), 5 education (nearest 263 m), 14 healthcare (nearest 130 m).

Search radius
🍽️Dining33
🏫Education5
🏥Healthcare14
🛒Shopping7
🌳Parks5
💪Sports4
🏦Finance3
Worship7
🏛️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 6/2021CA$250k–300k
Sold price

Same street

Top 48%

Same area

Top 38%

City-wide

Bottom 37%

Related homes

Highlights & common questions: 271 Balmoral Street, Winnipeg

271 Balmoral Street – Property Summary

Key Characteristics and Buyer Suitability

This 1,916 sqft home, built in 1900, sits on a 3,882 sqft lot in Winnipeg’s West Broadway neighbourhood. The numbers tell an interesting story: it offers more living space than roughly 87% of homes citywide (city average is 1,342 sqft), but it’s only average for its own street and neighbourhood. The assessed value of $356,000 stands well above the Balmoral Street average of $263,600 and the West Broadway average of $295,400—ranking in the top 16% and 20% respectively. However, that value sits near the middle citywide, where the comparable average is $390,100.

The land area is close to the neighbourhood norm but significantly smaller than the citywide average of 6,570 sqft, which reflects the denser, older character of this part of Winnipeg. The home’s age is a defining trait: built in 1900, it’s older than most homes on its street (average 1906) and far older than the citywide average of 1966.

The appeal here is for buyers who want generous indoor square footage relative to cost, in a central neighbourhood with older character homes, and who are comfortable with a property that may need maintenance or updates typical of a 124-year-old building. It would particularly suit someone looking for more space than a typical starter home but without the price tag of newer suburban construction. That said, the smaller lot and older construction mean it may not suit buyers seeking a large yard or a move-in-ready modern property without further investment. The value proposition is strongest for those who prioritize interior space and location over land size and a newer build.


Frequently Asked Questions

1. How does the assessed value compare to similar homes nearby?

The assessed value of $356,000 is well above the Balmoral Street average of $263,600 and the West Broadway average of $295,400, placing it in the top 16% and 20% respectively. However, it sits around the middle citywide, where comparable homes average $390,100. This suggests the property is priced high for its immediate area but is more competitively valued relative to the broader Winnipeg market.

2. Is a 1900-built home a red flag for condition?

Not necessarily, but it does require a different mindset. Homes from this era often have solid framing and older materials that can last well if maintained. The key is to look beyond age alone—focus on the condition of the roof, foundation, electrical, plumbing, and windows. Many older homes in West Broadway have been updated in stages, so a thorough inspection is worth the investment. The ranking shows this home is older than 78% of homes on its street and 99% citywide, so it’s genuinely an old building, not just old for its area.

3. Why is the land area below the city average but average for the neighbourhood?

This is typical of older central neighbourhoods. Citywide averages include newer suburban lots that are often much larger (6,570 sqft on average). In West Broadway and along Balmoral Street, lots were subdivided more densely in the early 1900s, so 3,882 sqft is standard for the area. It means less yard space but also a more walkable, compact urban setting.

4. What type of buyer is this property not a good fit for?

It likely wouldn't suit someone looking for a large backyard, a recently built home with low maintenance, or a property with a low assessed value relative to street peers. First-time buyers on a tight budget might also find the older construction and potential upkeep costs challenging. It’s more appropriate for someone who values interior space and central location over a newer, turnkey property.

5. How does the living area ranking work, and why does it vary so much by scope?

The property ranks in the top 13% citywide for living area (meaning it’s larger than 87% of comparable homes in Winnipeg) but only top 57% on its own street and neighbourhood. This happens because Balmoral Street and West Broadway have many homes with above-average square footage, so the competition is stiffer locally. Citywide, the average home is much smaller (1,342 sqft), which makes this home stand out more. In short: it’s a spacious home for Winnipeg, but not unusually large for its immediate block.

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.