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)
141
275k
$142/sqft
1910
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Property score
56.0 is composed by the two sections below.
Property Score
Community Score
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.
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.
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
Households & income
Housing
Diversity, education & language
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rankings
Tax-Assessed Value
above averageYear Built
below averageLot Size
around averageRank 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.
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).
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
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 48% | Top 38% | Bottom 37% |
271 Balmoral Street · Sold transaction data notes
Data Source
Data Coverage
Data Precision
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Related homes
Nearby interested homes
Address · Year Built · Living Area
Nearby properties
Address · Distance
Similar assessed value
Address · Tax-Assessed Value
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.
Map & Street View
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