123 Norlorne Drive

Betsworth, Winnipeg

Property score

79.5

Good

Overall 79.5 · Larger than most nearby homes

1,691 sqft (top 28%) · Built in 1979 (1 yr newer than avg)

Located in a high-income area with median household income of ~103k

Transit 68.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 2 schools, 3 parks, 2 sports facilitys, and 1 place of worship nearby

Living Area

Above average

16% larger than neighborhood avg.

Year Built

Near average

1 yrs newer than neighborhood avg.

Mother tongue

English · 80%French · 3%

Past 10 years Betsworth sales snapshot (~80% of all data)

Sold Count

460

Median price

480k

$/sqft

$347/sqft

Avg build year

1978

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Property score

79.5 is composed by the two sections below.

Property Score

76.1Good
Living Area1,691 sqft83Excellent
Year Built197967Good
Lot Size5,501 sqft74Good
Neighbourhood Sales Activity37Low

Community Score

84.5Excellent
Household Income86Excellent
Education Level82Excellent
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health68Good

Neighbourhood Sales

Betsworth

How to read: Share of sales in each ~$50k price band for “betsworth” (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: #46111081

Community deep dive

$103K

Median household income

$113K

Average household income

2%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.6

P90 / P10 ratio

15%

Single-person households

32%

Families with children

Population, labour & age

Population (2021)502
Labour force participation rate60%
Median age48.0
Avg household size2.5
Unemployment rate3%
Population density2091 / km²

Households & income

Low income (LIM-AT, % pop.)2%
Single-person households15%
Couple families with children32%
Median household income (2020)$103K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$348K

Diversity, education & language

Immigrants (share of pop.)28%
Visible minority17%
Bachelor's or higher (25–64)47%
Mother tongue (1st)English · 80%
Mother tongue (2nd)French · 3%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

above average
1,691 sqft
0255075100
Same streetTop 14%Same areaTop 28%CitywideTop 21%
Same street · Norlorne Drive
#8 / 56
Top 14% · Avg 1,336 sqft
Same area · Betsworth
#422 / 1,485
Top 28% · Avg 1,455 sqft
Citywide · Winnipeg
#41,469 / 194,458
Top 21% · Avg 1,342 sqft

Tax-Assessed Value

above average
446k
0255075100
Same streetTop 25%Same areaTop 43%CitywideTop 29%
Same street · Norlorne Drive
#14 / 56
Top 25% · Avg 417.8k
Same area · Betsworth
#641 / 1,485
Top 43% · Avg 458k
Citywide · Winnipeg
#56,541 / 194,458
Top 29% · Avg 390.1k

Year Built

around average
1979
0255075100
Same streetTop 39%Same areaTop 36%CitywideTop 34%

Lot Size

around average
5,501 sqft
0255075100
Same streetBottom 25%Same areaBottom 7%CitywideTop 43%

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

123 Norlorne Drive — 8 amenities found within 500 m, across 4 categories, including 2 education (nearest 370 m), 3 parks (nearest 147 m).

Search radius
🏫Education2
🌳Parks3
💪Sports2
Worship1

Crime & Safety

Betsworth · WPS public data · 2026

Annual incidents

1

2026

vs. city avg

-97%

relative to avg

Year-over-year

-97%

vs. prior year

Primary type

Property

100%

Sales History

Sold 7/2024CA$500k–550k
Sold price

Same street

Top 10%

Same area

Top 25%

City-wide

Top 15%
Sold 8/2021CA$400k–450k
Sold price

Same street

Top 25%

Same area

Top 41%

City-wide

Top 26%
Sold 8/2020CA$350k–400k
Sold price

Same street

Bottom 35%

Same area

Bottom 32%

City-wide

Top 42%

Related homes

Highlights & common questions: 123 Norlorne Drive, Winnipeg

Property Overview: 123 Norlorne Drive

This 4-level split home in Betsworth presents a compelling opportunity in Winnipeg's market. Built in 1979, it sits on a generous 5,501 sqft lot and offers 1,691 sqft of living space, including a finished basement. The home features an attached garage and no pool. Recent data shows strong value appreciation, with a sale price of $506,000 in July 2024, significantly above its current assessed value of $446,000.

Key Characteristics & Appeal

The primary appeal of this property lies in its above-average space and demonstrated investment growth. It ranks in the top tier of its immediate street and the wider city for both living area and recent sale price, indicating it is a larger, high-value home for its locale. The finished basement adds functional living space. Its appeal is grounded in solidity and space rather than newness, as it is an older home but ranks well against peers in its neighborhood for age.

It would suit practical buyers looking for more square footage than is typical, who are comfortable with a 1970s-era build. The strong recent sale history suggests it attracts buyers confident in the area's ongoing appreciation. It's less suited for those seeking a modern, turn-key property or specific amenities like a pool.

Five Potential FAQs

  1. What does the ranking data actually mean?
    The rankings show how this property compares to others in its area. For example, ranking in the "top 14%" for living area on its street means it's larger than 86% of its direct neighbors, a sign of a relatively spacious home for the block.

  2. Why is the recent sale price so much higher than the assessed value?
    The assessed value is for municipal tax purposes and often lags behind the current market. The July 2024 sale price is a clear, recent indicator of what buyers are currently willing to pay, suggesting strong market demand for this home.

  3. Are there any concerns with a home built in 1979?
    As with any home nearly 50 years old, a thorough inspection is essential. The positive ranking for its age within the community (newer than 65% of area homes) suggests the neighborhood itself is established, but systems, roof, and windows may need evaluation or updating.

  4. What is a 4-level split layout like?
    This style creates multiple, distinct living zones across four half-levels, offering good separation between spaces (like separating bedrooms from living areas). It can be efficient on a larger lot but involves more stairs than a bungalow or two-story.

  5. The value has risen significantly since 2020. Is there still room for growth?
    While past performance is strong, future growth depends on broader market conditions. The home's high rankings for key metrics like size and value on its street suggest it remains a competitive property in its micro-market, which is a positive factor.

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