69.0
Good
Property score
69.0
Good
Overall 69.0
Larger than most nearby homes
2,703 sqft (top 15%)
Built in 1907 (10 yrs older than avg)
Located in a average-income area
with median household income of ~50.8k
Transit 88.0
2-min walk to transit with 3 nearby routes
Within 500m: 33 dining spots, 1 school, 2 healthcare facilitys, and 3 shops nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Above average
31% larger than neighborhood avg.
Year Built
Near average
10 yrs older than neighborhood avg.
Mother tongue
English · 73%French · 4%
Past 10 years Mcmillan sales snapshot (~80% of all data)
114
442.5k
$226/sqft
1917
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69.0 is composed by the two sections below.
Property Score
Community Score
Mcmillan
How to read: Share of sales in each ~$50k price band for “mcmillan” (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: #46110403
$51K
Median household income
$78K
Average household income
22%
Low income (LIM-AT)
0.3
Income inequality (Gini)
4.0
P90 / P10 ratio
68%
Single-person households
3%
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
118 Norquay Street — 55 amenities found within 500 m, across 9 categories, including 33 dining (nearest 122 m), 1 education (nearest 319 m), 2 healthcare (nearest 232 m).
Mcmillan · WPS public data · 2026
Annual incidents
26
2026
vs. city avg
-12%
relative to avg
Year-over-year
▼ -95%
vs. prior year
Primary type
Property
65%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 40% | Bottom 47% | Top 40% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview & Key Characteristics
118 Norquay Street is a classic two-and-a-half storey home built in 1907, situated in Winnipeg's McMillan neighbourhood. Its primary appeal lies in its generous proportions and established location. With over 2,700 square feet of living space on a 2,500+ sqft lot, it offers substantial room—ranking in the top 5% of Winnipeg for size. The home sits on a street where it is among the larger properties (top 8%), suggesting a streetscape of solid, character homes.
The property suits a specific buyer: someone looking for a project with great bones in a mature, central neighbourhood. Its assessed value is notably modest compared to its physical scale and the values of some nearby properties, which may indicate an opportunity for value-adding renovation. This is not a move-in-ready home—the basement is noted as unrenovated and there is no garage—but rather a canvas. It would appeal to an investor, a renovator with vision, or a buyer prioritizing square footage and location over modern finishes, who is prepared to invest sweat equity or capital into updates.
Frequently Asked Questions
1. What does "basement, not renovated" typically imply?
This usually indicates the basement is in original or utilitarian condition, likely with an older foundation, basic finishes, and mechanical systems. It should be inspected for moisture, insulation, and updating needs, but also represents potential for future living space or storage.
2. The assessed value seems low for such a large house. Why?
Municipal assessments are for taxation purposes and often lag behind market values, especially for properties that haven't been recently sold or renovated. A low assessment relative to size can sometimes signal that the home needs significant updating, which is reflected in the tax valuation but may represent a market opportunity.
3. What is the McMillan neighbourhood like?
McMillan is a central, established area near the Osborne Village and River Heights districts. The listing shows a mix of historic homes (like this 1907 property) and newer infill, suggesting a desirable, evolving streetscape with strong character.
4. There's no garage. Is adding one feasible?
The lot size is generous, which may provide space for a rear lane or detached garage, subject to local zoning bylaws and setback requirements. This is a key consideration for a buyer requiring vehicle storage.
5. How significant is the age of the home (1907)?
It means character and solid construction, but also requires diligent inspection. Key focuses should be the foundation, original wiring and plumbing, insulation, and the roof. Modernizing these systems is often the priority before cosmetic updates.
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