Property score
45.5
Below average
Overall 45.5 · Smaller but newer than most nearby homes
870 sqft (bottom 19%) · Built in 1977 (17 yrs newer than avg)
Located in a average-income area with median household income of ~61.2k
Transit 64.0 · 6-min walk to transit with 2 nearby routes · Within 500m: 4 schools, 3 parks, and 3 place of worships nearby
Living Area
Below average
14% smaller than neighborhood avg.
Year Built
Above average
17 yrs newer than neighborhood avg.
Mother tongue
English · 66%Tagalog · 5%
Past 10 years Munroe East sales snapshot (~80% of all data)
780
313.8k
$339/sqft
1960
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45.5 is composed by the two sections below.
Property Score
Community Score
Munroe East
How to read: Share of sales in each ~$50k price band for “munroe east” (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: #46111145
$61K
Median household income
$69K
Average household income
25%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.2
P90 / P10 ratio
28%
Single-person households
25%
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
925 Norwich Avenue — 10 amenities found within 500 m, across 3 categories, including 4 education (nearest 143 m), 3 parks (nearest 337 m).
Munroe East · WPS public data · 2026
Annual incidents
33
2026
vs. city avg
+12%
relative to avg
Year-over-year
▼ -93%
vs. prior year
Primary type
Property
52%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 13% | Bottom 40% | Bottom 26% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 25% | Bottom 16% | Bottom 13% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 38% | Bottom 9% | Bottom 10% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 12% | Bottom 3% | Bottom 6% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 1% | Bottom 2% | Bottom 5% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
This 870 sqft bungalow at 925 Norwich Avenue in Winnipeg's Munroe East neighbourhood presents a specific, value-oriented opportunity. Built in 1977, it is newer than most homes on its street and in the immediate area. Its key distinction is a below-average assessed value of $192k, which is notably lower than averages for the street ($235.1k), neighbourhood ($293.5k), and city ($390.1k). The lot is compact at 1,905 sqft, smaller than typical local properties. Recent sale activity indicates the property has traded hands several times since 2017, with the last sale occurring in March 2025.
Key Characteristics & Appeal
The primary appeal of this home is its accessibility. With an assessed value significantly below area and city averages, it represents a lower barrier to entry into the Winnipeg housing market. Its relatively newer construction (for the area) could mean fewer immediate major repairs compared to older neighbouring homes. The compact lot requires less maintenance, which can be a benefit for those seeking a simpler, more manageable property.
This property would suit first-time buyers prioritizing affordability over space, or investors looking for a potential rental property with a lower initial investment. It may also appeal to downsizers seeking a modest, single-level home. A thoughtful perspective is that its frequent sales history could indicate it serves well as a "starter" home or a strategic holding, but a buyer should investigate the reasons for the turnover.
1. Why is the assessed value so much lower than the area average?
The assessed value is likely lower due to a combination of the home's smaller living area and the significantly smaller lot size compared to area norms. Value assessments consider these physical attributes.
2. What does it mean that the home is "newer" than others on the street?
Built in 1977, this home is approximately 7 years newer than the street average (1970) and 17 years newer than the Munroe East neighbourhood average (1960). This could suggest updates to building materials and systems, but a thorough inspection is still essential.
3. Is the small lot size a major disadvantage?
It depends on your priorities. A smaller lot means less outdoor maintenance and yard work, which is a plus for some. However, it also means less private outdoor space and limited potential for expansions or additions compared to properties with larger lots.
4. The home has sold several times recently. Should I be concerned?
A pattern of sales every few years warrants consideration. It could be due to many factors, including its role as a starter home, investment property turnover, or specific circumstances of past owners. Researching the sale history and asking the seller or your agent for context is advisable.
5. How reliable are the sold price ranges shown?
The site states sold prices are based on publicly available data, not the MLS, and are shown in $50k bands for non-members. For precise historical sale figures, you must request a manual lookup from the site via email, as they do not publish MLS records.
