59.6
Fair
Property score
59.6
Fair
Overall 59.6
Compared with neighbourhood average
961 sqft (bottom 39%)
Built in 1952
Located in a high-income area
with median household income of ~94k
Transit 80.0
4-min walk to transit with 3 nearby routes
Within 500m: 2 dining spots, 2 schools, 1 shop, and 1 park nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
14% smaller than neighborhood avg.
Year Built
Near average
0 yrs newer than neighborhood avg.
Mother tongue
English · 73%French · 4%
Past 10 years Norberry sales snapshot (~80% of all data)
173
450k
$330/sqft
1952
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59.6 is composed by the two sections below.
Property Score
Community Score
Norberry
How to read: Share of sales in each ~$50k price band for “norberry” (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: #46110607
$94K
Median household income
$106K
Average household income
10%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.5
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
49 Nichol Avenue — 8 amenities found within 500 m, across 5 categories, including 2 dining (nearest 342 m), 2 education (nearest 440 m), 1 shopping (nearest 341 m).
Norberry · WPS public data · 2026
Annual incidents
6
2026
vs. city avg
-80%
relative to avg
Year-over-year
▼ -93%
vs. prior year
Primary type
Property
83%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 46% | Top 21% | Top 40% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 1% | Bottom 16% | Bottom 21% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 49 Nichol Avenue, Winnipeg
Key Characteristics & Buyer Appeal
This home at 49 Nichol Avenue in Norberry presents a compelling mix of space, value, and potential. Its most standout feature is the generous 8,101 sqft lot, which ranks in the top 20% locally and city-wide, offering significant outdoor space rarely found in newer developments. The house itself, built in 1952, is newer than many on its street, suggesting potentially fewer immediate updates related to age compared to neighbors.
The appeal here is grounded in value and opportunity. With a living area of 961 sqft, the home is more compact than the street average, but this is reflected in its assessed value of $363k, which sits squarely in the middle range for the area. This creates an entry point into a mature neighborhood where the land itself is a major asset. Recent sale history indicates active market interest.
This property would suit a practical buyer who values a large yard for gardening, recreation, or future expansion over a large interior footprint. It’s ideal for a first-time homeowner comfortable with a home that may require personalization, or an investor looking for a property with a strong land-to-structure value ratio in a stable area.
Frequently Asked Questions
1. How does the home’s size compare to others?
The living space is 961 sqft, which is below the average for Nichol Avenue but close to the average for the wider Norberry area. The trade-off is a lot size that is substantially larger than most city lots.
2. Is the assessed value in line with the area?
Yes. The assessed value of $363,000 is very close to the street average and is actually slightly above the average for the Norberry neighborhood, while being below the city-wide average for comparable homes.
3. What does the sale history tell us?
The property sold twice in recent years (2022 and 2023). The increase in sale price between those transactions suggests the market recognizes the value in the location and lot. For exact sold prices, you can request the verified figures by email.
4. Is the house older than others nearby?
Interestingly, no. Built in 1952, it is newer than the average home on Nichol Avenue. For the broader area and city, its age is fairly typical for Winnipeg’s housing stock.
5. What are the less obvious points to consider?
The data suggests a property where the land is a premium feature. Buyers should consider their appetite for a mid-century home that may benefit from updates, balanced against the rarity of a lot of this size. Its "average" valuation metrics indicate it is priced consistently with the market, not as a fixer-upper discount, so value will be added through its use and enjoyment rather than speculative gain.
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