Property score
86.1
Excellent
Overall 86.1 · Newer than most nearby homes
2,191 sqft (top 34%) · Built in 2010 (10 yrs newer than avg)
Located in a high-income area with median household income of ~93k
Transit 72.0 · 9-min walk to transit with 5 nearby routes · Within 500m: 3 parks nearby
Living Area
Near average
6% larger than neighborhood avg.
Year Built
Above average
10 yrs newer than neighborhood avg.
Mother tongue
English · 70%French · 9%
Past 10 years Normand Park sales snapshot (~80% of all data)
138
599.9k
$343/sqft
2000
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86.1 is composed by the two sections below.
Property Score
Community Score
Normand Park
How to read: Share of sales in each ~$50k price band for “normand park” (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: #46110939
$93K
Median household income
$138K
Average household income
4%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.8
P90 / P10 ratio
29%
Single-person households
24%
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
162 Marine Drive — 3 amenities found within 500 m, across 1 categories, including 3 parks (nearest 126 m).
Normand Park · WPS public data · 2025
Annual incidents
24
2025
vs. city avg
-19%
relative to avg
Year-over-year
▲ +41%
vs. prior year
Primary type
Property
88%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 42% | Top 15% | Top 2% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
162 Marine Drive is a well-established, modern home in Winnipeg's Normand Park neighbourhood. Built in 2010, it offers 2,191 sqft of living space on a 6,247 sqft lot, with a municipal assessed value of $725,000. The home presents a compelling mix of city-wide appeal and neighbourhood-specific context.
This property’s primary strength is its position as a spacious, modern home within the broader Winnipeg market. With living space ranking in the top 7% city-wide and an assessed value in the elite top 3%, it offers substantial room and perceived value compared to the average Winnipeg home. Its 2010 build date places it well above the city's average, suggesting newer construction standards and potentially lower immediate maintenance costs.
The appeal here is nuanced. While the home is exceptional on a city scale, it sits as a more modest, competitively priced option within its own desirable street and neighbourhood. On Marine Drive, its lot size and assessed value are below and around average, respectively, indicating it may be one of the more accessible entry points to this specific block. This creates an opportunity for buyers seeking the prestige and location of Normand Park and Marine Drive without the premium price tag of the largest estates on the street. It would particularly suit move-up buyers from smaller city homes who desire modern space and a prime neighbourhood, or value-conscious buyers who prioritize the neighbourhood community over having the biggest property on the block.
1. How does this home’s value compare to others in the area?
The home’s $725k assessment is above average for Normand Park but around average for Marine Drive itself. This suggests you are paying for a solid home in a prime location, not necessarily for the largest or highest-valued property on the street.
2. Is the lot size a disadvantage?
At 6,247 sqft, the lot is slightly below the average for Marine Drive but is very typical for Normand Park and above the city average. It provides ample backyard space for most families while possibly requiring less maintenance than larger lots on the street.
3. What does the sold history indicate?
The home sold in 2017 for between $750,000 and $800,000. Its current assessed value of $725k is reasonably aligned with that past sale, suggesting stable value in the area.
4. Who might this property not suit?
Buyers seeking the absolute largest lot or most premium home on Marine Drive may find better options. It’s best for those who value the location and a modern, spacious home over having the top-tier property in the immediate vicinity.
5. How modern is a 2010 build?
Built 16 years ago, the home is well above the city’s average age (1966) and is relatively modern for Winnipeg. Major components like the roof, HVAC, and windows are likely still in good condition but are entering a period where eventual replacement should be factored into long-term planning.
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