Property score
48.4
Below average
Overall 48.4 · Smaller than most nearby homes
724 sqft (bottom 14%) · Built in 1921 (14 yrs older than avg)
Located in a high-income area with median household income of ~91k
Transit 88.0 · 1-min walk to transit with 3 nearby routes · Within 500m: 4 dining spots, 3 schools, 4 healthcare facilitys, and 2 shops nearby
Living Area
Below average
38% smaller than neighborhood avg.
Year Built
Below average
14 yrs older than neighborhood avg.
Mother tongue
English · 67%French · 16%
Past 10 years Norwood East sales snapshot (~80% of all data)
481
327k
$312/sqft
1935
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48.4 is composed by the two sections below.
Property Score
Community Score
Norwood East
How to read: Share of sales in each ~$50k price band for “norwood 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: #46110542
$91K
Median household income
$104K
Average household income
5%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.8
P90 / P10 ratio
30%
Single-person households
21%
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
120 Traverse Avenue — 19 amenities found within 500 m, across 6 categories, including 4 dining (nearest 96 m), 3 education (nearest 280 m), 4 healthcare (nearest 91 m).
Norwood East · WPS public data · 2026
Annual incidents
11
2026
vs. city avg
-63%
relative to avg
Year-over-year
▼ -97%
vs. prior year
Primary type
Property
73%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 17% | Bottom 7% | Bottom 10% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 120 Traverse Avenue, Winnipeg
Section 1: Overview & Appeal
This home at 120 Traverse Avenue in Norwood East is a classic, compact property built in 1921. Its key characteristic is its modest scale, with a living area of 724 sqft that is notably smaller than most homes in the area and across Winnipeg. This is reflected in its assessed value of $251k, which sits below the local and city averages, presenting a more accessible price point for the neighborhood.
The appeal lies in its efficiency and potential. It suits first-time homebuyers, downsizers, or investors seeking an entry into a well-established neighborhood without the premium for larger square footage. The lot size, while below the neighborhood average, is fairly typical for the immediate street. A thoughtful perspective is that a smaller, well-maintained home can offer lower utility costs, less maintenance, and a cozier footprint, which is increasingly valued. Its sale history suggests it may be a candidate for gentle modernization, appealing to those looking to add value through thoughtful updates rather than a full-scale renovation.
Section 2: Frequently Asked Questions
1. Is the smaller living space a significant drawback?
It depends on your needs. The home is significantly smaller than area averages, which means efficient use of space is essential. For a single person, couple, or someone downsizing, it can be perfectly adequate. For a growing family, it may feel cramped.
2. Why is the assessed value below average?
The assessed value is closely tied to the home's smaller size (both the building and the lot) compared to peers. It's a reflection of its physical scale rather than necessarily its condition, placing it in a more affordable tier for Norwood East.
3. How does the age of the home (105 years) factor in?
The year built is actually around average for this specific street and neighborhood, meaning you're buying into a historic character area. This typically suggests potential for original charm but also warrants a thorough inspection for aging components like plumbing, electrical, and the foundation.
4. What can the 2019 sale price tell me?
The previous sale in the $150k-$200k range (exact price available upon request) indicates the property has likely appreciated. Comparing that to the current $251k assessment can help gauge market trends, but an exact current market value requires a professional appraisal.
5. Are the lot size and rankings a concern?
The lot is slightly smaller than others in Norwood East but is quite standard for Traverse Avenue itself. This typically means smaller outdoor maintenance but may limit expansion possibilities. The rankings show you're getting a typically-sized property for the immediate block.
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