Property score
58.4
Fair
Overall 58.4 · Smaller but newer than most nearby homes
812 sqft (bottom 24%) · Built in 2017 (82 yrs newer than avg)
Located in a above-average income area with median household income of ~77.5k
Transit 76.0 · 5-min walk to transit with 4 nearby routes · Within 500m: 1 dining spot, 1 school, and 4 parks nearby
Living Area
Below average
30% smaller than neighborhood avg.
Year Built
Above average
82 yrs newer than neighborhood avg.
Mother tongue
English · 67%French · 15%
Past 10 years Norwood East sales snapshot (~80% of all data)
481
327k
$312/sqft
1935
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58.4 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: #46110540
$78K
Median household income
$86K
Average household income
6%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.8
P90 / P10 ratio
38%
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
123 Youville Street — 6 amenities found within 500 m, across 3 categories, including 1 dining (nearest 98 m), 1 education (nearest 460 m), 4 parks (nearest 301 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 | Top 46% | Top 36% | Bottom 46% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 123 Youville Street, Winnipeg
Key Characteristics & Appeal
This 2017-built home in Norwood East presents a distinct value proposition centered on modern construction in an established neighborhood. At 812 sq ft, the living space is notably compact, ranking below average for the street, area, and city. This efficiency, however, is paired with a relatively high assessed value of $368k, which sits above average for both the immediate street and the broader Norwood East area. This suggests the value is driven significantly by the home's newness—it is newer than 97% of homes in the area—rather than its size.
The primary appeal lies in acquiring a near-new, low-maintenance property without the premium typically associated with a brand-new build. It suits buyers prioritizing modern systems, energy efficiency, and contemporary finishes over square footage. The smaller lot (3,461 sq ft) further underscores a lock-and-leave or minimalist lifestyle. It’s an ideal fit for a first-time buyer, a downsizer, or an investor seeking a modern property that will likely appeal to renters wanting a turnkey experience. A less obvious perspective is that this home represents a strategic entry into a mature neighborhood where most properties are decades older, offering the charm of the area with the practical benefits of a recent build.
Frequently Asked Questions
1. Why is the assessed value relatively high despite the smaller size?
The assessed value reflects the property's age more than its square footage. As a 2017 build, it is among the newest homes in Norwood East, featuring modern construction standards, materials, and systems that command a higher valuation compared to the neighborhood's predominantly mid-20th century housing stock.
2. What does the sold price history indicate?
The home sold between $300k-$350k in July 2021. The current assessed value of $368k is above that range, indicating market appreciation and the city's assessment of its current worth relative to comparable properties.
3. Who would this property not be suitable for?
It would likely not suit buyers needing multiple bedrooms, dedicated home office space, or those who prioritize large yards and extensive indoor living areas. The floor plan and lot size are designed for efficient, simpler living.
4. How does the lot size impact potential use?
The lot is below average in size for the area. This limits potential for large additions, extensive landscaping, or detached structures like a sizable garage or workshop. It does, however, mean less yard maintenance.
5. How can I verify the exact historical sold prices?
The displayed sold price is an estimated range from public data. For fully verified and exact transaction figures, you must request a manual lookup from the site via email, as they do not have access to or display MLS sales records.
