Property score
52.0
Fair
Overall 52.0 · Smaller than most nearby homes
880 sqft (bottom 29%) · Built in 1921 (14 yrs older than avg)
Located in a high-income area with median household income of ~91k
Transit 88.0 · 2-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
24% 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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52.0 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
126 Traverse Avenue — 19 amenities found within 500 m, across 6 categories, including 4 dining (nearest 106 m), 3 education (nearest 261 m), 4 healthcare (nearest 121 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 50% | Bottom 29% | Bottom 23% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 126 Traverse Avenue, Norwood East, Winnipeg
Section 1: Key Characteristics & Appeal
This 880 sqft home, built in 1921, presents a practical and affordable entry point into Winnipeg’s established Norwood East neighborhood. Its key appeal lies in its relative value and manageable scale. With an assessed value of $260k, it sits below area and city averages, offering a lower financial barrier for homeownership on a decent 3,263 sqft lot.
The property’s characteristics suggest it would best suit first-time buyers, downsizers, or practical investors seeking a straightforward asset. Its smaller living area is actually typical for its specific street, meaning it fits the local streetscape without feeling unusually small for the block. This isn’t a luxury property, but a grounded one. A thoughtful perspective is that a home of this vintage and size in a mature neighborhood often has simpler mechanical systems and less superfluous space, which can mean lower utility costs and less maintenance for a savvy owner. Its last known sale was between $250k-$300k in mid-2020, indicating a historically accessible price point.
Section 2: Frequently Asked Questions
1. Is the living area too small?
At 880 sqft, it is below the neighborhood and city averages. However, it ranks around average for Traverse Avenue itself, indicating the street consists of similarly scaled homes. It’s a compact layout suited for individuals, couples, or those comfortable with efficient living.
2. How does the assessed value compare?
At $260k, the assessment is below the Norwood East average ($329k) and significantly below the Winnipeg average ($390k). This typically translates to lower property taxes, which is a key ongoing cost advantage.
3. What does the lot size offer?
The 3,263 sqft lot is smaller than many in the city but provides standard outdoor space for the immediate area. It offers room for a garden, patio, or shed without the burden of extensive landscaping.
4. What can you tell me about the last sale?
Records indicate a sale occurred in July 2020, with a public price range of $250,000 to $300,000. For verified, exact historical sale figures, a manual lookup via the site’s email request service is needed.
5. Are homes from 1921 a concern?
The year built (1921) is typical for the core of Winnipeg. While this suggests potential for older infrastructure, it also indicates a well-built, character home in a settled area. A proper inspection is always recommended to understand the condition of the roof, wiring, plumbing, and foundation.
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