Property score
51.6
Fair
Overall 51.6 · Smaller but newer than most nearby homes
728 sqft (bottom 15%) · Built in 1947 (12 yrs newer than avg)
Located in a high-income area with median household income of ~91k
Transit 74.0 · 3-min walk to transit with 2 nearby routes · Within 500m: 3 dining spots, 1 school, 4 healthcare facilitys, and 1 shop nearby
Living Area
Below average
37% smaller than neighborhood avg.
Year Built
Above average
12 yrs newer 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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51.6 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
127 Des Meurons Street — 11 amenities found within 500 m, across 6 categories, including 3 dining (nearest 301 m), 1 education (nearest 263 m), 4 healthcare (nearest 450 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 10% | Bottom 8% | Bottom 11% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 127 Des Meurons Street, Norwood East, Winnipeg
Key Characteristics & Appeal
This 728 sqft bungalow, built in 1947, presents a classic Winnipeg character home with a practical footprint. Its primary appeal lies in its value proposition and lot potential. The assessed value of $258k is notably below averages for the street, neighborhood, and city, suggesting a more accessible entry point into the established Norwood East area. The lot size of 4,797 sqft is solid for the locale, offering valuable outdoor space or future expansion potential rare in newer developments.
The home suits first-time buyers or downsizers seeking a manageable space in a mature neighborhood without a premium price tag. Its above-average age for the immediate street indicates it’s among the newer homes in a historic area, which can mean fewer immediate concerns with very old infrastructure. However, the below-average living area requires an efficient layout or a buyer comfortable with a cozy footprint. The appeal is grounded in practicality—securing a large lot in a central neighborhood at a value price, ideal for those with renovation vision or who prioritize land over square footage.
Frequently Asked Questions
1. Is the below-average living area a major drawback?
It depends on your needs. At 728 sqft, the home is significantly smaller than area averages, requiring efficient use of space. It may be ideal for one or two people but could feel cramped for a growing family without planned renovations or an addition.
2. Why is the assessed value lower than surrounding averages?
The assessed value is typically based on factors like size, age, condition, and recent sales. This home’s smaller square footage is the primary driver pulling its value below the street ($318k avg) and neighborhood ($329.4k avg) benchmarks. It reflects its current scale, not necessarily the land value.
3. How does the 1947 build year affect the property?
Being built in 1947 makes it newer than many neighbors (street avg: 1937). This can be an advantage, potentially meaning updates to original systems have already been made or that major components like wiring or plumbing might be from a later era. However, any home of this age will still require a thorough inspection.
4. What does the sold price history from 2016 indicate?
The property sold between $200k-$250k in March 2016. This historical data shows a significant appreciation in assessed value over eight years, consistent with broader market trends. It provides a long-term context but does not dictate current market value.
5. Can the large lot be sub-divided or developed?
The generous 4,797 sqft lot is a key asset. Whether it can be subdivided or accommodate a significant addition depends on Winnipeg’s zoning bylaws, which govern minimum lot sizes, setbacks, and floor-area ratios. A buyer should consult the city’s planning department to explore possibilities.
