Property score
44.7
Below average
Overall 44.7 · Smaller and older than most nearby homes
770 sqft (bottom 20%) · Built in 1912 (23 yrs older than avg)
Located in a above-average income area with median household income of ~76.5k
Transit 80.0 · 4-min walk to transit with 3 nearby routes · Within 500m: 1 dining spot, 2 schools, and 2 parks nearby
Living Area
Below average
34% smaller than neighborhood avg.
Year Built
Below average
23 yrs older than neighborhood avg.
Mother tongue
English · 73%French · 14%
Past 10 years Norwood East sales snapshot (~80% of all data)
481
327k
$312/sqft
1935
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44.7 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: #46110539
$77K
Median household income
$87K
Average household income
9%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.8
P90 / P10 ratio
38%
Single-person households
15%
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
156 Youville Street — 5 amenities found within 500 m, across 3 categories, including 1 dining (nearest 191 m), 2 education (nearest 424 m), 2 parks (nearest 205 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 9% | Bottom 6% | Bottom 9% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 156 Youville Street, Norwood East, Winnipeg
Section 1: Key Characteristics & Appeal
This 770 sqft home, built in 1912, presents a distinct value proposition in Winnipeg’s Norwood East neighborhood. Its key characteristic is its below-average assessed value of $249k, which is notably lower than averages for the street, area, and city. This positions it as one of the more accessible entry points into the market. The appeal lies in its potential as a starter home, a downsizing option, or a strategic investment property. The lot, while smaller than area norms at 3,294 sqft, offers manageable outdoor space with less maintenance.
The home would suit practical, budget-conscious buyers looking to build equity in a central location. It’s a candidate for those willing to live with a compact footprint or who see potential in a historic property. A less obvious perspective is that its lower value and smaller size could translate to proportionally lower property taxes and utility costs, offering long-term affordability beyond the purchase price. It may also attract buyers interested in a "land value" play, where the location holds more future potential than the current structure.
Section 2: Frequently Asked Questions
1. How does the living area compare to nearby homes?
At 770 sqft, the living space is below the average for Norwood East (1,162 sqft) and significantly smaller than most homes on Youville Street (avg. 1,231 sqft). This indicates a compact, efficient layout.
2. Is the assessed value a good indicator of the likely selling price?
The assessed value of $249k is a municipal valuation for tax purposes. Market price is determined by buyer demand. Notably, this assessment is well below area averages, which could attract competitive interest if priced accordingly.
3. What should I consider about a home built in 1912?
A 114-year-old home likely has historic charm but requires a diligent inspection for foundational integrity, wiring, plumbing, and insulation. Modernization and maintenance history will be key factors in its condition and value.
4. How does the previous sale price inform its current value?
Records show it last sold between $150k-$200k in 2016. While this shows appreciation, the exact figure is not publicly listed here. Major market shifts and any improvements made since then would significantly impact the current value.
5. The lot is smaller than others on the street. Is this a disadvantage?
The 3,294 sqft lot is smaller than the street average (5,405 sqft). This means less yard maintenance and potentially less privacy, but it also may contribute to the lower assessed value, making homeownership here more accessible.
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