161 Traverse Avenue

Norwood East, Winnipeg

Property score

60.3

Fair

Overall 60.3 · Compared with neighbourhood average

1,102 sqft (bottom 47%) · Built in 1923 (12 yrs older than avg)

Located in a high-income area with median household income of ~91k

Transit 92.0 · 3-min walk to transit with 5 nearby routes · Within 500m: 4 dining spots, 3 schools, 1 healthcare facility, and 1 shop nearby

Living Area

Near average

5% smaller than neighborhood avg.

Taon ng Paggawa

Near average

12 yrs older than neighborhood avg.

Mother tongue

English · 67%French · 16%

Past 10 years Norwood East sales snapshot (~80% of all data)

Sold Count

481

Median price

327k

$/sqft

$312/sqft

Avg build year

1935

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Property score

60.3 is composed by the two sections below.

Property Score

46.0Low
Living Area60
1,102 sqftFair
Taon ng Paggawa20
1923Low
Lupa18
2,374 sqftLow
Neighbourhood Sales Activity65
Good

Community Score

81.8Excellent
Household Income81
Excellent
Education Level72
Good
Housing Stress93
Excellent
Core Housing Need100
Excellent
Employment Health76
Good

Istatistika ng benta ng komunidad

Norwood East

How to read: Share of sales in each ~$50k price band for “norwood east” (Detached na bahay (hindi condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110542

Community deep dive

$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

Population, labour & age

Population (2021)459
Labour force participation rate71%
Median age37.6
Avg household size2.2
Unemployment rate7%
Population density2700 / km²

Households & income

Low income (LIM-AT, % pop.)5%
Single-person households30%
Couple families with children21%
Median household income (2020)$91K

Housing

Renter households15%
Condominium dwellings0%
Median dwelling value (owners)$314K

Diversity, education & language

Immigrants (share of pop.)9%
Visible minority13%
Bachelor's or higher (25–64)35%
Mother tongue (1st)English · 67%
Mother tongue (2nd)French · 16%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Mga ranggo

Living Area

karaniwan
1,102 sqft
0255075100
Same streetTop 39%Same areaBottom 47%CitywideBottom 40%
Same street · Traverse Avenue
#13 / 33
Top 39% · Avg 1,107 sqft
Same area · Norwood East
#678 / 1,288
Bottom 47% · Avg 1,162 sqft
Citywide · Winnipeg
#116,864 / 194,458
Bottom 40% · Avg 1,342 sqft

Assessed Value

lampas sa average
335k
0255075100
Same streetTop 27%Same areaTop 34%CitywideBottom 41%
Same street · Traverse Avenue
#9 / 33
Top 27% · Avg 303.6k
Same area · Norwood East
#442 / 1,288
Top 34% · Avg 329.4k
Citywide · Winnipeg
#115,138 / 194,458
Bottom 41% · Avg 390.1k

Taon ng Paggawa

karaniwan
1923
0255075100
Same streetTop 45%Same areaBottom 40%CitywideBottom 14%

Lupa

mas mababa sa average
2,374 sqft
0255075100
Same streetBottom 9%Same areaBottom 1%CitywideBottom 3%

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.

Transit & Walkability

Mga malapit na hinto, ruta at transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

161 Traverse Avenue — 15 amenities found within 500 m, across 6 categories, including 4 dining (nearest 146 m), 3 education (nearest 258 m), 1 healthcare (nearest 249 m).

Search radius
🍽️Dining4
🏫Education3
🏥Healthcare1
🛒Shopping1
🌳Parks2
Worship4

Crime & Safety

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%

Kasaysayan ng Benta

Naibenta 5/2023CA$300k–350k
Presyo ng benta

Parehong kalye

Top 8%

Parehong lugar

Top 45%

Buong lungsod

Bottom 40%

Related homes

Mga tampok at karaniwang tanong: 161 Traverse Avenue, Winnipeg

Property Overview: 161 Traverse Avenue, Norwood East, Winnipeg

Key Characteristics & Appeal

This 1923-built home in Norwood East presents a practical, mid-century character home opportunity. At 1,102 sqft, its living space is consistently "around average" for its street, neighborhood, and the wider city, offering a comfortable footprint without excessive upkeep. Its standout metric is the assessed value of $335k, which ranks above average for Traverse Avenue, suggesting it is viewed favorably within its immediate context compared to peers. The home last sold in May 2023 within the $300k-$350k range.

The appeal here is one of efficient value and location. It suits a first-time homebuyer, downsizer, or pragmatic investor seeking an established neighborhood without a premium price tag. A less obvious perspective is the lot size: at 2,374 sqft, the land area is notably smaller than most comparable plots on the street and in Winnipeg. This translates to lower exterior maintenance—a potential benefit for those prioritizing a simpler yard—but limits expansion possibilities. The property offers a grounded entry into a mature community where the home itself holds its value well on the block, even on a compact lot.


Frequently Asked Questions

1. How does this home’s value compare to others nearby?
The home’s assessed value ($335k) ranks in the top 27% on its own street, indicating it is valued higher than most direct neighbors. It aligns more closely with the Norwood East average and is below the Winnipeg citywide average for comparable homes.

2. Is the lot size a concern?
The land area is significantly smaller than typical lots on the street and in the city. This means less yard maintenance and gardening, but also less private outdoor space and limited potential for large additions or pools. It’s a trade-off between convenience and space.

3. What can the 2023 sale price tell me?
The home sold for between $300,000 and $350,000 in May 2023. This recent transaction provides a solid benchmark for its market value at that time, showing it transacted close to its current assessed value.

4. How old is this home, and what does that imply?
Built in 1923, it is older than the average Winnipeg home. Buyers should anticipate the potential for updates and maintenance consistent with a century-old structure, while also appreciating the classic character and established streetscape that come with a home of this era.

5. Where can I get verified sale price history?
The displayed sale data is from public sources. For fully verified figures and a complete transaction history, you must request a manual lookup from the site via email, as MLS records are not published here.