Property score
68.5
Good
Overall 68.5 · Larger but older than most nearby homes
2,420 sqft (top 2%) · Built in 1907 (28 yrs older than avg)
Located in a average-income area with median household income of ~53.2k
Transit 94.0 · 2-min walk to transit with 4 nearby routes · Within 500m: 10 dining spots, 1 school, 6 healthcare facilitys, and 3 shops nearby
Living Area
Above average
108% larger than neighborhood avg.
Year Built
Below average
28 yrs older than neighborhood avg.
Mother tongue
English · 64%French · 16%
Past 10 years Norwood East sales snapshot (~80% of all data)
481
327k
$312/sqft
1935
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68.5 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: #46110554
$53K
Median household income
$64K
Average household income
19%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.3
P90 / P10 ratio
55%
Single-person households
10%
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
164 Horace Street — 30 amenities found within 500 m, across 9 categories, including 10 dining (nearest 166 m), 1 education (nearest 270 m), 6 healthcare (nearest 111 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 9% | Top 2% | Top 9% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 14% | Top 10% | Top 29% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 164 Horace Street, Norwood East, Winnipeg
Key Characteristics & Appeal
This is a substantial, century-old home built in 1907, offering significant space and a large lot in the established Norwood East neighbourhood. Its key characteristic is its impressive scale: at 2,420 sqft of living area, it ranks in the top 1-3% for size compared to nearby homes and across Winnipeg. The property sits on a 4,026 sqft lot, providing ample outdoor space. While it features a basement, it is noted as not being renovated, suggesting the home may require updates or present an opportunity for customization.
The appeal lies in its rarity as a large, character home on a generous lot, a combination that is increasingly hard to find in mature neighbourhoods. It suits a specific type of buyer: those looking for a project with good bones, whether it's a hands-on renovator aiming to restore a historic property to modern standards, or a buyer seeking a spacious family home where they can prioritize interior updates over time. The significant difference between its last sold price in 2022 ($57.5k) and its current assessed value ($54.4k) also indicates it may attract value-conscious buyers or investors interested in the area's long-term potential.
A less obvious perspective is that its age and size, while charming, come with considerations. Its construction year ranks very highly (top 3-4%), meaning it is notably older than most homes in the city, which can imply specific maintenance needs. However, this also means it possesses a historic character that newer builds cannot replicate.
Frequently Asked Questions
1. What does "basement, not renovated" typically imply?
This usually indicates the basement is in original or functional condition, but not modernized. It may be suited for storage and utilities but likely lacks finished living space, insulation, or updated moisture protection common in newer renovations.
2. The home sold for $57.5k in 2022 and is now assessed at $54.4k. What does this mean?
The assessed value is the city's valuation for property tax purposes, which can differ from market value. The recent sale price provides a more concrete market benchmark. The slight variance suggests a relatively stable value in the area, but a professional appraisal would be needed to determine current market value.
3. Who is responsible for verifying the condition of a 119-year-old home?
The buyer is responsible for conducting their own due diligence. For a home of this age, a thorough inspection by a qualified home inspector is essential to understand the condition of the foundation, wiring, plumbing, roof, and structure.
4. The lot is large, but are there any restrictions on its use?
Any plans for additions, new structures, or significant alterations would require checking with the City of Winnipeg’s zoning bylaws and planning department to understand permissible uses, heritage designations (if any), and setback requirements.
5. The home ranks very highly for size but low for year built. How should I weigh this?
This highlights the core trade-off of this property. You are acquiring above-average space and land, but in a well-aged structure. Your comfort and budget for potential updates, maintenance, and energy efficiency improvements will be key factors in deciding if this trade-off is right for you.
