169 Horace Street

Norwood East, Winnipeg

Property score

58.4

Fair

Overall 58.4 · Compared with neighbourhood average

942 sqft (top 45%) · Built in 1987 (17 yrs newer than avg)

Located in a average-income area with median household income of ~53.2k

Transit 94.0 · 1-min walk to transit with 4 nearby routes · Within 500m: 10 dining spots, 1 school, 7 healthcare facilitys, and 4 shops nearby

Living Area

Near average

1% smaller than neighborhood avg.

Year Built

Near average

17 yrs newer than neighborhood avg.

Mother tongue

English · 64%French · 16%

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

Sold Count

76

Median price

225k

$/sqft

$231/sqft

Avg build year

1971

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Property score

58.4 is composed by the two sections below.

Property Score

54.0Fair
Living Area42
942 sqftLow
Year Built78
1987Good
Neighbourhood Sales Activity65
Good

Community Score

65.0Good
Household Income58
Fair
Education Level82
Excellent
Housing Stress63
Fair
Core Housing Need50
Fair
Employment Health83
Excellent

Neighbourhood Sales

Norwood East

How to read: Share of sales in each ~$50k price band for “norwood east” (Condos, 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: #46110554

Community deep dive

$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

Population, labour & age

Population (2021)674
Labour force participation rate75%
Median age34.4
Avg household size1.8
Unemployment rate8%
Population density3209 / km²

Households & income

Low income (LIM-AT, % pop.)19%
Single-person households55%
Couple families with children10%
Median household income (2020)$53K

Housing

Renter households64%
Condominium dwellings16%
Median dwelling value (owners)$250K

Diversity, education & language

Immigrants (share of pop.)18%
Visible minority25%
Bachelor's or higher (25–64)40%
Mother tongue (1st)English · 64%
Mother tongue (2nd)French · 16%

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

Rankings

Living Area

above average
942 sqft
0255075100
Same streetTop 24%Same areaTop 45%CitywideBottom 44%
Same street · Horace Street
#5 / 21
Top 24% · Avg 967 sqft
Same area · Norwood East
#49 / 110
Top 45% · Avg 954 sqft
Citywide · Winnipeg
#15,027 / 26,841
Bottom 44% · Avg 1,042 sqft

Tax-Assessed Value

around average
183k
0255075100
Same streetBottom 33%Same areaTop 45%CitywideBottom 31%
Same street · Horace Street
#14 / 21
Bottom 33% · Avg 230.4k
Same area · Norwood East
#50 / 110
Top 45% · Avg 222.7k
Citywide · Winnipeg
#18,397 / 26,841
Bottom 31% · Avg 256.1k

Year Built

above average
1987
0255075100
Same streetTop 24%Same areaTop 39%CitywideBottom 49%

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

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

169 Horace Street — 32 amenities found within 500 m, across 9 categories, including 10 dining (nearest 127 m), 1 education (nearest 328 m), 7 healthcare (nearest 50 m).

Search radius
🍽️Dining10
🏫Education1
🏥Healthcare7
🛒Shopping4
🌳Parks2
🏦Finance2
Fuel Stations2
Worship3
🏛️Government1

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%

Sales History

Sold 10/2023CA$150k–200k
Sold price

Same street

Bottom 43%

Same area

Top 37%

City-wide

Bottom 34%

Related homes

Highlights & common questions: 169 Horace Street, Winnipeg

Property Overview: 169 Horace Street, Norwood East, Winnipeg

Key Characteristics & Appeal

This 942 sqft home, built in 1987, presents a practical opportunity in Winnipeg's Norwood East neighbourhood. Its primary appeal lies in its efficient size and relative modernity compared to its immediate surroundings. The home ranks above average for both living area and year built on its own street, suggesting it is one of the more spacious and contemporary properties on Horace Street. With an assessed value of $183k, it sits at a more accessible entry point than many comparable homes in the city, which average over $256k. This creates a value proposition for a buyer seeking a home that requires less immediate updating than many older area properties, without the premium price tag of a new build.

The property would suit first-time homebuyers or downsizers looking for a manageable footprint in an established neighbourhood. Its metrics indicate it’s a solid, middle-of-the-road option that doesn’t stand out dramatically in the broader area but offers quiet advantages on its specific block. A thoughtful perspective is that this home might represent a "sweat equity lite" opportunity—it’s newer than many neighbours, so major system overhauls may be less imminent, allowing owners to focus on cosmetic updates.

Frequently Asked Questions

1. What was the exact sold price in October 2023?
The public data shows a sold price range of CA$150,000–$200,000. To obtain the exact sale figure, you must request a manual lookup via email from the site, as they do not display MLS records.

2. How does this home really compare to others on the street?
The data indicates it is newer (ranked 5th newest out of 21) and slightly larger than the street average. However, its assessed value is lower than the street average, which could suggest a different condition, style, or lot size than higher-valued neighbours.

3. Is the assessed value a reliable indicator of market value?
Assessed value is for municipal tax purposes and is a lagging indicator. The home’s assessed value is below area and city averages, but the final sale price is determined by the current market.

4. What does "around average" for the area mean?
For Norwood East, the home’s living area and assessed value are near the middle of the pack (ranking 49th and 50th out of 110 homes, respectively). It is neither exceptionally large nor small for the neighbourhood, and is priced similarly to many peers.

5. Why is there so much data comparing it to the street, area, and city?
This layered comparison shows context. A home can be above-average on its own block (as this one is for size and age) while being average in the wider neighbourhood, helping you understand its true local standing and broader market position.