188 Braemar Avenue

Norwood East, Winnipeg

Property score

70.8

Good

Overall 70.8 · Larger but older than most nearby homes

1,614 sqft (top 11%) · Built in 1911 (24 yrs older than avg)

Located in a above-average income area with median household income of ~79k

Transit 86.0 · 3-min walk to transit with 4 nearby routes · Within 500m: 5 dining spots, 2 schools, 2 healthcare facilitys, and 1 park nearby

Living Area

Above average

39% larger than neighborhood avg.

Year Built

Below average

24 yrs older than neighborhood avg.

Mother tongue

English · 70%French · 14%

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

70.8 is composed by the two sections below.

Property Score

67.4Good
Living Area83
1,614 sqftExcellent
Year Built16
1911Low
Lot Size74
5,994 sqftGood
Neighbourhood Sales Activity65
Good

Community Score

75.9Good
Household Income76
Good
Education Level82
Excellent
Housing Stress63
Fair
Core Housing Need76
Good
Employment Health76
Good

Neighbourhood Sales

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.

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: #46110541

Community deep dive

$79K

Median household income

$85K

Average household income

16%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.7

P90 / P10 ratio

36%

Single-person households

21%

Families with children

Population, labour & age

Population (2021)556
Labour force participation rate68%
Median age39.2
Avg household size2.2
Unemployment rate4%
Population density4633 / km²

Households & income

Low income (LIM-AT, % pop.)16%
Single-person households36%
Couple families with children21%
Median household income (2020)$79K

Housing

Renter households35%
Condominium dwellings3%
Median dwelling value (owners)$332K

Diversity, education & language

Immigrants (share of pop.)13%
Visible minority14%
Bachelor's or higher (25–64)40%
Mother tongue (1st)English · 69%
Mother tongue (2nd)French · 14%

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

Rankings

Living Area

above average
1,614 sqft
0255075100
Same streetTop 10%Same areaTop 11%CitywideTop 25%
Same street · Braemar Avenue
#10 / 101
Top 10% · Avg 1,231 sqft
Same area · Norwood East
#138 / 1,288
Top 11% · Avg 1,162 sqft
Citywide · Winnipeg
#48,063 / 194,458
Top 25% · Avg 1,342 sqft

Tax-Assessed Value

above average
392k
0255075100
Same streetTop 13%Same areaTop 14%CitywideTop 40%
Same street · Braemar Avenue
#13 / 101
Top 13% · Avg 346.3k
Same area · Norwood East
#181 / 1,288
Top 14% · Avg 329.4k
Citywide · Winnipeg
#78,603 / 194,458
Top 40% · Avg 390.1k

Year Built

below average
1911
0255075100
Same streetBottom 1%Same areaBottom 18%CitywideBottom 7%

Lot Size

above average
5,994 sqft
0255075100
Same streetTop 6%Same areaTop 16%CitywideTop 33%

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

188 Braemar Avenue — 14 amenities found within 500 m, across 5 categories, including 5 dining (nearest 446 m), 2 education (nearest 97 m), 2 healthcare (nearest 445 m).

Search radius
🍽️Dining5
🏫Education2
🏥Healthcare2
🌳Parks1
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%

Sales History

Sold 8/2020CA$400k–450k
Sold price

Same street

Top 9%

Same area

Top 8%

City-wide

Top 25%

Related homes

Highlights & common questions: 188 Braemar Avenue, Winnipeg

Property Overview: 188 Braemar Avenue, Norwood East, Winnipeg

Key Characteristics & Appeal

This home presents a distinct profile centered on space, location, and potential. Its primary appeal lies in offering significantly more living area (1,614 sq ft) and a larger lot (5,994 sq ft) than most homes on its street and in the established Norwood East area. This creates a rare combination for the neighbourhood: ample indoor and outdoor space. With an assessed value of $392k, it sits above the local average but aligns with the broader city benchmark, suggesting its valuation is rooted in these tangible assets rather than neighbourhood premium alone.

A key, less obvious characteristic is its 1911 construction. While this places it among the oldest homes in the area, it also indicates a property with heritage character and likely solid, mature construction. This appeals to buyers who value charm and are prepared for the stewardship an older home requires. The property suits two main types: growing families seeking space in a central community without moving to the suburbs, or value-conscious buyers looking for a "blank canvas" home with good bones and the land to potentially expand or renovate over time. Its last sale was between $400k-$450k in August 2020.

Frequently Asked Questions

1. Is the older age of the home (1911) a major concern?
It's a primary consideration. While it offers character and mature landscaping, it necessitates a thorough inspection for foundational integrity, wiring, plumbing, and insulation. Budgeting for ongoing maintenance and potential updates is essential.

2. How does the assessed value compare to likely market value?
The assessed value ($392k) is for municipal tax purposes. The last sold price (2020) was between $400k-$450k. Current market value would depend on condition, updates since then, and market trends, so a professional appraisal or comparative market analysis is recommended.

3. What is the real advantage of the larger lot size?
Beyond a bigger yard, it offers valuable flexibility. It provides more privacy, room for gardens or recreation, and potential for future additions like a garage, workshop, or expanded living space, subject to local zoning.

4. The home ranks highly for space locally but closer to average city-wide. What does that mean?
It confirms you are getting a relatively spacious home for its central, established neighbourhood. Compared to newer suburban developments, lot and living space may be more typical. The value is in getting that space within a mature community.

5. How can I verify the exact historical sale prices?
The site provides sold price ranges. For fully verified and exact sale figures, you must request a manual lookup via email, as this data is not sourced from the MLS system.