Property score
55.5
Fair
Overall 55.5 · Older than most nearby homes
1,071 sqft (bottom 44%) · Built in 1911 (24 yrs older than avg)
Located in a above-average income area with median household income of ~79k
Transit 88.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 7 dining spots, 2 schools, 1 healthcare facility, and 1 park nearby
Living Area
Near average
8% smaller 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)
481
327k
$312/sqft
1935
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55.5 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: #46110541
$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
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
192 Hill Street — 14 amenities found within 500 m, across 5 categories, including 7 dining (nearest 438 m), 2 education (nearest 188 m), 1 healthcare (nearest 414 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 7% | Bottom 8% | Bottom 11% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 192 Hill Street, Norwood East, Winnipeg
Key Characteristics & Appeal
This home presents a distinct value proposition centered on its below-average assessed value. At $232,000, its assessment sits significantly lower than comparable homes on its street, in Norwood East, and across Winnipeg. This creates a potentially lower property tax burden and an accessible entry point into the market. The living area of 1,071 sq ft is modest but squarely average for the immediate area, offering functional space without excess.
The appeal lies in this financial efficiency. It suits pragmatic first-time buyers or investors seeking a cost-effective foothold in a central neighbourhood. The 1911 build date indicates a character home, which may attract those appreciating historic charm, though it necessitates a practical mindset regarding potential maintenance or renovation needs associated with a 115-year-old structure. A less obvious perspective is the lot size: at 2,881 sq ft, it is the smallest on Hill Street. This could be a drawback for those wanting expansive outdoor space, but it translates to less yard maintenance—a perk for buyers seeking a low-maintenance property.
Frequently Asked Questions
1. Why is the assessed value so much lower than nearby homes?
A significantly lower assessment can be due to a variety of factors, including the home's age, smaller lot size, interior condition, or specific market adjustments. It typically results in lower municipal property taxes, which is a key financial advantage.
2. What should I consider with a home built in 1911?
While offering classic character, a home of this age may have outdated electrical, plumbing, or insulation. A thorough, specialized inspection is crucial to understand the condition of major systems and the scope of any needed updates.
3. The lot is noted as the smallest on the street. Is that a major issue?
This depends on your lifestyle. It limits large landscaping or expansion projects but also minimizes yard upkeep. It’s ideal for those who prefer low-maintenance outdoor space or prioritize indoor living area.
4. How reliable is the sold price data shown?
The displayed sold price range (CA$200k–250k) is based on publicly available data, not the MLS. For fully verified and exact historical sale figures, you must request a manual lookup from the site via email.
5. The living area is "around average," but the assessed value is "below average." What does this mean?
It suggests that factors other than pure square footage—such as the home’s age, lot characteristics, interior finishes, or condition—are heavily influencing its official valuation, creating the value proposition mentioned above.
