Property score
62.2
Fair
Overall 62.2 · Older than most nearby homes
1,232 sqft (top 38%) · Built in 1913 (22 yrs older than avg)
Located in a above-average income area with median household income of ~79k
Transit 80.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 5 dining spots, 2 schools, 1 healthcare facility, and 1 shop nearby
Living Area
Near average
6% larger than neighborhood avg.
Year Built
Below average
22 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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62.2 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
197 Hill Street — 13 amenities found within 500 m, across 6 categories, including 5 dining (nearest 446 m), 2 education (nearest 152 m), 1 healthcare (nearest 401 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 30% | Top 35% | Bottom 47% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 197 Hill Street, Norwood East, Winnipeg
Key Characteristics & Appeal
This home at 197 Hill Street presents a classic Norwood East character property built in 1913. Its primary appeal lies in its efficient use of space; with 1,232 sqft of living area, it offers more interior room than many homes on its street and in the immediate area, making it feel spacious for its vintage. The assessed value of $313k sits comfortably around the average for the neighbourhood, suggesting a fairly priced entry point into a mature community.
The property would suit a practical buyer who values location and character over a large lot, as the land area is modest for the city. It’s ideal for a first-time homebuyer, a small household, or an investor looking for a solid, no-frills property in an established area. A thoughtful perspective is that its older vintage, while requiring due diligence, often comes with construction materials and craftsmanship less common in newer builds. The data indicates you are purchasing more house for your dollar here compared to the Winnipeg average, but on a smaller, more manageable parcel of land.
Frequently Asked Questions
1. Is the older year of build (1913) a concern?
While the home is well over a century old, its age is typical for the Norwood East neighbourhood. A thorough inspection is essential to understand the condition of major systems like wiring, plumbing, and the foundation, which may have been updated over time.
2. How does the lot size impact the property?
At 3,586 sqft, the lot is smaller than most in Winnipeg. This means lower maintenance, which can be a benefit, but also limits potential for large additions or extensive landscaping. It emphasizes the property as a home rather than a land play.
3. The sold price shows a range of $300k-$350k. Why isn't it exact?
The provided data is aggregated from public sources, not the MLS. To protect transaction privacy and comply with industry rules, exact sold prices are not published online. You can request the precise figure via email from the site.
4. How does this home compare to others nearby?
The home offers more living space than many on Hill Street. Compared to the nearby reference property at 146 Hill Street (built 1940, 1,174 sqft, $306k assessment), this home is slightly larger and older, with a very similar assessed value, highlighting its competitive positioning.
5. What does the assessed value tell me about the listing price?
The assessed value ($313k) is for municipal tax purposes and is not a direct indicator of market value. However, it provides a stable benchmark. The fact that it aligns with recent sold prices in the area suggests the home is likely priced within a reasonable market range.
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