52.6
Fair
Property score
52.6
Fair
Overall 52.6
Older than most nearby homes
1,070 sqft (bottom 44%)
Built in 1910 (25 yrs older than avg)
Located in a above-average income area
with median household income of ~65.5k
Transit 86.0
2-min walk to transit with 4 nearby routes
Within 500m: 7 dining spots, 2 schools, 4 healthcare facilitys, and 3 shops nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Near average
8% smaller than neighborhood avg.
Year Built
Below average
25 yrs older than neighborhood avg.
Mother tongue
English · 65%French · 15%
Past 10 years Norwood East sales snapshot (~80% of all data)
481
327k
$312/sqft
1935
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
52.6 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: #46110544
$66K
Median household income
$73K
Average household income
14%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.1
P90 / P10 ratio
48%
Single-person households
14%
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
205 Horace Street — 26 amenities found within 500 m, across 9 categories, including 7 dining (nearest 46 m), 2 education (nearest 359 m), 4 healthcare (nearest 121 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 25% | Bottom 25% | Bottom 20% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 205 Horace Street, Norwood East, Winnipeg
Key Characteristics & Appeal
This home is a practical entry into Winnipeg’s established Norwood East neighborhood. Built in 1910, it offers a modest 1,070 sqft of living space and sits on a smaller 3,061 sqft lot, both metrics consistently below area averages. Its primary appeal lies in its assessed value of $270k, which is notably below averages for the street, neighborhood, and city. This creates a value proposition for buyers seeking lower property taxes and an affordable foothold in a central area.
The home suits first-time buyers or investors looking for a manageable, no-frills property with renovation potential. Its below-average price point against comparable homes could free up budget for updates. A thoughtful perspective is that its smaller lot and home size translate to less maintenance, which may appeal to downsizers or those seeking a simpler, more efficient lifestyle without leaving a desirable inner-city community.
Frequently Asked Questions
1. Is the below-average assessed value a concern?
Not necessarily. It primarily reflects the home’s smaller size and older age compared to local averages. It often results in lower property taxes, which is a financial advantage for the owner.
2. How does the smaller lot size impact living here?
The lot is significantly smaller than others on the street. This means less outdoor maintenance and yard work, but also limited space for expansions, large gardens, or extensive private outdoor living areas.
3. What should I consider with a 1910-built home?
While the home’s age is typical for the street, it is older than most in the wider city. Prospective buyers should prioritize a thorough inspection to understand the condition of foundational elements, plumbing, electrical systems, and the need for any historical maintenance or updates.
4. The last recorded sale was between $200k-$250k in 2020. How is that useful?
This provides a benchmark for past market value. Considering the current assessed value and market changes since 2020, it helps inform your offer strategy, though for exact historical prices, you must request a manual lookup from the site.
5. Are the rankings and comparisons reliable for decision-making?
They provide a strong, data-driven context showing how this property measures against its immediate peers and the wider market. They are excellent for identifying this home’s value positioning and key trade-offs, like space for price, but should be combined with a physical viewing and inspection.
Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.
