206 Braemar Avenue

Norwood East, Winnipeg

Property score

56.4

Fair

Overall 56.4 · Compared with neighbourhood average

1,040 sqft (bottom 41%) · Built in 1914 (21 yrs older than avg)

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

Transit 80.0 · 4-min walk to transit with 3 nearby routes · Within 500m: 7 dining spots, 2 schools, 1 healthcare facility, and 1 shop nearby

Living Area

Near average

11% smaller than neighborhood avg.

Year Built

Below average

21 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

56.4 is composed by the two sections below.

Property Score

43.4Low
Living Area1,040 sqft52Fair
Year Built191416Low
Lot Size3,087 sqft38Low
Neighbourhood Sales Activity65Good

Community Score

75.9Good
Household Income76Good
Education Level82Excellent
Housing Stress63Fair
Core Housing Need76Good
Employment Health76Good

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

around average
1,040 sqft
0255075100
Same streetBottom 20%Same areaBottom 41%CitywideBottom 32%
Same street · Braemar Avenue
#81 / 101
Bottom 20% · Avg 1,231 sqft
Same area · Norwood East
#754 / 1,288
Bottom 41% · Avg 1,162 sqft
Citywide · Winnipeg
#132,478 / 194,458
Bottom 32% · Avg 1,342 sqft

Tax-Assessed Value

around average
291k
0255075100
Same streetBottom 8%Same areaBottom 36%CitywideBottom 27%
Same street · Braemar Avenue
#93 / 101
Bottom 8% · Avg 346.3k
Same area · Norwood East
#820 / 1,288
Bottom 36% · Avg 329.4k
Citywide · Winnipeg
#142,319 / 194,458
Bottom 27% · Avg 390.1k

Year Built

around average
1914
0255075100
Same streetBottom 12%Same areaBottom 33%CitywideBottom 11%

Lot Size

below average
3,087 sqft
0255075100
Same streetBottom 1%Same areaBottom 13%CitywideBottom 14%

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

206 Braemar Avenue — 18 amenities found within 500 m, across 8 categories, including 7 dining (nearest 438 m), 2 education (nearest 158 m), 1 healthcare (nearest 375 m).

Search radius
🍽️Dining7
🏫Education2
🏥Healthcare1
🛒Shopping1
🌳Parks1
🏦Finance1
Fuel Stations1
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 6/2021CA$300k–350k
Sold price

Same street

Bottom 37%

Same area

Top 40%

City-wide

Bottom 44%

Related homes

Highlights & common questions: 206 Braemar Avenue, Winnipeg

Property Overview

This home at 206 Braemar Avenue in Norwood East presents a specific and practical value proposition. Built in 1914, it's a century-old property with 1,040 sqft of living space on a 3,087 sqft lot. Its assessed value of $291,000 sits below the average for its immediate street and the wider city, indicating a potentially more accessible entry point into the market. The home's appeal lies in its position as a smaller, character home in an established neighbourhood, likely requiring a buyer comfortable with the realities and charm of an older structure. It would suit a first-time buyer, an investor, or someone looking to downsize who prioritizes location over size and is prepared for the maintenance or updates a 112-year-old home may need. A thoughtful perspective is that its smaller lot and footprint could mean lower maintenance costs and less outdoor upkeep, which some buyers may see as a benefit rather than a drawback.

Frequently Asked Questions

1. How does the assessed value relate to the likely selling price?
The assessed value of $291,000 is for municipal tax purposes and serves as a benchmark. The last known sale was between $300k-$350k in mid-2021. The final market price will be determined by current condition, updates since the last sale, and market demand.

2. What should I consider with a home built in 1914?
While offering character, a home of this age requires careful attention to foundational integrity, plumbing, electrical systems (which may have been updated over time), and insulation. A thorough, specialized inspection is highly recommended to understand the home's true condition and any needed repairs.

3. The lot size is noted as being below average. What does this mean practically?
At 3,087 sqft, the yard is compact compared to many city lots. This limits expansive gardening or large additions but also means less yard work and potentially lower landscaping costs. It's a trade-off that suits those seeking lower maintenance outdoor space.

4. How does this property compare to others in Norwood East?
The data shows this home's living area is around the neighbourhood average, but its lot size and assessed value are below the area average. This suggests it's a more modestly sized property on a smaller lot within the community, which can be reflected in its valuation.

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

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