Property score
55.7
Fair
Overall 55.7 · Older than most nearby homes
1,080 sqft (bottom 45%) · Built in 1904 (31 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 shop nearby
Living Area
Near average
7% smaller than neighborhood avg.
Year Built
Below average
31 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
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
55.7 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
227 Des Meurons Street — 18 amenities found within 500 m, across 8 categories, including 7 dining (nearest 295 m), 2 education (nearest 242 m), 1 healthcare (nearest 279 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%
227 Des Meurons Street: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
This is a small, older home in a well-established Winnipeg neighbourhood. The living area sits at roughly 1,080 square feet—below average for the street, the Norwood East area, and the city as a whole. The assessed value of $244,000 is also notably below local medians, reflecting the home’s age and size. Built in 1904, it falls within the oldest tier of properties in the area (bottom 1% citywide for year built). The land parcel is compact at 3,001 square feet, ranking in the bottom 11% citywide.
The main appeal here is affordability and location. This is likely an entry-level property for buyers who want to be in a central, established neighbourhood without paying a premium for square footage or modern construction. It would suit someone looking for a smaller home they can update over time, or an investor after a low-cost entry point in a mature area. It is less suited for buyers seeking turnkey condition, large living spaces, or a sizable yard.
1. How does the size of this property compare to others in the area?
It is smaller than most. The 1,080 sqft living area is below the street average (1,196 sqft) and the neighbourhood average (1,162 sqft). The land is also compact relative to nearby lots.
2. Why is the assessed value low for this location?
The $244,000 assessment reflects the property’s smaller living area, older age, and modest lot size. Comparable homes nearby have higher median values—around $318,000 on the same street—so the price point is notably lower.
3. Is there anything notable about the year built?
Built in 1904, this is one of the older homes in the area—ranking in the bottom 2% on its street and bottom 1% citywide. Buyers should expect potential maintenance or updates related to aging infrastructure (foundation, wiring, plumbing).
4. Could this be a good investment property?
Possibly, given the below-average purchase price in a central location. However, the small lot and older construction may limit upside for major renovations or additions. It may work best as a rental with modest cash flow.
5. Are there any nearby comparisons available?
Yes—a neighbourhood map analysis is offered to compare this property against nearby homes for year built, living area, assessed value, and lot size. It can be accessed via the “Open neighbourhood map analysis” link on the property page.
