288 Traverse Avenue

Norwood East, Winnipeg

Property score

62.0

Fair

Overall 62.0 · Larger but older than most nearby homes

1,635 sqft (top 10%) · Built in 1910 (25 yrs older than avg)

Located in a above-average income area with median household income of ~65.5k

Transit 88.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 6 dining spots, 3 schools, 3 healthcare facilitys, and 3 shops nearby

Living Area

Above average

41% larger 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)

Sold Count

481

Median price

327k

$/sqft

$312/sqft

Avg build year

1935

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Property score

62.0 is composed by the two sections below.

Property Score

57.8Fair
Living Area83
1,635 sqftExcellent
Year Built10
1910Low
Lot Size18
2,142 sqftLow
Neighbourhood Sales Activity65
Good

Community Score

68.2Good
Household Income68
Good
Education Level72
Good
Housing Stress52
Fair
Core Housing Need63
Fair
Employment Health83
Excellent

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: #46110544

Community deep dive

$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

Population, labour & age

Population (2021)473
Labour force participation rate74%
Median age37.2
Avg household size1.9
Unemployment rate7%
Population density3941 / km²

Households & income

Low income (LIM-AT, % pop.)14%
Single-person households48%
Couple families with children14%
Median household income (2020)$66K

Housing

Renter households50%
Condominium dwellings20%
Median dwelling value (owners)$300K

Diversity, education & language

Immigrants (share of pop.)24%
Visible minority24%
Bachelor's or higher (25–64)37%
Mother tongue (1st)English · 65%
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

above average
1,635 sqft
0255075100
Same streetTop 12%Same areaTop 10%CitywideTop 24%
Same street · Traverse Avenue
#4 / 33
Top 12% · Avg 1,107 sqft
Same area · Norwood East
#124 / 1,288
Top 10% · Avg 1,162 sqft
Citywide · Winnipeg
#45,937 / 194,458
Top 24% · Avg 1,342 sqft

Tax-Assessed Value

above average
340k
0255075100
Same streetTop 21%Same areaTop 31%CitywideBottom 43%
Same street · Traverse Avenue
#7 / 33
Top 21% · Avg 303.6k
Same area · Norwood East
#404 / 1,288
Top 31% · Avg 329.4k
Citywide · Winnipeg
#111,544 / 194,458
Bottom 43% · Avg 390.1k

Year Built

below average
1910
0255075100
Same streetBottom 18%Same areaBottom 15%CitywideBottom 6%

Lot Size

below average
2,142 sqft
0255075100
Same streetBottom 6%Same areaBottom 1%CitywideBottom 1%

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

288 Traverse Avenue — 25 amenities found within 500 m, across 9 categories, including 6 dining (nearest 68 m), 3 education (nearest 385 m), 3 healthcare (nearest 269 m).

Search radius
🍽️Dining6
🏫Education3
🏥Healthcare3
🛒Shopping3
🌳Parks2
🏦Finance2
Fuel Stations1
Worship3
🏛️Government2

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 4/2023CA$250k–300k
Sold price

Same street

Top 42%

Same area

Bottom 34%

City-wide

Bottom 26%
Sold 4/2016CA$250k–300k
Sold price

Same street

Top 25%

Same area

Bottom 47%

City-wide

Bottom 36%

Related homes

Highlights & common questions: 288 Traverse Avenue, Winnipeg

Property Overview: 288 Traverse Avenue, Norwood East, Winnipeg

Key Characteristics & Appeal

This home presents a distinct profile defined by its generous interior space within a compact, historic footprint. Built in 1910, it offers 1,635 sqft of living area, which ranks in the top 10-12% for its immediate neighborhood and street. This suggests a well-utilized layout that feels more spacious than many area homes. With an assessed value of $340,000, it sits at a moderate point for Norwood East, offering a balance between size and price.

The appeal lies in this efficient use of space. It’s a character home that provides ample room without an overly large, high-maintenance lot, as the land area is notably smaller than area averages. This suits buyers seeking the charm and established neighborhood feel of Norwood East, but who prioritize interior square footage over extensive outdoor space. It would be a strong match for small families, couples, or downsizers looking for a manageable property with room to live, potentially offering a lower yard maintenance commitment than typical for the area. A thoughtful perspective is that its above-average living area on a below-average lot size creates a specific value proposition: you are investing more in the home itself than in the land it sits on.

Frequently Asked Questions

1. What does the sold price history indicate?
The property sold in April 2023 and previously in April 2016, both times within the $250,000–$300,000 range. This indicates a history of transactions below the current assessed value, which is common but worth noting. Exact sold prices can be requested from the site.

2. How does the age of the home (1910) affect it?
As one of the older homes on the street and in the city, it likely has classic character but also means potential considerations for maintenance, updates, and systems (like plumbing or electrical) that may have been modernized over time. A thorough inspection is advisable.

3. The lot size is listed as much smaller than average. What does this mean practically?
The 2,142 sqft lot is significantly smaller than most in Norwood East. This means a compact backyard, limited space for expansions like large additions or pools, and potentially closer proximity to neighboring houses. It also typically translates to less outdoor upkeep.

4. Is the assessed value a reliable indicator of market price?
The assessed value ($340k) is for municipal tax purposes and is often different from market value. It provides a benchmark, showing the home is priced moderately for the area. Market value is determined by current conditions, recent comparable sales, and the home's specific state.

5. Where can I see more context about the neighborhood?
The listing suggests using the site’s neighbourhood analysis page to view this property on a map alongside nearby homes, comparing details like year built, size, and value directly with its neighbors.