43 Braemar Avenue

Norwood East, Winnipeg

Property score

48.8

Below average

Overall 48.8 · Smaller but newer than most nearby homes

759 sqft (bottom 18%) · Built in 1945 (10 yrs newer than avg)

Located in a above-average income area with median household income of ~85k

Transit 82.0 · 1-min walk to transit with 2 nearby routes · Within 500m: 5 dining spots, 1 school, 4 healthcare facilitys, and 2 shops nearby

Living Area

Below average

35% smaller than neighborhood avg.

Year Built

Above average

10 yrs newer than neighborhood avg.

Mother tongue

English · 69%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

48.8 is composed by the two sections below.

Property Score

32.5Low
Living Area759 sqft22Low
Year Built194530Low
Lot Size5,037 sqft67Good
Neighbourhood Sales Activity65Good

Community Score

73.2Good
Household Income79Good
Education Level63Fair
Housing Stress52Fair
Core Housing Need76Good
Employment Health83Excellent

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: #46110561

Community deep dive

$85K

Median household income

$98K

Average household income

10%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.4

P90 / P10 ratio

38%

Single-person households

20%

Families with children

Population, labour & age

Population (2021)467
Labour force participation rate74%
Median age38.8
Avg household size2.1
Unemployment rate7%
Population density3335 / km²

Households & income

Low income (LIM-AT, % pop.)10%
Single-person households38%
Couple families with children20%
Median household income (2020)$85K

Housing

Renter households25%
Condominium dwellings0%
Median dwelling value (owners)$300K

Diversity, education & language

Immigrants (share of pop.)15%
Visible minority12%
Bachelor's or higher (25–64)33%
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

below average
759 sqft
0255075100
Same streetBottom 2%Same areaBottom 18%CitywideBottom 7%
Same street · Braemar Avenue
#99 / 101
Bottom 2% · Avg 1,231 sqft
Same area · Norwood East
#1,053 / 1,288
Bottom 18% · Avg 1,162 sqft
Citywide · Winnipeg
#181,506 / 194,458
Bottom 7% · Avg 1,342 sqft

Tax-Assessed Value

above average
366k
0255075100
Same streetTop 28%Same areaTop 20%CitywideTop 48%
Same street · Braemar Avenue
#28 / 101
Top 28% · Avg 346.3k
Same area · Norwood East
#262 / 1,288
Top 20% · Avg 329.4k
Citywide · Winnipeg
#93,885 / 194,458
Top 48% · Avg 390.1k

Year Built

above average
1945
0255075100
Same streetTop 10%Same areaTop 30%CitywideBottom 22%

Lot Size

above average
5,037 sqft
0255075100
Same streetTop 24%Same areaTop 31%CitywideBottom 46%

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

43 Braemar Avenue — 18 amenities found within 500 m, across 6 categories, including 5 dining (nearest 226 m), 1 education (nearest 482 m), 4 healthcare (nearest 92 m).

Search radius
🍽️Dining5
🏫Education1
🏥Healthcare4
🛒Shopping2
🌳Parks5
Worship1

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 3/2023CA$350k–400k
Sold price

Same street

Top 26%

Same area

Top 21%

City-wide

Top 43%
Sold 10/2020CA$300k–350k
Sold price

Same street

Top 43%

Same area

Top 28%

City-wide

Top 49%

Related homes

Highlights & common questions: 43 Braemar Avenue, Winnipeg

Property Overview: 43 Braemar Avenue, Norwood East, Winnipeg

Key Characteristics & Appeal

This home presents a distinct profile centered on its desirable lot and location within a well-established neighbourhood. Built in 1945, it is one of the newer homes on its street. The primary feature is the 5,037 sqft lot, which is larger than most in the immediate area and offers significant potential for gardening, expansion, or outdoor living. With an assessed value of $366,000, it is priced above the local average for Norwood East, suggesting the market recognizes its premium lot and positioning.

The appeal here is nuanced. The living space (759 sqft) is notably compact, even for the neighbourhood, indicating a home that is likely efficient and manageable. This creates a clear value proposition: you are investing more in the land and location than in the size of the existing structure. It would perfectly suit a minimalist buyer, a first-time homeowner comfortable with a smaller footprint, or an investor looking for a property with redevelopment potential on a sizable lot. Its recent sale history (sold in 2023 and 2020) shows steady market activity, reflecting consistent demand for properties in this area.

Frequently Asked Questions

1. Why is the assessed value relatively high when the house is quite small?
The assessment reflects more than just living area. It strongly considers the property's above-average lot size for the street and its location within Norwood East, factors that carry significant weight in property valuation.

2. What does the "below average" ranking for living area mean for me?
It confirms the home is compact. This translates to lower utility costs and less maintenance, but requires thoughtful organization. It’s ideal for those seeking a simpler, more efficient living space without the upkeep of a larger home.

3. How does the 1945 build year compare?
Being built in 1945 makes it newer than many homes on the street and in Norwood East. This can be an advantage, potentially meaning updates to foundational building materials or systems have already been incorporated over the decades.

4. Is the sold price history shown the exact amount?
The site displays sold price ranges for general reference. To obtain the exact, verified sale figures for this property, you must request them directly via email from the site provider, as they do not publish MLS data.

5. What is the main takeaway from the lot size data?
The lot is a key asset. At over 5,000 sqft, it provides a generous outdoor space that is uncommon on the street. This extra land is a primary driver of the property's value and offers flexibility that smaller lots do not.

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