15 Cedar Place

Norwood West, Winnipeg

Property score

66.3

Good

Overall 66.3 · Smaller but newer than most nearby homes

1,057 sqft (bottom 22%) · Built in 1951 (14 yrs newer than avg)

Located in a high-income area with median household income of ~112k

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

Living Area

Below average

26% smaller than neighborhood avg.

Year Built

Above average

14 yrs newer than neighborhood avg.

Mother tongue

English · 75%French · 16%

Past 10 years Norwood West sales snapshot (~80% of all data)

Sold Count

269

Median price

425k

$/sqft

$266/sqft

Avg build year

1937

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Property score

66.3 is composed by the two sections below.

Property Score

50.1Fair
Living Area1,057 sqft52Fair
Year Built195136Low
Lot Size5,497 sqft67Good
Neighbourhood Sales Activity32Low

Community Score

90.5Excellent
Household Income89Excellent
Education Level100Excellent
Housing Stress100Excellent
Core Housing Need100Excellent
Employment Health60Fair

Neighbourhood Sales

Norwood West

How to read: Share of sales in each ~$50k price band for “norwood west” (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: #46110558

Community deep dive

$112K

Median household income

$127K

Average household income

4%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.2

P90 / P10 ratio

21%

Single-person households

30%

Families with children

Population, labour & age

Population (2021)545
Labour force participation rate64%
Median age48.0
Avg household size2.4
Unemployment rate10%
Population density2270 / km²

Households & income

Low income (LIM-AT, % pop.)4%
Single-person households21%
Couple families with children30%
Median household income (2020)$112K

Housing

Renter households4%
Condominium dwellings0%
Median dwelling value (owners)$400K

Diversity, education & language

Immigrants (share of pop.)7%
Visible minority2%
Bachelor's or higher (25–64)63%
Mother tongue (1st)English · 75%
Mother tongue (2nd)French · 15%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

around average
1,057 sqft
0255075100
Same streetBottom 10%Same areaBottom 22%CitywideBottom 34%
Same street · Cedar Place
#18 / 20
Bottom 10% · Avg 1,209 sqft
Same area · Norwood West
#777 / 992
Bottom 22% · Avg 1,420 sqft
Citywide · Winnipeg
#127,719 / 194,458
Bottom 34% · Avg 1,342 sqft

Tax-Assessed Value

around average
387k
0255075100
Same streetBottom 5%Same areaBottom 38%CitywideTop 42%
Same street · Cedar Place
#19 / 20
Bottom 5% · Avg 429.5k
Same area · Norwood West
#619 / 992
Bottom 38% · Avg 426.1k
Citywide · Winnipeg
#81,326 / 194,458
Top 42% · Avg 390.1k

Year Built

Elite
1951
0255075100
Same streetTop 5%Same areaTop 5%CitywideBottom 29%

Lot Size

around average
5,497 sqft
0255075100
Same streetTop 50%Same areaBottom 35%CitywideTop 43%

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

15 Cedar Place — 11 amenities found within 500 m, across 6 categories, including 2 dining (nearest 466 m), 2 education (nearest 239 m), 1 healthcare (nearest 476 m).

Search radius
🍽️Dining2
🏫Education2
🏥Healthcare1
🌳Parks4
Fuel Stations1
Worship1

Crime & Safety

Norwood West · WPS public data · 2026

Annual incidents

6

2026

vs. city avg

-80%

relative to avg

Year-over-year

-97%

vs. prior year

Primary type

Violent

50%

Sales History

Sold 8/2019CA$300k–350k
Sold price

Same street

Bottom 1%

Same area

Bottom 29%

City-wide

Bottom 47%

Related homes

Highlights & common questions: 15 Cedar Place, Winnipeg

Property Overview: 15 Cedar Place, Norwood West, Winnipeg

Section 1: Key Characteristics & Appeal

This home at 15 Cedar Place is a classic, mid-century bungalow built in 1951, situated on a generous, roughly 5,500 sqft lot in Winnipeg's Norwood West neighborhood. Its key appeal lies in its established setting and lot size, offering a balance of space and location.

The home's living area (1,057 sqft) is modest, ranking below the average for its immediate street and neighborhood, suggesting a cozy, efficient layout rather than expansive square footage. However, its assessed value of $387k is competitive, sitting around the average for the wider city and neighborhood, which indicates the value is likely anchored in the desirable lot and location rather than the size of the home itself. A thoughtful perspective is that this property represents an opportunity for buyers who prioritize land and location over a large existing footprint, as it could be well-suited for future expansion or landscaping projects.

This property would best suit first-time buyers, downsizers, or value-oriented investors looking for an entry into a mature neighborhood. Its appeal is practical and grounded, ideal for someone comfortable with a home that may require updates but offers a solid foundation and a prime asset—the land—in a central community.

Section 2: Frequently Asked Questions

1. How does the home's size compare to others nearby?
At 1,057 sqft, the living area is below the average for both Cedar Place and the broader Norwood West area. This indicates a more compact layout compared to many neighbors, which can mean lower utility costs and less maintenance.

2. Is the assessed value of $387k typical for the area?
Yes, it's quite typical. While it's on the lower end for its specific street, it aligns closely with the average assessed value for both Norwood West and the City of Winnipeg as a whole, suggesting a fair market valuation.

3. What does the "Elite" ranking for Year Built mean?
The home, built in 1951, is among the newest 5% of homes on its street and in Norwood West. This "Elite" ranking is relative to an older housing stock; it means the structure is newer than most in the immediate vicinity, though it is still a 75-year-old character home.

4. What can the 2019 sale price range tell me?
The home sold for between $300k and $350k in August 2019. This historical data provides a benchmark, showing significant appreciation in assessed value since that last sale, reflecting broader market trends.

5. How can I find out the exact past sale prices?
The displayed sale prices are estimates from public records. To obtain fully verified and exact sale figures, you must request a manual lookup via email through the SaveOnHouse website, as they do not have access to MLS sales data.

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