Property score
67.8
Good
Overall 67.8 · Smaller but newer than most nearby homes
1,164 sqft (bottom 30%) · Built in 1949 (12 yrs newer than avg)
Located in a high-income area with median household income of ~112k
Transit 92.0 · 5-min walk to transit with 5 nearby routes · Within 500m: 2 dining spots, 2 schools, 4 parks, and 1 fuel station nearby
Living Area
Below average
18% smaller than neighborhood avg.
Year Built
Above average
12 yrs newer than neighborhood avg.
Mother tongue
English · 75%French · 16%
Past 10 years Norwood West sales snapshot (~80% of all data)
269
425k
$266/sqft
1937
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67.8 is composed by the two sections below.
Property Score
Community Score
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.
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: #46110558
$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
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
18 Cedar Place — 10 amenities found within 500 m, across 5 categories, including 2 dining (nearest 449 m), 2 education (nearest 224 m), 4 parks (nearest 313 m).
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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 43% | Top 28% | Top 21% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 29% | Top 27% | Top 21% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 18 Cedar Place, Norwood West
Key Characteristics & Appeal
This home at 18 Cedar Place is a classic post-war bungalow, built in 1949, offering a blend of established neighbourhood character and solid value. With 1,164 sqft of living space, it sits comfortably within the average range for its immediate street and the wider Norwood West area, suggesting a practical, manageable layout. The standout figure is its assessed value of $459k, which ranks consistently above average—in the top 25-30%—when compared to similar homes on its street, in the neighbourhood, and across Winnipeg. This indicates a property that is perceived to offer good value or desirable features not fully captured by square footage alone.
The appeal lies in its position within a mature, sought-after community. While the lot size is smaller than most on its specific street, it is relatively standard for the broader city. This creates an interesting dynamic: you're acquiring a home in a prime location where the value is driven more by the neighbourhood and the structure itself than by land size. The recent sale history shows stable, strong value retention.
This property would suit a buyer looking for a character home in a well-regarded area without the upkeep of a massive lot. It’s ideal for a small family, a couple, or a downsizer who values location and community over sheer square footage and who appreciates a home with a history and established roots.
Frequently Asked Questions
1. How does the smaller lot size impact the property's value and appeal?
While the lot is the smallest on Cedar Place, the home's assessed value remains significantly above average. This suggests that factors like the home's condition, updates, layout, and its placement in Norwood West are the primary drivers of value, appealing to those who prefer less yard maintenance.
2. The home was built in 1949. What should I consider regarding its age?
As a home from the late 1940s, potential buyers should prioritize a thorough inspection focusing on the foundational integrity, the state of original plumbing and electrical systems, and the quality of any past renovations. Its age is typical for the charming Norwood West area.
3. The assessed value is high relative to living area. What might explain this?
A higher assessed value per square foot can indicate desirable features not reflected in size metrics, such as high-quality finishes, a premium layout, significant updates (like a modern kitchen or roof), or an exceptional location within the neighbourhood.
4. What do the recent sale price ranges indicate about the market?
The recorded sale price ranges from late 2020 and early 2024 both fall within the $450k-$500k band, showing remarkable price stability through varying market conditions and aligning closely with the current assessed value.
5. How can I get the exact historical sold prices for this home?
The precise sale figures are not publicly displayed due to industry regulations. You can request the exact sold price history by emailing the site directly. They will provide a manual lookup and send the information to you, typically by the end of the same business day.
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