22 Balsam Place

Norwood West, Winnipeg

Property score

65.5

Good

Overall 65.5 · Smaller but newer than most nearby homes

1,068 sqft (bottom 23%) · Built in 1948 (11 yrs newer than avg)

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

Transit 92.0 · 3-min walk to transit with 6 nearby routes · Within 500m: 2 schools, 1 healthcare facility, 3 parks, and 1 place of worship nearby

Living Area

Below average

25% smaller than neighborhood avg.

Year Built

Above average

11 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

65.5 is composed by the two sections below.

Property Score

48.9Low
Living Area1,068 sqft52Fair
Year Built194830Low
Lot Size5,495 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
1,068 sqft
0255075100
Same streetBottom 11%Same areaBottom 23%CitywideBottom 35%
Same street · Balsam Place
#24 / 27
Bottom 11% · Avg 1,370 sqft
Same area · Norwood West
#765 / 992
Bottom 23% · Avg 1,420 sqft
Citywide · Winnipeg
#125,489 / 194,458
Bottom 35% · Avg 1,342 sqft

Tax-Assessed Value

above average
443k
0255075100
Same streetTop 37%Same areaTop 35%CitywideTop 30%
Same street · Balsam Place
#10 / 27
Top 37% · Avg 434k
Same area · Norwood West
#347 / 992
Top 35% · Avg 426.1k
Citywide · Winnipeg
#57,519 / 194,458
Top 30% · Avg 390.1k

Year Built

above average
1948
0255075100
Same streetTop 26%Same areaTop 12%CitywideBottom 26%

Lot Size

above average
5,495 sqft
0255075100
Same streetTop 26%Same areaBottom 32%CitywideTop 44%

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

22 Balsam Place — 7 amenities found within 500 m, across 4 categories, including 2 education (nearest 234 m), 1 healthcare (nearest 478 m), 3 parks (nearest 139 m).

Search radius
🏫Education2
🏥Healthcare1
🌳Parks3
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 8/2024CA$450k–500k
Sold price

Same street

Top 50%

Same area

Top 25%

City-wide

Top 20%
Sold 9/2023CA$250k–300k
Sold price

Same street

Bottom 1%

Same area

Bottom 10%

City-wide

Bottom 28%

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