Property score
52.5
Fair
Overall 52.5 · Smaller and older than most nearby homes
945 sqft (bottom 15%) · Built in 1913 (24 yrs older than avg)
Located in a above-average income area with median household income of ~71.5k
Transit 82.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 5 dining spots, 5 healthcare facilitys, 2 shops, and 7 parks nearby
Living Area
Below average
33% smaller than neighborhood avg.
Year Built
Below average
24 yrs older than neighborhood avg.
Mother tongue
English · 77%French · 11%
Past 10 years Norwood West sales snapshot (~80% of all data)
269
425k
$266/sqft
1937
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52.5 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: #46110557
$72K
Median household income
$94K
Average household income
11%
Low income (LIM-AT)
0.3
Income inequality (Gini)
4.4
P90 / P10 ratio
48%
Single-person households
20%
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
262 Metcalfe Avenue — 20 amenities found within 500 m, across 5 categories, including 5 dining (nearest 226 m), 5 healthcare (nearest 49 m), 2 shopping (nearest 130 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 | Bottom 25% | Bottom 3% | Bottom 13% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 12% | Bottom 2% | Bottom 9% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
262 Metcalfe Avenue is a 945 sqft home built in 1913, situated on a 3,303 sqft lot in Winnipeg's Norwood West neighbourhood. With an assessed value of $225k, it presents a specific value proposition within its context.
This home’s primary appeal lies in its position as a more affordable entry point into a mature neighbourhood. Its assessed value is notably below the averages for both Norwood West and the wider city, which can mean a lower property tax burden and an accessible purchase price. The living space is typical for houses on its own street, offering a practical footprint for a smaller household.
The property would suit a first-time buyer, an investor, or someone seeking a lower-maintenance lot. Its older vintage (1913) suggests classic character but also implies a need for a buyer comfortable with the maintenance and potential updates that come with a century-old home. A thoughtful perspective is that its below-average metrics for the area might not reflect a lack of value, but rather represent a smaller, more efficient holding in a neighbourhood of larger, more expensive homes—an opportunity for those prioritizing location over size.
1. Is the assessed value the same as the market value?
No, the assessed value is used for calculating property taxes and is determined by the municipality. Market value is what a buyer is willing to pay and can be higher or lower. The home's last sale was between $200k-$250k in early 2020.
2. What does the "below average" ranking for Norwood West mean?
For most metrics like lot size and assessed value, this home ranks in the bottom 15-20% of the 992 homes in Norwood West. This indicates it is among the smaller and more modestly valued properties in the neighbourhood, not that there is something wrong with it.
3. Are exact past sale prices available?
The site shows sale price ranges. To obtain the exact historical sale figures, you must request them directly via email, as this information is not sourced from the MLS.
4. What are the implications of the home being built in 1913?
It offers classic charm but likely requires careful attention to foundational, electrical, and plumbing systems that may have been updated over time. A thorough inspection is essential.
5. How does the lot size compare?
At just over 3,300 sqft, the lot is manageable and around average for Metcalfe Avenue. However, it is significantly smaller than the typical lot in both Norwood West and Winnipeg overall, which could mean less outdoor maintenance but also less private space.
