Property score
68.1
Good
Overall 68.1 · Smaller but newer than most nearby homes
1,065 sqft (bottom 22%) · Built in 2024 (87 yrs newer than avg)
Located in a above-average income area with median household income of ~71.5k
Transit 82.0 · 7-min walk to transit with 5 nearby routes · Within 500m: 2 dining spots, 2 schools, 4 parks, and 2 fuel stations nearby
Living Area
Below average
25% smaller than neighborhood avg.
Year Built
Above average
87 yrs newer 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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68.1 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
287 Lyndale Drive — 11 amenities found within 500 m, across 5 categories, including 2 dining (nearest 390 m), 2 education (nearest 259 m), 4 parks (nearest 334 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 23% | Bottom 43% | Top 40% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 287 Lyndale Drive, Norwood West, Winnipeg
Key Characteristics & Appeal
This 2024-built home in Norwood West presents a compelling mix of modern convenience and premium valuation within an established area. Its key appeal lies in its exceptional newness; it is among the newest homes not just on its street, but in the entire city, ranking in the top 1% city-wide for year built. This translates to move-in readiness, modern building standards, and minimal immediate maintenance.
Despite its below-average living and land area compared to its immediate neighbors—it's a more compact home on a smaller lot—the property carries an assessed value that is significantly above average. It ranks in the elite top 5% for assessed value within both Norwood West and Winnipeg overall. This indicates that the premium for a brand-new build in this location is substantial and recognized in the market assessment.
The home would best suit buyers who prioritize modern construction and efficiency over square footage, and who view the higher assessed value as an investment in a low-maintenance, contemporary asset in a mature neighborhood. It’s a practical choice for professionals, small families, or downsizers seeking a new home without moving to a distant suburb, accepting a smaller footprint for the benefit of a newer structure.
Frequently Asked Questions
1. Why is the assessed value so high compared to the home's size?
The assessed value reflects the property's extreme newness (2024 construction) in a city where most homes are decades older. The premium accounts for modern materials, systems, and the lack of deferred maintenance, which is valued highly in the current market.
2. How does the smaller lot size affect living here?
While the lot is smaller than others on the street, it requires less upkeep. This can be a benefit for those seeking a low-maintenance yard. However, it may limit expansion possibilities or outdoor privacy compared to neighboring properties.
3. The home sold in 2021; what was it then?
The 2021 sale likely was for the vacant land or a pre-construction purchase. The current 2024-built home is essentially a new infill development on that lot, which explains the dramatic increase in value since that last transaction.
4. Are property taxes based on the assessed value?
Yes, municipal property taxes are calculated using the assessed value. With this home's value in the top 5% city-wide, prospective buyers should budget for correspondingly higher property tax bills compared to older, similarly sized homes in the area.
5. How reliable is the sold price data shown?
The site notes its sold price data is from public sources, not the MLS, and is presented as a range. For fully verified and exact historical transaction figures, you must request a manual lookup from the site via email, as MLS data is not displayed due to industry rules.
