38 Lloyd Street

Norwood West, Winnipeg

Property score

43.7

Below average

Overall 43.7 · Smaller than most nearby homes

660 sqft (bottom 2%) · Built in 1929 (8 yrs older than avg)

Located in a above-average income area with median household income of ~74.5k

Transit 80.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 5 dining spots, 2 schools, 4 healthcare facilitys, and 2 shops nearby

Living Area

Below average

54% smaller than neighborhood avg.

Year Built

Below average

8 yrs older than neighborhood avg.

Mother tongue

English · 73%French · 14%

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

43.7 is composed by the two sections below.

Property Score

21.5Low
Living Area15
660 sqftLow
Year Built20
1929Low
Lot Size46
3,670 sqftLow
Neighbourhood Sales Activity32
Low

Community Score

76.9Good
Household Income74
Good
Education Level82
Excellent
Housing Stress83
Excellent
Core Housing Need76
Good
Employment Health76
Good

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: #46110560

Community deep dive

$75K

Median household income

$101K

Average household income

10%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.2

P90 / P10 ratio

43%

Single-person households

16%

Families with children

Population, labour & age

Population (2021)385
Labour force participation rate68%
Median age39.2
Avg household size2.1
Unemployment rate4%
Population density3850 / km²

Households & income

Low income (LIM-AT, % pop.)10%
Single-person households43%
Couple families with children16%
Median household income (2020)$75K

Housing

Renter households43%
Condominium dwellings19%
Median dwelling value (owners)$282K

Diversity, education & language

Immigrants (share of pop.)13%
Visible minority16%
Bachelor's or higher (25–64)46%
Mother tongue (1st)English · 72%
Mother tongue (2nd)French · 14%

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

Rankings

Living Area

below average
660 sqft
0255075100
Same streetBottom 27%Same areaBottom 2%CitywideBottom 2%
Same street · Lloyd Street
#33 / 45
Bottom 27% · Avg 908 sqft
Same area · Norwood West
#974 / 992
Bottom 2% · Avg 1,420 sqft
Citywide · Winnipeg
#190,437 / 194,458
Bottom 2% · Avg 1,342 sqft

Tax-Assessed Value

around average
258k
0255075100
Same streetBottom 47%Same areaBottom 6%CitywideBottom 19%
Same street · Lloyd Street
#24 / 45
Bottom 47% · Avg 273k
Same area · Norwood West
#936 / 992
Bottom 6% · Avg 426.1k
Citywide · Winnipeg
#157,493 / 194,458
Bottom 19% · Avg 390.1k

Year Built

above average
1929
0255075100
Same streetTop 9%Same areaBottom 36%CitywideBottom 17%

Lot Size

around average
3,670 sqft
0255075100
Same streetBottom 49%Same areaBottom 7%CitywideBottom 21%

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

38 Lloyd Street — 20 amenities found within 500 m, across 6 categories, including 5 dining (nearest 145 m), 2 education (nearest 439 m), 4 healthcare (nearest 152 m).

Search radius
🍽️Dining5
🏫Education2
🏥Healthcare4
🛒Shopping2
🌳Parks6
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 11/2019CA$200k–250k
Sold price

Same street

Bottom 6%

Same area

Bottom 2%

City-wide

Bottom 11%

Related homes

Highlights & common questions: 38 Lloyd Street, Winnipeg

Property Overview: 38 Lloyd Street, Norwood West, Winnipeg

Section 1: Key Characteristics & Appeal

This 660 sqft home, built in 1929, presents a compact and efficient living space on a standard 3,670 sqft lot in Norwood West. Its key characteristic is its position as a modest, lower-priced entry point into a desirable neighborhood. The appeal lies in its relative affordability within the context of the area, where assessed values are significantly higher on average. The home last sold for an estimated $200k-$250k in late 2019.

This property would suit first-time buyers or investors seeking a foothold in a central neighborhood without the premium price tag of larger homes. It may also appeal to downsizers or those seeking a minimalist, low-maintenance lifestyle. A less obvious perspective is that its smaller size and older vintage could represent a straightforward renovation or modernization project for a handy buyer, with the lot offering potential for garden space or outdoor living that larger homes in the area provide.

Section 2: Frequently Asked Questions

1. How does this home’s size compare to others?
At 660 sqft, the living area is notably smaller than most homes in Norwood West (top 98%, meaning only 2% are smaller) and across Winnipeg. On Lloyd Street itself, it ranks better but is still below the street average of 908 sqft.

2. Is the assessed value in line with the neighborhood?
No, the assessed value of $258k is well below the Norwood West average of $426.1k. This reflects the home's smaller size and likely simpler condition compared to the neighborhood's larger, more valuable properties.

3. What is the land like?
The 3,670 sqft lot is very typical for Lloyd Street but is below the neighborhood and city averages for lot size. This suggests a standard urban lot without extra land premium.

4. How old is this home compared to others?
Built in 1929, it is actually newer than most homes on Lloyd Street (top 9%) and around average for Norwood West. This is a positive note, indicating it may have newer infrastructure than some immediate neighbors.

5. Where can I get verified historical sale data?
The site notes that exact sold prices are not displayed due to industry rules. They offer a manual lookup service where you can request the full transaction history and exact figures via email, which they will provide without using your email for marketing.