Property score
70.6
Good
Overall 70.6 · Newer than most nearby homes
1,273 sqft (bottom 43%) · Built in 1948 (11 yrs newer than avg)
Located in a high-income area with median household income of ~112k
Transit 92.0 · 4-min walk to transit with 5 nearby routes · Within 500m: 2 schools, 4 parks, and 1 place of worship nearby
Living Area
Near average
10% 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)
269
425k
$266/sqft
1937
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70.6 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
39 Cedar Place — 7 amenities found within 500 m, across 3 categories, including 2 education (nearest 148 m), 4 parks (nearest 286 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 14% | Top 14% | Top 13% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 39 Cedar Place, Norwood West
Key Characteristics & Appeal
This home presents a compelling mix of established character and strong valuation. Built in 1948, it is a classic Winnipeg property with a living area of 1,273 sqft on a 5,497 sqft lot, offering comfortable space both indoors and out. The standout feature is its assessed value of $494,000, which ranks in the top 5% on its own street and the top 20% within the broader Norwood West area. This suggests a property that is well-regarded relative to its immediate peers, potentially due to factors like renovations, premium finishes, or a superior layout not captured in the basic square footage.
Its appeal lies in this value proposition within a mature neighbourhood. It suits buyers looking for a home with good bones in an established community, who may appreciate the potential stability and pride of owning one of the more highly assessed properties on the block. It would also fit a buyer not intimidated by an older home, possibly seeking a project to modernize while building on a solid foundation. A less obvious perspective is that its "newest on the block" status (ranked 20 of 20 by year on its street) could imply that surrounding homes have already undergone significant updates, setting a positive precedent for the area's upkeep and modernization.
Frequently Asked Questions
1. Why is the assessed value so high compared to nearby homes?
The assessment of $494,000 is significantly above the street and area averages. This typically reflects recent improvements, premium materials, or desirable property features that municipal assessors have recognized, indicating the home is considered a higher-tier property within its local market.
2. What does the sold price range (CA$500k–550k) from 2023 tell us?
The recent sale in that price range confirms the assessed value is aligned with the market. It shows a buyer was willing to pay a premium over the area's average assessed value, reinforcing the property's perceived worth.
3. The home was built in 1948. What should I consider?
While the structure is sound, a home of this age will likely have older major systems (like plumbing, electrical, or the roof). A thorough inspection is essential. However, its age is actually above average for the wider Norwood West area, meaning the neighbourhood is full of well-maintained homes from this era.
4. How does the living space compare to other homes?
At 1,273 sqft, the living area is very close to the city-wide average. It provides ample space for a small family or couple but is not an unusually large layout. The data suggests you are paying for the quality and assessment, not an exceptionally large footprint.
5. How can I find out the exact sold price and history?
The site does not display exact sold prices from the MLS. To obtain the fully verified transaction history and exact sale figures, you must request a manual lookup via email through the provided link on the property page.
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