47 Rosewood Place

Norwood West, Winnipeg

Property score

81.3

Excellent

Overall 81.3 · Larger and newer than most nearby homes

2,081 sqft (top 9%) · Built in 1948 (11 yrs newer than avg)

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

Transit 80.0 · 4-min walk to transit with 3 nearby routes · Within 500m: 2 schools, 3 parks, and 1 place of worship nearby

Living Area

Above average

47% larger 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

81.3 is composed by the two sections below.

Property Score

75.1Good
Living Area2,081 sqft94Excellent
Year Built194830Low
Lot Size5,941 sqft74Good
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

Elite
2,081 sqft
0255075100
Same streetTop 4%Same areaTop 9%CitywideTop 9%
Same street · Rosewood Place
#1 / 27
Top 4% · Avg 1,307 sqft
Same area · Norwood West
#92 / 992
Top 9% · Avg 1,420 sqft
Citywide · Winnipeg
#17,375 / 194,458
Top 9% · Avg 1,342 sqft

Tax-Assessed Value

above average
487k
0255075100
Same streetTop 7%Same areaTop 22%CitywideTop 22%
Same street · Rosewood Place
#2 / 27
Top 7% · Avg 407.7k
Same area · Norwood West
#216 / 992
Top 22% · Avg 426.1k
Citywide · Winnipeg
#42,666 / 194,458
Top 22% · Avg 390.1k

Year Built

Elite
1948
0255075100
Same streetTop 4%Same areaTop 12%CitywideBottom 26%

Lot Size

above average
5,941 sqft
0255075100
Same streetTop 15%Same areaBottom 41%CitywideTop 34%

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

47 Rosewood Place — 6 amenities found within 500 m, across 3 categories, including 2 education (nearest 100 m), 3 parks (nearest 146 m).

Search radius
🏫Education2
🌳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 7/2016CA$400k–450k
Sold price

Same street

Top 43%

Same area

Top 45%

City-wide

Top 29%

Related homes

Highlights & common questions: 47 Rosewood Place, Winnipeg

Property Overview: 47 Rosewood Place, Norwood West

Key Characteristics & Appeal

This home at 47 Rosewood Place stands out in its Norwood West neighborhood for its generous proportions and established character. Built in 1948, it offers a substantial 2,081 square feet of living space, which ranks in the top 4% on its own street and the top 9% both locally and city-wide. This means it provides significantly more room than most comparable homes. The lot size of nearly 6,000 square feet is also above average for the immediate area, offering ample outdoor space.

The appeal lies in its clear position as a larger, well-situated property within a mature community. With an assessed value of $487,000, it sits above average for its street and broader area, reflecting its size and desirability. A thoughtful perspective is that this home represents a classic, solid investment in a neighborhood of similar vintage homes, rather than a new construction. It last sold in 2016 for between $400,000-$450,000, providing a reference point for its market trajectory.

This property would ideally suit buyers looking for space and established neighborhood charm over modern finishes. It’s a fit for growing families needing room, or for those who appreciate the potential of a character home on a good-sized lot, possibly with renovation plans in mind.

Frequently Asked Questions

1. How does the home’s age affect its value and potential?
Built in 1948, the home is typical for its mature neighborhood. While its age places it below the city-wide average for newer homes, it is actually among the newer homes on its street and in Norwood West. This suggests a well-established, stable area. Buyers should budget for maintenance appropriate for a home of this era and consider the potential for updates.

2. What does the assessed value tell me about the listing price?
The assessed value of $487,000 is for municipal tax purposes and is not the market price. It is a useful benchmark, showing the home is valued above many peers. The actual listing or sale price will be determined by current market conditions, the home’s specific condition, and recent upgrades.

3. The data shows the home is "above average" in many categories. What's the practical takeaway?
This statistical ranking confirms you are looking at a property that is physically larger and on a bigger lot than most homes you’ll find on its street and in Norwood West. You are paying a premium for space and location within a sought-after area.

4. Can I see the exact price it last sold for?
The public data shows a sale in July 2016 for a broad range of $400,000-$450,000. To obtain the exact historical sale price, you must request it directly from the website via email, as they manually provide this detail due to data licensing restrictions.

5. How does the lot size compare to a typical city lot?
At 5,941 sq ft, the lot is larger than average for both its street and Norwood West. City-wide, it is slightly below the average lot size, which is typical for established inner-city neighborhoods compared to newer suburban developments. It offers substantial private outdoor space for its location.

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