Property score
65.8
Good
Overall 65.8 · Compared with neighbourhood average
1,362 sqft (top 49%) · Built in 1941 (4 yrs newer than avg)
Located in a above-average income area with median household income of ~78k
Transit 74.0 · 3-min walk to transit with 2 nearby routes · Within 500m: 2 schools, 1 healthcare facility, 1 shop, and 4 parks nearby
Living Area
Near average
4% smaller than neighborhood avg.
Year Built
Near average
4 yrs newer than neighborhood avg.
Mother tongue
English · 69%French · 18%
Past 10 years Norwood West sales snapshot (~80% of all data)
269
425k
$266/sqft
1937
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
65.8 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: #46110559
$78K
Median household income
$95K
Average household income
12%
Low income (LIM-AT)
0.3
Income inequality (Gini)
4.2
P90 / P10 ratio
40%
Single-person households
25%
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
525 Lyndale Drive — 10 amenities found within 500 m, across 5 categories, including 2 education (nearest 431 m), 1 healthcare (nearest 477 m), 1 shopping (nearest 493 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 48% | Top 17% | Top 14% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 525 Lyndale Drive, Norwood West, Winnipeg
Key Characteristics & Appeal
This 1,362 sqft home, built in 1941, sits on a generous 6,236 sqft lot in Norwood West. Its key appeal lies in a compelling combination of location, value, and space. While the living area is modest compared to some immediate neighbors, the property stands out for its above-average lot size within the broader neighborhood and city, offering valuable outdoor potential. The assessed value of $489k positions it as a premium property within Norwood West and citywide, suggesting a well-regarded location or property condition relative to broader markets.
The home would suit a buyer looking for a character property in an established neighborhood who values land size over sheer interior square footage. It’s a practical choice for someone willing to potentially update an older home (85 years old) to modernize it, with the trade-off being a lot that provides room for gardens, expansion, or simply more privacy than newer subdivisions typically offer. The data indicates you are paying a premium for the location and land, making it ideal for a buyer whose long-term vision values the lot's potential as much as the existing structure.
Frequently Asked Questions
1. How does the sold price compare to the assessed value?
The home sold in December 2023 for an estimated $500k-$550k. This sale price range aligns closely with its current $489k assessed value, indicating the assessment is in step with recent market activity.
2. Is the lot size unusual for the area?
Yes. The lot is over 6,200 sqft, which ranks in the top 11% of lots in Norwood West. This is a significant feature, as it is substantially larger than the area average of about 5,600 sqft.
3. The home is older than many on the street. Should I be concerned?
The 1941 build date is older than the average on Lyndale Drive. This typically means a greater likelihood of aging components (like plumbing, electrical, or the roof) needing attention or updates. A thorough inspection is essential, but this era of home also often comes with solid construction and character details.
4. Why is the assessed value considered "above average" citywide?
With an assessed value ranking in the top 22% citywide, this property is valued higher than most Winnipeg homes. This reflects a combination of its desirable Norwood West location, the substantial lot size, and the overall property value relative to the broader market.
5. How does the living space compare to nearby homes?
At 1,362 sqft, the living area is slightly below the average for Norwood West (~1,420 sqft) and more noticeably below the average for Lyndale Drive itself (~1,651 sqft). This suggests the home may have a more compact or traditional layout compared to some neighbors, emphasizing the importance of the lot size as a key asset.
Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.
