57 Lloyd Street

Norwood West, Winnipeg

Property score

51.3

Fair

Overall 51.3 · Smaller and older than most nearby homes

908 sqft (bottom 13%) · Built in 1911 (26 yrs older than avg)

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

Transit 80.0 · 3-min walk to transit with 3 nearby routes · Within 500m: 4 dining spots, 1 school, 4 healthcare facilitys, and 2 shops nearby

Living Area

Below average

36% smaller than neighborhood avg.

Year Built

Below average

26 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

Need help understanding this property?

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

Property score

51.3 is composed by the two sections below.

Property Score

34.2Low
Living Area42
908 sqftLow
Year Built16
1911Low
Lot Size28
2,945 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

around average
908 sqft
0255075100
Same streetTop 38%Same areaBottom 13%CitywideBottom 17%
Same street · Lloyd Street
#17 / 45
Top 38% · Avg 908 sqft
Same area · Norwood West
#863 / 992
Bottom 13% · Avg 1,420 sqft
Citywide · Winnipeg
#161,184 / 194,458
Bottom 17% · Avg 1,342 sqft

Tax-Assessed Value

around average
282k
0255075100
Same streetTop 36%Same areaBottom 8%CitywideBottom 25%
Same street · Lloyd Street
#16 / 45
Top 36% · Avg 273k
Same area · Norwood West
#913 / 992
Bottom 8% · Avg 426.1k
Citywide · Winnipeg
#146,625 / 194,458
Bottom 25% · Avg 390.1k

Year Built

below average
1911
0255075100
Same streetBottom 24%Same areaBottom 9%CitywideBottom 7%

Lot Size

below average
2,945 sqft
0255075100
Same streetBottom 18%Same areaBottom 2%CitywideBottom 9%

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

57 Lloyd Street — 17 amenities found within 500 m, across 6 categories, including 4 dining (nearest 158 m), 1 education (nearest 346 m), 4 healthcare (nearest 158 m).

Search radius
🍽️Dining4
🏫Education1
🏥Healthcare4
🛒Shopping2
🌳Parks3
Worship3

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 7/2022CA$250k–300k
Sold price

Same street

Top 41%

Same area

Bottom 11%

City-wide

Bottom 28%
Sold 12/2019CA$200k–250k
Sold price

Same street

Bottom 29%

Same area

Bottom 7%

City-wide

Bottom 21%

Related homes

Highlights & common questions: 57 Lloyd Street, Winnipeg

Property Overview

57 Lloyd Street is a classic 1911 home in Winnipeg's Norwood West neighbourhood. With 908 square feet of living space on a 2,945 sqft lot, it presents a compact and manageable footprint. Its assessed value of $282,000 is notably below the averages for both the wider area and the city, positioning it as a more accessible entry point into the market.

The appeal here lies in its value proposition and location. It offers the character of a century-old home in an established neighbourhood at a price point that stands out as comparatively modest for the area. This creates an opportunity for buyers willing to take on a home of this age, likely with updates needed, in exchange for a favourable purchase price. It would suit first-time buyers, downsizers looking for a low-maintenance lot, or value-focused investors attracted by the below-average assessment in a stable neighbourhood. A thoughtful perspective is that while the home is smaller and older than most in the city, its price reflects that, allowing for budget to be allocated towards modernization while building equity in a proven location.

Frequently Asked Questions

1. Is this a good value compared to other homes in Norwood West?
Based on the data, yes. The home's assessed value is in the top 8% for the neighbourhood, meaning it's assessed lower than 92% of comparable properties in Norwood West, where the average assessed value is about $426k.

2. What should I consider about a home built in 1911?
You should plan for a professional inspection to understand the condition of major aging components like the foundation, plumbing, electrical, and roof. While it offers charm, a home of this age may require more ongoing maintenance or significant updates to meet modern standards.

3. The lot seems smaller than others. Is that a drawback?
The land area is smaller than most in the area and city. This can be an advantage for those seeking lower outdoor maintenance, but it does limit potential for large additions or extensive landscaping. It's a practical, lower-upkeep yard.

4. How reliable are the sold price ranges shown?
The sold price data is based on publicly available information, not the MLS, and is presented in $50k bands. For fully verified and exact historical sale figures, you must request a manual lookup from the site via email.

5. What does the "rank" and "top X%" mean for each feature?
These metrics show how this property compares to similar homes in three groups: its immediate street, the Norwood West area, and city-wide. For example, living area is "Top 38%" on its street, meaning its size is greater than 38% of the 45 comparable homes on Lloyd Street—so it's around average for the street itself.