264 Nora Street

West Alexander, Winnipeg

Property score

56.2

Fair

Overall 56.2 · Smaller but newer than most nearby homes

963 sqft (bottom 28%) · Built in 2020 (99 yrs newer than avg)

Located in a above-average income area with median household income of ~68.5k

Transit 76.0 · 1-min walk to transit with 1 nearby route · Within 500m: 3 dining spots, 1 school, 4 parks, and 1 place of worship nearby

Living Area

Below average

26% smaller than neighborhood avg.

Year Built

Above average

99 yrs newer than neighborhood avg.

Mother tongue

English · 61%Tagalog · 10%

Past 10 years West Alexander sales snapshot (~80% of all data)

Sold Count

251

Median price

218.9k

$/sqft

$153/sqft

Avg build year

1921

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

56.2 is composed by the two sections below.

Property Score

51.3Fair
Living Area42
963 sqftLow
Year Built97
2020Excellent
Lot Size18
2,250 sqftLow
Neighbourhood Sales Activity80
Good

Community Score

63.6Fair
Household Income70
Good
Education Level22
Low
Housing Stress100
Excellent
Core Housing Need100
Excellent
Employment Health42
Low

Neighbourhood Sales

West Alexander

How to read: Share of sales in each ~$50k price band for “west alexander” (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: #46110174

Community deep dive

$69K

Median household income

$69K

Average household income

21%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.6

P90 / P10 ratio

18%

Single-person households

18%

Families with children

Population, labour & age

Population (2021)442
Labour force participation rate48%
Median age34.0
Avg household size3.2
Unemployment rate13%
Population density526 / km²

Households & income

Low income (LIM-AT, % pop.)21%
Single-person households18%
Couple families with children18%
Median household income (2020)$69K

Housing

Renter households54%
Condominium dwellings0%
Median dwelling value (owners)$170K

Diversity, education & language

Immigrants (share of pop.)23%
Visible minority30%
Bachelor's or higher (25–64)13%
Mother tongue (1st)English · 61%
Mother tongue (2nd)Tagalog · 10%

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

Rankings

Living Area

below average
963 sqft
0255075100
Same streetBottom 12%Same areaBottom 28%CitywideBottom 23%
Same street · Nora Street
#7 / 8
Bottom 12% · Avg 1,152 sqft
Same area · West Alexander
#557 / 772
Bottom 28% · Avg 1,299 sqft
Citywide · Winnipeg
#150,403 / 194,458
Bottom 23% · Avg 1,342 sqft

Tax-Assessed Value

above average
285k
0255075100
Same streetTop 13%Same areaTop 6%CitywideBottom 25%
Same street · Nora Street
#1 / 8
Top 13% · Avg 135.5k
Same area · West Alexander
#47 / 772
Top 6% · Avg 187.3k
Citywide · Winnipeg
#145,307 / 194,458
Bottom 25% · Avg 390.1k

Year Built

Elite
2020
0255075100
Same streetTop 13%Same areaTop 1%CitywideTop 3%

Lot Size

below average
2,250 sqft
0255075100
Same streetBottom 1%Same areaBottom 7%CitywideBottom 1%

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

264 Nora Street — 9 amenities found within 500 m, across 4 categories, including 3 dining (nearest 162 m), 1 education (nearest 140 m), 4 parks (nearest 114 m).

Search radius
🍽️Dining3
🏫Education1
🌳Parks4
Worship1

Crime & Safety

West Alexander · WPS public data · 2026

Annual incidents

132

2026

vs. city avg

+347%

relative to avg

Year-over-year

-93%

vs. prior year

Primary type

Property

64%

Sales History

Sold 11/2024CA$250k–300k
Sold price

Same street

Top 17%

Same area

Top 7%

City-wide

Bottom 37%
Sold 6/2020CA$200k–250k
Sold price

Same street

Top 33%

Same area

Top 36%

City-wide

Bottom 13%

Related homes

Highlights & common questions: 264 Nora Street, Winnipeg

264 Nora Street – Property Summary

Key Characteristics & Buyer Profile

This is a newly built home (2020) on a modest lot in the West Alexander area of Winnipeg. Its standout feature is the house itself: among the newest properties on the street and in the neighbourhood, where most homes date from around 1919 to 1921. The living space is 963 square feet—smaller than the average for the street, the community, and the city—but the tax assessment is notably high for the area. On Nora Street, it has the highest assessed value. In West Alexander, it sits in the top 6%. That gap between a compact floor plan and a relatively high valuation is worth noting: it reflects the value placed on a modern build in an older neighbourhood, rather than square footage or land. The lot is 2,250 square feet, which is below average even for the street, so outdoor space is limited.

The appeal here is for someone who wants a newer, low-maintenance home without the premium of a large lot. It suits buyers who prioritise energy efficiency, modern construction, and a turnkey condition over space or a big yard. It could also work well for an investor or a downsizer looking to live close to the city core in a house that requires little immediate work. The high assessment relative to neighbours means property taxes will be higher than what other homes on the street pay, but for a 2020 build, that is typical.


Frequently Asked Questions

1. Why is the tax assessment so high compared to other homes on the street?
The 2020 build date is the main reason. Most homes on Nora Street are over a century old, so their assessed values are much lower. New construction is assessed at current market levels, while older homes may still reflect lower historical valuations. This also explains why the assessment is below the citywide average—many newer suburban homes with larger lots push the city average higher.

2. Is the living space too small for a family?
At 963 square feet, this would be tight for a family with children, especially if you need multiple bedrooms or dedicated play space. It's better suited for a couple, a single person, or someone who values location and a newer build over room size. The layout would be the key factor—without seeing it, the square footage suggests a compact two-bedroom or a small three-bedroom at most.

3. How does the lot size affect the property's value?
The 2,250 sqft lot is below average for the street and well below the city norm. That limits expansion options and outdoor use. For some buyers, this is a positive—less yard maintenance—but it also means less privacy and no room for additions like a garage or large deck. For resale, the small lot will likely cap the property's upside compared to homes with more land, even if the house is newer.

4. What does "top 3% in the city for build year" actually mean for living in the home?
It means this is one of the newer homes in Winnipeg, which translates to better insulation, modern building codes, newer mechanical systems, and likely lower utility bills compared to older stock. It also means less immediate repair or renovation work. The trade-off is that you're paying a premium for that newness in a neighbourhood where most homes are much older, so you're not getting the same "value" in terms of space or land that you might find elsewhere.

5. How does this property compare to a typical starter home in Winnipeg?
A typical starter home in Winnipeg might be older (1950s–70s), larger in living area, and on a bigger lot, but with outdated finishes and systems that need updating. This home flips that: smaller and on less land, but new and move-in ready. If your priority is a hassle-free purchase with no major renovations expected for the next decade, this makes sense. If you want room to grow or a large yard, you'll find more space for the same money elsewhere—but you'll be buying a house that's 50 to 100 years older.