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Multi Family Homes For Sale in Norwood, Winnipeg

0 Multi Family Homes for Sale in Norwood, Winnipeg

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Norwood Market

Use our home price trends to better gauge local market conditions and plan your next move. The graphs below show benchmark or average prices of homes sold in the area. Data generated by MLS® Systems and the MLS® Home Price Index (HPI) — Canada’s most advanced tool to gauge local home price levels and trends.
Past 12 months
Past 10 years
Market Price (CAD)
$360,500
Difference over last year (%)
5.2
Ask a REALTOR® for more detailed market information.

Norwood

Norwood is a community within Winnipeg, Manitoba, which is located in the Greater Winnipeg metropolitan area.

Transportation

This part of Winnipeg permits property owners to travel by several methods of transportation. Norwood is transit friendly. The community is connected by a few bus lines, and most residences are very close to a bus stop. It is also easy for people travelling on foot to move around in Norwood; many daily needs can be met by walking, and plenty of businesses are reasonably close by. Active property owners will appreciate the cycling-friendly character of Norwood. More specifically, cyclists do not encounter significant slopes.

Services

It is a very short walk to get to daycares and schools from anywhere in Norwood. Apart from public schools, there are private primary and secondary schools. Regarding food, the nearest grocery store in Norwood is typically only a short walk away. Additionally, there is commonly a restaurant or cafe just around the corner, for example along Marion Street.

Character

Home buyers who prefer a relaxed environment will enjoy Norwood. This area is very quiet, as noise from the streets and other parts of the city is rarely an issue. Lastly, there are about 20 green spaces close by for residents to relax in, like Lyndale Drive Park South and Donald Riverbank, and they are especially well-distributed, making them very easy to access.

Housing

In Norwood, roughly 60% of dwellings are single detached homes, while small apartment buildings make up most of the remaining housing stock. Most housing in this community was constructed before the 1960s, during its main construction boom. This community is primarily composed of three bedroom and two bedroom homes. Homeowners occupy around two thirds of the properties in Norwood while the rest are rented.
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