2488 Assiniboine Crescent

Birchwood, Winnipeg

Property score

77.7

Good

Overall 77.7 · Larger and newer than most nearby homes

2,898 sqft (top 1%) · Built in 1964 (9 yrs newer than avg)

Located in a average-income area with median household income of ~61.2k

Transit 92.0 · 4-min walk to transit with 5 nearby routes · Within 500m: 4 dining spots, 2 healthcare facilitys, 2 shops, and 2 parks nearby

Living Area

Above average

101% larger than neighborhood avg.

Year Built

Above average

9 yrs newer than neighborhood avg.

Mother tongue

English · 75%Tagalog · 8%

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

Sold Count

81

Median price

390.5k

$/sqft

$299/sqft

Avg build year

1955

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Property score

77.7 is composed by the two sections below.

Property Score

84.3Excellent
Living Area2,898 sqft98Excellent
Year Built196446Low
Lot Size13,000 sqft98Excellent
Neighbourhood Sales Activity32Low

Community Score

67.8Good
Household Income64Fair
Education Level82Excellent
Housing Stress63Fair
Core Housing Need63Fair
Employment Health68Good

Neighbourhood Sales

Birchwood

How to read: Share of sales in each ~$50k price band for “birchwood” (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: #46110260

Community deep dive

$61K

Median household income

$84K

Average household income

13%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.6

P90 / P10 ratio

41%

Single-person households

12%

Families with children

Population, labour & age

Population (2021)519
Labour force participation rate64%
Median age44.4
Avg household size1.9
Unemployment rate7%
Population density2595 / km²

Households & income

Low income (LIM-AT, % pop.)13%
Single-person households41%
Couple families with children12%
Median household income (2020)$61K

Housing

Renter households79%
Condominium dwellings0%
Median dwelling value (owners)$500K

Diversity, education & language

Immigrants (share of pop.)23%
Visible minority27%
Bachelor's or higher (25–64)43%
Mother tongue (1st)English · 75%
Mother tongue (2nd)Tagalog · 7%

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

Rankings

Living Area

Elite
2,898 sqft
0255075100
Same streetTop 5%Same areaTop 1%CitywideTop 1%
Same street · Assiniboine Crescent
#16 / 323
Top 5% · Avg 1,763 sqft
Same area · Birchwood
#4 / 295
Top 1% · Avg 1,439 sqft
Citywide · Winnipeg
#2,388 / 194,458
Top 1% · Avg 1,342 sqft

Tax-Assessed Value

Elite
738k
0255075100
Same streetTop 11%Same areaTop 2%CitywideTop 3%
Same street · Assiniboine Crescent
#37 / 323
Top 11% · Avg 533.1k
Same area · Birchwood
#5 / 295
Top 2% · Avg 421.9k
Citywide · Winnipeg
#6,013 / 194,458
Top 3% · Avg 390.1k

Year Built

above average
1964
0255075100
Same streetTop 41%Same areaTop 8%CitywideBottom 46%

Lot Size

Elite
13,000 sqft
0255075100
Same streetTop 21%Same areaTop 15%CitywideTop 3%

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

2488 Assiniboine Crescent — 13 amenities found within 500 m, across 7 categories, including 4 dining (nearest 281 m), 2 healthcare (nearest 326 m), 2 shopping (nearest 287 m).

Search radius
🍽️Dining4
🏥Healthcare2
🛒Shopping2
🌳Parks2
Fuel Stations1
Worship1
🏛️Government1

Crime & Safety

Birchwood · WPS public data · 2026

Annual incidents

3

2026

vs. city avg

-90%

relative to avg

Year-over-year

-97%

vs. prior year

Primary type

Property

67%

Sales History

Sold 10/2023CA$800k–850k
Sold price

Same street

Top 7%

Same area

Top 2%

City-wide

Top 2%

Related homes

Highlights & common questions: 2488 Assiniboine Crescent, Winnipeg

Property Overview: 2488 Assiniboine Crescent

Key Characteristics & Appeal

This two-storey home in Birchwood is defined by its generous scale and established setting. Its most prominent feature is a very large, 13,000 sqft lot, placing it in the top 15% of the neighbourhood for land area, offering significant outdoor space and privacy. The nearly 2,900 sqft living area is notably spacious, ranking in the top 1% for size both in the neighbourhood and across Winnipeg, suggesting a layout well-suited for family living or entertaining. The home benefits from a renovated basement, adding functional space.

Its appeal lies in the combination of substantial interior square footage on a premier-sized lot—a rare find in mature neighbourhoods. The property’s assessed value and recent sold price consistently rank in the top 10% of its immediate street and top few percent of the wider area, indicating it is perceived as a premium property within its context. It would best suit buyers looking for a established home with room to grow, who value larger lot sizes over a newer build (the home was constructed in 1964), and who appreciate a home with a strong, quantifiable standing relative to its surroundings.

Frequently Asked Questions

1. How does the age of the home (1964) factor into its value?
While newer homes typically rank higher, this property’s value is driven by its exceptional lot size and living area. Its top-tier rankings for assessed and sold price suggest the market strongly values these physical characteristics over its age.

2. The home has no garage. Is that common for the area?
The data does not specify commonality, but the property’s high value rankings indicate that the absence of a garage has not significantly diminished its market position, likely due to the ample lot space which could permit future addition.

3. What do the percentile rankings (e.g., Top 1%) actually mean?
These rankings directly compare this property to specific groups. For example, "Top 1% in Winnipeg" for living area means it is larger than 99% of Winnipeg homes in the database, providing objective context for its standout features.

4. The lot is large, but how is the neighbourhood?
The property consistently ranks in the top 15% of the Birchwood neighbourhood for key metrics like lot size, living area, and value, suggesting it is among the more substantial and desirable properties in the area.

5. Why is there a difference between the last sold price ($82.1k) and the assessed value ($73.8k)?
Sold price reflects the final market value at a specific time (October 2023), while the assessed value is an estimate for taxation purposes. That the sold price also ranks in the top 2% citywide confirms the market transaction aligned with the property’s high comparative standing.

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