2603 Assiniboine Crescent

Birchwood, Winnipeg

Property score

59.4

Fair

Overall 59.4 · Older than most nearby homes

1,140 sqft (bottom 31%) · Built in 1920 (35 yrs older than avg)

Located in a above-average income area with median household income of ~74k

Transit 92.0 · 5-min walk to transit with 6 nearby routes · Within 500m: 6 dining spots, 1 healthcare facility, 1 shop, and 1 park nearby

Living Area

Below average

21% smaller than neighborhood avg.

Year Built

Below average

35 yrs older than neighborhood avg.

Mother tongue

English · 80%Chinese · 2%

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

59.4 is composed by the two sections below.

Property Score

54.5Fair
Living Area1,140 sqft60Fair
Year Built192016Low
Lot Size7,710 sqft91Excellent
Neighbourhood Sales Activity32Low

Community Score

66.8Good
Household Income74Good
Education Level44Low
Housing Stress74Good
Core Housing Need76Good
Employment Health60Fair

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: #46110341

Community deep dive

$74K

Median household income

$88K

Average household income

8%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.7

P90 / P10 ratio

33%

Single-person households

18%

Families with children

Population, labour & age

Population (2021)610
Labour force participation rate51%
Median age44.8
Avg household size2.3
Unemployment rate0%
Population density2904 / km²

Households & income

Low income (LIM-AT, % pop.)8%
Single-person households33%
Couple families with children18%
Median household income (2020)$74K

Housing

Renter households35%
Condominium dwellings0%
Median dwelling value (owners)$336K

Diversity, education & language

Immigrants (share of pop.)16%
Visible minority14%
Bachelor's or higher (25–64)24%
Mother tongue (1st)English · 80%
Mother tongue (2nd)Chinese · 1%

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

Rankings

Living Area

around average
1,140 sqft
0255075100
Same streetBottom 12%Same areaBottom 31%CitywideBottom 44%
Same street · Assiniboine Crescent
#284 / 323
Bottom 12% · Avg 1,763 sqft
Same area · Birchwood
#205 / 295
Bottom 31% · Avg 1,439 sqft
Citywide · Winnipeg
#109,190 / 194,458
Bottom 44% · Avg 1,342 sqft

Tax-Assessed Value

above average
447k
0255075100
Same streetBottom 37%Same areaTop 33%CitywideTop 29%
Same street · Assiniboine Crescent
#203 / 323
Bottom 37% · Avg 533.1k
Same area · Birchwood
#97 / 295
Top 33% · Avg 421.9k
Citywide · Winnipeg
#56,208 / 194,458
Top 29% · Avg 390.1k

Year Built

below average
1920
0255075100
Same streetBottom 7%Same areaBottom 11%CitywideBottom 13%

Lot Size

above average
7,710 sqft
0255075100
Same streetBottom 38%Same areaTop 40%CitywideTop 12%

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

2603 Assiniboine Crescent — 10 amenities found within 500 m, across 5 categories, including 6 dining (nearest 349 m), 1 healthcare (nearest 483 m), 1 shopping (nearest 356 m).

Search radius
🍽️Dining6
🏥Healthcare1
🛒Shopping1
🌳Parks1
Worship1

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 10/2016CA$250k–300k
Sold price

Same street

Bottom 1%

Same area

Bottom 5%

City-wide

Bottom 24%

Related homes

Highlights & common questions: 2603 Assiniboine Crescent, Winnipeg

Property Overview: 2603 Assiniboine Crescent

Key Characteristics, Appeal & Ideal Buyer

This is a well-situated, classic one-storey home in Winnipeg's Birchwood neighbourhood, built in 1920. Its primary appeal lies in its generous 7,710 sqft lot, which places it in the top tier for land size both on its street and within the wider area. This offers significant space for gardening, recreation, or future expansion. The home itself features a renovated basement, adding valuable modernized living space, and a detached garage.

The property presents a compelling profile for specific buyers. It suits a practical buyer or investor who values land size over a newer build, seeing the lot as the primary long-term asset. It's also well-matched for those seeking a home in established Birchwood with room to grow, who are comfortable with the character and potential maintenance considerations of a century-old structure. The assessed value is notably conservative compared to the lot size and recent area sales, which may appeal to buyers attentive to municipal valuation versus market potential. A less obvious perspective is its appeal to a buyer looking for a "blank canvas" property; the large lot combined with a modest, older home creates an opportunity to eventually build a new primary residence while utilizing the existing house or garage in the interim.

Frequently Asked Questions

1. What does the "renovated basement" entail?
The listing confirms the basement has been renovated, but specifics on the scope, finish quality, and whether it includes legal secondary suite potential are not provided. This would be a key point for verification during a viewing.

2. How does the 1920 build year affect the home?
While the lot is a major asset, a 106-year-old home will likely have older building systems (like plumbing, electrical, and the foundation). Prospective buyers should budget for thorough inspections and potential updates to complement the renovated basement.

3. The last sale was in 2016 for $25.5k. What does that indicate?
That sale price is exceptionally low and ranks at the very bottom of the street's history. This typically indicates a non-arms-length transaction, such as a transfer between family members, and is not reflective of the property's market value at that time or today.

4. The assessed value is $44.7k, but what is the likely listing/sale price?
Municipal assessed value for tax purposes is often significantly lower than market value, especially for older homes on large lots. The sale price will be determined by current market conditions, the property's unique lot size, and the home's condition.

5. Why are the "rankings" for Year Built so low?
The rankings compare this 1920 home against all other properties. A "Top 12%" rank in Winnipeg for year built means 88% of homes in the city are newer. This simply quantifies that it is an older home in the broader market context, which is reflected in its price point and appeal.

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