67.5
Good
Property score
67.5
Good
Overall 67.5
Compared with neighbourhood average
1,105 sqft (bottom 32%)
Built in 1954 (2 yrs older than avg)
Located in a above-average income area
with median household income of ~87k
Transit 76.0
7-min walk to transit with 4 nearby routes
Within 500m: 1 dining spot, 3 schools, 4 parks, and 1 place of worship nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
21% smaller than neighborhood avg.
Year Built
Near average
2 yrs older than neighborhood avg.
Mother tongue
English · 78%Punjabi · 2%
Past 10 years Crescent Park sales snapshot (~80% of all data)
250
701k
$402/sqft
1956
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67.5 is composed by the two sections below.
Property Score
Community Score
Crescent Park
How to read: Share of sales in each ~$50k price band for “crescent park” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.
Sales-to-New-Listings
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
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.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110439
$87K
Median household income
$122K
Average household income
10%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.7
P90 / P10 ratio
31%
Single-person households
25%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
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.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
18 Crowson Bay — 9 amenities found within 500 m, across 4 categories, including 1 dining (nearest 406 m), 3 education (nearest 347 m), 4 parks (nearest 173 m).
Crescent Park · WPS public data · 2026
Annual incidents
17
2026
vs. city avg
-42%
relative to avg
Year-over-year
▼ -92%
vs. prior year
Primary type
Property
88%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 37% | Bottom 29% | Bottom 45% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This one-storey home at 18 Crowson Bay in Winnipeg’s Crescent Park neighbourhood presents a practical opportunity. Built in 1954, it sits on a just-under-6,000 sqft lot and offers 1,105 sqft of living space, with a renovated basement and a detached garage. Its assessed value is notably lower than many direct neighbours, which can be appealing from a property tax perspective. The home last sold in January 2022 for $320,000.
Key Characteristics & Appeal
The primary appeal of this property lies in its balance of established neighbourhood character and relative value. Its living space and lot size are squarely average for the street and area, meaning it fits right in without standing out. A key, less obvious characteristic is its age: on Crowson Bay itself, it's among the newer homes (top 6%), which may suggest slightly more modern construction or updates compared to immediate neighbours. The renovated basement adds functional living space. The significantly below-average assessed value for the area could indicate a tax advantage, or it may reflect the home’s condition or features relative to peers.
This home would suit a first-time buyer or a downsizer looking for a manageable, single-level layout in a mature neighbourhood. It’s also a candidate for a value-conscious buyer who sees potential in the discrepancy between its assessed value and potential market value, or who prioritizes lower ongoing property taxes.
Frequently Asked Questions
1. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. This would require clarification on the finish quality, rooms created (e.g., bedroom, living area), and whether permits were obtained.
2. Why is the assessed value so much lower than neighbouring homes?
Assessment is based on a mass appraisal system considering factors like lot size, building area, age, and condition. A lower assessment can stem from differences in interior condition, specific market valuations, or updates not yet reflected in the assessment roll. It typically results in lower property taxes.
3. How does the 2022 sale price relate to today's value?
The $320,000 sale price from early 2022 is a historical data point. Current market value will be influenced by changes in the market since then, any updates made to the property, and recent comparable sales.
4. What are the implications of a detached garage?
A detached garage offers flexibility and can reduce noise transfer from vehicles or a workshop into the house. The trade-off is convenience, requiring you to go outside to access your vehicle, which can be a consideration during Winnipeg winters.
5. Is the property's "average" size a positive or a negative?
In this context, "average" is neutral. It means the home is neither unusually small nor large for Crescent Park, which can be a stability advantage. It likely matches neighbourhood expectations, which can be beneficial for long-term value and does not stick out for being an outlier.
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