20 Garnet Bay

Crescent Park, Winnipeg

Property score

72.8

Good

Overall 72.8 · Newer than most nearby homes

1,348 sqft (top 34%) · Built in 1955 (1 yr older than avg)

Located in a high-income area with median household income of ~88k

Transit 76.0 · 5-min walk to transit with 4 nearby routes · Within 500m: 9 dining spots, 1 school, 1 shop, and 4 parks nearby

Living Area

Near average

3% smaller than neighborhood avg.

Year Built

Above average

1 yrs older than neighborhood avg.

Mother tongue

English · 68%French · 2%

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

Sold Count

250

Median price

701k

$/sqft

$402/sqft

Avg build year

1956

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Property score

72.8 is composed by the two sections below.

Property Score

64.6Fair
Living Area1,348 sqft71Good
Year Built195536Low
Lot Size6,844 sqft85Excellent
Neighbourhood Sales Activity42Low

Community Score

85.1Excellent
Household Income80Excellent
Education Level100Excellent
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health68Good

Neighbourhood Sales

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.

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: #46110437

Community deep dive

$88K

Median household income

$100K

Average household income

11%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.6

P90 / P10 ratio

25%

Single-person households

25%

Families with children

Population, labour & age

Population (2021)420
Labour force participation rate68%
Median age41.2
Avg household size2.4
Unemployment rate9%
Population density2470 / km²

Households & income

Low income (LIM-AT, % pop.)11%
Single-person households25%
Couple families with children25%
Median household income (2020)$88K

Housing

Renter households37%
Condominium dwellings0%
Median dwelling value (owners)$400K

Diversity, education & language

Immigrants (share of pop.)17%
Visible minority42%
Bachelor's or higher (25–64)65%
Mother tongue (1st)English · 67%
Mother tongue (2nd)French · 2%

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

Rankings

Living Area

above average
1,348 sqft
0255075100
Same streetTop 26%Same areaTop 34%CitywideTop 39%
Same street · Garnet Bay
#9 / 35
Top 26% · Avg 1,289 sqft
Same area · Crescent Park
#267 / 781
Top 34% · Avg 1,396 sqft
Citywide · Winnipeg
#75,134 / 194,458
Top 39% · Avg 1,342 sqft

Tax-Assessed Value

above average
429k
0255075100
Same streetTop 17%Same areaTop 33%CitywideTop 32%
Same street · Garnet Bay
#6 / 35
Top 17% · Avg 415.7k
Same area · Crescent Park
#258 / 781
Top 33% · Avg 458.1k
Citywide · Winnipeg
#62,489 / 194,458
Top 32% · Avg 390.1k

Year Built

above average
1955
0255075100
Same streetBottom 37%Same areaTop 30%CitywideBottom 34%

Lot Size

above average
6,844 sqft
0255075100
Same streetBottom 43%Same areaTop 40%CitywideTop 18%

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

20 Garnet Bay — 16 amenities found within 500 m, across 5 categories, including 9 dining (nearest 223 m), 1 education (nearest 171 m), 1 shopping (nearest 216 m).

Search radius
🍽️Dining9
🏫Education1
🛒Shopping1
🌳Parks4
Worship1

Crime & Safety

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%

Sales History

Sold 3/2017CA$350k–400k
Sold price

Same street

Bottom 37%

Same area

Top 47%

City-wide

Top 41%

Related homes

Highlights & common questions: 20 Garnet Bay, Winnipeg

Property Overview

20 Garnet Bay is a well-maintained, one-storey home built in 1955, situated on a generous 6,844 sqft lot in Winnipeg's Crescent Park neighborhood. Its key appeal lies in its balanced, above-average positioning within its immediate area. The home features 1,348 sqft of living space, which is notably above the average for Garnet Bay itself, and a renovated basement. A detached garage completes the property.

This home would suit a buyer looking for a solid, established property in a quiet neighborhood, offering more interior space than many on its street. It's ideal for those who value a larger lot by city-wide standards and prefer the manageable layout of a single-storey home. The renovated basement adds functional living space, making it a practical choice for small families, downsizers, or first-time buyers seeking a move-in-ready character home without the premium of a newer build. Its assessed value ranks highly on its street, suggesting it is a well-regarded property in its micro-market.


Frequently Asked Questions

How does this home compare in size to others nearby?
At 1,348 sqft, the living area is above the average for homes on Garnet Bay itself, offering more interior space than most direct neighbors. It is very close to the city-wide average for comparable homes.

Is the lot size a significant feature?
Yes. While the lot is around average for the Crescent Park area, it ranks in the top 18% city-wide. This means you get more outdoor space than most properties across Winnipeg, which is a valuable and less replaceable asset.

What does the "above average" assessed value on the street indicate?
A high assessed value rank on its own street often reflects a combination of the property's condition, improvements (like the renovated basement), and its specific location on the block. It suggests the property is considered one of the more valuable homes on Garnet Bay.

The home was built in 1955. What should I consider?
While the home is older, it is actually newer than the average for the broader Crescent Park area. Buyers should prioritize a thorough inspection typical for a home of this age, paying special attention to major systems like plumbing, electrical, and the foundation, which may be original or partially updated.

Why is there a significant difference between the last sale price and the current assessed value?
The home last sold in March 2017 for $371,000. The current assessed value is $429,000. This increase reflects market appreciation over seven years and likely accounts for the value added by the basement renovation. It is important to note that assessed value is for taxation purposes; a professional appraisal or market evaluation will determine its current market value.

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