Property score
48.5
Below average
Overall 48.5 · Smaller and older than most nearby homes
650 sqft (bottom 19%) · Built in 1959 (23 yrs older than avg)
Located in a above-average income area with median household income of ~87k
Transit 94.0 · 1-min walk to transit with 4 nearby routes · Within 500m: 11 dining spots, 4 schools, 1 shop, and 3 parks nearby
ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ
Below average
39% smaller than neighborhood avg.
ਤਰੀਕ ਤੋਂ ਬਣਿਆ
Below average
23 yrs older than neighborhood avg.
Mother tongue
English · 78%Punjabi · 2%
Past 10 years Crescent Park sales snapshot (~80% of all data)
38
375.5k
$308/sqft
1982
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48.5 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” (ਕੋਂਡੋ, 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.
ਸਾਲ: ਨਵਾਂ = ਬਿਹਤਰ ਰੈਂਕ
ਰਹਿਣ ਖੇਤਰ: ਵੱਡਾ = ਬਿਹਤਰ ਰੈਂਕ
ਮੁਲਾਂਕਣ: ਉੱਚਾ ਮੁੱਲ = ਬਿਹਤਰ ਰੈਂਕ
ਬਾਰ: ਭਰਨ ਦੀ ਲੰਬਾਈ ≈ ਤੁਸੀਂ ਕਿੰਨੇ ਸਹਿਪਾਠੀਆਂ ਨੂੰ ਪਛਾੜਦੇ ਹੋ; ਧੁਰੀ ਉੱਤੇ ਲਾਲ → ਪੀਲਾ → ਨੀਲਾ ਗਰੇਡੀਐਂਟ (ਖੱਬੇ ਤੋਂ ਸੱਜੇ)। ਟੂਟੀ ਲੰਬਵਤ ਲਕੀਰ ≈ ਮੀਡੀਅਨ ਬੈਂਚਮਾਰਕ; ਚਿੱਟਾ ਟਿਕ (ਹਲਕੀ ਛਾਂ) = ਤੁਹਾਡੀ ਸਥਿਤੀ। ਬੈਜ ਰੰਗ / diamond ਤੇ flame ਆਈਕਨ ਅਜੇ ਵੀ ਟਾਇਰ ਦੇ ਅਨੁਸਾਰ।
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.
ਨੇੜੇ ਦੇ ਸਟਾਪ, ਰੂਟ ਅਤੇ ਟ੍ਰਾਂਜ਼ਿਟ ਸਕੋਰ
Dining, education, healthcare, shopping & more
5-1462 Pembina Highway — 20 amenities found within 500 m, across 5 categories, including 11 dining (nearest 76 m), 4 education (nearest 367 m), 1 shopping (nearest 106 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%
ਉਹੀ ਸਟ੍ਰੀਟ
ਉਹੀ ਇਲਾਕਾ
ਪੂਰਾ ਸ਼ਹਿਰ
| ਮਾਪ | ਉਹੀ ਸਟ੍ਰੀਟ | ਉਹੀ ਇਲਾਕਾ | ਪੂਰਾ ਸ਼ਹਿਰ |
|---|---|---|---|
ਵਿਕਰੀ ਮੁੱਲ | ਹੇਠਲੇ 11% | ਹੇਠਲੇ 24% | ਹੇਠਲੇ 10% |
Request exact figures by email
Address · Year Built · Living Area
ਪਤਾ · ਦੂਰੀ
Property Overview & Key Characteristics
This is a compact, 650 sqft property built in 1959, located at 5-1462 Pembina Highway in Winnipeg's Crescent Park neighbourhood. Its primary appeal lies in its exceptionally low financial barrier to entry, as reflected in its assessed value of $13,600 and a 2016 sale price of $14,400. The data indicates it ranks well below the average for size, value, and year built when compared to similar properties on its street, in its neighbourhood, and across Winnipeg. There is no basement, garage, or pool.
This property would suit a very specific buyer: an investor looking for a minimal-cost entry into the market, perhaps for rental purposes, or a buyer seeking the absolute lowest possible purchase price who is comfortable with a very small footprint. Its location directly on Pembina Highway offers high visibility and potential for commercial or mixed-use, depending on zoning, which could be a unique angle not immediately apparent from the residential metrics.
Frequently Asked Questions
1. Why is the assessed value so much lower than other homes?
The assessed value is based on factors like the property's small size (650 sqft), its age (built in 1959), and its specific characteristics (no basement, no garage). The data shows it consistently ranks in the bottom tiers for value among comparable properties.
2. What type of building is this? Is it a house or an apartment?
The listing does not specify a building type. The address format (Unit 5) and the list of neighbouring units (e.g., 10-1462, 2-1462 Pembina Highway) suggest it is likely a condominium or townhouse unit within a larger complex.
3. Is this a good investment opportunity?
Its low cost presents a unique, low-risk entry point. However, key investment factors like condo fees, the condition of the common elements of the complex, and rental demand for a very small unit on a busy highway would require thorough investigation.
4. How does the 2016 sale price relate to today's value?
The 2016 sale price of $14,400 provides a historical benchmark. Current value would be influenced by market changes over the past eight years, the property's condition, and any updates made since that sale.
5. What are the main trade-offs with a property like this?
You are trading space, modern features, and potentially quiet for an extremely low purchase price. Considerations include the small living area, proximity to busy Pembina Highway traffic, and the age of the building, which may come with higher maintenance needs.
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