648 Oakenwald Avenue

Crescent Park, Winnipeg

79.5

Good

Overall 79.5

Larger and newer than most nearby homes

1,483 sqft (top 28%)

Built in 1985 (29 yrs newer than avg)

Located in a high-income area

with median household income of ~128k

Transit 56.0

2-min walk to transit with 1 nearby route

Within 500m: 2 schools, 3 parks, and 1 place of worship nearby

Living Area

Above average

6% larger than neighborhood avg.

Year Built

Above average

29 yrs newer than neighborhood avg.

Mother tongue

English · 89%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

79.5 is composed by the two sections below.

Property Score

71.7Good
Living Area1,483 sqft75Good
Year Built198573Good
Lot Size5,043 sqft67Good
Neighbourhood Sales Activity42Low

Community Score

91.2Excellent
Household Income91Excellent
Education Level100Excellent
Housing Stress74Good
Core Housing Need100Excellent
Employment Health83Excellent

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: #46110465

Community deep dive

$128K

Median household income

$268K

Average household income

9%

Low income (LIM-AT)

0.5

Income inequality (Gini)

8.0

P90 / P10 ratio

30%

Single-person households

30%

Families with children

Population, labour & age

Population (2021)423
Labour force participation rate74%
Median age48.0
Avg household size2.4
Unemployment rate6%
Population density863 / km²

Households & income

Low income (LIM-AT, % pop.)9%
Single-person households30%
Couple families with children30%
Median household income (2020)$128K

Housing

Renter households16%
Condominium dwellings0%
Median dwelling value (owners)$448K

Diversity, education & language

Immigrants (share of pop.)2%
Visible minority6%
Bachelor's or higher (25–64)64%
Mother tongue (1st)English · 89%
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
1,483 sqft
0255075100
Same streetTop 21%Same areaTop 28%CitywideTop 32%
Same street · Oakenwald Avenue
#24 / 113
Top 21% · Avg 1,283 sqft
Same area · Crescent Park
#218 / 781
Top 28% · Avg 1,396 sqft
Citywide · Winnipeg
#61,397 / 194,458
Top 32% · Avg 1,342 sqft

Tax-Assessed Value

above average
405k
0255075100
Same streetTop 26%Same areaTop 50%CitywideTop 37%
Same street · Oakenwald Avenue
#29 / 113
Top 26% · Avg 380.4k
Same area · Crescent Park
#391 / 781
Top 50% · Avg 458.1k
Citywide · Winnipeg
#72,157 / 194,458
Top 37% · Avg 390.1k

Year Built

Elite
1985
0255075100
Same streetTop 4%Same areaTop 6%CitywideTop 29%

Lot Size

around average
5,043 sqft
0255075100
Same streetBottom 22%Same areaBottom 7%CitywideBottom 46%

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

648 Oakenwald Avenue — 6 amenities found within 500 m, across 3 categories, including 2 education (nearest 136 m), 3 parks (nearest 120 m).

Search radius
🏫Education2
🌳Parks3
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 5/2022CA$400k–450k
Sold price

Same street

Top 11%

Same area

Top 26%

City-wide

Top 27%

Related homes

Highlights & common questions: 648 Oakenwald Avenue, Winnipeg

Property Overview: 648 Oakenwald Avenue, Crescent Park, Winnipeg

Key Characteristics & Appeal

This 1985-built, four-level split home sits on a 5,043 sqft lot in Winnipeg's Crescent Park neighbourhood. With 1,483 sqft of living space, the home offers above-average roominess for both its immediate street and the broader area. Its key appeal lies in its modern age relative to the community; built in 1985, it is notably newer than most homes on Oakenwald Avenue and in Crescent Park, potentially meaning fewer concerns with outdated major systems. The property features a detached garage and an unrenovated basement, presenting a solid blank canvas.

The home suits practical buyers looking for a well-sized, relatively modern structure in a mature neighbourhood. It’s ideal for someone who values a larger living area and a newer build date over a massive lot, and who sees potential in a basement that awaits their personal touch. The sale history shows it sold for $430k in May 2022, a price that was above average for the street, indicating a perceived premium for its characteristics at that time.

Frequently Asked Questions

1. How does the lot size compare to others?
The lot is 5,043 sqft, which is below the average for both Oakenwald Avenue and the Crescent Park neighbourhood, but is close to the city-wide average. This suggests a more manageable yard for maintenance while still providing outdoor space.

2. Why is the year built highlighted as a key feature?
The home was built in 1985, making it significantly newer than the typical home on its street (average year built: 1949) and in Crescent Park (average: 1956). This "newer" build in an older area can be a major advantage for maintenance and system updates.

3. What does "above average" for living area mean here?
With 1,483 sqft, the home has more living space than approximately 79% of comparable homes on its street and 72% in the neighbourhood. For buyers seeking interior space, this is a relative strength of the property.

4. Is the assessed value a reliable indicator of the expected sale price?
The assessed value is a municipal figure for tax purposes and is not a market appraisal. The home last sold for $430k in 2022, which is a more relevant, though historical, data point for understanding its market value.

5. What should I know about the basement?
The listing specifies the basement exists but is "not renovated." This indicates it is functional space but requires finishing or updating, representing both a project and an opportunity for customization and added value.

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