Property score
78.5
Good
Overall 78.5 · Larger but older than most nearby homes
1,635 sqft (top 20%) · Built in 1922 (34 yrs older than avg)
Located in a high-income area with median household income of ~128k
Transit 64.0 · 1-min walk to transit with 1 nearby route · Within 500m: 1 school, 3 parks, and 1 place of worship nearby
Living Area
Above average
17% larger than neighborhood avg.
Year Built
Below average
34 yrs older than neighborhood avg.
Mother tongue
English · 89%French · 2%
Past 10 years Crescent Park sales snapshot (~80% of all data)
250
701k
$402/sqft
1956
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78.5 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: #46110465
$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
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
701 South Drive — 5 amenities found within 500 m, across 3 categories, including 1 education (nearest 213 m), 3 parks (nearest 99 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 5% | Top 44% | Top 39% |
Request exact sold prices and history by email
Address · Distance
Address · Tax-Assessed Value
Property Overview: 701 South Drive, Crescent Park, Winnipeg
Section 1: Key Characteristics & Appeal
This one-and-a-half storey home, built in 1922, presents a unique profile in the Crescent Park neighborhood. Its key characteristics include a renovated basement, an attached garage, and a living area of 1,635 sqft. The property stands out for its generous 9,845 sqft lot, which is significantly larger than most city-wide and neighborhood averages, offering substantial outdoor space and potential in a mature setting.
The appeal lies in its position as a character home on a prime, sizable lot within a well-established area. While the home itself is more modest in size and assessed value compared to its immediate street (South Drive), it represents an above-average offering for the broader Crescent Park area and the city as a whole. This creates an interesting value proposition: you are acquiring a lot with premium dimensions and neighborhood standing, paired with a home that may offer renovation or expansion opportunities. It would suit a buyer looking for a character property with ample yard space, who values the established trees and feel of an older neighborhood over a new-build. It could also appeal to a value-conscious buyer seeking entry into a desirable area, willing to invest in updates over time.
Section 2: Frequently Asked Questions
1. Is the low assessed value a concern?
Not necessarily. The assessed value is used for calculating property taxes and often lags behind market value, especially for older homes with recent renovations or unique lot sizes. Its value is above average for Crescent Park, which is a more relevant comparison than its specific street.
2. What does "below average" for the house on South Drive mean?
South Drive appears to consist of larger, potentially higher-value homes. This property offers a different profile—a classic, older home on a large lot—which may be priced accessibly compared to its neighbors while still benefiting from the same location.
3. How significant is the lot size?
Very. A lot of nearly 10,000 sqft in this area is a notable asset. It provides privacy, space for gardens, recreation, or future additions like a deck or garage, which is increasingly rare in city neighborhoods.
4. What should I consider about a 104-year-old home?
While the basement is noted as renovated, a home of this age requires a thorough inspection. Focus on the foundation, roof, plumbing, electrical systems, and insulation. The charm comes with a responsibility to understand its maintenance needs and potential upgrade costs.
5. Why is the last sale price from 2017 so different from the current assessed value?
The 2017 sale price is a historical data point and reflects the market conditions and the property's state at that time. The current assessed value and any future listing price will be based on today's market, recent improvements, and the property's inherent assets like its lot size.
