715 South Drive

Crescent Park, Winnipeg

Property score

83.2

Excellent

Overall 83.2 · Larger but older than most nearby homes

2,688 sqft (top 4%) · Built in 1902 (54 yrs older 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: 1 school, 4 parks, and 1 place of worship nearby

Living Area

Above average

93% larger than neighborhood avg.

Year Built

Below average

54 yrs older 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

83.2 is composed by the two sections below.

Property Score

77.9Good
Living Area98
2,688 sqftExcellent
Year Built10
1902Low
Lot Size100
18,362 sqftExcellent
Neighbourhood Sales Activity42
Low

Community Score

91.2Excellent
Household Income91
Excellent
Education Level100
Excellent
Housing Stress74
Good
Core Housing Need100
Excellent
Employment Health83
Excellent

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

Elite
2,688 sqft
0255075100
Same streetTop 36%Same areaTop 4%CitywideTop 2%
Same street · South Drive
#39 / 108
Top 36% · Avg 2,437 sqft
Same area · Crescent Park
#28 / 781
Top 4% · Avg 1,396 sqft
Citywide · Winnipeg
#3,661 / 194,458
Top 2% · Avg 1,342 sqft

Tax-Assessed Value

Elite
713k
0255075100
Same streetBottom 35%Same areaTop 6%CitywideTop 4%
Same street · South Drive
#70 / 108
Bottom 35% · Avg 985.6k
Same area · Crescent Park
#44 / 781
Top 6% · Avg 458.1k
Citywide · Winnipeg
#6,949 / 194,458
Top 4% · Avg 390.1k

Year Built

below average
1902
0255075100
Same streetBottom 1%Same areaBottom 1%CitywideBottom 1%

Lot Size

Elite
18,362 sqft
0255075100
Same streetBottom 48%Same areaTop 4%CitywideTop 2%

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

715 South Drive — 6 amenities found within 500 m, across 3 categories, including 1 education (nearest 143 m), 4 parks (nearest 142 m).

Search radius
🏫Education1
🌳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 10/2024CA$800k–850k
Sold price

Same street

Bottom 41%

Same area

Top 3%

City-wide

Top 2%

Related homes

Highlights & common questions: 715 South Drive, Winnipeg

Property Summary: 715 South Drive, Crescent Park, Winnipeg

Key Characteristics & Appeal

This is a substantial, character-filled home built in 1902, situated on an exceptionally large lot in the desirable Crescent Park neighbourhood. The property’s primary appeal lies in its unique combination of historic charm, generous space, and a premier location. With 2,688 sqft of living space, the home is significantly larger than most in Winnipeg and sits on a private 18,362 sqft lot that ranks among the city’s elite for size. A renovated basement and attached garage add modern functionality.

Its charm is balanced by a clear project aspect, given its age. It suits a specific buyer: someone seeking a legacy property with room to grow, garden, or entertain, who values space and location over a modern build. It’s ideal for a buyer comfortable with the stewardship of a historic home, possibly looking to tailor it further over time. The recent sale price significantly above the assessed value suggests the market places a high premium on this rare combination of lot size and location that official valuations don't fully capture.

Frequently Asked Questions

1. What does the "renovated basement" entail?
The listing confirms the basement is renovated, but specifics on finish quality, ceiling height, moisture management, and legal egress should be verified through a viewing and inspection, especially in a home of this age.

2. How does the assessed value compare to the sale price?
The home recently sold for $800,000, while its last assessed value was $71,300. This large discrepancy is common for older, character homes on premium lots, as the market value heavily reflects the irreplaceable land and location, whereas the assessment is formula-driven and often lags behind rapid market shifts in desirable areas.

3. What are the implications of the 1902 build date?
While offering classic character, a home this old requires diligent maintenance. Prospective buyers should prioritize a thorough inspection focusing on foundational integrity, updated electrical and plumbing systems, insulation, and the roof. The charm comes with the responsibility of ongoing care.

4. Is the large lot a benefit or a burden?
It is a major asset for privacy, gardening, or expansion, but it also means higher property taxes and more yard maintenance. The lot size is a key driver of the property's value and elite ranking within the city.

5. How does this home rank compared to its neighbours?
The data shows a fascinating contrast. On its own street of large homes (South Drive), its lot and living space are around average. However, within the broader Crescent Park neighbourhood and city-wide, it ranks in the elite top 2-5% for both lot and living area, highlighting its truly exceptional standing in the wider market.