Property score
85.4
Excellent
Overall 85.4 · Larger but older than most nearby homes
3,037 sqft (top 2%) · Built in 1931 (25 yrs older than avg)
Located in a high-income area with median household income of ~128k
Transit 56.0 · 4-min walk to transit with 1 nearby route · Within 500m: 1 school, 3 parks, and 1 place of worship nearby
Living Area
Above average
118% larger than neighborhood avg.
Year Built
Below average
25 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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85.4 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
731 South Drive — 5 amenities found within 500 m, across 3 categories, including 1 education (nearest 173 m), 3 parks (nearest 278 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 45% | Top 3% | Top 2% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This 1931 two-and-a-half storey home on South Drive in Winnipeg's Crescent Park neighbourhood offers a distinct blend of historic character and generous space. Its primary appeal lies in its substantial 3,037 sqft living area and 18,500 sqft lot, which place it among the elite 1-4% of homes city-wide for size. While the home itself is notably older than most in the area, it features a renovated basement, a detached garage, and a pool. The assessed value of $1.05M is considered elite city-wide but is around average for prestigious South Drive itself, suggesting the value is anchored more in the location and land than in the modern condition of the structure.
This property would best suit a buyer looking for a project within an established, high-status neighbourhood—someone who values the potential of a large, private lot and spacious floor plan over move-in-ready modern finishes. It’s a solid candidate for those interested in gradual renovation or who appreciate the architectural character of a 95-year-old home. The pool and expansive grounds also make it a fit for families or entertainers who prioritize private outdoor space.
Frequently Asked Questions
1. Is the price justified given the home's age?
The data suggests the value is driven significantly by its elite lot and living space within a top-tier neighbourhood. You are paying a premium for location and land size, with the understanding that the 1931 structure may require updates.
2. What does the "renovated basement" entail?
The listing notes a renovated basement, but specifics on the scope, quality, and permits should be verified through a viewing and inspection. It's an important feature to clarify given the home's overall age.
3. How does the assessed value compare to the last sale price?
The home was last sold in September 2016 for $81,500. The current $1.05M assessment reflects a substantial increase, indicative of both market changes and the property's standing within this desirable area.
4. What are the ongoing costs like for a home of this vintage?
While offering great space, a 95-year-old home typically comes with higher maintenance and utility costs than a modern build. Budgeting for potential updates to systems like plumbing, electrical, or windows is prudent.
5. The lot is large, but how is it configured?
At 18,500 sqft, the lot is a major asset. A buyer should assess its layout, sun exposure, and how the existing pool and garage are situated to understand its full potential for gardening, expansion, or recreation.
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