742 South Drive

Crescent Park, Winnipeg

Property score

86.3

Excellent

Overall 86.3 · Larger but older than most nearby homes

3,220 sqft (top 2%) · Built in 1946 (10 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, and 3 parks nearby

Living Area

Above average

131% larger than neighborhood avg.

Year Built

Below average

10 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

86.3 is composed by the two sections below.

Property Score

83.1Excellent
Living Area100
3,220 sqftExcellent
Year Built30
1946Low
Lot Size100
27,000 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
3,220 sqft
0255075100
Same streetTop 19%Same areaTop 2%CitywideTop 1%
Same street · South Drive
#20 / 108
Top 19% · Avg 2,437 sqft
Same area · Crescent Park
#12 / 781
Top 2% · Avg 1,396 sqft
Citywide · Winnipeg
#1,395 / 194,458
Top 1% · Avg 1,342 sqft

Tax-Assessed Value

Elite
1.06M
0255075100
Same streetTop 38%Same areaTop 3%CitywideTop 1%
Same street · South Drive
#41 / 108
Top 38% · Avg 985.6k
Same area · Crescent Park
#23 / 781
Top 3% · Avg 458.1k
Citywide · Winnipeg
#1,643 / 194,458
Top 1% · Avg 390.1k

Year Built

below average
1946
0255075100
Same streetBottom 14%Same areaBottom 7%CitywideBottom 23%

Lot Size

Elite
27,000 sqft
0255075100
Same streetTop 21%Same areaTop 1%CitywideTop 1%

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

742 South Drive — 4 amenities found within 500 m, across 2 categories, including 1 education (nearest 306 m), 3 parks (nearest 263 m).

Search radius
🏫Education1
🌳Parks3

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 5/2016CA$850k–900k
Sold price

Same street

Top 45%

Same area

Top 2%

City-wide

Top 1%

Related homes

Highlights & common questions: 742 South Drive, Winnipeg

Property Overview: 742 South Drive, Crescent Park, Winnipeg

Section 1: Key Characteristics & Appeal

This is a property defined by space and potential. The primary draw is its exceptionally large 27,000 sqft lot, which places it in the top 1% of properties city-wide for land area. This offers rare privacy and scope for gardens, recreation, or future expansion in a mature, established neighbourhood. The home itself is a spacious 3,220 sqft one-storey, built in 1946, offering ample living area that ranks well above average for both the street and the city.

Its appeal lies in a unique combination: the lot provides a premium, almost rural sense of space within the city, while the house presents a solid, spacious canvas. The property suits a specific buyer: someone with a vision for renovation or customization who values the irreplaceable asset of land over a move-in-ready finish. It’s ideal for a family seeking room to grow outdoors, a multi-generational household needing separate spaces, or a buyer who sees the long-term value in updating a character home on a spectacular lot. The detached garage and full (though unrenovated) basement add to the functional potential.

A thoughtful perspective: while the home’s age and condition require investment, its assessed value is notably higher than its last sale price in 2016, suggesting the market recognizes the underlying value of the land and structure. This isn't a typical cosmetic flip; it's a legacy property for a buyer planning a long-term transformation.

Section 2: Frequently Asked Questions

1. What does "basement, not renovated" typically mean?
It indicates the basement is undeveloped or in its original state. Expect a functional space for utilities and storage, but not finished living areas like a rec room or bedroom. This represents both a cost consideration and an opportunity to customize the space to your needs.

2. How significant is the lot size practically?
At over half an acre, it's substantial. Beyond gardening, it allows for features like a large workshop, sport court, or significant landscaping projects that aren't possible on standard city lots. It also provides a notable buffer from neighbours and street noise.

3. The home is older. What should I budget for?
While systems and structure can vary, a home from 1946 will likely require updates to roofing, plumbing, electrical, and insulation to modern standards. A thorough inspection is essential to budget for these priorities alongside any desired cosmetic renovations.

4. The last sale price seems low compared to the current assessment. Why?
The property sold in 2016 for $87,500, while its current assessed value is $1.06M. This large gap reflects significant market appreciation over eight years, particularly for land, and possibly substantial improvements made by the current owner that increased the taxable value.

5. Who handles snow removal and maintenance on such a large property?
The homeowner is responsible for all maintenance of the private lot, including driveway snow clearing and lawn care. The scale of the land means factoring in higher costs for these services or the time/equipment needed to do it yourself.