762 South Drive

Crescent Park, Winnipeg

Property score

84.5

Excellent

Overall 84.5 · Larger than most nearby homes

2,250 sqft (top 8%) · Built in 1953 (3 yrs older than avg)

Located in a high-income area with median household income of ~115k

Transit 64.0 · 1-min walk to transit with 1 nearby route · Within 500m: 1 school, and 2 parks nearby

Living Area

Above average

61% larger than neighborhood avg.

Year Built

Near average

3 yrs older than neighborhood avg.

Mother tongue

English · 83%Chinese · 5%

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

84.5 is composed by the two sections below.

Property Score

81.9Excellent
Living Area96
2,250 sqftExcellent
Year Built36
1953Low
Lot Size100
31,500 sqftExcellent
Neighbourhood Sales Activity42
Low

Community Score

88.3Excellent
Household Income90
Excellent
Education Level91
Excellent
Housing Stress83
Excellent
Core Housing Need100
Excellent
Employment Health68
Good

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: #46110438

Community deep dive

$115K

Median household income

$190K

Average household income

6%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.6

P90 / P10 ratio

24%

Single-person households

29%

Families with children

Population, labour & age

Population (2021)435
Labour force participation rate64%
Median age52.4
Avg household size2.4
Unemployment rate7%
Population density612 / km²

Households & income

Low income (LIM-AT, % pop.)6%
Single-person households24%
Couple families with children29%
Median household income (2020)$115K

Housing

Renter households10%
Condominium dwellings0%
Median dwelling value (owners)$400K

Diversity, education & language

Immigrants (share of pop.)21%
Visible minority17%
Bachelor's or higher (25–64)54%
Mother tongue (1st)English · 82%
Mother tongue (2nd)Chinese · 4%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

above average
2,250 sqft
0255075100
Same streetBottom 46%Same areaTop 8%CitywideTop 6%
Same street · South Drive
#58 / 108
Bottom 46% · Avg 2,437 sqft
Same area · Crescent Park
#60 / 781
Top 8% · Avg 1,396 sqft
Citywide · Winnipeg
#11,113 / 194,458
Top 6% · Avg 1,342 sqft

Tax-Assessed Value

Elite
1.08M
0255075100
Same streetTop 35%Same areaTop 3%CitywideTop 1%
Same street · South Drive
#38 / 108
Top 35% · Avg 985.6k
Same area · Crescent Park
#20 / 781
Top 3% · Avg 458.1k
Citywide · Winnipeg
#1,545 / 194,458
Top 1% · Avg 390.1k

Year Built

around average
1953
0255075100
Same streetBottom 33%Same areaBottom 45%CitywideBottom 31%

Lot Size

Elite
31,500 sqft
0255075100
Same streetTop 11%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

762 South Drive — 3 amenities found within 500 m, across 2 categories, including 1 education (nearest 427 m), 2 parks (nearest 259 m).

Search radius
🏫Education1
🌳Parks2

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 4/2021CA$900k–950k
Sold price

Same street

Top 36%

Same area

Top 2%

City-wide

Top 1%

Related homes

Highlights & common questions: 762 South Drive, Winnipeg

Property Overview: 762 South Drive, Crescent Park, Winnipeg

Section 1: Key Characteristics & Appeal

This one-storey home on South Drive is defined by its substantial and private grounds. Sitting on a 31,500 sqft lot, the property offers land space that ranks in the top 1% for both the Crescent Park neighborhood and the entire city. This creates a rare sense of seclusion and potential for gardens, recreation, or expansion that is increasingly hard to find within city limits. The 2,250 sqft living area is comfortably above the city average, and the home features a renovated basement and an attached garage.

The primary appeal lies in its established, elite location combined with exceptional outdoor space. While the house itself is from 1953, its assessed value places it in the top 3% of Crescent Park, indicating a premium address. It suits buyers who prioritize land and location over a brand-new build—specifically, those looking for a quiet, mature setting with room to breathe, yet still within a prestigious area. It would be ideal for a family seeking space for children and pets to play, or for someone who values gardening and outdoor entertaining on a grand scale. The renovated basement adds functional living space, appealing to those needing a rec room, home office, or separate suite.

Section 2: Frequently Asked Questions

1. How does the home’s value compare to its last sale price?
The home sold for $940,000 in April 2021. Its current assessed value is $1.08M, which reflects market appreciation and the premium value placed on large lots in this area.

2. Is the lot size typical for South Drive and Crescent Park?
No, it is exceptional. The lot is over 50% larger than the average on South Drive (20,278 sqft) and nearly four times the average lot size in the broader Crescent Park area (7,902 sqft).

3. What does the "Elite" ranking for Land Area and Assessed Value mean?
These badges indicate the property ranks in the top ~1-5% of all comparable properties city-wide for those specific metrics. It underscores that the lot size and official valuation are among the highest percentile in Winnipeg.

4. The home is from 1953. What should I consider?
While the structure is older, the basement has been renovated, suggesting some updates. A thorough inspection is essential to understand the condition of major systems (roof, plumbing, electrical, foundation) common to homes of this era, and to plan for any future modernization of the main living areas.

5. Who are the immediate neighbors, and how close are they?
The listing shows several nearby properties on South Drive, with the closest houses approximately 25-30 meters away. However, the very large lot size means the home likely enjoys more distance and privacy than is typical for the street.