766 South Drive

Crescent Park, Winnipeg

Property score

86.0

Excellent

Overall 86.0 · Larger and newer than most nearby homes

2,566 sqft (top 4%) · Built in 1957 (1 yr newer 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

84% larger than neighborhood avg.

Year Built

Above average

1 yrs newer 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

86.0 is composed by the two sections below.

Property Score

84.5Excellent
Living Area2,566 sqft98Excellent
Year Built195743Low
Lot Size34,200 sqft100Excellent
Neighbourhood Sales Activity42Low

Community Score

88.3Excellent
Household Income90Excellent
Education Level91Excellent
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health68Good

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

Elite
2,566 sqft
0255075100
Same streetTop 40%Same areaTop 4%CitywideTop 2%
Same street · South Drive
#43 / 108
Top 40% · Avg 2,437 sqft
Same area · Crescent Park
#34 / 781
Top 4% · Avg 1,396 sqft
Citywide · Winnipeg
#4,789 / 194,458
Top 2% · Avg 1,342 sqft

Tax-Assessed Value

Elite
1.2M
0255075100
Same streetTop 22%Same areaTop 2%CitywideTop 1%
Same street · South Drive
#24 / 108
Top 22% · Avg 985.6k
Same area · Crescent Park
#14 / 781
Top 2% · Avg 458.1k
Citywide · Winnipeg
#1,087 / 194,458
Top 1% · Avg 390.1k

Year Built

above average
1957
0255075100
Same streetTop 29%Same areaTop 15%CitywideBottom 37%

Lot Size

Elite
34,200 sqft
0255075100
Same streetTop 6%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

766 South Drive — 3 amenities found within 500 m, across 2 categories, including 1 education (nearest 451 m), 2 parks (nearest 266 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 1/2025CA$1.9M–1.95M
Sold price

Same street

Top 9%

Same area

Top 1%

City-wide

Top 1%

Related homes

Highlights & common questions: 766 South Drive, Winnipeg

Property Overview: 766 South Drive, Crescent Park, Winnipeg

Section 1: Key Characteristics & Appeal

This 4-level split home, built in 1957, sits on an exceptionally large, private lot of over 34,000 sqft in the established Crescent Park neighborhood. Its primary appeal lies in the combination of generous, modernized living space (2,566 sqft) and a truly elite land parcel that offers rare potential for expansion, gardening, or simply enjoying expansive green space within the city. The home features a renovated basement, adding to its functional living area.

The property suits buyers looking for a long-term family home in a prestigious area, where the value is anchored as much in the land as in the dwelling itself. It’s ideal for those who appreciate established neighborhoods with mature landscaping and who may have a vision for customizing or potentially expanding a home over time. A thoughtful perspective is that while the house itself is above-average in size and condition, its standout feature is the land, positioning it as a legacy property in a city where lots of this size are increasingly uncommon. The recent sale price significantly above the assessed value suggests the market strongly recognizes this unique combination of a solid home on a premier lot.

Section 2: Frequently Asked Questions

1. How does the lot size compare to typical properties?
The lot is exceptionally large. It ranks in the top 1% of properties in Crescent Park and citywide, being over four times the size of an average Winnipeg lot.

2. Is the home recently updated?
The basement has been renovated. As the home is from 1957, buyers should anticipate that other systems and areas may benefit from modernization or updates over time.

3. What does the "Elite" ranking for the area mean?
The rankings show this property is among the very top tier of homes in Crescent Park for both living area and assessed value, indicating it's a premium offering within an already desirable neighborhood.

4. The sale price was much higher than the assessed value. Why?
Assessed value is for municipal tax purposes and often lags behind market value, especially for unique properties. The premium sale price likely reflects the high market demand for a large, private lot in a prime location, which isn't fully captured by the standard assessment formula.

5. What is the potential for this property?
The expansive lot offers significant potential for future enjoyment and investment. This could include additions to the existing home, building a secondary structure (subject to zoning), or simply maintaining a private, park-like setting that is rare in the city.

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