Property score
72.0
Good
Overall 72.0 · Older than most nearby homes
1,104 sqft (bottom 31%) · Built in 1951 (5 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: 2 schools, 2 parks, and 2 place of worships nearby
Living Area
Below average
21% smaller than neighborhood avg.
Year Built
Below average
5 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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72.0 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
800 Lyon Street — 6 amenities found within 500 m, across 3 categories, including 2 education (nearest 117 m), 2 parks (nearest 289 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 41% | Bottom 20% | Bottom 39% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview & Key Characteristics
This is a classic, single-storey home built in 1951, situated on a notably large lot in Winnipeg's Crescent Park neighbourhood. Its primary appeal lies in the land itself—at 8,754 sqft, the property offers a generous, above-average-sized yard that is a rarity within the city. The home's living space is modest at 1,104 sqft, and it features a detached garage. Recent sale and assessed values are significantly below average for its immediate street and neighbourhood, but align more closely with the wider Winnipeg average. This creates a distinct value proposition centered on land potential rather than the existing structure.
The property would best suit a specific type of buyer: those looking for a blank canvas. It's ideal for someone with renovation or rebuilding plans who wants to secure a prime, sizable lot in an established area. It could also appeal to an investor seeking a hold-and-develop opportunity, or a buyer who prioritizes extensive outdoor space over a large interior footprint. The lower entry price reflects the work needed, making it less suitable for those seeking a move-in-ready home.
Frequently Asked Questions
1. Why is the sale price so much lower than other homes in Crescent Park?
The price reflects the property's condition, age, and modest living area relative to its lot size. You are primarily investing in the land, with the understanding that the existing home likely requires significant updating or replacement.
2. What can I do with such a large lot?
Beyond a spacious backyard, a lot of this size offers flexibility for future expansion, adding a secondary suite (subject to zoning), or even subdividing if local regulations allow. It provides room for gardens, recreational space, or future outbuildings.
3. Is the low assessed value a concern?
Not necessarily. It typically indicates the city's valuation of the property in its current state. A new owner making substantial improvements or building a new home would trigger a reassessment, aligning future taxes with the new market value.
4. What are the less obvious considerations with a 1950s bungalow?
While charming, be prepared for potential foundational, electrical, or plumbing updates that align with its age. However, the simple one-storey layout can be advantageous for renovation efficiency and aging in place.
5. How does the value compare when looking city-wide?
While it ranks below average for its immediate area, its value is around the Winnipeg median. This suggests you are acquiring a lot that is superior to most in the city, in a neighbourhood that typically commands higher prices, but at a point where the existing structure keeps the purchase price accessible.
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