805 Lyon Street

Crescent Park, Winnipeg

Property score

69.8

Good

Overall 69.8 · Older than most nearby homes

1,192 sqft (bottom 45%) · Built in 1951 (5 yrs older than avg)

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

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

Near average

15% smaller than neighborhood avg.

Year Built

Below average

5 yrs older than neighborhood avg.

Mother tongue

English · 85%French · 3%

Past 10 years Crescent Park sales snapshot (~80% of all data)

Sold Count

250

Median price

701k

$/sqft

$402/sqft

Avg build year

1956

Need help understanding this property?

Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.

Usually replies in a few minutes

Property score

69.8 is composed by the two sections below.

Property Score

58.5Fair
Living Area1,192 sqft60Fair
Year Built195136Low
Lot Size7,370 sqft88Excellent
Neighbourhood Sales Activity42Low

Community Score

86.7Excellent
Household Income90Excellent
Education Level91Excellent
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health52Fair

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: #46110441

Community deep dive

$115K

Median household income

$116K

Average household income

2%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.8

P90 / P10 ratio

20%

Single-person households

31%

Families with children

Population, labour & age

Population (2021)598
Labour force participation rate54%
Median age44.4
Avg household size2.5
Unemployment rate7%
Population density2392 / km²

Households & income

Low income (LIM-AT, % pop.)2%
Single-person households20%
Couple families with children31%
Median household income (2020)$115K

Housing

Renter households8%
Condominium dwellings14%
Median dwelling value (owners)$376K

Diversity, education & language

Immigrants (share of pop.)14%
Visible minority14%
Bachelor's or higher (25–64)56%
Mother tongue (1st)English · 84%
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

around average
1,192 sqft
0255075100
Same streetBottom 31%Same areaBottom 45%CitywideBottom 49%
Same street · Lyon Street
#29 / 42
Bottom 31% · Avg 1,464 sqft
Same area · Crescent Park
#427 / 781
Bottom 45% · Avg 1,396 sqft
Citywide · Winnipeg
#99,474 / 194,458
Bottom 49% · Avg 1,342 sqft

Tax-Assessed Value

around average
302k
0255075100
Same streetBottom 5%Same areaBottom 3%CitywideBottom 30%
Same street · Lyon Street
#40 / 42
Bottom 5% · Avg 348.9k
Same area · Crescent Park
#759 / 781
Bottom 3% · Avg 458.1k
Citywide · Winnipeg
#136,482 / 194,458
Bottom 30% · Avg 390.1k

Year Built

above average
1951
0255075100
Same streetTop 17%Same areaBottom 16%CitywideBottom 29%

Lot Size

above average
7,370 sqft
0255075100
Same streetBottom 43%Same areaTop 29%CitywideTop 14%

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

805 Lyon Street — 6 amenities found within 500 m, across 3 categories, including 2 education (nearest 156 m), 2 parks (nearest 283 m).

Search radius
🏫Education2
🌳Parks2
Worship2

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 12/2021CA$250k–300k
Sold price

Same street

Bottom 12%

Same area

Bottom 8%

City-wide

Bottom 27%

Related homes

Highlights & common questions: 805 Lyon Street, Winnipeg

Property Overview: 805 Lyon Street, Crescent Park, Winnipeg

Section 1: Key Characteristics & Appeal

This is a classic 1951 one-storey home on a notably large, 7,370 sqft lot in Winnipeg's Crescent Park neighbourhood. Its primary appeal lies in the land itself—the lot size is well above the city-wide average, offering significant space and potential in a mature area. The house is modest, with a living area of 1,192 sqft that is typical for its locale, and it features a detached garage. The assessed value is relatively low compared to its immediate street and neighbourhood, which can indicate an opportunity for value-conscious buyers or those looking for a property where the land value is the key asset.

This property would best suit a buyer with a vision for the long term. It’s a strong candidate for someone interested in a substantial garden, outdoor space, or future expansion. It could also appeal to an investor or renovator looking for a home where the value is anchored in the lot size rather than the current structure, with the understanding that a home of this age will likely require updates or maintenance. It’s less suited for those seeking a modern, move-in-ready home or extensive finished living space from day one.

Section 2: Frequently Asked Questions

1. Why is the assessed value so much lower than neighbouring homes?
The assessed value is based on the property's current state. The lower assessment relative to the street and neighbourhood typically reflects the age and condition of the 75-year-old home, suggesting it may require modernization, while the land value remains a significant component.

2. What does the large lot size mean for me practically?
Beyond simple yard space, a lot of this scale (ranked in the top 14% city-wide) offers rare potential in a mature neighbourhood. It provides room for additions, landscaping projects, recreational space, or future development, subject to local zoning bylaws.

3. Is the older home a major concern?
Built in 1951, the home is older than most in Crescent Park. This necessitates a thorough inspection for foundational integrity, plumbing, electrical systems, and insulation. While it requires due diligence, it also represents a character home from a specific building era.

4. How does the sale history affect value?
The home sold recently in December 2021 for $26,500. This recent transaction provides a clear, contemporary benchmark for market value, which is useful for financing and offer considerations.

5. What is the neighbourhood context?
Crescent Park is an established area. The data shows that while this home’s living space is average for the area, its lot is larger than most and its assessed value is lower. This suggests you may be acquiring a property with different fundamentals than the immediate neighbours, which could be an advantage for the right buyer.

Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.