Property score
68.7
Good
Overall 68.7 · Smaller and older than most nearby homes
1,024 sqft (bottom 16%) · 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
27% 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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68.7 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
812 Lyon Street — 6 amenities found within 500 m, across 3 categories, including 2 education (nearest 89 m), 2 parks (nearest 279 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 47% | Bottom 29% | Bottom 45% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 812 Lyon Street, Crescent Park, Winnipeg
Key Characteristics & Appeal
This is a classic 1951 one-storey home on a notably spacious 7,295 sqft lot in Winnipeg's Crescent Park neighbourhood. Its primary appeal lies in the land itself—the lot size is well above average for both the neighbourhood and the city, offering significant outdoor space and potential. The home is modest in size at 1,024 sqft with a detached garage and no basement. Recent sale and assessed value figures are notably below typical Winnipeg averages, positioning it as an accessible entry point.
This property would best suit a value-conscious buyer, investor, or builder whose priority is land over the existing structure. It's an opportunity for someone willing to renovate or expand the current bungalow to match the lot's potential, or for a long-term holder who values the upside of a large lot in an established area. A less obvious perspective is that, while the home's metrics rank below average on its street, the lot is a standout asset that is increasingly rare, offering privacy and flexibility that newer subdivisions often lack.
Frequently Asked Questions
1. Why is the assessed value so much lower than the city average?
The assessed value reflects the current state and size of the 1,024 sqft dwelling. The valuation is primarily land-based, with the older, smaller home contributing less to the total assessment compared to larger, updated properties.
2. What does the lot size ranking actually mean for me?
Ranking in the top 15% citywide for land area means you're getting a property with more land than 85% of Winnipeg homes. In Crescent Park specifically, it's in the top 30%, indicating it's a larger-than-typical lot for this desirable neighbourhood.
3. Is this a teardown or renovation candidate?
While the existing home is smaller and older, it is functional. The choice depends on your goals and budget. The large lot easily accommodates a significant expansion or a new build, but a thoughtful renovation could also modernize the living space while preserving its character.
4. How does the 1951 build year affect things?
Built in 1951, the home is older than most in Crescent Park but is actually one of the newer homes on Lyon Street itself. This vintage typically means classic construction but will likely require updates to major systems like wiring, plumbing, and insulation to meet modern standards.
5. What is the realistic potential here?
The potential is anchored in the land. The large lot allows for possibilities like adding a garage suite (subject to zoning), creating extensive gardens, or building a substantial addition. The low entry price relative to the neighbourhood allows you to invest in improvements while potentially building equity based on the underlying land value.
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