829 Lyon Street

Crescent Park, Winnipeg

Property score

79.9

Good

Overall 79.9 · Larger but older than most nearby homes

1,832 sqft (top 15%) · Built in 1951 (5 yrs older than avg)

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

Transit 46.0 · 6-min walk to transit with 1 nearby route · Within 500m: 2 schools, 2 parks, and 1 place of worship nearby

Living Area

Above average

31% larger 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

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Property score

79.9 is composed by the two sections below.

Property Score

75.4Good
Living Area1,832 sqft89Excellent
Year Built195136Low
Lot Size6,549 sqft85Excellent
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

above average
1,832 sqft
0255075100
Same streetTop 17%Same areaTop 15%CitywideTop 16%
Same street · Lyon Street
#7 / 42
Top 17% · Avg 1,464 sqft
Same area · Crescent Park
#114 / 781
Top 15% · Avg 1,396 sqft
Citywide · Winnipeg
#31,071 / 194,458
Top 16% · Avg 1,342 sqft

Tax-Assessed Value

around average
367k
0255075100
Same streetTop 33%Same areaBottom 16%CitywideTop 48%
Same street · Lyon Street
#14 / 42
Top 33% · Avg 348.9k
Same area · Crescent Park
#653 / 781
Bottom 16% · Avg 458.1k
Citywide · Winnipeg
#93,241 / 194,458
Top 48% · Avg 390.1k

Year Built

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

Lot Size

above average
6,549 sqft
0255075100
Same streetBottom 2%Same areaTop 45%CitywideTop 22%

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

829 Lyon Street — 5 amenities found within 500 m, across 3 categories, including 2 education (nearest 144 m), 2 parks (nearest 222 m).

Search radius
🏫Education2
🌳Parks2
Worship1

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 11/2023CA$350k–400k
Sold price

Same street

Top 29%

Same area

Bottom 46%

City-wide

Top 46%

Related homes

Highlights & common questions: 829 Lyon Street, Winnipeg

Property Overview

This one-storey home at 829 Lyon Street in Winnipeg's Crescent Park neighborhood presents a specific and compelling opportunity. Its appeal lies in a combination of above-average living space within a modestly valued, mature property. Built in 1951, it sits on a lot that is generous by city-wide standards but more compact compared to its immediate street, suggesting a manageable outdoor space. The home last sold in November 2023 for $350,000.

Key Characteristics & Ideal Buyer

The key characteristic here is space efficiency. With 1,832 sqft of living area, the home ranks in the top 17% on its street and top 16% city-wide for size, offering more interior room than many peers. This is paired with an assessed value that is relatively average, indicating a potentially favorable cost-per-square-foot ratio. The property does not have a basement or pool but includes an attached garage.

Its appeal is for the practical buyer who prioritizes interior living space over a sprawling yard and is comfortable with a home from the 1950s. It would suit a downsizer seeking single-level living without sacrificing room, or a value-conscious buyer looking for a larger footprint in a established neighborhood without a premium price tag. A less obvious perspective is that the below-average land size for the street could mean lower maintenance and property tax implications relative to neighbors, which some may see as a benefit.

Frequently Asked Questions

1. How does the sale price compare to the assessed value?
The home sold for $350,000 in November 2023, which is significantly higher than its $36,700 assessed value. It's important to note that municipal assessed value for property tax purposes is not a market valuation and often lags behind current sale prices.

2. What does the "top percentage" ranking mean for the living area?
Rankings like "Top 16% city-wide" mean the home's living area is larger than approximately 84% of comparable homes across Winnipeg. This indicates it offers more interior space than the vast majority of similar properties.

3. Is the land size a disadvantage?
While the lot is smaller than most on Lyon Street (ranking 41 out of 42), it is still above the city-wide average. This suggests a manageable yard that requires less upkeep, which could be preferable for those not seeking extensive gardening or landscaping.

4. What might the 1951 build year imply?
As a home built in 1951, buyers should budget for potential updates to major systems like plumbing, electrical, or the roof. However, its age is typical for the Crescent Park area, and the character and construction quality of older homes are often appealing.

5. How does this property fit within the Crescent Park neighborhood?
The data shows a mix: its living space is well above the neighborhood average, but its assessed value is below average for the area. This positioning suggests it could be a relatively affordable entry point into Crescent Park for buyers seeking above-average square footage.

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