Property score
69.1
Good
Overall 69.1 · 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 · 5-min walk to transit with 1 nearby route · Within 500m: 2 schools, 3 parks, and 1 place of worship 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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69.1 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
832 Lyon Street — 6 amenities found within 500 m, across 3 categories, including 2 education (nearest 93 m), 3 parks (nearest 269 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 1% | Bottom 7% | Bottom 24% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 832 Lyon Street, Crescent Park, Winnipeg
Key Characteristics & Appeal
This is a compact, one-storey home built in 1951, situated on a notably generous lot of over 8,600 square feet in Winnipeg's Crescent Park neighborhood. Its key appeal lies in the significant land size, which is well above average for the city, offering substantial outdoor space and future potential. The home itself is modest, with a living area (1,024 sq ft) that is below average for the immediate area, suggesting a cozy footprint or a property where the value is primarily in the land. It features a detached garage.
The property would suit a specific type of buyer: a hands-on individual or small household looking for an entry point into a established neighborhood with the space to garden, expand, or redevelop over time. Its below-average assessed value for the street and neighborhood indicates it may be a relative value play for the lot size. The appeal is less about the current home's size or modern finishes and more about the underlying asset—the large, mature lot in a central location. It's a property that asks the buyer to see potential, making it ideal for those comfortable with a project or who prioritize outdoor space over interior square footage.
Frequently Asked Questions
1. Is the home's below-average living area a concern?
While the interior is smaller than many neighboring homes, this is reflected in the pricing and assessment. For buyers seeking a manageable space or those with plans to renovate or expand, the smaller footprint can be an efficient starting point.
2. What does the large lot size actually offer?
Beyond gardening and recreation, a lot of this size (top 9% citywide) provides rare flexibility in a city neighborhood. It could accommodate additions, a workshop, or significant landscaping, and may hold long-term redevelopment potential subject to zoning.
3. How does the 2020 sale price relate to the current assessed value?
The property sold for $25.5k in July 2020 and is now assessed at $31.4k. This increase aligns with broader market trends, but the assessed value remains below the neighborhood average, suggesting the assessment is weighted toward the existing home rather than the premium lot.
4. Is the older age of the home (1951) a problem?
The year built is actually above average for Lyon Street itself. While systems and structure should be inspected, its age is consistent with the character of the area. Its older vintage compared to the city average can mean simpler construction and layout, which some find appealing for renovations.
5. Who are the most likely neighbors or comparable properties?
The direct neighbors on Lyon Street are very close, typical of older neighborhoods. The provided "similar assessed value" properties are spread across different areas, indicating that at this value point, you are often choosing between a smaller home in a central location like this or a potentially different property type in another neighborhood.
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