833 Lyon Street

Crescent Park, Winnipeg

Property score

80.2

Excellent

Overall 80.2 · Larger but older than most nearby homes

1,840 sqft (top 14%) · 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

32% 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

80.2 is composed by the two sections below.

Property Score

75.9Good
Living Area1,840 sqft89Excellent
Year Built195136Low
Lot Size7,026 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

above average
1,840 sqft
0255075100
Same streetTop 14%Same areaTop 14%CitywideTop 16%
Same street · Lyon Street
#6 / 42
Top 14% · Avg 1,464 sqft
Same area · Crescent Park
#113 / 781
Top 14% · Avg 1,396 sqft
Citywide · Winnipeg
#30,478 / 194,458
Top 16% · Avg 1,342 sqft

Tax-Assessed Value

around average
369k
0255075100
Same streetTop 31%Same areaBottom 18%CitywideTop 47%
Same street · Lyon Street
#13 / 42
Top 31% · Avg 348.9k
Same area · Crescent Park
#643 / 781
Bottom 18% · Avg 458.1k
Citywide · Winnipeg
#91,965 / 194,458
Top 47% · Avg 390.1k

Year Built

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

Lot Size

above average
7,026 sqft
0255075100
Same streetBottom 12%Same areaTop 37%CitywideTop 17%

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

833 Lyon Street — 5 amenities found within 500 m, across 3 categories, including 2 education (nearest 150 m), 2 parks (nearest 213 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 11/2024CA$350k–400k
Sold price

Same street

Top 24%

Same area

Top 49%

City-wide

Top 42%

Related homes

Highlights & common questions: 833 Lyon Street, Winnipeg

Property Overview

833 Lyon Street presents a well-proportioned, single-storey home in Winnipeg's Crescent Park neighbourhood. Built in 1951, its primary appeal lies in its generous scale relative to its price point. The 1,840 sqft living area is notably larger than most comparable homes on its street, in the neighbourhood, and across the city. It sits on a 7,026 sqft lot, which is above average citywide but more modest within the immediate area, suggesting a manageable outdoor space. The home lacks a basement and pool but includes an attached garage.

Its value proposition is clear: significant interior space and a solid lot size for what is, according to its recent sale and assessed value, a competitively priced entry. It suits practical buyers looking for room to grow without a premium price tag, or those seeking a single-level layout. A thoughtful perspective is that while the home is older than many in Crescent Park, it is actually one of the newer homes on Lyon Street itself, potentially indicating a more established, stable streetscape. The below-average assessment for the neighbourhood suggests an opportunity for value appreciation through updates.

Frequently Asked Questions

1. Is the lot size a pro or a con?
It's both, depending on priority. Citywide, the lot is above average, offering good outdoor space. However, within desirable Crescent Park, it's around average, and on Lyon Street specifically, it's below the street's norm. This translates to less yard maintenance than some neighbours but potentially less privacy.

2. What does the assessed value tell me?
The assessment is below the neighbourhood average but aligns with the street and city. This often indicates the home is a more affordable entry point into the area, but buyers should investigate if this reflects a need for modernization versus a pure value opportunity.

3. Who would this floor plan suit best?
The single-storey, no-basement layout is ideal for those seeking accessibility or who prefer to avoid stairs. The above-average living area is a significant benefit for families or those needing space, but the lack of a basement reduces storage or potential recreational space.

4. How does the year built affect this home?
Built in 1951, the home is older than most in Crescent Park but newer than most on its own block. Buyers should budget for updates consistent with a home of this age, such as windows, roof, and mechanical systems, while recognizing it's not the oldest on the street.

5. How does the recent sale price compare?
The November 2024 sale price of $36.5k was very close to its $36.9k assessed value. This suggests the sale was seen as fair and market-driven, providing a reliable, recent benchmark for the property's worth.

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