943 Crescent Drive

Crescent Park, Winnipeg

Property score

60.1

Fair

Overall 60.1 · Smaller than most nearby homes

938 sqft (bottom 6%) · Built in 1953 (3 yrs older than avg)

Located in a high-income area with median household income of ~88k

Transit 86.0 · 2-min walk to transit with 4 nearby routes · Within 500m: 11 dining spots, 3 schools, 4 healthcare facilitys, and 1 shop nearby

Living Area

Below average

33% smaller than neighborhood avg.

Year Built

Near average

3 yrs older than neighborhood avg.

Mother tongue

English · 68%French · 2%

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

60.1 is composed by the two sections below.

Property Score

43.5Low
Living Area42
938 sqftLow
Year Built36
1953Low
Lot Size60
4,791 sqftFair
Neighbourhood Sales Activity42
Low

Community Score

85.1Excellent
Household Income80
Excellent
Education Level100
Excellent
Housing Stress83
Excellent
Core Housing Need100
Excellent
Employment Health68
Good

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: #46110437

Community deep dive

$88K

Median household income

$100K

Average household income

11%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.6

P90 / P10 ratio

25%

Single-person households

25%

Families with children

Population, labour & age

Population (2021)420
Labour force participation rate68%
Median age41.2
Avg household size2.4
Unemployment rate9%
Population density2470 / km²

Households & income

Low income (LIM-AT, % pop.)11%
Single-person households25%
Couple families with children25%
Median household income (2020)$88K

Housing

Renter households37%
Condominium dwellings0%
Median dwelling value (owners)$400K

Diversity, education & language

Immigrants (share of pop.)17%
Visible minority42%
Bachelor's or higher (25–64)65%
Mother tongue (1st)English · 67%
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
938 sqft
0255075100
Same streetBottom 30%Same areaBottom 6%CitywideBottom 20%
Same street · Crescent Drive
#38 / 54
Bottom 30% · Avg 1,346 sqft
Same area · Crescent Park
#738 / 781
Bottom 6% · Avg 1,396 sqft
Citywide · Winnipeg
#155,269 / 194,458
Bottom 20% · Avg 1,342 sqft

Tax-Assessed Value

below average
233k
0255075100
Same streetBottom 1%Same areaBottom 1%CitywideBottom 14%
Same street · Crescent Drive
#54 / 54
Bottom 1% · Avg 440.7k
Same area · Crescent Park
#778 / 781
Bottom 1% · Avg 458.1k
Citywide · Winnipeg
#167,933 / 194,458
Bottom 14% · Avg 390.1k

Year Built

around average
1953
0255075100
Same streetBottom 37%Same areaBottom 45%CitywideBottom 31%

Lot Size

around average
4,791 sqft
0255075100
Same streetBottom 35%Same areaBottom 4%CitywideBottom 39%

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

943 Crescent Drive — 22 amenities found within 500 m, across 6 categories, including 11 dining (nearest 142 m), 3 education (nearest 270 m), 4 healthcare (nearest 211 m).

Search radius
🍽️Dining11
🏫Education3
🏥Healthcare4
🛒Shopping1
🌳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 10/2022CA$200k–250k
Sold price

Same street

Bottom 13%

Same area

Bottom 4%

City-wide

Bottom 20%

Related homes

Highlights & common questions: 943 Crescent Drive, Winnipeg

Property Overview: 943 Crescent Drive, Winnipeg

Key Characteristics & Buyer Appeal

This is a compact, one-storey home built in 1953 on a standard city lot in the Crescent Park neighborhood. With 938 square feet of living space, it is notably smaller than most homes in its immediate area and across Winnipeg. A key characteristic is its very low municipal assessed value ($23,300), which is the lowest on its street and ranks in the bottom tier citywide. This indicates a property with significant potential for value appreciation through updates. The home has a basement (not renovated) and no garage.

Its primary appeal lies in its position as a true entry-point into the Winnipeg market, particularly in a stable neighborhood. It suits a specific type of buyer: the hands-on first-time purchaser, the value-focused investor, or the downsizer looking for a manageable footprint without leaving a established community. This isn't a move-in-ready showpiece; its appeal is rooted in opportunity. The modest size means lower utility costs and less maintenance, while the low assessment suggests room to build equity through strategic renovations. For the right person, it represents a chance to tailor a home to their taste over time, with the neighborhood itself—not the home's current condition—being a primary asset.


Frequently Asked Questions

Q: The assessed value seems extremely low. What does this mean for property taxes?
A: Yes, the assessment is exceptionally low. While this typically results in lower annual property taxes, it's crucial to understand that a sale price significantly above the assessed value (like the 2022 sale at $240k) can trigger a reassessment, which may increase future tax bills.

Q: How much of a project is the basement?
A: The listing notes it is "not renovated." This usually means it is in original or rough condition, suitable for storage or utilities but not finished living space. Any development would be a full project, requiring checks on moisture, ceiling height, and necessary permits.

Q: The home is smaller than area averages. Will that be a problem for resale?
A: It positions the home uniquely. It limits appeal to larger families but maintains demand from singles, couples, or investors seeking a lower-priced entry into the neighborhood. Its future value will depend more on the quality of updates and overall market conditions for starter homes.

Q: There's no garage. Is street parking readily available on Crescent Drive?
A: This is an important practical consideration. You should visit at different times to gauge parking availability. The lot size is standard, so adding a driveway or parking pad could be a feasible future improvement, subject to city bylaws.

Q: The home last sold in October 2022. Why is it back on the market so soon?
A: Without specific insider knowledge, short ownership periods can stem from many factors: a change in the owner's personal circumstances, an investor completing a flip, or a buyer finding the renovation scope larger than anticipated. A thorough inspection is always advised in such cases.