978 Crescent Drive

Crescent Park, Winnipeg

Property score

60.8

Fair

Overall 60.8 · Smaller but newer than most nearby homes

939 sqft (bottom 6%) · Built in 1955 (1 yr older than avg)

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

Transit 86.0 · 3-min walk to transit with 4 nearby routes · Within 500m: 12 dining spots, 3 schools, 5 healthcare facilitys, and 1 shop nearby

Living Area

Below average

33% smaller than neighborhood avg.

Year Built

Above average

1 yrs older than neighborhood avg.

Mother tongue

English · 83%Chinese · 5%

Past 10 years Crescent Park sales snapshot (~80% of all data)

Sold Count

250

Median price

701k

$/sqft

$402/sqft

Avg build year

1956

Need help understanding this property?

Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.

Usually replies in a few minutes

Property score

60.8 is composed by the two sections below.

Property Score

42.4Low
Living Area42
939 sqftLow
Year Built36
1955Low
Lot Size53
4,398 sqftFair
Neighbourhood Sales Activity42
Low

Community Score

88.3Excellent
Household Income90
Excellent
Education Level91
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: #46110438

Community deep dive

$115K

Median household income

$190K

Average household income

6%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.6

P90 / P10 ratio

24%

Single-person households

29%

Families with children

Population, labour & age

Population (2021)435
Labour force participation rate64%
Median age52.4
Avg household size2.4
Unemployment rate7%
Population density612 / km²

Households & income

Low income (LIM-AT, % pop.)6%
Single-person households24%
Couple families with children29%
Median household income (2020)$115K

Housing

Renter households10%
Condominium dwellings0%
Median dwelling value (owners)$400K

Diversity, education & language

Immigrants (share of pop.)21%
Visible minority17%
Bachelor's or higher (25–64)54%
Mother tongue (1st)English · 82%
Mother tongue (2nd)Chinese · 4%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

around average
939 sqft
0255075100
Same streetBottom 31%Same areaBottom 6%CitywideBottom 20%
Same street · Crescent Drive
#37 / 54
Bottom 31% · Avg 1,346 sqft
Same area · Crescent Park
#737 / 781
Bottom 6% · Avg 1,396 sqft
Citywide · Winnipeg
#155,201 / 194,458
Bottom 20% · Avg 1,342 sqft

Tax-Assessed Value

around average
345k
0255075100
Same streetBottom 24%Same areaBottom 10%CitywideBottom 44%
Same street · Crescent Drive
#41 / 54
Bottom 24% · Avg 440.7k
Same area · Crescent Park
#703 / 781
Bottom 10% · Avg 458.1k
Citywide · Winnipeg
#107,972 / 194,458
Bottom 44% · Avg 390.1k

Year Built

above average
1955
0255075100
Same streetTop 37%Same areaTop 30%CitywideBottom 34%

Lot Size

around average
4,398 sqft
0255075100
Same streetBottom 24%Same areaBottom 3%CitywideBottom 32%

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

978 Crescent Drive — 23 amenities found within 500 m, across 6 categories, including 12 dining (nearest 49 m), 3 education (nearest 184 m), 5 healthcare (nearest 79 m).

Search radius
🍽️Dining12
🏫Education3
🏥Healthcare5
🛒Shopping1
🌳Parks1
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 5/2023CA$300k–350k
Sold price

Same street

Top 39%

Same area

Bottom 41%

City-wide

Top 49%

Related homes

Highlights & common questions: 978 Crescent Drive, Winnipeg

Property Summary: 978 Crescent Drive, Crescent Park, Winnipeg

Section 1: Key Characteristics & Appeal

This is a compact, one-storey home built in 1955, featuring a renovated basement and a detached garage. With 939 sqft of living space, it is notably smaller than most homes in the immediate Crescent Park area, positioning it as a more manageable and potentially affordable option within the neighbourhood.

Its primary appeal lies in its location within a well-established community and its recent basement renovation, which adds modern, functional space. The property sits on a 4,398 sqft lot, which is smaller than area norms but still provides decent outdoor space for a home of this size. The assessed value is modest compared to nearby homes, suggesting a potentially lower entry point into the neighbourhood.

This home would best suit first-time buyers, downsizers, or practical investors seeking a lower-maintenance property in a mature area. It’s for those who prioritize location and a modernized interior over square footage or a large yard. A thoughtful perspective: its smaller size and below-average assessments for the street and area could mean less property tax burden and lower utility costs, offering financial efficiency that isn't always apparent in a listing.

Section 2: Frequently Asked Questions

1. How does the home's size compare to the neighbourhood?
At 939 sqft, the living area is below the average for both Crescent Drive and the wider Crescent Park area. This makes it one of the more compact homes in the neighbourhood, which is reflected in its pricing and value metrics.

2. What is the significance of the assessed value being "below average" for the area?
The home's assessed value ranks in the bottom 10% for Crescent Park. This typically indicates a more affordable entry point into the area but can also correlate with the home's smaller size and lot dimensions compared to its neighbours.

3. Is the lot size a drawback?
The lot is 4,398 sqft, which is significantly smaller than the area average. While it offers less expansive outdoor space, it also translates to less yard maintenance. For the right buyer, this is a practical trade-off.

4. What does the "renovated basement" imply?
While specifics aren't provided, a noted renovation suggests the basement has been updated to be functional and livable, effectively adding to the home's usable space beyond the main floor's square footage.

5. Who might this property not suit?
It may not suit buyers looking for a large, sprawling family home with substantial yard space or those seeking a property at the top end of the area's market. Its value and size are positioned for practicality and efficiency.