982 Crescent Drive

Crescent Park, Winnipeg

Property score

51.8

Fair

Overall 51.8 · Smaller and older than most nearby homes

713 sqft (bottom 1%) · Built in 1918 (38 yrs older than avg)

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

Transit 86.0 · 2-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

49% smaller than neighborhood avg.

Year Built

Below average

38 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

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Property score

51.8 is composed by the two sections below.

Property Score

27.5Low
Living Area22
713 sqftLow
Year Built16
1918Low
Lot Size60
4,948 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

below average
713 sqft
0255075100
Same streetBottom 1%Same areaBottom 1%CitywideBottom 4%
Same street · Crescent Drive
#54 / 54
Bottom 1% · Avg 1,346 sqft
Same area · Crescent Park
#776 / 781
Bottom 1% · Avg 1,396 sqft
Citywide · Winnipeg
#186,153 / 194,458
Bottom 4% · Avg 1,342 sqft

Tax-Assessed Value

around average
330k
0255075100
Same streetBottom 19%Same areaBottom 8%CitywideBottom 39%
Same street · Crescent Drive
#44 / 54
Bottom 19% · Avg 440.7k
Same area · Crescent Park
#721 / 781
Bottom 8% · Avg 458.1k
Citywide · Winnipeg
#118,620 / 194,458
Bottom 39% · Avg 390.1k

Year Built

below average
1918
0255075100
Same streetBottom 1%Same areaBottom 1%CitywideBottom 12%

Lot Size

around average
4,948 sqft
0255075100
Same streetBottom 41%Same areaBottom 5%CitywideBottom 42%

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

982 Crescent Drive — 23 amenities found within 500 m, across 6 categories, including 12 dining (nearest 43 m), 3 education (nearest 166 m), 5 healthcare (nearest 54 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 10/2024CA$250k–300k
Sold price

Same street

Bottom 35%

Same area

Bottom 15%

City-wide

Bottom 36%
Sold 3/2021CA$250k–300k
Sold price

Same street

Bottom 30%

Same area

Bottom 14%

City-wide

Bottom 34%

Related homes

Highlights & common questions: 982 Crescent Drive, Winnipeg

Property Overview: 982 Crescent Drive

Key Characteristics & Buyer Appeal

This one-storey home on Crescent Drive is defined by its compact, efficient layout and its significant, renovated basement. With 713 sq ft of living space, it is notably smaller than most homes in the Crescent Park area and across Winnipeg, positioning it as a minimalist or entry-level option. Its strong appeal lies in its generous, nearly 5,000 sq ft lot—which is close to the city-wide average—offering valuable outdoor space and potential in a mature neighborhood. The detached garage adds practical utility.

The home suits specific buyers: first-time purchasers seeking an affordable foothold in a well-established area, downsizers looking to reduce maintenance without sacrificing yard space, or investors interested in a character property with a modernized basement suite (subject to verification). A thoughtful perspective is that its 1918 build date, while requiring diligent upkeep, offers a charm and lot size rarely found in newer subdivisions. Its recent sale price of $290k, significantly below its $330k assessed value, may indicate a quick or as-is purchase, presenting an opportunity for a buyer comfortable with a vintage home's nuances.

Frequently Asked Questions

1. How does the home's size compare to others?
At 713 sq ft, the living area is well below average for the Crescent Park neighborhood and the city overall. This emphasizes efficient use of space and likely lower utility costs.

2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. A viewing is essential to see the quality and determine if it’s a legal suite, a rec room, or additional living space.

3. Is the property a good value based on its assessment?
The home recently sold for $290,000, which is $40,000 below its $330,000 assessed value. This could reflect market conditions, the home’s specific condition, or sale terms, and may represent a value opportunity.

4. What should I consider with a home built in 1918?
While offering character, a 108-year-old home requires careful attention to foundational integrity, plumbing, electrical systems, and insulation. A thorough inspection is highly recommended.

5. How does the lot size benefit a smaller home?
The 4,948 sq ft lot is a key asset, providing ample outdoor space for gardens, entertaining, or future expansion (subject to zoning), which compensates for the compact interior floor plan.