Property score
81.1
Excellent
Overall 81.1 · Newer than most nearby homes
1,305 sqft (top 36%) · Built in 2015 (48 yrs newer than avg)
Located in a high-income area with median household income of ~149k
Transit 94.0 · 1-min walk to transit with 4 nearby routes · Within 500m: 2 schools nearby
Living Area
Near average
4% larger than neighborhood avg.
Year Built
Above average
48 yrs newer than neighborhood avg.
Mother tongue
English · 79%French · 2%
Past 10 years Crescentwood sales snapshot (~80% of all data)
85
243k
$203/sqft
1967
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81.1 is composed by the two sections below.
Property Score
Community Score
Crescentwood
How to read: Share of sales in each ~$50k price band for “crescentwood” (Condos, 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: #46110662
$149K
Median household income
$252K
Average household income
11%
Low income (LIM-AT)
0.5
Income inequality (Gini)
8.4
P90 / P10 ratio
18%
Single-person households
35%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
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
1-232 Academy Road — 2 amenities found within 500 m, across 1 categories, including 2 education (nearest 158 m).
Crescentwood · WPS public data · 2026
Annual incidents
23
2026
vs. city avg
-22%
relative to avg
Year-over-year
▼ -90%
vs. prior year
Primary type
Property
87%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 48% | Top 9% | Top 4% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This is a well-situated, modern condo unit in the desirable Crescentwood neighbourhood. Built in 2015, it offers a move-in-ready, low-maintenance lifestyle. The key appeal lies in its combination of a newer build within a mature, prestigious area, coupled with a recently renovated basement that adds functional space. Its assessed value ranks in the top 3% city-wide, indicating strong underlying value and desirability.
While its living space is modest for Academy Road itself, it is above the Winnipeg average, making it efficient and manageable. This property would suit first-time buyers seeking entry into a prime neighbourhood, professionals wanting a lock-and-leave lifestyle, or downsizers looking to stay in a cherished area without the upkeep of a large, older home. It offers a practical footprint with the prestige of the address.
Frequently Asked Questions
1. What are the monthly condo fees, and what do they cover?
This information is not provided in the current listing details. A review of the condo corporation's financial statements and bylaws is essential to understand the fee structure and what amenities or services (like exterior maintenance, groundskeeping, or a reserve fund) they include.
2. Is the property suitable for a young family?
The renovated basement adds valuable flexible space, which is a plus. However, the overall square footage is below the average for Academy Road. Families should consider if the layout and bedroom count meet their long-term needs, as the unit may be more suited to individuals, couples, or a small family.
3. How does the 2015 build date affect this property?
As an 11-year-old building, major structural components like the roof, windows, and mechanical systems are likely still in good condition, potentially reducing near-term repair costs compared to the neighbourhood's many century-old homes. It represents a balance of modern construction within a classic setting.
4. The assessed value is in the top 3% city-wide, but the 2016 sale price was $460k. What does this mean?
The high assessed value suggests the property is valued very favorably for tax purposes compared to most of Winnipeg, which is positive. The 2016 sale price provides a historical benchmark, but the current market value will be determined by recent comparable sales, market conditions, and the unit's specific features.
5. There are multiple units at this address. What is the building's atmosphere?
With several units listed at 232 Academy Road, this appears to be a small multi-unit building or townhouse complex. Prospective buyers should inquire about the owner-occupier to renter ratio, the soundproofing between units, and the dynamics of the condo board to gauge the community feel and management efficiency.
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