1022 Grosvenor Avenue

Crescentwood, Winnipeg

Property score

77.6

Good

Overall 77.6 · Compared with neighbourhood average

2,314 sqft (top 44%) · Built in 1912 (14 yrs older than avg)

Located in a high-income area with median household income of ~97k

Transit 92.0 · 4-min walk to transit with 5 nearby routes · Within 500m: 6 dining spots, 2 schools, 4 healthcare facilitys, and 2 place of worships nearby

Living Area

Near average

2% smaller than neighborhood avg.

Year Built

Below average

14 yrs older than neighborhood avg.

Mother tongue

English · 85%French · 1%

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

Sold Count

260

Median price

435k

$/sqft

$190/sqft

Avg build year

1926

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Property score

77.6 is composed by the two sections below.

Property Score

73.2Good
Living Area2,314 sqft96Excellent
Year Built191216Low
Lot Size4,845 sqft60Fair
Neighbourhood Sales Activity67Good

Community Score

84.2Excellent
Household Income83Excellent
Education Level91Excellent
Housing Stress74Good
Core Housing Need88Excellent
Employment Health83Excellent

Neighbourhood Sales

Crescentwood

How to read: Share of sales in each ~$50k price band for “crescentwood” (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: #46110388

Community deep dive

$97K

Median household income

$111K

Average household income

8%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.6

P90 / P10 ratio

31%

Single-person households

28%

Families with children

Population, labour & age

Population (2021)444
Labour force participation rate77%
Median age36.4
Avg household size2.4
Unemployment rate8%
Population density5550 / km²

Households & income

Low income (LIM-AT, % pop.)8%
Single-person households31%
Couple families with children28%
Median household income (2020)$97K

Housing

Renter households41%
Condominium dwellings0%
Median dwelling value (owners)$436K

Diversity, education & language

Immigrants (share of pop.)9%
Visible minority4%
Bachelor's or higher (25–64)59%
Mother tongue (1st)English · 85%
Mother tongue (2nd)French · 1%

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

Rankings

Living Area

Elite
2,314 sqft
0255075100
Same streetTop 47%Same areaTop 44%CitywideTop 5%
Same street · Grosvenor Avenue
#57 / 121
Top 47% · Avg 2,305 sqft
Same area · Crescentwood
#349 / 802
Top 44% · Avg 2,353 sqft
Citywide · Winnipeg
#9,210 / 194,458
Top 5% · Avg 1,342 sqft

Tax-Assessed Value

above average
467k
0255075100
Same streetBottom 28%Same areaBottom 39%CitywideTop 25%
Same street · Grosvenor Avenue
#87 / 121
Bottom 28% · Avg 573.4k
Same area · Crescentwood
#493 / 802
Bottom 39% · Avg 590.8k
Citywide · Winnipeg
#49,403 / 194,458
Top 25% · Avg 390.1k

Year Built

around average
1912
0255075100
Same streetBottom 45%Same areaBottom 39%CitywideBottom 8%

Lot Size

around average
4,845 sqft
0255075100
Same streetBottom 37%Same areaBottom 29%CitywideBottom 41%

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

1022 Grosvenor Avenue — 14 amenities found within 500 m, across 4 categories, including 6 dining (nearest 313 m), 2 education (nearest 145 m), 4 healthcare (nearest 288 m).

Search radius
🍽️Dining6
🏫Education2
🏥Healthcare4
Worship2

Crime & Safety

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%

Sales History

Sold 5/2021CA$400k–450k
Sold price

Same street

Bottom 45%

Same area

Bottom 42%

City-wide

Top 25%

Related homes

Highlights & common questions: 1022 Grosvenor Avenue, Winnipeg

Property Overview

This two-storey home, built in 1912, offers a classic Crescentwood character combined with practical updates. Its key appeal lies in its generous 2,314 sqft of living space, which is notably above the city-wide average, situated on a mature 4,845 sqft lot. The home features a renovated basement, adding to its functional space. While its assessed value is modest relative to its immediate street and neighbourhood, this presents a distinctive value proposition: you acquire a historically significant home in a desirable area with a potentially favourable tax assessment. The property suits buyers looking for a character home with room to grow, who appreciate established neighbourhoods with tree-lined streets, and who may see strategic value in a home with an assessment that hasn't yet caught up to its locational prestige.

Frequently Asked Questions

1. How does the home's size compare to others?
At 2,314 sqft, the living area is above average for Winnipeg overall (in the top 5% city-wide) and is very typical for both Grosvenor Avenue and the broader Crescentwood neighbourhood.

2. What does the assessed value indicate?
The assessed value is below the average for Grosvenor Avenue and average for Crescentwood, but above average compared to the entire city. This suggests the home is in a high-value area but may be assessed conservatively relative to its immediate peers, which can be a positive for property taxes.

3. What is the significance of the lot size?
The lot is approximately 4,845 sqft. It's average for the street but below the average lot size within Crescentwood. This means you still get a substantial yard characteristic of the area, though not one of the largest in the neighbourhood.

4. The home sold in 2021 for $440k, but the assessed value is much lower. Why?
Assessed value for taxation purposes and market sale price are different figures. The 2021 sale demonstrates the market value at that time, while the assessment is an estimate for tax calculations, often lagging behind rapid market shifts. This history shows strong buyer demand for the property recently.

5. What are the less obvious considerations with a 1912 home?
While it offers charm and established construction, a home of this age requires a buyer to be mindful of potential updates to foundational systems like plumbing, electrical, and insulation that may have been modernized in phases. The renovated basement is a positive, but the overall condition of the original structure should be a focus.

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