1202 Grosvenor Avenue

Crescentwood, Winnipeg

Property score

74.8

Good

Overall 74.8 · Smaller but newer than most nearby homes

1,443 sqft (bottom 20%) · Built in 1943 (17 yrs newer than avg)

Located in a high-income area with median household income of ~123k

Transit 70.0 · 5-min walk to transit with 3 nearby routes · Within 500m: 1 dining spot, 1 school, 2 parks, and 1 sports facility nearby

Living Area

Below average

39% smaller than neighborhood avg.

Year Built

Above average

17 yrs newer than neighborhood avg.

Mother tongue

English · 90%French · 2%

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

74.8 is composed by the two sections below.

Property Score

62.2Fair
Living Area1,443 sqft75Good
Year Built194324Low
Lot Size4,969 sqft60Fair
Neighbourhood Sales Activity67Good

Community Score

93.8Excellent
Household Income91Excellent
Education Level100Excellent
Housing Stress100Excellent
Core Housing Need100Excellent
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: #46110385

Community deep dive

$123K

Median household income

$132K

Average household income

9%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.7

P90 / P10 ratio

19%

Single-person households

36%

Families with children

Population, labour & age

Population (2021)509
Labour force participation rate70%
Median age41.2
Avg household size2.5
Unemployment rate3%
Population density3635 / km²

Households & income

Low income (LIM-AT, % pop.)9%
Single-person households19%
Couple families with children36%
Median household income (2020)$123K

Housing

Renter households16%
Condominium dwellings0%
Median dwelling value (owners)$380K

Diversity, education & language

Immigrants (share of pop.)14%
Visible minority6%
Bachelor's or higher (25–64)72%
Mother tongue (1st)English · 90%
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

around average
1,443 sqft
0255075100
Same streetBottom 9%Same areaBottom 20%CitywideTop 34%
Same street · Grosvenor Avenue
#110 / 121
Bottom 9% · Avg 2,305 sqft
Same area · Crescentwood
#641 / 802
Bottom 20% · Avg 2,353 sqft
Citywide · Winnipeg
#65,285 / 194,458
Top 34% · Avg 1,342 sqft

Tax-Assessed Value

above average
465k
0255075100
Same streetBottom 26%Same areaBottom 38%CitywideTop 26%
Same street · Grosvenor Avenue
#89 / 121
Bottom 26% · Avg 573.4k
Same area · Crescentwood
#498 / 802
Bottom 38% · Avg 590.8k
Citywide · Winnipeg
#50,068 / 194,458
Top 26% · Avg 390.1k

Year Built

above average
1943
0255075100
Same streetTop 20%Same areaTop 25%CitywideBottom 20%

Lot Size

around average
4,969 sqft
0255075100
Same streetBottom 40%Same areaBottom 33%CitywideBottom 43%

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

1202 Grosvenor Avenue — 7 amenities found within 500 m, across 5 categories, including 1 dining (nearest 472 m), 1 education (nearest 459 m), 2 parks (nearest 387 m).

Search radius
🍽️Dining1
🏫Education1
🌳Parks2
💪Sports1
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 12/2017CA$350k–400k
Sold price

Same street

Bottom 20%

Same area

Bottom 25%

City-wide

Top 40%

Related homes

Highlights & common questions: 1202 Grosvenor Avenue, Winnipeg

Property Overview

This two-storey home on Grosvenor Avenue in Crescentwood presents a specific and compelling opportunity. Built in 1943, it sits on a generous, approximately 5,000 sqft lot that is above average for the immediate street. The home itself, with 1,443 sqft of living space, is more modest in size compared to many neighbours, suggesting a manageable footprint. A key feature is its renovated basement, and the property includes a detached garage.

Its primary appeal lies in its location within a desirable, established neighbourhood paired with a lot that offers potential. The assessed value is notably lower than many nearby properties, which could indicate an entry point into the area for the right buyer. This home would suit a practical buyer or investor who values location over immediate square footage. It's ideal for someone comfortable with a home that may be smaller or older than others on the block but who sees value in the land and the possibility of future updates or expansion, subject to necessary approvals.

Frequently Asked Questions

Q: How does the size of this home compare to the neighbourhood?
A: The living space is below average for both Grosvenor Avenue and Crescentwood overall. This means you're purchasing in a neighbourhood of typically larger homes, but this also contributes to a more accessible price point for the area.

Q: The assessed value seems low. What does that indicate?
A: While below average for the street, it's around average for the wider Crescentwood area and above average citywide. This suggests the property is valued for its neighbourhood but may reflect the home's smaller size or condition relative to its immediate, often larger, neighbours.

Q: What are the advantages of a larger lot on this street?
A: The lot size is above average for Grosvenor Avenue. This not only provides more outdoor space but can also be a significant long-term asset, offering more flexibility for gardening, recreation, or potential future additions than many neighbouring properties.

Q: Who would this property not be suitable for?
A: It may not suit buyers seeking a move-in-ready home with modern, open-concept layouts or those who need substantial living space immediately. It's better suited to those with a vision for gradual improvement or who prioritize location above current interior size.

Q: The home was last sold in 2017. Is that a concern?
A: Not necessarily. A seven-year ownership period is fairly typical. It does suggest the sellers have likely owned the home long enough to have undertaken some updates (like the basement renovation mentioned) and that their reason for selling is likely a life change rather than a quick flip.

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