181 Kingsway

Crescentwood, Winnipeg

79.6

Good

Overall 79.6

Older than most nearby homes

2,496 sqft (top 38%)

Built in 1909 (17 yrs older than avg)

Located in a high-income area

with median household income of ~149k

Transit 92.0

3-min walk to transit with 5 nearby routes

Within 500m: 3 dining spots, 3 schools, 1 park, and 1 place of worship nearby

Living Area

Near average

6% larger than neighborhood avg.

Year Built

Below average

17 yrs older than neighborhood avg.

Mother tongue

English · 79%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

79.6 is composed by the two sections below.

Property Score

75.1Good
Living Area2,496 sqft96Excellent
Year Built190910Low
Lot Size6,015 sqft81Excellent
Neighbourhood Sales Activity67Good

Community Score

86.3Excellent
Household Income93Excellent
Education Level91Excellent
Housing Stress74Good
Core Housing Need100Excellent
Employment Health42Low

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: #46110662

Community deep dive

$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

Population, labour & age

Population (2021)478
Labour force participation rate54%
Median age48.0
Avg household size2.6
Unemployment rate17%
Population density1327 / km²

Households & income

Low income (LIM-AT, % pop.)11%
Single-person households18%
Couple families with children35%
Median household income (2020)$149K

Housing

Renter households25%
Condominium dwellings8%
Median dwelling value (owners)$750K

Diversity, education & language

Immigrants (share of pop.)15%
Visible minority11%
Bachelor's or higher (25–64)54%
Mother tongue (1st)English · 78%
Mother tongue (2nd)French · 2%

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

Rankings

Living Area

Elite
2,496 sqft
0255075100
Same streetBottom 40%Same areaTop 38%CitywideTop 3%
Same street · Kingsway
#62 / 103
Bottom 40% · Avg 2,776 sqft
Same area · Crescentwood
#305 / 802
Top 38% · Avg 2,353 sqft
Citywide · Winnipeg
#5,696 / 194,458
Top 3% · Avg 1,342 sqft

Tax-Assessed Value

above average
631k
0255075100
Same streetBottom 40%Same areaTop 33%CitywideTop 6%
Same street · Kingsway
#62 / 103
Bottom 40% · Avg 666.4k
Same area · Crescentwood
#267 / 802
Top 33% · Avg 590.8k
Citywide · Winnipeg
#11,875 / 194,458
Top 6% · Avg 390.1k

Year Built

below average
1909
0255075100
Same streetBottom 19%Same areaBottom 10%CitywideBottom 5%

Lot Size

around average
6,015 sqft
0255075100
Same streetBottom 18%Same areaBottom 39%CitywideTop 31%

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

181 Kingsway — 8 amenities found within 500 m, across 4 categories, including 3 dining (nearest 381 m), 3 education (nearest 184 m), 1 parks (nearest 450 m).

Search radius
🍽️Dining3
🏫Education3
🌳Parks1
Worship1

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 9/2022CA$550k–600k
Sold price

Same street

Top 47%

Same area

Top 37%

City-wide

Top 11%

Related homes

Highlights & common questions: 181 Kingsway, Winnipeg

Property Overview

This 1909 two-storey home on Kingsway in Crescentwood offers a classic, established presence in one of Winnipeg's most desirable neighbourhoods. With 2,496 sqft of living space on a 6,015 sqft lot, its size is comfortably above the citywide average, placing it among the top tier of homes in Winnipeg overall. Its appeal lies in a prime, tree-lined location combined with the character of a century-old residence. The home presents a solid foundation with an attached garage and full basement, though the basement is noted as not being renovated.

It would suit a buyer who values location and heritage over new construction—someone ready to live in a character home as-is or to gradually implement updates. The property is not for those seeking a modern, turn-key home or extensive outdoor space, as the lot size is below average for Kingsway itself. It’s a practical opportunity for establishing roots in a prestigious area, offering more interior space than most city homes, with the understanding that its age and assessed value suggest a property with good bones awaiting personalization.

Key Questions for Consideration

  1. What does the "not renovated" basement condition typically imply?
    This usually indicates original or dated finishes, mechanical systems, and possibly moisture control considerations from its era. It represents both a project area and a blank canvas for future development.

  2. How significant is the difference between the 2022 sale price and the current assessed value?
    The sale price of $550k provides a recent market benchmark. The lower assessed value is primarily used for municipal tax calculations and doesn't reflect current market value, but the gap may be a point of discussion regarding property taxes.

  3. Is the lot size a disadvantage?
    At over 6,000 sqft, the lot is still generous by general city standards. While it's smaller than many on Kingsway, this often translates to less yard maintenance while still providing private outdoor space.

  4. What are the pros and cons of a home built in 1909?
    Pros include solid construction, classic architectural details, and established neighbourhood charm. Cons can involve older wiring, plumbing, insulation, and windows, which may need evaluation and potential upgrading for efficiency and comfort.

  5. How does this home compare to others in Crescentwood?
    The data shows this home is around average in both size and assessed value for the Crescentwood area. This suggests it is a representative entry into the neighbourhood rather than a standout in terms of scale or valuation, positioning it as a more accessible option within this sought-after locale.

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