195 Dromore Avenue

Crescentwood, Winnipeg

Property score

76.6

Good

Overall 76.6 · Smaller but newer than most nearby homes

1,438 sqft (bottom 20%) · Built in 1952 (26 yrs newer than avg)

Located in a high-income area with median household income of ~149k

Transit 86.0 · 3-min walk to transit with 4 nearby routes · Within 500m: 2 dining spots, and 3 schools nearby

Living Area

Below average

39% smaller than neighborhood avg.

Year Built

Above average

26 yrs newer 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

76.6 is composed by the two sections below.

Property Score

70.1Good
Living Area75
1,438 sqftGood
Year Built36
1952Low
Lot Size97
10,619 sqftExcellent
Neighbourhood Sales Activity67
Good

Community Score

86.3Excellent
Household Income93
Excellent
Education Level91
Excellent
Housing Stress74
Good
Core Housing Need100
Excellent
Employment Health42
Low

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

around average
1,438 sqft
0255075100
Same streetBottom 1%Same areaBottom 20%CitywideTop 34%
Same street · Dromore Avenue
#35 / 35
Bottom 1% · Avg 3,456 sqft
Same area · Crescentwood
#645 / 802
Bottom 20% · Avg 2,353 sqft
Citywide · Winnipeg
#65,824 / 194,458
Top 34% · Avg 1,342 sqft

Tax-Assessed Value

above average
532k
0255075100
Same streetBottom 6%Same areaTop 50%CitywideTop 15%
Same street · Dromore Avenue
#33 / 35
Bottom 6% · Avg 843.9k
Same area · Crescentwood
#403 / 802
Top 50% · Avg 590.8k
Citywide · Winnipeg
#29,234 / 194,458
Top 15% · Avg 390.1k

Year Built

above average
1952
0255075100
Same streetTop 6%Same areaTop 6%CitywideBottom 30%

Lot Size

Elite
10,619 sqft
0255075100
Same streetTop 26%Same areaTop 11%CitywideTop 5%

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

195 Dromore Avenue — 5 amenities found within 500 m, across 2 categories, including 2 dining (nearest 490 m), 3 education (nearest 130 m).

Search radius
🍽️Dining2
🏫Education3

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 4/2023CA$450k–500k
Sold price

Same street

Bottom 11%

Same area

Top 50%

City-wide

Top 18%

Related homes

Highlights & common questions: 195 Dromore Avenue, Winnipeg

Property Overview

This 1952-built, one-storey home at 195 Dromore Avenue in Winnipeg's Crescentwood neighbourhood presents a distinct opportunity defined by its land and location. The appeal lies less in the current structure—a 1,438 sqft house with an unrenovated basement and no garage—and more in the substantial 10,619 sqft lot, which ranks among the top 5% city-wide for size. The property sits on a street of notably larger, older, and often more valuable homes, creating a unique value proposition.

Key Characteristics & Ideal Buyer

The core characteristic is the significant land size in a prestigious, established neighbourhood. The house itself is modest and dated compared to its neighbours, as reflected in its below-average living area and assessed value for the immediate street. This creates a clear "value-in-the-land" scenario. Its appeal is strongest for a specific buyer: someone looking to secure a footprint in Crescentwood, potentially with a long-term vision to renovate, expand significantly, or eventually rebuild. It could also suit an investor or developer who recognizes the underlying land value, or a buyer seeking a lower price point to enter the area, willing to live with the home's current condition. The unrenovated basement and lack of garage underscore that this is a property requiring vision and likely further investment.

Frequently Asked Questions

1. Why is the assessed value so much lower than the recent sale price?
The sale price of $480k (April 2023) significantly exceeds the $53.20k assessed value because the assessment is primarily for municipal tax purposes and often lags behind market dynamics. In this case, the market price reflects the high value buyers place on the large lot in a desirable location, not just the existing structure.

2. Is the house too small compared to others on the street?
Yes, the living area is the smallest on Dromore Avenue. This is the key trade-off: you are purchasing a premium lot with a home that is not comparable in scale to its neighbours. This is a central factor in the pricing and opportunity.

3. What does "Top 100%" or "rank 35 of 35" mean for Living Area on the street?
This means the home has the smallest living area among the 35 comparable properties listed on Dromore Avenue. It's a statistical confirmation that the house is an outlier on its own street in terms of size.

4. How does the lot size compare to the rest of Winnipeg?
Exceptionally well. The lot is approximately 10,619 sqft, which places it in the elite top 5% of all residential properties city-wide for land area. This is the property's most standout feature.

5. What are the main considerations for future renovations or expansion?
The large lot provides ample space for additions or landscaping. However, any major renovations or a rebuild would need to consider the character of the neighbourhood and comply with local zoning bylaws, heritage guidelines (if applicable in Crescentwood), and the significant investment required. The unrenovated basement suggests foundational systems may need updating.