Property score
85.7
Excellent
Overall 85.7 · Newer than most nearby homes
2,074 sqft (bottom 45%) · Built in 1978 (52 yrs newer than avg)
Located in a high-income area with median household income of ~149k
Transit 92.0 · 4-min walk to transit with 5 nearby routes · Within 500m: 2 dining spots, 2 schools, and 1 place of worship nearby
Living Area
Near average
12% smaller than neighborhood avg.
Year Built
Above average
52 yrs newer than neighborhood avg.
Mother tongue
English · 79%French · 2%
Past 10 years Crescentwood sales snapshot (~80% of all data)
260
435k
$190/sqft
1926
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85.7 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” (Detached houses (non-condo), 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 land area, larger = better rank
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
221 Kingsway — 5 amenities found within 500 m, across 3 categories, including 2 dining (nearest 466 m), 2 education (nearest 264 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 | Top 6% | Top 11% | Top 2% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 221 Kingsway, Crescentwood, Winnipeg
Key Characteristics & Appeal
This two-storey home on a generous 6,466 sqft lot in the established Crescentwood neighbourhood presents a distinct value proposition. Built in 1978, it is a notably newer construction compared to most heritage homes in the area, offering modern infrastructure while situated on a prestigious street. The home features a renovated basement and a detached garage.
Its primary appeal lies in its position as a land-value opportunity in a prime location. The living space (2,074 sqft) is comfortable yet efficient, particularly when viewed city-wide, but is modest relative to some larger, older estates on Kingsway. This creates a unique niche: it suits buyers who prioritize location and lot size over a massive existing footprint, and who may see potential in the property’s underlying value. It would be ideal for a downsizer seeking a low-maintenance, newer home in a top neighbourhood without the upkeep of a century-old property, or for a value-conscious buyer planning a future renovation or expansion who is secured by the excellent lot size. The recent sale price significantly above the assessed value suggests strong market recognition of this potential.
Frequently Asked Questions
1. Is the house significantly smaller than its neighbours?
Yes, compared to other homes on Kingsway itself, the living area is below the street average. However, it is on par with the broader Crescentwood average and is well above the average Winnipeg home, offering a balanced size.
2. What does "newer build" mean in this context?
Built in 1978, this home is among the newest on its block and in Crescentwood, where many homes date from the early 1900s. This typically means more modern wiring, plumbing, and insulation, potentially reducing immediate repair costs.
3. Why was the sale price so much higher than the assessed value?
Municipal assessed value for taxation purposes often lags behind market value, especially in desirable areas. The premium paid reflects the strong buyer demand for a large, developable lot in Crescentwood with a modern(ish) home already on it.
4. Who might this property not suit?
It may not suit buyers seeking a classic, grand Century Home with original character, or those who need maximum interior square footage immediately without undertaking renovations.
5. What is the potential here for a future owner?
The combination of a large lot and a newer structure provides flexible options: enjoying it as-is, expanding the existing home, or eventually redeveloping the site—all from a secured position in one of Winnipeg’s most sought-after neighbourhoods.
