222 Academy Road

Crescentwood, Winnipeg

Property score

82.0

Excellent

Overall 82.0 · Compared with neighbourhood average

2,408 sqft (top 42%) · Built in 1923 (3 yrs older than avg)

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

Transit 94.0 · 1-min walk to transit with 4 nearby routes · Within 500m: 2 schools nearby

Living Area

Near average

2% larger than neighborhood avg.

Year Built

Near average

3 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

82.0 is composed by the two sections below.

Property Score

79.2Good
Living Area2,408 sqft96Excellent
Year Built192320Low
Lot Size9,895 sqft95Excellent
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
2,408 sqft
0255075100
Same streetTop 21%Same areaTop 42%CitywideTop 4%
Same street · Academy Road
#13 / 62
Top 21% · Avg 1,864 sqft
Same area · Crescentwood
#333 / 802
Top 42% · Avg 2,353 sqft
Citywide · Winnipeg
#7,109 / 194,458
Top 4% · Avg 1,342 sqft

Tax-Assessed Value

above average
574k
0255075100
Same streetTop 18%Same areaTop 42%CitywideTop 10%
Same street · Academy Road
#11 / 62
Top 18% · Avg 440.4k
Same area · Crescentwood
#339 / 802
Top 42% · Avg 590.8k
Citywide · Winnipeg
#19,529 / 194,458
Top 10% · Avg 390.1k

Year Built

around average
1923
0255075100
Same streetBottom 23%Same areaTop 39%CitywideBottom 14%

Lot Size

above average
9,895 sqft
0255075100
Same streetTop 29%Same areaTop 13%CitywideTop 6%

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

222 Academy Road — 2 amenities found within 500 m, across 1 categories, including 2 education (nearest 102 m).

Search radius
🏫Education2

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 10/2016CA$500k–550k
Sold price

Same street

Top 22%

Same area

Top 39%

City-wide

Top 12%

Related homes

Highlights & common questions: 222 Academy Road, Winnipeg

Property Overview

222 Academy Road is a character home in Winnipeg's desirable Crescentwood neighbourhood. Built in 1923, this one and three-quarter storey house sits on a large, approximately 9,900 sqft lot and features 2,408 sqft of living space, a renovated basement, and a detached garage.

Key Characteristics & Appeal

The primary appeal of this property lies in its combination of established neighbourhood charm and above-average space. The nearly 10,000 sqft lot is a significant asset, offering ample outdoor space that is well above the norm for both the street and the city. The living area is generous, ranking in the elite top 4% citywide, providing substantial room for a family.

Its appeal is nuanced: while the home itself is older and may require updates consistent with its age, it represents an opportunity in a prime location. It suits buyers looking for a classic Crescentwood property with a large yard, who are perhaps prepared to invest in thoughtful renovations over time. It would also appeal to those who value statistical upside—the lot size and living space metrics significantly outpace the city averages, suggesting a solid foundation of value. The renovated basement adds functional, modernized space.

Frequently Asked Questions

1. How does the home's age affect its value?
While older than many on its street, its age is typical for the historic Crescentwood area. The assessed value remains strong, indicating the lot size, location, and living space offset the older building year. Prospective buyers should budget for potential maintenance or updates expected of a century-old home.

2. Is the sale price from 2016 relevant today?
The 2016 sale price of $540k is a historical data point. Current value is better reflected in its assessed value and recent market comparisons. The market has evolved significantly since 2016.

3. What does the "above average" ranking for land area mean practically?
Ranking in the top 6% citywide for lot size means you are getting a much larger outdoor space than most Winnipeg homes. This allows for greater privacy, landscaping potential, garden space, or future expansion possibilities like a garage or addition, subject to zoning.

4. Who might this property not suit?
It may not suit buyers seeking a modern, turn-key home without any projects, or those who prefer a brand-new neighbourhood. The detached garage also means covered access to the vehicle in winter is not available directly from the house.

5. How does it compare to the neighbourhood average?
It presents a mix: while its living area is around the Crescentwood average, its lot size is notably larger (top 13% in the area). This suggests you're getting more land than many neighbouring properties, which is a key differentiator in established, in-fill neighbourhoods.

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