238 Academy Road

Crescentwood, Winnipeg

Property score

80.7

Excellent

Overall 80.7 · Smaller but newer than most nearby homes

1,740 sqft (bottom 30%) · Built in 1953 (27 yrs newer than avg)

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

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

Living Area

Below average

26% smaller than neighborhood avg.

Year Built

Above average

27 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

80.7 is composed by the two sections below.

Property Score

76.9Good
Living Area86
1,740 sqftExcellent
Year Built36
1953Low
Lot Size98
14,837 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

above average
1,740 sqft
0255075100
Same streetBottom 47%Same areaBottom 30%CitywideTop 19%
Same street · Academy Road
#33 / 62
Bottom 47% · Avg 1,864 sqft
Same area · Crescentwood
#562 / 802
Bottom 30% · Avg 2,353 sqft
Citywide · Winnipeg
#37,662 / 194,458
Top 19% · Avg 1,342 sqft

Tax-Assessed Value

above average
524k
0255075100
Same streetTop 23%Same areaBottom 49%CitywideTop 16%
Same street · Academy Road
#14 / 62
Top 23% · Avg 440.4k
Same area · Crescentwood
#411 / 802
Bottom 49% · Avg 590.8k
Citywide · Winnipeg
#31,403 / 194,458
Top 16% · Avg 390.1k

Year Built

Elite
1953
0255075100
Same streetTop 11%Same areaTop 5%CitywideBottom 31%

Lot Size

Elite
14,837 sqft
0255075100
Same streetTop 2%Same areaTop 4%CitywideTop 2%

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

238 Academy Road — 2 amenities found within 500 m, across 1 categories, including 2 education (nearest 183 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

238 Academy Road: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.

Related homes

Highlights & common questions: 238 Academy Road, Winnipeg

Property Summary

Key Characteristics & Buyer Profile

This is a 1,740-square-foot home built in 1953, located on Academy Road in Winnipeg’s Crescentwood area. The property sits on a notably large 14,837-square-foot lot—among the top 2% citywide and top 4% in the neighbourhood. The living area is slightly below the local average but above the citywide median, placing it in the top 19% of homes across Winnipeg. The assessed value of $524,000 is also above average relative to the city, though slightly below the Crescentwood median.

The core appeal here is the land. In a prestigious, established neighbourhood like Crescentwood, a lot of this size is rare. Many homes on similar streets are older and sit on smaller parcels. This property offers the potential for expansion, renovation, or possibly redevelopment—though any changes would need to align with local zoning and heritage considerations. The location on Academy Road provides walkable access to shops, restaurants, and transit, while still being in a leafy residential area.

This home would suit a buyer who values location and lot size over move-in-ready finishes. It's a solid candidate for someone looking to renovate or rebuild, or for a family who wants a spacious yard in a central Winnipeg neighbourhood without the premium of a fully updated house. It may be less ideal for someone seeking a turnkey property or a home with modern square footage comparable to neighbouring houses.


Frequently Asked Questions

1. Is the living area smaller than other homes on the street?
Yes. At 1,740 square feet, it is below the Academy Road average of 1,864 and the Crescentwood average of 2,353. However, it ranks in the top 19% citywide, so it is not small by Winnipeg standards—just modest for this specific area.

2. What is the potential for adding onto the house or building a secondary suite?
The 14,837-square-foot lot offers considerable flexibility, but any additions or suites would depend on current zoning, setback requirements, and possibly heritage district rules in Crescentwood. A buyer should verify with the City of Winnipeg before planning significant changes.

3. How does the assessed value compare to similar homes?
At $524,000, the assessed value is above average for Academy Road and the city, but below the Crescentwood median of $590,800. This suggests the home may be priced relatively affordably for the neighbourhood, largely due to its smaller living area and older construction.

4. What condition is the house in, given it was built in 1953?
The summary doesn’t include specific condition details. A 1953 home typically needs updated systems (plumbing, electrical, insulation, windows) and may have original finishes. A thorough inspection is recommended, especially for foundations and roofs on older Winnipeg homes.

5. Is this a good investment property?
For a buyer willing to renovate or hold for land appreciation, yes. The large lot in a top-ranked area (top 2% citywide) is a strong long-term asset. However, the home itself may not generate premium rental income without significant updates. It’s more suited to owner-occupiers or developers than passive investors.