206 Lake Ridge Road

Crestview, Winnipeg

Property score

60.8

Fair

Overall 60.8 · Compared with neighbourhood average

1,100 sqft (top 48%) · Built in 1969 (2 yrs newer than avg)

Located in a above-average income area with median household income of ~81k

Transit 64.0 · 5-min walk to transit with 2 nearby routes · Within 500m: 3 parks nearby

Living Area

Near average

3% smaller than neighborhood avg.

Year Built

Near average

2 yrs newer than neighborhood avg.

Mother tongue

English · 84%Tagalog · 3%

Past 10 years Crestview sales snapshot (~80% of all data)

Sold Count

838

Median price

345k

$/sqft

$277/sqft

Avg build year

1967

Need help understanding this property?

Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.

Usually replies in a few minutes

Property score

60.8 is composed by the two sections below.

Property Score

55.4Fair
Living Area1,100 sqft60Fair
Year Built196952Fair
Lot Size3,984 sqft46Low
Neighbourhood Sales Activity42Low

Community Score

68.9Good
Household Income77Good
Education Level34Low
Housing Stress100Excellent
Core Housing Need76Good
Employment Health60Fair

Neighbourhood Sales

Crestview

How to read: Share of sales in each ~$50k price band for “crestview” (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: #46110293

Community deep dive

$81K

Median household income

$87K

Average household income

22%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.5

P90 / P10 ratio

21%

Single-person households

28%

Families with children

Population, labour & age

Population (2021)650
Labour force participation rate60%
Median age31.8
Avg household size2.8
Unemployment rate5%
Population density5416 / km²

Households & income

Low income (LIM-AT, % pop.)22%
Single-person households21%
Couple families with children28%
Median household income (2020)$81K

Housing

Renter households47%
Condominium dwellings4%
Median dwelling value (owners)$280K

Diversity, education & language

Immigrants (share of pop.)16%
Visible minority26%
Bachelor's or higher (25–64)18%
Mother tongue (1st)English · 84%
Mother tongue (2nd)Tagalog · 3%

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

Rankings

Living Area

above average
1,100 sqft
0255075100
Same streetTop 20%Same areaTop 48%CitywideBottom 40%
Same street · Lake Ridge Road
#29 / 145
Top 20% · Avg 1,041 sqft
Same area · Crestview
#1,189 / 2,463
Top 48% · Avg 1,129 sqft
Citywide · Winnipeg
#117,261 / 194,458
Bottom 40% · Avg 1,342 sqft

Tax-Assessed Value

around average
264k
0255075100
Same streetTop 35%Same areaBottom 13%CitywideBottom 20%
Same street · Lake Ridge Road
#51 / 145
Top 35% · Avg 268.2k
Same area · Crestview
#2,139 / 2,463
Bottom 13% · Avg 327.3k
Citywide · Winnipeg
#154,746 / 194,458
Bottom 20% · Avg 390.1k

Year Built

around average
1969
0255075100
Same streetTop 44%Same areaTop 32%CitywideTop 49%

Lot Size

around average
3,984 sqft
0255075100
Same streetTop 35%Same areaBottom 12%CitywideBottom 25%

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

206 Lake Ridge Road — 3 amenities found within 500 m, across 1 categories, including 3 parks (nearest 186 m).

Search radius
🌳Parks3

Crime & Safety

Crestview · WPS public data · 2026

Annual incidents

53

2026

vs. city avg

+80%

relative to avg

Year-over-year

-92%

vs. prior year

Primary type

Property

70%

Sales History

Sold 7/2020CA$200k–250k
Sold price

Same street

Bottom 39%

Same area

Bottom 9%

City-wide

Bottom 18%

Related homes

Highlights & common questions: 206 Lake Ridge Road, Winnipeg

Property Overview

This two-storey home at 206 Lake Ridge Road in Crestview is a practical and well-situated property. Built in 1969, it features 1,100 sqft of living space and a renovated basement, sitting on a 3,984 sqft lot. It does not have a garage or pool. The home presents a straightforward opportunity in a mature neighbourhood.

Key Characteristics & Appeal

The primary appeal of this home lies in its efficient size and established location. With above-average living space for its immediate street and a modernized basement, it offers a move-in-ready foundation without excessive upkeep. Its assessed value is notably below average for both the Crestview area and Winnipeg overall, suggesting a potentially accessible entry point into the market.

This property would suit first-time buyers or downsizers seeking a manageable, no-frills home in a settled community. Its renovated basement adds valuable flexible space for a family, a home office, or guests. A thoughtful perspective is that while the lot size is smaller than many in the city, it translates to less yard maintenance—an appeal for those seeking a simpler lifestyle. The data indicates you are paying more for the interior condition and location than for land value here, which is ideal for buyers prioritizing living space over outdoor space.

Frequently Asked Questions

1. How does this home compare to others in the area?
The home's living area is generous for Lake Ridge Road, ranking in the top 20%. However, its lot size and assessed value are below the broader Crestview averages, indicating it may offer better interior space relative to its price point compared to area norms.

2. What does the "renovated basement" typically include?
While specific finishes aren't listed, a renovated basement in a home of this era often means updated flooring, drywall, and lighting, creating a finished living or recreational space. Verification of permits and the scope of work is always recommended.

3. Is there potential to add a garage in the future?
The lot size is below the Crestview average, which may limit options for adding a detached garage. Any expansion would require careful review of local zoning bylaws and setback requirements.

4. The home sold in 2020; what might that indicate?
The previous sale three years ago suggests the current owners have undertaken some updates, like the basement renovation, in a relatively short period. It’s worth exploring their reasons for selling to understand the property's recent history.

5. How energy-efficient might a home from 1969 be?
Homes from this period vary widely. While the basement renovation may have included some insulation updates, the main structure would benefit from an evaluation of original windows, attic insulation, and the heating system to anticipate utility costs and potential upgrades.

Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.