62 Gerrond Bay

Crestview, Winnipeg

Property score

79.8

Good

Overall 79.8 · Larger than most nearby homes

1,656 sqft (top 2%) · Built in 1967

Located in a high-income area with median household income of ~104k

Transit 88.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 2 schools, 2 shops, 4 parks, and 4 place of worships nearby

Living Area

Above average

47% larger than neighborhood avg.

Year Built

Near average

0 yrs newer than neighborhood avg.

Mother tongue

English · 83%Punjabi · 3%

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

Sold Count

838

Median price

345k

$/sqft

$277/sqft

Avg build year

1967

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Property score

79.8 is composed by the two sections below.

Property Score

75.0Good
Living Area1,656 sqft83Excellent
Year Built196752Fair
Lot Size6,895 sqft85Excellent
Neighbourhood Sales Activity42Low

Community Score

87.0Excellent
Household Income86Excellent
Education Level82Excellent
Housing Stress100Excellent
Core Housing Need100Excellent
Employment Health76Good

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: #46110296

Community deep dive

$104K

Median household income

$100K

Average household income

3%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.5

P90 / P10 ratio

17%

Single-person households

34%

Families with children

Population, labour & age

Population (2021)384
Labour force participation rate66%
Median age45.2
Avg household size2.6
Unemployment rate5%
Population density2742 / km²

Households & income

Low income (LIM-AT, % pop.)3%
Single-person households17%
Couple families with children34%
Median household income (2020)$104K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$348K

Diversity, education & language

Immigrants (share of pop.)20%
Visible minority29%
Bachelor's or higher (25–64)44%
Mother tongue (1st)English · 83%
Mother tongue (2nd)Punjabi · 2%

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

Rankings

Living Area

Elite
1,656 sqft
0255075100
Same streetTop 6%Same areaTop 2%CitywideTop 23%
Same street · Gerrond Bay
#2 / 31
Top 6% · Avg 1,203 sqft
Same area · Crestview
#38 / 2,463
Top 2% · Avg 1,129 sqft
Citywide · Winnipeg
#44,213 / 194,458
Top 23% · Avg 1,342 sqft

Tax-Assessed Value

Elite
400k
0255075100
Same streetTop 3%Same areaTop 5%CitywideTop 38%
Same street · Gerrond Bay
#1 / 31
Top 3% · Avg 336.8k
Same area · Crestview
#125 / 2,463
Top 5% · Avg 327.3k
Citywide · Winnipeg
#74,505 / 194,458
Top 38% · Avg 390.1k

Year Built

above average
1967
0255075100
Same streetTop 6%Same areaBottom 48%CitywideBottom 49%

Lot Size

above average
6,895 sqft
0255075100
Same streetTop 19%Same areaTop 13%CitywideTop 18%

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

62 Gerrond Bay — 12 amenities found within 500 m, across 4 categories, including 2 education (nearest 248 m), 2 shopping (nearest 242 m), 4 parks (nearest 244 m).

Search radius
🏫Education2
🛒Shopping2
🌳Parks4
Worship4

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 7/2023CA$400k–450k
Sold price

Same street

Top 18%

Same area

Top 4%

City-wide

Top 25%
Sold 8/2020CA$350k–400k
Sold price

Same street

Bottom 27%

Same area

Top 24%

City-wide

Top 43%

Related homes

Highlights & common questions: 62 Gerrond Bay, Winnipeg

Property Overview

This two-storey home at 62 Gerrond Bay in Winnipeg's Crestview neighbourhood presents a compelling blend of established community charm and above-average substance. Its key appeal lies in its generous proportions, both in its 1,656 sqft living space and its 6,895 sqft lot, which rank well above average for the immediate street and the wider Crestview area. The home benefits from a renovated basement and an attached garage. Built in 1967, it sits in a mature streetscape and carries an assessed value of $400,000, placing it among the top-tier homes locally. A recent sale in July 2023 at $440,000 suggests a strong and current market valuation.

This property would suit buyers looking for established character and space without venturing into newer, more sprawling suburbs. It’s ideal for a growing family seeking solid interior space and a large yard in a quiet, well-ranked neighbourhood. It also appeals to the value-conscious buyer who understands that its metrics—top 6% in living area on its street, top 13% in lot size for Crestview—indicate a property that stands out positively within its immediate context, offering more room than most comparable options.

A less obvious perspective is the advantage of its "above average but not extreme" citywide ranking. While it feels elite within Crestview, its citywide metrics are strong but manageable, potentially offering a sweet spot between prestige and property tax burden. Furthermore, its consistent history of being a well-maintained, larger home on the street (as indicated by its high rankings over time) speaks to enduring quality and desirability in that specific micro-location.

Frequently Asked Questions

1. How does this home truly compare to others in Crestview?
The data shows it consistently outperforms neighbourhood averages. Its living area is in the top 2% for Crestview, and its lot size is in the top 13%. This means you are getting significantly more house and land than is typical for the area.

2. What does the sale history tell us?
The home sold for $440,000 in July 2023, which is $40,000 above its current $400,000 assessed value. This recent transaction provides a concrete, up-to-date benchmark for its market value, suggesting the assessment is conservative.

3. Is the renovated basement a full suite?
The listing confirms the basement is renovated but does not specify if it is a legal suite with a separate entrance. This is a key detail to clarify for potential rental income or in-law accommodation.

4. What are the implications of the 1967 build year?
Built in 1967, the home is of an era known for solid construction. Buyers should plan for standard updates for a home of this age, such as roof, windows, and mechanical systems, while appreciating the character and mature landscaping that comes with it.

5. Why is the citywide assessed value ranking lower than the street and area rankings?
While the home is elite within Crestview (top 5%), it ranks around the 38th percentile citywide. This isn't a negative; it simply reflects that newer, more expensive homes exist in other suburbs. It highlights that this property's prime value is its standout size and status within its established, desirable neighbourhood context.

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