331 Kingston Crescent

Kingston Crescent, Winnipeg

Property score

79.7

Good

Overall 79.7 · Larger but older than most nearby homes

2,021 sqft (top 27%) · Built in 1927 (15 yrs older than avg)

Located in a high-income area with median household income of ~94k

Transit 60.0 · 10-min walk to transit with 3 nearby routes · Within 500m: 1 park nearby

Living Area

Above average

13% larger than neighborhood avg.

Year Built

Below average

15 yrs older than neighborhood avg.

Mother tongue

English · 84%French · 4%

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

Sold Count

56

Median price

350k

$/sqft

$465/sqft

Avg build year

1942

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Property score

79.7 is composed by the two sections below.

Property Score

78.6Good
Living Area94
2,021 sqftExcellent
Year Built20
1927Low
Lot Size95
9,375 sqftExcellent
Neighbourhood Sales Activity80
Good

Community Score

81.4Excellent
Household Income82
Excellent
Education Level100
Excellent
Housing Stress52
Fair
Core Housing Need100
Excellent
Employment Health52
Fair

Neighbourhood Sales

Kingston Crescent

How to read: Share of sales in each ~$50k price band for “kingston crescent” (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: #46110464

Community deep dive

$94K

Median household income

$130K

Average household income

4%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.3

P90 / P10 ratio

42%

Single-person households

22%

Families with children

Population, labour & age

Population (2021)740
Labour force participation rate53%
Median age60.8
Avg household size2.0
Unemployment rate5%
Population density1423 / km²

Households & income

Low income (LIM-AT, % pop.)4%
Single-person households42%
Couple families with children22%
Median household income (2020)$94K

Housing

Renter households15%
Condominium dwellings41%
Median dwelling value (owners)$448K

Diversity, education & language

Immigrants (share of pop.)9%
Visible minority8%
Bachelor's or higher (25–64)68%
Mother tongue (1st)English · 84%
Mother tongue (2nd)French · 4%

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

Rankings

Living Area

above average
2,021 sqft
0255075100
Same streetTop 24%Same areaTop 27%CitywideTop 10%
Same street · Kingston Crescent
#74 / 308
Top 24% · Avg 1,695 sqft
Same area · Kingston Crescent
#59 / 222
Top 27% · Avg 1,794 sqft
Citywide · Winnipeg
#20,163 / 194,458
Top 10% · Avg 1,342 sqft

Tax-Assessed Value

Elite
666k
0255075100
Same streetTop 13%Same areaTop 16%CitywideTop 5%
Same street · Kingston Crescent
#39 / 308
Top 13% · Avg 513.2k
Same area · Kingston Crescent
#36 / 222
Top 16% · Avg 552.8k
Citywide · Winnipeg
#9,323 / 194,458
Top 5% · Avg 390.1k

Year Built

below average
1927
0255075100
Same streetBottom 16%Same areaBottom 10%CitywideBottom 16%

Lot Size

above average
9,375 sqft
0255075100
Same streetTop 27%Same areaTop 33%CitywideTop 8%

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

331 Kingston Crescent — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 128 m).

Search radius
🌳Parks1

Crime & Safety

Kingston Crescent · WPS public data · 2025

Annual incidents

15

2025

vs. city avg

-49%

relative to avg

Year-over-year

-35%

vs. prior year

Primary type

Property

100%

Sales History

Sold 2/2021CA$550k–600k
Sold price

Same street

Top 23%

Same area

Top 32%

City-wide

Top 10%

Related homes

Highlights & common questions: 331 Kingston Crescent, Winnipeg

Property Overview

This 1927 one-and-three-quarter storey home at 331 Kingston Crescent offers a blend of established character and above-average space. Its key appeal lies in its generous proportions relative to the market. The living area of over 2,000 sq ft is notably larger than most homes in Winnipeg, placing it in the top 10% citywide. This is complemented by a substantial, private lot of nearly 9,400 sq ft, which is also well above the city average. The home features a detached garage and an unrenovated basement, presenting a classic layout with clear potential for personalization.

The property would suit a buyer looking for a home with inherent space and land value in an established neighborhood. It’s ideal for someone comfortable with the upkeep of a character home (built in 1927) who sees the unfinished basement and potential dated elements not as drawbacks, but as a blank canvas to modernize incrementally according to their own taste and budget. The assessed value ranks in an elite tier citywide, suggesting a solid underlying value proposition for a buyer willing to invest sweat equity.


Frequently Asked Questions

What does "one-and-three-quarter storey" mean?
This is a common architectural style in Winnipeg, typically featuring a full main floor and a second floor where the roofline slopes inward, creating cozy bedrooms with slightly lower ceiling heights at the room's edges. It offers more space and character than a bungalow but often feels more traditional than a modern two-storey.

The assessed value seems low compared to the "citywide average" shown. Why?
The citywide average assessed value shown (~$390k) is for comparable homes in size and type, not all homes. This property's assessment of $66.60k is a municipal valuation for tax purposes and is often significantly lower than current market value. Its "top 5%" ranking indicates its assessment is high relative to other homes, hinting at strong municipal valuation for its category.

The home sold in early 2021. What can that price tell me?
The sold price range from 2021 ($535k-$565k) provides a historical benchmark, but the market has evolved since. It's most useful for understanding the price trajectory of the home itself, not for setting a current offer price. The key takeaway is that it sold at a premium to its assessed value even then, which is typical.

How significant is the unrenovated basement?
This is a major factor. It means significant storage or living space exists but will require investment to finish. For some, this is a downside requiring immediate budget. For others, it's a pro: it allows for a custom layout (e.g., suite, rec room, workshop) without the cost of undoing someone else's subpar renovation.

The lot size is a standout feature. What are the implications?
Beyond privacy and room for gardens or play, a lot of this size (top 8% in Winnipeg) is a long-term asset that is increasingly rare. It provides options for future additions, landscaping projects, or simply enjoying expansive green space. It also typically contributes substantially to the property's overall market value and appeal.