493 Woodlands Crescent

Kirkfield, Winnipeg

Property score

57.3

Fair

Overall 57.3 · Smaller and older than most nearby homes

786 sqft (bottom 6%) · Built in 1957 (7 yrs older than avg)

Located in a high-income area with median household income of ~108k

Transit 92.0 · 5-min walk to transit with 5 nearby routes · Within 500m: 7 dining spots, 1 healthcare facility, and 5 parks nearby

Living Area

Below average

42% smaller than neighborhood avg.

Year Built

Below average

7 yrs older than neighborhood avg.

Mother tongue

English · 86%French · 2%

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

Sold Count

249

Median price

320.5k

$/sqft

$335/sqft

Avg build year

1964

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Property score

57.3 is composed by the two sections below.

Property Score

36.7Low
Living Area786 sqft22Low
Year Built195743Low
Lot Size5,998 sqft74Good
Neighbourhood Sales Activity77Good

Community Score

88.3Excellent
Household Income88Excellent
Education Level91Excellent
Housing Stress93Excellent
Core Housing Need100Excellent
Employment Health68Good

Neighbourhood Sales

Kirkfield

How to read: Share of sales in each ~$50k price band for “kirkfield” (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: #46110327

Community deep dive

$108K

Median household income

$157K

Average household income

5%

Low income (LIM-AT)

0.4

Income inequality (Gini)

3.9

P90 / P10 ratio

24%

Single-person households

30%

Families with children

Population, labour & age

Population (2021)628
Labour force participation rate62%
Median age48.4
Avg household size2.5
Unemployment rate3%
Population density527 / km²

Households & income

Low income (LIM-AT, % pop.)5%
Single-person households24%
Couple families with children30%
Median household income (2020)$108K

Housing

Renter households0%
Condominium dwellings5%
Median dwelling value (owners)$472K

Diversity, education & language

Immigrants (share of pop.)9%
Visible minority7%
Bachelor's or higher (25–64)50%
Mother tongue (1st)English · 85%
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

below average
786 sqft
0255075100
Same streetBottom 17%Same areaBottom 6%CitywideBottom 8%
Same street · Woodlands Crescent
#74 / 89
Bottom 17% · Avg 1,097 sqft
Same area · Kirkfield
#695 / 738
Bottom 6% · Avg 1,362 sqft
Citywide · Winnipeg
#178,644 / 194,458
Bottom 8% · Avg 1,342 sqft

Tax-Assessed Value

below average
220k
0255075100
Same streetBottom 12%Same areaBottom 4%CitywideBottom 11%
Same street · Woodlands Crescent
#78 / 89
Bottom 12% · Avg 316.2k
Same area · Kirkfield
#705 / 738
Bottom 4% · Avg 392.2k
Citywide · Winnipeg
#172,516 / 194,458
Bottom 11% · Avg 390.1k

Year Built

around average
1957
0255075100
Same streetTop 47%Same areaBottom 20%CitywideBottom 37%

Lot Size

around average
5,998 sqft
0255075100
Same streetBottom 34%Same areaBottom 38%CitywideTop 32%

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

493 Woodlands Crescent — 13 amenities found within 500 m, across 3 categories, including 7 dining (nearest 249 m), 1 healthcare (nearest 191 m), 5 parks (nearest 46 m).

Search radius
🍽️Dining7
🏥Healthcare1
🌳Parks5

Crime & Safety

Kirkfield · WPS public data · 2026

Annual incidents

8

2026

vs. city avg

-73%

relative to avg

Year-over-year

-92%

vs. prior year

Primary type

Property

63%

Sales History

Sold 2/2025CA$250k–300k
Sold price

Same street

Bottom 32%

Same area

Bottom 15%

City-wide

Bottom 24%

Related homes

Highlights & common questions: 493 Woodlands Crescent, Winnipeg

Property Overview: 493 Woodlands Crescent, Winnipeg

Key Characteristics, Appeal & Ideal Buyer

This is a compact, one-storey home built in 1957, situated on a standard-sized lot in Winnipeg's Kirkfield neighbourhood. Its key characteristic is its modest scale, with a living area of 786 sq ft that places it below the average size for its immediate street, area, and the wider city. The home has a basement (not renovated) and no garage or pool.

The primary appeal lies in its affordability and efficiency. With an assessed value significantly below city averages, it represents a lower barrier to entry into the Winnipeg housing market. The lot size is consistent with the area, offering typical outdoor space without excessive maintenance. A thoughtful perspective is that this smaller footprint can mean lower utility costs and less space to furnish and maintain, appealing to a practical, cost-conscious lifestyle. It suits first-time homebuyers, downsizers looking to simplify, or investors seeking a rental property with a manageable overhead. It's a home for those who prioritize financial pragmatism and a cozy, efficient layout over spaciousness.


Frequently Asked Questions

1. Is the price negotiable below the assessed value?
While the assessed value is a municipal estimate for tax purposes, the recent sold price history (in the $235k-$265k range in early 2023) is a more direct indicator of market value. Any negotiation would be based on current market conditions and the property's state compared to that last sale.

2. What are the implications of the "not renovated" basement?
This indicates the basement is in original or functional condition but not modernized. It provides valuable utility and storage space, but a buyer should budget for potential updates for moisture control, insulation, or finishing to suit their needs. An inspection is highly recommended.

3. How does the lack of a garage affect daily life and value?
For this area and price point, the absence of a garage is common. Buyers should plan for street parking and consider the cost of adding a shed or carport for storage and vehicle protection, which would be a future value-add.

4. The home is smaller than average. Can it be expanded?
The lot size is standard for the area, so a lateral addition may be possible subject to zoning bylaws and setback requirements. A more common approach for growing space would be to renovate or finish the existing basement.

5. What is the neighbourhood feel like in this part of Kirkfield?
The property is on a crescent, which typically means lighter traffic. The consistent lot sizes and era of homes suggest a stable, established community. The rankings show the home is typical for its immediate street, indicating a uniform character without extreme outliers in property size or value.

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