82.2
Excellent
Property score
82.2
Excellent
Overall 82.2
Smaller and older than most nearby homes
1,492 sqft (bottom 7%)
Built in 1983 (9 yrs older than avg)
Located in a high-income area
with median household income of ~148k
Transit 82.0
2-min walk to transit with 3 nearby routes
Within 500m: 1 park nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
26% smaller than neighborhood avg.
Year Built
Below average
9 yrs older than neighborhood avg.
Mother tongue
English · 77%Chinese · 4%
Past 10 years Linden Woods sales snapshot (~80% of all data)
797
662.5k
$341/sqft
1992
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82.2 is composed by the two sections below.
Property Score
Community Score
Linden Woods
How to read: Share of sales in each ~$50k price band for “linden woods” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.
Sales-to-New-Listings
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
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.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111028
$148K
Median household income
$226K
Average household income
4%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.9
P90 / P10 ratio
12%
Single-person households
41%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
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.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
3 Glencrest Place — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 411 m).
Linden Woods · WPS public data · 2026
Annual incidents
16
2026
vs. city avg
-46%
relative to avg
Year-over-year
▼ -95%
vs. prior year
Primary type
Property
81%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 1% | Bottom 5% | Top 29% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This home at 3 Glencrest Place in Winnipeg's Linden Woods neighbourhood presents a specific value proposition. Built in 1983, it sits on a generous, above-average city-wide lot of nearly 7,000 sqft. With 1,492 sqft of living space, it is a more modest-sized home compared to others on its street and in Linden Woods, but it aligns closely with the average home size across Winnipeg. Its assessed value is notably lower than many in the immediate area, yet it ranks well above average compared to the entire city. This profile suggests a property that offers the prestige and space of a desirable neighbourhood without the premium typically associated with its larger, more updated counterparts.
Key Characteristics & Appeal
The primary appeal of this property lies in its land and location. The large lot in Linden Woods is a significant asset, offering ample outdoor space and potential in a well-regarded community. It suits a specific type of buyer: perhaps a downsizer seeking to maintain a prime address with a manageable home size, a value-conscious buyer looking to enter the Linden Woods market with room to customize over time, or an investor recognizing the underlying land value. Its city-wide above-average assessment against a below-average neighbourhood assessment indicates a price point that may provide relative value within this specific market.
The home last sold between $400k-$450k in 2020. Its current assessed value of $55.70k is consistent with Winnipeg's assessment methodology (a fraction of market value) and places it well below the neighbourhood average, hinting at a potentially competitive asking price. Buyers should see this as an opportunity to secure a large lot in a top area, with the understanding that the dwelling itself may require updates or is valued for its functional space rather than luxury finishes.
Frequently Asked Questions
1. Why is the assessed value so much lower than the likely selling price?
In Winnipeg, the City's assessed value for property tax purposes is intentionally a fraction of the estimated market value. It is used for taxation, not listing. The key metric is how this assessment ranks compared to neighbours (below average here), which can indicate relative value within the area.
2. The home seems smaller than others on the street. Is that a concern?
It is the smallest home on Glencrest Place by living area. This is the defining characteristic of the listing. It translates to a more manageable interior size and is a primary reason the assessed value is lower than neighbouring homes, which may appeal to those seeking a large lot without excessive square footage to maintain.
3. What does the sold price history tell us?
The home sold in the $400k-$450k range in 2020. This provides a historical benchmark. The exact price is available upon request from the listing service, which is a common practice to ensure data accuracy before use in financial decisions.
4. Is the 1983 build date a problem?
The home is of an average age for Winnipeg. While it may need system updates (roof, windows, HVAC) common for its era, its build year is newer than most on its street and in line with the Linden Woods average. A thorough inspection is always recommended.
5. How does this property compare to the wider Winnipeg market?
This is where its value perspective shifts. While it ranks below average for size and value within Linden Woods, it ranks above average for lot size and assessed value compared to the entire city. This highlights that you are purchasing a premium neighbourhood asset that stands out on a city-wide scale.
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