123 Cedargrove Crescent

Mission Gardens, Winnipeg

Property score

59.1

Fair

Overall 59.1 · Smaller than most nearby homes

871 sqft (bottom 15%) · Built in 1987 (1 yr older than avg)

Located in a high-income area with median household income of ~106k

Transit 54.0 · 9-min walk to transit with 2 nearby routes · Within 500m: 5 parks nearby

Living Area

Below average

25% smaller than neighborhood avg.

Year Built

Near average

1 yrs older than neighborhood avg.

Mother tongue

English · 70%Tagalog · 6%

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

Sold Count

456

Median price

413k

$/sqft

$355/sqft

Avg build year

1988

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Property score

59.1 is composed by the two sections below.

Property Score

44.4Low
Living Area871 sqft32Low
Year Built198778Good
Lot Size4,133 sqft53Fair
Neighbourhood Sales Activity32Low

Community Score

81.2Excellent
Household Income87Excellent
Education Level54Fair
Housing Stress93Excellent
Core Housing Need100Excellent
Employment Health76Good

Neighbourhood Sales

Mission Gardens

How to read: Share of sales in each ~$50k price band for “mission gardens” (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: #46110821

Community deep dive

$106K

Median household income

$119K

Average household income

4%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.6

P90 / P10 ratio

16%

Single-person households

35%

Families with children

Population, labour & age

Population (2021)1,082
Labour force participation rate71%
Median age38.0
Avg household size3.0
Unemployment rate7%
Population density2576 / km²

Households & income

Low income (LIM-AT, % pop.)4%
Single-person households16%
Couple families with children35%
Median household income (2020)$106K

Housing

Renter households6%
Condominium dwellings0%
Median dwelling value (owners)$352K

Diversity, education & language

Immigrants (share of pop.)33%
Visible minority41%
Bachelor's or higher (25–64)28%
Mother tongue (1st)English · 70%
Mother tongue (2nd)Tagalog · 6%

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

Rankings

Living Area

below average
871 sqft
0255075100
Same streetBottom 18%Same areaBottom 15%CitywideBottom 14%
Same street · Cedargrove Crescent
#59 / 72
Bottom 18% · Avg 1,020 sqft
Same area · Mission Gardens
#1,164 / 1,366
Bottom 15% · Avg 1,162 sqft
Citywide · Winnipeg
#167,190 / 194,458
Bottom 14% · Avg 1,342 sqft

Tax-Assessed Value

around average
341k
0255075100
Same streetBottom 42%Same areaBottom 34%CitywideBottom 43%
Same street · Cedargrove Crescent
#42 / 72
Bottom 42% · Avg 347.3k
Same area · Mission Gardens
#903 / 1,366
Bottom 34% · Avg 373.4k
Citywide · Winnipeg
#110,825 / 194,458
Bottom 43% · Avg 390.1k

Year Built

Elite
1987
0255075100
Same streetTop 1%Same areaTop 44%CitywideTop 25%

Lot Size

around average
4,133 sqft
0255075100
Same streetBottom 43%Same areaBottom 22%CitywideBottom 28%

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

123 Cedargrove Crescent — 5 amenities found within 500 m, across 1 categories, including 5 parks (nearest 119 m).

Search radius
🌳Parks5

Crime & Safety

Mission Gardens · WPS public data · 2026

Annual incidents

9

2026

vs. city avg

-69%

relative to avg

Year-over-year

-93%

vs. prior year

Primary type

Property

67%

Sales History

Sold 4/2020CA$250k–300k
Sold price

Same street

Bottom 39%

Same area

Bottom 30%

City-wide

Bottom 36%
Sold 7/2016CA$250k–300k
Sold price

Same street

Bottom 27%

Same area

Bottom 24%

City-wide

Bottom 31%

Related homes

Highlights & common questions: 123 Cedargrove Crescent, Winnipeg

Property Overview: 123 Cedargrove Crescent, Winnipeg

Key Characteristics & Appeal

This home at 123 Cedargrove Crescent in Mission Gardens presents a practical and straightforward opportunity. Built in 1987, it is notably the newest home on its street, which may suggest updated core systems compared to older neighbours. With 871 sqft of living space, the house is compact, ranking below the average size for its immediate area and the wider city. This positions it as a more manageable, lower-maintenance footprint. The lot size of 4,133 sqft is fairly typical for the street but smaller than many lots in the broader neighbourhood.

Its primary appeal lies in its efficiency and established location. The assessed value is consistently around the average mark at every comparison level—street, neighbourhood, and city—indicating a stable, mid-market valuation without premium pricing. Recent sale history shows it traded within the $250k-$300k range in both 2016 and 2020. This profile suits first-time buyers seeking an entry point into a mature area, downsizers looking to reduce space and upkeep, or investors interested in a property with steady, unassuming value in a long-established community.

A less obvious perspective is that its "newest on the block" status could be a double-edged sword; while potentially beneficial for components like wiring or plumbing, it may also mean less character or renovation potential compared to older homes on the street. Its consistent, average valuation across metrics suggests it is a property that closely follows market norms rather than standing out.

Frequently Asked Questions

1. Is this a good value for the price?
The data suggests it is priced squarely in line with the market. Its assessed value and past sale prices consistently rank around the middle of the pack compared to similar homes on its street, in Mission Gardens, and across Winnipeg, indicating neither a bargain nor a premium.

2. Who would this home suit best?
The below-average living space and manageable lot size make it ideal for individuals, couples, or small families who prioritize low maintenance. It’s a practical choice for first-time buyers or those downsizing who want an established neighbourhood without a large footprint.

3. What does being the "newest" house on the street mean?
Built in 1987, it is the most recently constructed home among the 72 on Cedargrove Crescent. This could imply newer major systems (like electrical or plumbing) than neighbours, potentially reducing immediate repair costs, though a specific inspection is needed to confirm the condition.

4. How does the lot size compare?
At just over 4,000 sqft, the lot is slightly below the average for the Mission Gardens area. It provides a decent outdoor space but may offer less privacy or room for expansion than larger lots in the neighbourhood.

5. Where can I see more detailed comparisons with nearby homes?
You can use the provided link to open a neighbourhood map analysis. This tool allows you to visually compare this property with nearby houses based on year built, living area, assessed value, and lot size.

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.