Property score
87.4
Excellent
Overall 87.4 · Larger and newer than most nearby homes
2,166 sqft (top 17%) · Built in 2023 (2 yrs newer than avg)
Located in a high-income area with median household income of ~103k
Transit 70.0 · 1-min walk to transit with 1 nearby route · Within 500m: 1 park nearby
Living Area
Above average
21% larger than neighborhood avg.
Year Built
Above average
2 yrs newer than neighborhood avg.
Mother tongue
English · 40%Chinese · 21%
Past 10 years South Pointe West sales snapshot (~80% of all data)
707
580.2k
$342/sqft
2021
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87.4 is composed by the two sections below.
Property Score
Community Score
South Pointe West
How to read: Share of sales in each ~$50k price band for “south pointe west” (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: #46111257
$103K
Median household income
$120K
Average household income
14%
Low income (LIM-AT)
0.3
Income inequality (Gini)
4.4
P90 / P10 ratio
13%
Single-person households
44%
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 Crystal Lake Terrace — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 463 m).
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 18% | Top 24% | Top 7% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview & Key Characteristics
This two-storey home at 3 Crystal Lake Terrace is a modern property, built in 2023, offering a move-in-ready opportunity in Winnipeg's South Pointe West neighbourhood. Its primary appeal lies in its combination of new construction benefits and above-average space. With 2,166 sqft of living area, it ranks in the top 5% of homes on its street for size, and it sits on a substantial 5,008 sqft lot. The home features an attached garage and a basement (unrenovated), providing a blank canvas for future expansion.
The property suits buyers looking for a modern home without the wait of building, who value spacious interiors and a larger lot in a newer community. Its strong rankings for living area and year built suggest it is a notably contemporary and roomy option compared to many in the wider Winnipeg area. A thoughtful perspective is that while the basement is unfinished, this allows the next owner to customize the space to their specific needs without needing to undo previous renovations. The recent 2023 sale also provides a clear, up-to-date market benchmark for value.
Frequently Asked Questions
1. What does the "Top X%" ranking mean for this property?
These rankings compare this specific home against others on its street, in the South Pointe West neighbourhood, and across all of Winnipeg. For example, ranking in the top 5% for living area on its street means it is larger than 95% of the homes on Crystal Lake Terrace.
2. The assessed value is $55.20k, but it sold for $60.50k in 2023. Why the difference?
Municipal assessed value for taxation purposes often lags behind current market value. The more recent sale price from July 2023 is generally a stronger indicator of the home's market worth.
3. What is the significance of the lot size?
At 5,008 sqft, the lot is larger than average for the area (ranking in the top 23% on its street). This offers more outdoor space for gardening, recreation, or future additions like a deck or shed, which can be a premium in newer subdivisions.
4. The basement is noted as "not renovated." What condition is it in?
As a 2023 build, the basement is almost certainly unfinished but functional. It will have bare walls, concrete floors, and be ready for insulation, drywall, and flooring to be completed as a future project.
5. How does this home compare to other newer builds in the area?
The provided "Worth viewing" comparisons show nearby homes built in 2024 with smaller living areas (1,500-1,820 sqft) and similar assessed values. This suggests 3 Crystal Lake Terrace may offer more interior space for a comparable price point, being just one year older.
