43 Crystal Lake Terrace

South Pointe West, Winnipeg

Property score

82.1

Excellent

Overall 82.1 · Newer than most nearby homes

1,668 sqft (bottom 43%) · Built in 2022 (1 yr newer than avg)

Located in a high-income area with median household income of ~103k

Transit 70.0 · 2-min walk to transit with 1 nearby route · Within 500m: 1 park nearby

Living Area

Near average

7% smaller than neighborhood avg.

Year Built

Above average

1 yrs newer than neighborhood avg.

Mother tongue

English · 40%Chinese · 21%

Past 10 years South Pointe West sales snapshot (~80% of all data)

Sold Count

707

Median price

580.2k

$/sqft

$342/sqft

Avg build year

2021

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Property score

82.1 is composed by the two sections below.

Property Score

81.9Excellent
Living Area1,668 sqft83Excellent
Year Built2022100Excellent
Lot Size4,072 sqft53Fair
Neighbourhood Sales Activity83Excellent

Community Score

82.5Excellent
Household Income86Excellent
Education Level91Excellent
Housing Stress42Low
Core Housing Need88Excellent
Employment Health83Excellent

Neighbourhood Sales

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.

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: #46111257

Community deep dive

$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

Population, labour & age

Population (2021)11,365
Labour force participation rate77%
Median age30.4
Avg household size3.1
Unemployment rate8%
Population density1696 / km²

Households & income

Low income (LIM-AT, % pop.)14%
Single-person households13%
Couple families with children44%
Median household income (2020)$103K

Housing

Renter households21%
Condominium dwellings14%
Median dwelling value (owners)$500K

Diversity, education & language

Immigrants (share of pop.)47%
Visible minority69%
Bachelor's or higher (25–64)58%
Mother tongue (1st)English · 39%
Mother tongue (2nd)Chinese · 20%

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

Rankings

Living Area

above average
1,668 sqft
0255075100
Same streetBottom 18%Same areaBottom 43%CitywideTop 22%
Same street · Crystal Lake Terrace
#18 / 22
Bottom 18% · Avg 1,801 sqft
Same area · South Pointe West
#738 / 1,290
Bottom 43% · Avg 1,784 sqft
Citywide · Winnipeg
#43,203 / 194,458
Top 22% · Avg 1,342 sqft

Tax-Assessed Value

above average
487k
0255075100
Same streetBottom 14%Same areaBottom 34%CitywideTop 22%
Same street · Crystal Lake Terrace
#19 / 22
Bottom 14% · Avg 526.3k
Same area · South Pointe West
#847 / 1,290
Bottom 34% · Avg 514.4k
Citywide · Winnipeg
#42,666 / 194,458
Top 22% · Avg 390.1k

Year Built

Elite
2022
0255075100
Same streetBottom 18%Same areaTop 29%CitywideTop 1%

Lot Size

below average
4,072 sqft
0255075100
Same streetBottom 1%Same areaBottom 22%CitywideBottom 27%

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

43 Crystal Lake Terrace — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 416 m).

Search radius
🌳Parks1

Sales History

Sold 12/2023CA$550k–600k
Sold price

Same street

Bottom 41%

Same area

Top 33%

City-wide

Top 9%
Sold 10/2022CA$500k–550k
Sold price

Same street

Bottom 6%

Same area

Bottom 46%

City-wide

Top 16%

Related homes

Highlights & common questions: 43 Crystal Lake Terrace, Winnipeg

Property Overview: 43 Crystal Lake Terrace, Winnipeg

Section 1: Key Characteristics & Appeal

This home at 43 Crystal Lake Terrace in South Pointe West is a modern property built in 2022, offering 1,668 sqft of living space on a 4,072 sqft lot. Its appeal lies in its contemporary construction and strong citywide positioning. While it is one of the smaller and more modestly assessed homes on its own street of new builds, it stands well above the Winnipeg average for size, value, and newness. This creates an interesting dynamic: it offers a modern, low-maintenance lifestyle in a desirable new area, but with a potentially more accessible entry point compared to its immediate neighbors.

The property would suit buyers seeking a nearly new home without the premium often attached to the largest models on the street. It’s ideal for professionals, small families, or downsizers who prioritize modern amenities and efficiency over a sprawling lot or the maximum square footage. The data suggests it’s a solid, above-average home city-wide that sits in the middle tier of its own rapidly developing neighborhood.

Section 2: Frequently Asked Questions

1. How does this home’s value compare to others on the street?
The home’s assessed value is below the average for Crystal Lake Terrace, ranking 19th out of 22 homes. This indicates it may be one of the more affordable options on a street of very new, similarly modern houses.

2. Is the lot size a concern?
The lot is the smallest on the street and below average for both the neighborhood and city. This means lower exterior maintenance but also less private outdoor space. It’s a trade-off that emphasizes the home itself over the yard.

3. What does the sale history tell us?
The home sold in late 2022 and again in late 2023. The sold price ranges show it transacted in the top third of the neighborhood and top 9% city-wide during its most recent sale, confirming its premium market position across Winnipeg despite being more moderate on its own block.

4. How modern is this home compared to all of Winnipeg?
Extremely modern. Its 2022 build date places it in the top 1% of homes city-wide by year built, meaning it benefits from current building codes, materials, and energy efficiency standards.

5. Where can I get verified sale price details?
The site provides estimated sold price ranges. Due to industry rules, exact MLS sale figures are not published online here. You can request the exact transaction history via email from the site’s team, who will manually provide the verified data.

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