114 Addison Crescent

Westwood, Winnipeg

Property score

72.0

Good

Overall 72.0 · Larger than most nearby homes

1,482 sqft (top 29%) · Built in 1963 (3 yrs older than avg)

Located in a high-income area with median household income of ~102k

Transit 62.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 2 schools, and 3 parks nearby

Living Area

Above average

8% larger than neighborhood avg.

Year Built

Below average

3 yrs older than neighborhood avg.

Mother tongue

English · 89%Chinese · 2%

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

Sold Count

898

Median price

405k

$/sqft

$307/sqft

Avg build year

1966

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Property score

72.0 is composed by the two sections below.

Property Score

66.1Good
Living Area1,482 sqft75Good
Year Built196346Low
Lot Size5,121 sqft67Good
Neighbourhood Sales Activity37Low

Community Score

80.9Excellent
Household Income85Excellent
Education Level54Fair
Housing Stress100Excellent
Core Housing Need100Excellent
Employment Health76Good

Neighbourhood Sales

Westwood

How to read: Share of sales in each ~$50k price band for “westwood” (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: #46110319

Community deep dive

$102K

Median household income

$122K

Average household income

6%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.6

P90 / P10 ratio

12%

Single-person households

31%

Families with children

Population, labour & age

Population (2021)651
Labour force participation rate65%
Median age41.6
Avg household size2.8
Unemployment rate4%
Population density3616 / km²

Households & income

Low income (LIM-AT, % pop.)6%
Single-person households12%
Couple families with children31%
Median household income (2020)$102K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$348K

Diversity, education & language

Immigrants (share of pop.)13%
Visible minority14%
Bachelor's or higher (25–64)28%
Mother tongue (1st)English · 89%
Mother tongue (2nd)Chinese · 1%

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

Rankings

Living Area

above average
1,482 sqft
0255075100
Same streetTop 12%Same areaTop 29%CitywideTop 32%
Same street · Addison Crescent
#7 / 59
Top 12% · Avg 1,257 sqft
Same area · Westwood
#724 / 2,523
Top 29% · Avg 1,372 sqft
Citywide · Winnipeg
#61,458 / 194,458
Top 32% · Avg 1,342 sqft

Tax-Assessed Value

around average
356k
0255075100
Same streetBottom 47%Same areaBottom 38%CitywideBottom 48%
Same street · Addison Crescent
#31 / 59
Bottom 47% · Avg 361k
Same area · Westwood
#1,560 / 2,523
Bottom 38% · Avg 392.1k
Citywide · Winnipeg
#100,496 / 194,458
Bottom 48% · Avg 390.1k

Year Built

around average
1963
0255075100
Same streetBottom 46%Same areaBottom 32%CitywideBottom 45%

Lot Size

around average
5,121 sqft
0255075100
Same streetBottom 15%Same areaBottom 5%CitywideBottom 48%

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

114 Addison Crescent — 5 amenities found within 500 m, across 2 categories, including 2 education (nearest 231 m), 3 parks (nearest 337 m).

Search radius
🏫Education2
🌳Parks3

Crime & Safety

Westwood · WPS public data · 2026

Annual incidents

9

2026

vs. city avg

-69%

relative to avg

Year-over-year

-97%

vs. prior year

Primary type

Property

100%

Sales History

Sold 11/2016CA$250k–300k
Sold price

Same street

Bottom 1%

Same area

Bottom 5%

City-wide

Bottom 26%

Related homes

Highlights & common questions: 114 Addison Crescent, Winnipeg

114 Addison Crescent – Property Summary

Key Characteristics & Buyer Fit

This is a 1,482 sqft home built in 1963 on a 5,121 sqft lot in Winnipeg’s Westwood neighbourhood. Its assessed value is $356,000. The property stands out most for its living space: it ranks in the top 12% on its street and top 29% in the neighbourhood, meaning the interior is notably larger than many nearby homes. The assessed value and year built are both fairly average for the area—nothing unusual there.

The land, however, is on the smaller side for Westwood. It ranks in the bottom 15% on the street and bottom 5% in the neighbourhood. This is the property's main trade-off: you get a roomier house than most in the area, but with less yard space.

The appeal here is for buyers who prioritize interior square footage and don't need a large lot. It would suit someone who wants more living space than the typical Westwood home offers, at a value that's in line with the neighbourhood average. It’s less ideal for buyers who want a big garden, room for an addition, or privacy between houses—those are harder to come by here unless neighbouring lots are undersized as well.


Frequently Asked Questions

1. How does the property compare to others on Addison Crescent?
On its own street, the home ranks well for living area (7th out of 59) but below average for lot size (50th out of 59). Assessed value and year built are both close to the street median. It’s a house that stands out for its interior, not its yard.

2. Is the assessed value fair given the home’s size?
The assessed value of $356,000 is slightly below the street average of $361,000 and notably below the neighbourhood average of $392,100. Given the generous living area, the value looks reasonable—the smaller lot likely pulls the assessment down compared to larger-land homes in Westwood.

3. How old is the property, and has it been updated?
It was built in 1963, which is typical for this street and neighbourhood. The data doesn't indicate whether renovations have been done—any recent updates to systems, windows, or finishes would need to be confirmed in person.

4. Why does the lot size matter so much for this property?
In Westwood, most homes sit on roughly 6,500 sqft lots. This one has about 5,100 sqft, which is noticeably tighter. That means less outdoor space, but also potentially less maintenance and a lower purchase price relative to homes with larger yards. It also limits expansion possibilities.

5. How does this rank city-wide?
Around 1,482 sqft of living area places it in the top third city-wide in Winnipeg, which is solid but not exceptional. The lot size, assessed value, and age all hover around the city median. In short, it’s a bigger-than-average house on a slightly smaller-than-average lot—within the normal range for the city as a whole.

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