117 Addison Crescent

Westwood, Winnipeg

Property score

72.0

Good

Overall 72.0 · Larger than most nearby homes

1,482 sqft (top 29%) · Built in 1964 (2 yrs older than avg)

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

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

Living Area

Above average

8% larger than neighborhood avg.

Year Built

Near average

2 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 Built196446Low
Lot Size5,122 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
1964
0255075100
Same streetTop 34%Same areaBottom 42%CitywideBottom 46%

Lot Size

around average
5,122 sqft
0255075100
Same streetBottom 27%Same areaBottom 7%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

117 Addison Crescent — 6 amenities found within 500 m, across 2 categories, including 3 education (nearest 210 m), 3 parks (nearest 293 m).

Search radius
🏫Education3
🌳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 12/2016CA$300k–350k
Sold price

Same street

Bottom 32%

Same area

Bottom 31%

City-wide

Bottom 45%

Related homes

Highlights & common questions: 117 Addison Crescent, Winnipeg

117 Addison Crescent – Property Summary

Key Characteristics & Buyer Fit

This is a 1,482 sqft bungalow built in 1964, sitting on a 5,122 sqft lot in Winnipeg’s Westwood neighbourhood. Its assessed value is $356,000. The home’s main appeal is its living space: it’s comfortably above average on its street (top 12%) and within the neighbourhood (top 29%), offering more interior room than many nearby homes of the same era. The lot, however, is on the smaller side—well below the neighbourhood average and among the smallest on the street. That trade-off is the defining feature here: you get above-average indoor space on a below-average piece of land.

The property suits buyers who prioritize square footage over yard size. It would work well for someone looking for a solid, moderately sized family home in a established area, without paying a premium for a large lot. It’s less suited to anyone wanting gardening space, room for an addition, or a property that stands out on land area alone. The assessed value sits around the middle of the pack at every level, suggesting the pricing is reasonable for what’s offered—neither a steal nor overpriced relative to comparable homes.


Five Possible FAQs

1. How does the smaller lot affect long-term value?
A smaller lot can limit expansion options and may not appreciate as quickly as larger properties in the same area. However, it also means less maintenance and lower property taxes. For resale, the living area tends to matter more to buyers than lot size in this price range, so the interior square footage could offset the land disadvantage.

2. Is the year built a concern for maintenance?
1964 is typical for Westwood, so the home is among many of similar age. Structural issues are possible, but the average assessed value suggests no major red flags compared to neighbors. Focus on what’s been updated (roof, windows, mechanicals) rather than the construction year alone.

3. Why is the assessed value “around average” when the living area is above average?
Assessed value reflects a combination of factors: living area, lot size, condition, location, and recent sales. A smaller lot and potentially dated finishes can pull the value down even if the interior is spacious. The home may have good bones but not commanding features that push the price higher.

4. How does this property compare to newer homes in Winnipeg?
This is a mid-century home in a mature neighbourhood. It will have different construction materials and layout styles (likely fewer open-concept spaces) than newer builds. Buyers should expect solid construction but possibly smaller closets, less insulation, and an older floorplan. The living area is still competitive citywide (top 32%), but the lot is noticeably tighter than average.

5. What’s the best way to evaluate this home in person?
Pay attention to the layout’s efficiency: 1,482 sqft in a 1964 bungalow often means defined rooms rather than great rooms. Check for natural light and ceiling height, which can make the space feel larger or smaller than the number suggests. Also look at the yard—5,122 sqft can feel very different depending on whether it’s mostly front or back, and whether it’s fenced or usable.

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