123 Addison Crescent

Westwood, Winnipeg

Property score

63.7

Fair

Overall 63.7 · Smaller than most nearby homes

1,059 sqft (bottom 12%) · Built in 1963 (3 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: 4 schools, and 3 parks nearby

Living Area

Below average

23% smaller 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

63.7 is composed by the two sections below.

Property Score

52.3Fair
Living Area1,059 sqft52Fair
Year Built196346Low
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

around average
1,059 sqft
0255075100
Same streetBottom 12%Same areaBottom 12%CitywideBottom 34%
Same street · Addison Crescent
#52 / 59
Bottom 12% · Avg 1,257 sqft
Same area · Westwood
#2,218 / 2,523
Bottom 12% · Avg 1,372 sqft
Citywide · Winnipeg
#127,407 / 194,458
Bottom 34% · Avg 1,342 sqft

Tax-Assessed Value

above average
371k
0255075100
Same streetTop 27%Same areaTop 48%CitywideTop 47%
Same street · Addison Crescent
#16 / 59
Top 27% · Avg 361k
Same area · Westwood
#1,205 / 2,523
Top 48% · Avg 392.1k
Citywide · Winnipeg
#90,675 / 194,458
Top 47% · Avg 390.1k

Year Built

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

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

123 Addison Crescent — 7 amenities found within 500 m, across 2 categories, including 4 education (nearest 180 m), 3 parks (nearest 269 m).

Search radius
🏫Education4
🌳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 10/2017CA$300k–350k
Sold price

Same street

Bottom 27%

Same area

Bottom 31%

City-wide

Bottom 45%

Related homes

Highlights & common questions: 123 Addison Crescent, Winnipeg

123 Addison Crescent – Property Summary

Key Characteristics & Buyer Profile

This is a 1963 home with 1,059 sqft of living space on a 5,122 sqft lot. Its assessed value is $371,000. The property performs best on assessed value relative to its immediate street, ranking in the top 27% on Addison Crescent, where the average assessment is $361,000. However, the lot is smaller than typical for both the street and the Westwood neighbourhood. Living area is below average locally but roughly in line with citywide norms for comparable homes.

The appeal here is pragmatic. You’re getting a home that holds its value well compared to neighbours, in a Westwood setting that is not unusual for Winnipeg. It does not stand out for size or land, which may keep the price more accessible than bigger properties nearby. This would suit a buyer looking for a solid, modestly sized home in an established area—someone less concerned with having a large yard or extra square footage, and more focused on a property that is competitively priced relative to its assessed value. It could also work for an investor or first-time buyer wanting entry into a stable neighbourhood without paying a premium for space they may not need.


Five Possible FAQs

1. The assessed value is above average on the street but around average for the city. What does that mean for property taxes?
Taxes are based on the assessed value. Since the assessment is above the street average but close to the citywide median, your taxes should be typical for a home of this value in Winnipeg. You are not in a notably high-tax tier locally, but the property is valued more than some of its immediate neighbours.

2. The lot is smaller than most in Westwood. Is that a problem?
It depends on what you want. If you plan to garden, build a large deck, or have extensive outdoor space, the 5,122 sqft lot could feel tight—most lots in the neighbourhood are around 6,500 sqft. But smaller lots often mean less maintenance and lower yard costs. It also means the home itself may be priced lower than comparable homes with larger land.

3. The living area is below average for the street. Does that make it a harder resell?
Not necessarily. The street has a mix of sizes, and this home ranks in the bottom quarter locally. However, citywide it is close to average. The key for resale will be how the interior is laid out and maintained. Smaller homes can sell well if they are efficient, well-kept, and priced accordingly.

4. The home was built in 1963. Are there any typical issues to watch for?
Homes of this era often have original mechanical systems (furnace, electrical) or windows that may need updating. Insulation standards were lower then. It is worth checking if major systems have been replaced. That said, many 1960s homes in Winnipeg are structurally sound, with good bones—just budget for potential upgrades.

5. How does this property compare to others in the neighbourhood analysis map?
The neighbourhood analysis page lets you see exact comparisons for year built, square footage, assessed value, and lot size on a map. This property tends to be smaller on land and living area than many nearby homes, but it is priced competitively. The map will show whether that pricing reflects actual sale values or just assessments.

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.