38 Addison Crescent

Westwood, Winnipeg

Property score

63.7

Fair

Overall 63.7 · Smaller than most nearby homes

1,040 sqft (bottom 8%) · Built in 1964 (2 yrs older than avg)

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

Transit 70.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 1 school, and 3 parks nearby

Living Area

Below average

24% smaller 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

63.7 is composed by the two sections below.

Property Score

52.3Fair
Living Area52
1,040 sqftFair
Year Built46
1964Low
Lot Size67
5,128 sqftGood
Neighbourhood Sales Activity37
Low

Community Score

80.9Excellent
Household Income85
Excellent
Education Level54
Fair
Housing Stress100
Excellent
Core Housing Need100
Excellent
Employment Health76
Good

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
1,040 sqft
0255075100
Same streetBottom 8%Same areaBottom 8%CitywideBottom 32%
Same street · Addison Crescent
#54 / 59
Bottom 8% · Avg 1,257 sqft
Same area · Westwood
#2,313 / 2,523
Bottom 8% · Avg 1,372 sqft
Citywide · Winnipeg
#132,478 / 194,458
Bottom 32% · Avg 1,342 sqft

Tax-Assessed Value

around average
350k
0255075100
Same streetBottom 27%Same areaBottom 32%CitywideBottom 46%
Same street · Addison Crescent
#43 / 59
Bottom 27% · Avg 361k
Same area · Westwood
#1,720 / 2,523
Bottom 32% · Avg 392.1k
Citywide · Winnipeg
#104,540 / 194,458
Bottom 46% · Avg 390.1k

Year Built

around average
1964
0255075100
Same streetTop 34%Same areaBottom 42%CitywideBottom 46%

Lot Size

around average
5,128 sqft
0255075100
Same streetBottom 41%Same areaBottom 12%CitywideBottom 49%

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

38 Addison Crescent — 4 amenities found within 500 m, across 2 categories, including 1 education (nearest 157 m), 3 parks (nearest 318 m).

Search radius
🏫Education1
🌳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 4/2016CA$250k–300k
Sold price

Same street

Bottom 23%

Same area

Bottom 17%

City-wide

Bottom 37%

Related homes

Highlights & common questions: 38 Addison Crescent, Winnipeg

38 Addison Crescent – Property Summary

Key Characteristics & Buyer Profile

This 1964 bungalow sits on a 5,128 sqft lot in Winnipeg’s Westwood neighbourhood, with 1,040 sqft of living space and an assessed value of $350,000. Compared to nearby homes on Addison Crescent, the property is smaller than average in both living area and lot size, and its assessed value falls slightly below the street median. Citywide, however, it sits much closer to the middle of the pack, suggesting the pricing is less about the home itself and more about the specific street’s premium.

The main appeal here is accessibility. At a price point well below the neighbourhood average of $392,100, this is one of the more affordable options in Westwood—a mature, established area. The trade-off is space: buyers who prioritize a lower entry cost over square footage or a large yard will find this property makes sense. It would best suit first-time buyers looking to get into a stable, central Winnipeg neighbourhood, or investors seeking a smaller-footprint rental in an area with consistent demand. Less obviously, it may also appeal to downsizers who want to stay in Westwood but no longer need a 1,500+ sqft home—though the 1964 build date means some updating is likely expected.


Frequently Asked Questions

1. How does this home’s assessed value compare to similar houses in the area?
On Addison Crescent, it ranks 43rd out of 59 homes, meaning about 73% of properties on the street are valued higher. In Westwood as a whole, it is around average, ranking in the top 68%. Citywide, it lands near the middle (top 54%). So while it is one of the more affordable options on its block, it is not unusually cheap for Winnipeg overall.

2. Is the 1,040 sqft living area considered small for the neighbourhood?
Yes. The average living area in Westwood is 1,372 sqft, placing this home in the bottom 12% of the neighbourhood. On its own street, it ranks 54th out of 59 homes. It is a genuinely compact house relative to its surroundings.

3. What is the lot size, and how does it compare?
The land area is 5,128 sqft—about 500 sqft smaller than the street average (5,662 sqft) and over 1,300 sqft smaller than the Westwood average (6,491 sqft). Citywide, it is almost exactly average. The yard is modest but not unusual for a city lot.

4. How old is the property, and has it likely been updated?
Built in 1964, which is consistent with the average age of homes on Addison Crescent and across Westwood. A home of this vintage may have original mechanicals or finishes, though the data does not indicate whether renovations have been done. Buyers should budget for potential updates to plumbing, electrical, windows, or insulation.

5. What does the ranking system in the data actually mean?
Each rank compares the property against other “comparable homes” at the street, neighbourhood, and city level. A rank of 54 out of 59 means 54 homes are smaller (or lower in value, etc.)—so you are in the bottom tier for that metric. The “Top 92%” notation means you are outperforming only 8% of peers in that category. The bar fill shows what share of homes you beat; the colour indicates performance tier (e.g., red for well below average, amber for around average).