46 Addison Crescent

Westwood, Winnipeg

Property score

66.6

Good

Overall 66.6 · Compared with neighbourhood average

1,170 sqft (bottom 31%) · 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: 2 schools, and 3 parks nearby

Living Area

Below average

15% 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

66.6 is composed by the two sections below.

Property Score

57.1Fair
Living Area60
1,170 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
1,170 sqft
0255075100
Same streetBottom 27%Same areaBottom 31%CitywideBottom 47%
Same street · Addison Crescent
#43 / 59
Bottom 27% · Avg 1,257 sqft
Same area · Westwood
#1,732 / 2,523
Bottom 31% · Avg 1,372 sqft
Citywide · Winnipeg
#103,011 / 194,458
Bottom 47% · Avg 1,342 sqft

Tax-Assessed Value

around average
347k
0255075100
Same streetBottom 24%Same areaBottom 29%CitywideBottom 45%
Same street · Addison Crescent
#45 / 59
Bottom 24% · Avg 361k
Same area · Westwood
#1,795 / 2,523
Bottom 29% · Avg 392.1k
Citywide · Winnipeg
#106,636 / 194,458
Bottom 45% · 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

46 Addison Crescent — 5 amenities found within 500 m, across 2 categories, including 2 education (nearest 155 m), 3 parks (nearest 327 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 12/2023CA$350k–400k
Sold price

Same street

Top 36%

Same area

Bottom 46%

City-wide

Top 46%

Related homes

Highlights & common questions: 46 Addison Crescent, Winnipeg

46 Addison Crescent – Property Summary

Key Characteristics & Buyer Profile

This is a 1,170 sqft bungalow built in 1964 on a 5,128 sqft lot in Winnipeg’s Westwood neighbourhood. Its appeal is rooted in practicality rather than standout specs. The living area is below average for Addison Crescent (ranked 43rd out of 59), and the assessed value of $347k is also below the street and neighbourhood averages. The lot is smaller than most in the area, which places it in the bottom quarter of Westwood properties. Where the home holds its own is in its age—it’s around average for both the street and the city, meaning it’s not an outlier that might come with deferred maintenance from a much older build, nor is it a newer home that commands a premium. This property suits a buyer who values a modest entry point into a stable, established neighbourhood. It’s not the biggest or the newest, but it’s not an extreme compared to its peers. A first-time buyer or someone looking to avoid overpaying for square footage they don’t need might find it a sensible fit. The less obvious angle: being below average on the street can mean less pressure to keep up with neighbours’ renovations, and a smaller lot often means less yard work—something a busy household or an older buyer might prefer.

Five Frequently Asked Questions

  1. How does the assessed value compare to similar homes nearby?
    The assessed value of $347k is below the Addison Crescent average of $361k and well below the Westwood neighbourhood average of $392k. Citywide, it sits near the middle (top 55%). This suggests a relatively affordable price point within the area, though it’s worth noting that assessments don’t always reflect current market conditions.

  2. Is the smaller lot a disadvantage?
    The lot is smaller than typical for Westwood (5,128 sqft vs. the neighbourhood average of 6,491 sqft). That means less outdoor space, but also less upkeep. For buyers who don’t need a large garden or who prioritize a lower purchase price over land size, it’s a trade-off worth considering.

  3. What does the year built (1964) imply about the home’s condition?
    It’s typical for the street and slightly older than the neighbourhood average (1966). Homes from the mid-1960s often have solid construction but may need updates to wiring, plumbing, or insulation. Any specific condition would depend on the property’s maintenance history, which isn’t captured in the ranking data.

  4. How does this property rank compared to others on Addison Crescent?
    It sits in the bottom half for living area (43rd out of 59) and assessed value (45th out of 59). For year built, it’s about average (20th out of 59). Lot size is also mid-range (35th out of 59). Essentially, it’s a modest home on a street with a mix of larger and more valuable properties.

  5. What type of buyer would get the most value out of this home?
    Someone who wants to live in Westwood without paying a premium for a larger lot or extra square footage. The below-average assessment might also appeal to buyers looking for a property that hasn’t been “priced up” by recent renovations or trends. It’s a straightforward, no-fuss option in a neighbourhood that otherwise averages higher in size and value.