81 Addison Crescent

Westwood, Winnipeg

Property score

69.4

Good

Overall 69.4 · Compared with neighbourhood average

1,220 sqft (bottom 44%) · 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

Near average

11% 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

69.4 is composed by the two sections below.

Property Score

61.7Fair
Living Area66
1,220 sqftGood
Year Built46
1963Low
Lot Size74
5,634 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
1,220 sqft
0255075100
Same streetTop 41%Same areaBottom 44%CitywideTop 48%
Same street · Addison Crescent
#24 / 59
Top 41% · Avg 1,257 sqft
Same area · Westwood
#1,414 / 2,523
Bottom 44% · Avg 1,372 sqft
Citywide · Winnipeg
#93,750 / 194,458
Top 48% · Avg 1,342 sqft

Tax-Assessed Value

around average
336k
0255075100
Same streetBottom 10%Same areaBottom 18%CitywideBottom 41%
Same street · Addison Crescent
#53 / 59
Bottom 10% · Avg 361k
Same area · Westwood
#2,062 / 2,523
Bottom 18% · Avg 392.1k
Citywide · Winnipeg
#114,442 / 194,458
Bottom 41% · Avg 390.1k

Year Built

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

Lot Size

around average
5,634 sqft
0255075100
Same streetTop 39%Same areaBottom 33%CitywideTop 40%

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

81 Addison Crescent — 5 amenities found within 500 m, across 2 categories, including 2 education (nearest 242 m), 3 parks (nearest 342 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 7/2024CA$400k–450k
Sold price

Same street

Top 23%

Same area

Top 31%

City-wide

Top 32%

Related homes

Highlights & common questions: 81 Addison Crescent, Winnipeg

Property Overview & Key Characteristics

This one-storey home at 81 Addison Crescent in Winnipeg's Westwood neighbourhood presents a practical, no-frills opportunity. Built in 1963, its key appeal lies in its solid foundation and recent updates. The 1,220 sqft living space sits on a larger-than-average lot (over 5,600 sqft), offering valuable outdoor space in a mature area. A significant feature is the renovated basement, which adds functional living area. The home lacks a garage, which is a trade-off for its price point.

Its primary appeal is value and potential. It recently sold for a price significantly above its assessed value, suggesting buyers saw immediate value in its condition or the lot itself. It would suit first-time buyers looking for an entry point into a stable neighbourhood, practical homeowners who value space over luxury finishes, or investors seeking a property with a strong land component. The rankings show it's a mid-pack home in its immediate area but offers more living and land space than many in the wider city, positioning it as a sensible, grounded choice.

Frequently Asked Questions

1. Why is the recent sale price so much higher than the assessed value?
This is common when a property has seen significant improvements not yet fully reflected in the assessment, or when market demand for the location is strong. The renovated basement likely contributed to the higher sale price.

2. What are the implications of not having a garage?
It means lower maintenance and costs, but requires planning for vehicle parking and storage. The large lot does offer potential for adding a garage or shed in the future, subject to local bylaws.

3. How does the lot size compare to others?
At 5,634 sqft, the lot is notably larger than many in Winnipeg. This ranks it in the top 40% city-wide, offering more private outdoor space than typical for the price range.

4. What is the neighbourhood like?
Westwood is a long-established, mature neighbourhood. The home's rankings show it is fairly typical for the area in terms of age and size, suggesting a consistent, stable streetscape without extreme highs or lows.

5. Who might this property not suit?
Buyers seeking a modern, turn-key home or those who require substantial indoor parking (like for multiple vehicles or a workshop) may find it lacking. It's best viewed as a solid foundation to build upon.