Houses for sale in Winnipeg: Crescentwood (1B)

Houses for sale in Crescentwood, Winnipeg have a community that features many exclusive homes along Wellington Crescent on the banks of the Assiniboine. While the area is primarily a residential one, there are also a number of trendy shops and restaurants present, particularly along Corydon Avenue between Pembina Highway and Stafford Street. Architectural diversity, landscaped yards, good schools, and attractive parks contribute to the neighbourhood's overall appeal. Large homes with impressive large lots originally dominated the area, particularly near the Assiniboine River but over time Crescentwood has diversified to include a variety of houses, condos, and apartments while retaining its reputation as one of the city's wealthier neighbourhoods.

Osborne Village and this portion of Crescentwood form the MLS® area 1B. The greater city area, considered River Heights, is arguably one of Winnipeg's hottest real estate markets. Homes on Wellington Crescent proper are almost all mansions, while the street itself serves as one of several east-west thoroughfares, with others including Academy Road – known for its chic shopping, Corydon – which is studded with patios, and Grant – which is the busiest of the lot, and home to Grant Park Mall and other larger amenities. Osborne Village itself was once considered one of Canada’s coolest neighbourhoods for its boho-chic vibe (it’s also filled with nice apartments with views of the Assiniboine River). Riverview is perhaps the most-affordable area in River Heights for the moment, but the place continues to grow in price due to the excellence of South Osborne, a district that has become a culinary and live music destination.

One of Winnipeg's grand character neighbourhoods

Crescentwood is about as good as character housing gets in this city, and the 1B side sits right in the middle of it. Think stately homes close to a century old, Edwardian, Tudor Revival, Arts and Crafts, Colonial Revival, on big, leafy lots under those hundred-year-old tree canopies. The grandest sit near the Assiniboine. But it is not all mansions. Over the years the area has picked up smaller houses, some infill, a few condos, so there are more ways in than the biggest estates let on.

Owning a century home

The charm of a house this old is the whole point, and it comes with responsibilities. A place built in the early 1900s may still have some of its original wiring or plumbing, or a foundation that wants attention, so a proper inspection is money well spent here. Ask what has been updated, the electrical, the plumbing, the heating, the roof. A well-loved character home that has been carefully modernized is a joy. One that has been left alone for decades is a project. Know which one you are looking at.

What buyers and sellers should know

Buyers, the value in Crescentwood is tied up in the street, the lot and the state of the house as much as the square footage, so two similar-looking homes can be very different once you dig in. Sellers, this is a neighbourhood people seek out by name, so lean into the original details, the woodwork, the leaded glass, the character, and be clear about the modern updates that make an old house easy to live in.

What styles of homes are in Crescentwood?
Grand character homes close to a century old, Edwardian, Tudor Revival, Arts and Crafts and Colonial Revival, on large, tree-lined lots.

Are there smaller or newer homes too?
Yes. Over time the area has added smaller houses, infill and some condos, so it is not only large estates.

Should I get an inspection on a century home?
Definitely. Older wiring, plumbing or foundations can need work, so a thorough inspection is worth it.

What sets Crescentwood apart?
Its early-1900s architecture, mature tree canopy and established, central setting.