129 Riley Crescent

Crescent Park, Winnipeg

Property score

65.9

Good

Overall 65.9 · Smaller than most nearby homes

1,092 sqft (bottom 27%) · Built in 1954 (2 yrs older than avg)

Located in a above-average income area with median household income of ~87k

Transit 76.0 · 5-min walk to transit with 4 nearby routes · Within 500m: 2 schools, 5 parks, and 1 place of worship nearby

Living Area

Below average

22% smaller than neighborhood avg.

Year Built

Near average

2 yrs older than neighborhood avg.

Mother tongue

English · 78%Punjabi · 2%

Past 10 years Crescent Park sales snapshot (~80% of all data)

Sold Count

250

Median price

701k

$/sqft

$402/sqft

Avg build year

1956

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Property score

65.9 is composed by the two sections below.

Property Score

53.7Fair
Living Area1,092 sqft52Fair
Year Built195436Low
Lot Size7,100 sqft88Excellent
Neighbourhood Sales Activity42Low

Community Score

84.2Excellent
Household Income79Good
Education Level100Excellent
Housing Stress83Excellent
Core Housing Need88Excellent
Employment Health76Good

Neighbourhood Sales

Crescent Park

How to read: Share of sales in each ~$50k price band for “crescent park” (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: #46110439

Community deep dive

$87K

Median household income

$122K

Average household income

10%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.7

P90 / P10 ratio

31%

Single-person households

25%

Families with children

Population, labour & age

Population (2021)495
Labour force participation rate68%
Median age44.8
Avg household size2.3
Unemployment rate4%
Population density2357 / km²

Households & income

Low income (LIM-AT, % pop.)10%
Single-person households31%
Couple families with children25%
Median household income (2020)$87K

Housing

Renter households17%
Condominium dwellings6%
Median dwelling value (owners)$360K

Diversity, education & language

Immigrants (share of pop.)12%
Visible minority16%
Bachelor's or higher (25–64)62%
Mother tongue (1st)English · 77%
Mother tongue (2nd)Punjabi · 2%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

around average
1,092 sqft
0255075100
Same streetTop 50%Same areaBottom 27%CitywideBottom 39%
Same street · Riley Crescent
#27 / 54
Top 50% · Avg 1,175 sqft
Same area · Crescent Park
#567 / 781
Bottom 27% · Avg 1,396 sqft
Citywide · Winnipeg
#118,853 / 194,458
Bottom 39% · Avg 1,342 sqft

Tax-Assessed Value

around average
402k
0255075100
Same streetTop 44%Same areaBottom 46%CitywideTop 38%
Same street · Riley Crescent
#24 / 54
Top 44% · Avg 401k
Same area · Crescent Park
#418 / 781
Bottom 46% · Avg 458.1k
Citywide · Winnipeg
#73,515 / 194,458
Top 38% · Avg 390.1k

Year Built

above average
1954
0255075100
Same streetTop 9%Same areaTop 38%CitywideBottom 33%

Lot Size

above average
7,100 sqft
0255075100
Same streetTop 19%Same areaTop 33%CitywideTop 16%

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

129 Riley Crescent — 8 amenities found within 500 m, across 3 categories, including 2 education (nearest 353 m), 5 parks (nearest 219 m).

Search radius
🏫Education2
🌳Parks5
Worship1

Crime & Safety

Crescent Park · WPS public data · 2026

Annual incidents

17

2026

vs. city avg

-42%

relative to avg

Year-over-year

-92%

vs. prior year

Primary type

Property

88%

Sales History

Sold 8/2016CA$300k–350k
Sold price

Same street

Bottom 32%

Same area

Bottom 43%

City-wide

Top 48%

Related homes

Highlights & common questions: 129 Riley Crescent, Winnipeg

Property Overview

129 Riley Crescent is a well-maintained, one-storey home built in 1954, situated on a generous 7,100 sqft lot in Winnipeg's Crescent Park neighborhood. Its key appeal lies in its balance of established character and practical updates, notably a renovated basement. With 1,092 sqft of living space, the home sits comfortably around the average size for its immediate street and the wider city. The lot size, however, is a standout feature, ranking above average both on its street and citywide, offering valuable outdoor space and potential. The assessed value is consistent with the local area.

This property would suit first-time buyers or downsizers looking for a manageable single-level layout in a mature neighborhood. It’s also a sensible choice for a value-oriented buyer who prioritizes a larger lot over a larger house, seeing the land as a long-term asset. The renovated basement adds functional living space, making it practical for small families or those needing a home office or recreational area.


Frequently Asked Questions

How does the home’s age affect maintenance?
Built in 1954, the home is older than most in the city. While this can mean periodic updates are needed, the house is notably well-kept for its age on Riley Crescent, ranking in the top 9% on its street. A thorough inspection is recommended to understand the condition of major systems.

Is the lot size a significant advantage?
Yes. The 7,100 sqft lot is a key feature, larger than many comparable properties. This provides ample yard space, greater privacy, and future potential for gardening, expansion, or additions, subject to local bylaws.

What does the "renovated basement" typically include?
While specifics should be verified, a renovated basement in a home of this era often means it has been finished into livable space, such as a family room, bedroom, or utility area, with proper flooring, walls, and ceiling. It adds valuable functional square footage to the main floor living area.

How does the property compare in value to the neighborhood?
The assessed value is very aligned with the immediate street and Crescent Park area, indicating it is priced consistently within its market context. It represents a mid-range option in the neighborhood, not an outlier.

What is the parking situation without a garage?
The property has no garage. Buyers should plan for driveway or on-street parking. The wide lot may offer potential to add a parking pad or garage in the future, subject to municipal regulations and permitting.

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