132 Riley Crescent

Crescent Park, Winnipeg

Property score

62.0

Fair

Overall 62.0 · Smaller than most nearby homes

981 sqft (bottom 10%) · Built in 1953 (3 yrs older than avg)

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

Transit 86.0 · 5-min walk to transit with 4 nearby routes · Within 500m: 2 schools, and 3 parks nearby

Living Area

Below average

30% smaller than neighborhood avg.

Year Built

Near average

3 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

62.0 is composed by the two sections below.

Property Score

47.2Low
Living Area981 sqft42Low
Year Built195336Low
Lot Size6,925 sqft85Excellent
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

below average
981 sqft
0255075100
Same streetBottom 24%Same areaBottom 10%CitywideBottom 24%
Same street · Riley Crescent
#41 / 54
Bottom 24% · Avg 1,175 sqft
Same area · Crescent Park
#699 / 781
Bottom 10% · Avg 1,396 sqft
Citywide · Winnipeg
#147,645 / 194,458
Bottom 24% · Avg 1,342 sqft

Tax-Assessed Value

above average
451k
0255075100
Same streetTop 7%Same areaTop 24%CitywideTop 28%
Same street · Riley Crescent
#4 / 54
Top 7% · Avg 401k
Same area · Crescent Park
#188 / 781
Top 24% · Avg 458.1k
Citywide · Winnipeg
#54,801 / 194,458
Top 28% · Avg 390.1k

Year Built

around average
1953
0255075100
Same streetTop 35%Same areaBottom 45%CitywideBottom 31%

Lot Size

above average
6,925 sqft
0255075100
Same streetTop 30%Same areaTop 39%CitywideTop 18%

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

132 Riley Crescent — 5 amenities found within 500 m, across 2 categories, including 2 education (nearest 413 m), 3 parks (nearest 200 m).

Search radius
🏫Education2
🌳Parks3

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 11/2024CA$450k–500k
Sold price

Same street

Top 12%

Same area

Top 17%

City-wide

Top 20%

Related homes

Highlights & common questions: 132 Riley Crescent, Winnipeg

Property Overview: 132 Riley Crescent, Crescent Park, Winnipeg

Section 1: Key Characteristics & Appeal

This one-storey home on Riley Crescent presents a compelling mix of space, value, and location. Its key characteristic is a generous, above-average lot of nearly 7,000 sqft, offering significant outdoor space that is increasingly rare, especially within the city. While the living area (981 sqft) is modest compared to local averages, the property benefits from a renovated basement, adding functional space. Built in 1953, it is typical for the neighbourhood.

The appeal lies in its strong value proposition and potential. The home’s assessed value ranks well above average for its immediate street and area, suggesting it is a solid asset within Crescent Park. This, combined with the large lot, positions it as a property with good underlying value relative to its peers. It’s suited for first-time buyers or downsizers seeking a manageable single-level layout in an established area, and for value-oriented buyers who see potential in the ample yard for gardening, expansion, or future enjoyment. It’s a home that offers more land than typical, providing a sense of space and possibility without a premium city-wide price tag.

Section 2: Frequently Asked Questions

1. Is the house smaller than others in the area?
Yes, the living space is below the average for both Riley Crescent and the broader Crescent Park area. However, this is balanced by the renovated basement and the significantly larger-than-average lot size.

2. What does the high assessed value ranking mean?
The home’s assessed value is in the top 7% on its street and top 24% in Crescent Park. This indicates that, for tax purposes, it is valued more highly than many comparable homes nearby, often reflecting lot size, improvements, or market positioning in a desirable location.

3. How does the recent sale price relate to the assessed value?
The property sold for $47.20k in November 2024, which is close to its $45.10k assessed value. This suggests the sale was aligned with its official valuation, a point of interest for buyers comparing market price to municipal assessment.

4. Is the large lot a common feature here?
The lot is above average for the street and city-wide, but is around the median size within the wider Crescent Park area. This means you get a sizable yard for the specific location, which may be a standout feature on that block.

5. What is the neighbourhood like for a 1950s home?
Crescent Park is an established neighbourhood with homes from a similar era. The year built (1953) is very typical, meaning you can expect similar architectural styles and mature landscaping throughout the area, contributing to a consistent streetscape.

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