62.5
Fair
Property score
62.5
Fair
Overall 62.5
Smaller than most nearby homes
932 sqft (bottom 5%)
Built in 1953 (3 yrs older than avg)
Located in a high-income area
with median household income of ~105k
Transit 76.0
7-min walk to transit with 4 nearby routes
Within 500m: 4 dining spots, 3 schools, 1 healthcare facility, and 3 parks nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
33% smaller than neighborhood avg.
Year Built
Near average
3 yrs older than neighborhood avg.
Mother tongue
English · 82%Punjabi · 2%
Past 10 years Crescent Park sales snapshot (~80% of all data)
250
701k
$402/sqft
1956
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62.5 is composed by the two sections below.
Property Score
Community Score
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.
Sales-to-New-Listings
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
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.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110440
$105K
Median household income
$109K
Average household income
10%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.9
P90 / P10 ratio
27%
Single-person households
32%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
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.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
29 Riley Crescent — 14 amenities found within 500 m, across 6 categories, including 4 dining (nearest 432 m), 3 education (nearest 401 m), 1 healthcare (nearest 445 m).
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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 36% | Top 33% | Top 32% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
29 Riley Crescent is a well-situated, one-storey home in Winnipeg's Crescent Park neighbourhood. Built in 1953, it sits on a generous 5,716 sqft lot and features a renovated basement and a detached garage. Its most defining characteristic is the balance it strikes: it offers a substantial, private yard on a quiet crescent, while the home itself is modest in size at 932 sqft of living area. This creates a distinct dynamic where the outdoor space is a major feature.
The appeal lies in this land-to-building ratio. It’s a property for those who prioritize private outdoor space, garden potential, and the stability of an established neighbourhood over a large interior footprint. The renovated basement adds functional living space, making the overall package more versatile. It would suit first-time buyers or downsizers looking for a manageable home without sacrificing yard size, or an investor seeking a land-value play in a mature area. It’s less suited for those requiring substantial above-grade square footage or modern, open-concept layouts.
Frequently Asked Questions
1. Is the house too small for the lot?
Not necessarily. While the living area is below average for the area, this is precisely what makes the lot feel so private and expansive. It’s an ideal layout for those who value outdoor living and garden space over a large interior.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This is a key detail to clarify with the selling agent to understand if it includes a legal suite, additional bedrooms, or simply finished living space.
3. How does the assessed value relate to the likely sale price?
The home last sold in 2021 for $40,800 and is currently assessed at $38,100. In Winnipeg’s market, sale prices often differ from assessed values. The 2021 sale price and current area averages are more relevant indicators for formulating an offer.
4. What are the implications of the home's age (73 years)?
A 1953 build means potential for character but also for aging components. While the basement has been updated, the roof, wiring, plumbing, and windows should be carefully inspected to understand future maintenance priorities and costs.
5. The lot is large, but is it usable?
At over 5,700 sqft, the lot is a significant asset. Its usability depends on its shape, topography, and any easements. A viewing will determine if it’s primarily a deep backyard, suitable for gardening, recreation, or potential future expansion, subject to zoning.
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