33 Riley Crescent

Crescent Park, Winnipeg

68.3

Good

Overall 68.3

Compared with neighbourhood average

1,156 sqft (bottom 39%)

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

Living Area

Below average

17% 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)

Sold Count

250

Median price

701k

$/sqft

$402/sqft

Avg build year

1956

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Property score

68.3 is composed by the two sections below.

Property Score

55.3Fair
Living Area1,156 sqft60Fair
Year Built195336Low
Lot Size5,496 sqft67Good
Neighbourhood Sales Activity42Low

Community Score

87.8Excellent
Household Income87Excellent
Education Level91Excellent
Housing Stress83Excellent
Core Housing Need88Excellent
Employment Health90Excellent

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: #46110440

Community deep dive

$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

Population, labour & age

Population (2021)471
Labour force participation rate74%
Median age42.4
Avg household size2.4
Unemployment rate3%
Population density1624 / km²

Households & income

Low income (LIM-AT, % pop.)10%
Single-person households27%
Couple families with children32%
Median household income (2020)$105K

Housing

Renter households17%
Condominium dwellings0%
Median dwelling value (owners)$348K

Diversity, education & language

Immigrants (share of pop.)6%
Visible minority15%
Bachelor's or higher (25–64)51%
Mother tongue (1st)English · 81%
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
1,156 sqft
0255075100
Same streetTop 37%Same areaBottom 39%CitywideBottom 46%
Same street · Riley Crescent
#20 / 54
Top 37% · Avg 1,175 sqft
Same area · Crescent Park
#477 / 781
Bottom 39% · Avg 1,396 sqft
Citywide · Winnipeg
#105,626 / 194,458
Bottom 46% · Avg 1,342 sqft

Tax-Assessed Value

around average
399k
0255075100
Same streetBottom 48%Same areaBottom 43%CitywideTop 39%
Same street · Riley Crescent
#28 / 54
Bottom 48% · Avg 401k
Same area · Crescent Park
#442 / 781
Bottom 43% · Avg 458.1k
Citywide · Winnipeg
#75,018 / 194,458
Top 39% · Avg 390.1k

Year Built

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

Lot Size

around average
5,496 sqft
0255075100
Same streetBottom 44%Same areaBottom 17%CitywideTop 44%

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

33 Riley Crescent — 13 amenities found within 500 m, across 5 categories, including 4 dining (nearest 442 m), 3 education (nearest 396 m), 1 healthcare (nearest 456 m).

Search radius
🍽️Dining4
🏫Education3
🏥Healthcare1
🌳Parks3
🏦Finance2

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 7/2024CA$500k–550k
Sold price

Same street

Top 4%

Same area

Top 13%

City-wide

Top 15%

Related homes

Highlights & common questions: 33 Riley Crescent, Winnipeg

Property Overview: 33 Riley Crescent, Crescent Park, Winnipeg

Key Characteristics & Appeal

This is a classic, single-storey home built in 1953, situated on a generous lot in the established Crescent Park neighbourhood. Its key features include a renovated basement and a detached garage. The property's primary appeal lies in its balance and solid fundamentals within a desirable area. The lot size is notably spacious for the immediate street, offering room for gardening, play, or expansion. While the living space is modest, the renovated basement adds valuable functional square footage.

The home represents a grounded opportunity. It’s not the newest or largest on the block, but it sits comfortably above average in the wider city context for value and land. It recently sold for a price well above the street average, indicating strong buyer confidence in the location and property potential. This home would suit a first-time buyer or downsizer looking for a manageable footprint without sacrificing outdoor space, or an investor seeking a stable property in a mature neighbourhood with proven resale appeal.


Frequently Asked Questions

1. How does the lot size compare to others?
The lot is approximately 5,500 square feet, which is larger than many on Riley Crescent itself. It provides a tangible advantage over typical city lots, offering more privacy and usable outdoor space.

2. What does the "renovated basement" entail?
The listing confirms the basement is renovated but does not specify the scope. This would be a key point for a home inspection to determine the quality of finishes, any moisture management, and the legality of any secondary suites.

3. The home sold recently. What does that mean for its value?
The property sold in July 2024 for $50,500, which ranked in the top 4% for sale prices on its street. This recent transaction provides a clear, up-to-date market value benchmark, suggesting buyers were willing to pay a premium for this specific home.

4. Is the detached garage a standard feature?
In older neighbourhoods, a detached garage is common. It offers flexibility but may require navigating between the house and garage in winter. Its condition and size should be verified during a viewing.

5. The assessed value seems low. Why is that?
The municipal assessed value for tax purposes ($39,900) is often significantly lower than market value, as seen by the recent sale price. Assessments are for taxation, not appraisal, and market conditions can change rapidly between assessment periods.

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