61 Riley Crescent

Crescent Park, Winnipeg

68.3

Good

Overall 68.3

Compared with neighbourhood average

1,113 sqft (bottom 33%)

Built in 1953 (3 yrs older than avg)

Located in a high-income area

with median household income of ~105k

Transit 76.0

6-min walk to transit with 4 nearby routes

Within 500m: 2 dining spots, 2 schools, 4 parks, and 1 bank/ATM nearby

Living Area

Below average

20% 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 Area1,113 sqft60Fair
Year Built195336Low
Lot Size5,494 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
1,113 sqft
0255075100
Same streetTop 46%Same areaBottom 33%CitywideBottom 41%
Same street · Riley Crescent
#25 / 54
Top 46% · Avg 1,175 sqft
Same area · Crescent Park
#523 / 781
Bottom 33% · Avg 1,396 sqft
Citywide · Winnipeg
#115,207 / 194,458
Bottom 41% · Avg 1,342 sqft

Tax-Assessed Value

around average
392k
0255075100
Same streetBottom 44%Same areaBottom 37%CitywideTop 40%
Same street · Riley Crescent
#30 / 54
Bottom 44% · Avg 401k
Same area · Crescent Park
#492 / 781
Bottom 37% · Avg 458.1k
Citywide · Winnipeg
#78,603 / 194,458
Top 40% · Avg 390.1k

Year Built

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

Lot Size

around average
5,494 sqft
0255075100
Same streetBottom 35%Same areaBottom 16%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

61 Riley Crescent — 10 amenities found within 500 m, across 5 categories, including 2 dining (nearest 440 m), 2 education (nearest 371 m), 4 parks (nearest 188 m).

Search radius
🍽️Dining2
🏫Education2
🌳Parks4
🏦Finance1
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 8/2021CA$400k–450k
Sold price

Same street

Top 28%

Same area

Top 28%

City-wide

Top 28%

Related homes

Highlights & common questions: 61 Riley Crescent, Winnipeg

Property Overview: 61 Riley Crescent, Crescent Park, Winnipeg

Key Characteristics & Appeal

This is a well-situated, one-storey home built in 1953, offering a practical and grounded living opportunity in the Crescent Park neighborhood. Its primary appeal lies in its solid, average positioning across nearly all metrics for the local area, presenting a stable and predictable option without extreme outliers. The 1,113 sqft living space and 5,494 sqft lot are both comfortably within the typical range for Riley Crescent itself, suggesting a home that fits the established character of the street.

A key feature is the renovated basement, which adds valuable finished space and modern convenience to the classic floorplan. The detached garage provides flexible storage or workshop potential. For buyers, this property suits those seeking a move-in-ready home in a mature neighborhood without the premium price tag of a larger lot or a fully modernized build. It’s particularly fitting for first-time homeowners, downsizers looking for single-level living, or pragmatic investors who value the stability of a home that consistently performs at or near the neighborhood median in terms of size, value, and lot dimensions.

Frequently Asked Questions

1. How does this home truly compare to others in the area?
The data shows it is consistently "around average" for Riley Crescent and the wider Crescent Park area in living area, assessed value, and land size. It’s not the largest or newest on the block, but it firmly avoids being the smallest or most dated, representing a middle-of-the-road option in this specific community.

2. What does the "renovated basement" likely entail?
While specific finishes aren't listed, a renovated basement in a 1953 home typically means updated livable space, possibly including a rec room, additional bedroom, or modernized laundry area. It’s a significant functional upgrade that adds usable square footage beyond the main floor.

3. Is the lot size a disadvantage?
At just over 5,400 sqft, the lot is below the average for the broader Crescent Park neighborhood but is closer to the average for Riley Crescent itself. This means smaller yard maintenance, which could be a benefit for some, while still providing decent outdoor space. It is not an unusually small parcel for this specific street.

4. Who might find the "average" rankings appealing?
Buyers wary of overpaying for top-tier stats or inheriting the challenges of a true "fixer-upper" may find this appealing. The average rankings suggest a home that should be reasonably priced in line with the market and less likely to have unexpected valuation issues compared to properties with very high or very low metrics.

5. What is indicated by the sale history?
The home sold in August 2021 for $42,500. The significant difference between that sale price and the current assessed value ($39,200) suggests that the 2021 sale may have been a non-arms-length transaction (such as between family members) or a sale of the land only, and is not reflective of current market value. Relying on the assessed value and recent comparable sales is more instructive.

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