Property score
73.9
Good
Overall 73.9 · Newer than most nearby homes
1,307 sqft (top 37%) · Built in 1959 (3 yrs newer than avg)
Located in a high-income area with median household income of ~88k
Transit 86.0 · 3-min walk to transit with 4 nearby routes · Within 500m: 12 dining spots, 2 schools, 3 healthcare facilitys, and 1 shop nearby
Living Area
Near average
6% smaller than neighborhood avg.
Year Built
Above average
3 yrs newer than neighborhood avg.
Mother tongue
English · 68%French · 2%
Past 10 years Crescent Park sales snapshot (~80% of all data)
250
701k
$402/sqft
1956
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73.9 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: #46110437
$88K
Median household income
$100K
Average household income
11%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.6
P90 / P10 ratio
25%
Single-person households
25%
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
72 Garnet Bay — 23 amenities found within 500 m, across 6 categories, including 12 dining (nearest 69 m), 2 education (nearest 320 m), 3 healthcare (nearest 395 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 | Bottom 25% | Bottom 43% | Top 48% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
72 Garnet Bay is a well-situated, single-storey home in Winnipeg's Crescent Park neighbourhood. Built in 1959, it sits on a generous 7,196 sqft lot, which is notably larger than many city-wide and local comparisons. The home features 1,307 sqft of living space, an attached garage, and a renovated basement. Its most recent sale was in December 2017 for $347,000, and its current assessed value is in line with area averages.
Key Characteristics & Appeal
This property’s primary appeal lies in its established location and land value. The lot size is a significant asset, ranking in the top 29% on its own street and the top 16% city-wide, offering ample outdoor space and potential in a mature neighbourhood. The renovated basement adds functional living area, a valuable update for a home of this era. Its assessed value is consistent with the local market, suggesting a fairly priced entry point into the area.
It would suit a buyer looking for a solid, no-frills home in a quiet, established community—perhaps a downsizer seeking single-level living or a pragmatic first-time buyer who values space and location over a modern turn-key property. A thoughtful perspective is that while the home itself is average in size and age for the city, the above-average lot provides a tangible asset that is increasingly rare, offering privacy, greenery, and future flexibility that smaller lots cannot.
Frequently Asked Questions
1. How does the lot size compare to newer subdivisions?
At 7,196 sqft, this lot is substantially larger than the standard lots found in many modern Winnipeg suburbs, where lots often range from 4,000-5,000 sqft. This is a key feature of many older neighbourhoods like Crescent Park.
2. What does "renovated basement" typically mean for a 1959 home?
While specifics should be verified by a viewing and inspection, this generally indicates foundational updates like finished living space, improved flooring, and likely updated electrical or moisture control measures, adding valuable functional square footage.
3. Is the 2017 sale price relevant today?
The $347,000 sale price from 2017 is a historical data point. Market conditions have changed significantly since then, which is why the current assessed value and recent comparable sales are more important indicators of today's value.
4. What are the implications of the "around average" assessed value?
An assessed value that is around average for the street, neighbourhood, and city suggests the property is priced in line with market norms for its type and area. It typically indicates neither a standout bargain nor an overvaluation based on municipal assessment.
5. Who is responsible for verifying the exact details of the renovation?
The listing agent and seller can provide details, but any major renovations—especially concerning the basement—should be independently verified by the buyer's home inspector to confirm the quality, permits, and scope of the work completed.
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