73 Riley Crescent

Crescent Park, Winnipeg

65.4

Good

Overall 65.4

Smaller but newer than most nearby homes

1,089 sqft (bottom 27%)

Built in 1955 (1 yr 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: 1 dining spot, 3 schools, 4 parks, and 1 place of worship nearby

Living Area

Below average

22% smaller than neighborhood avg.

Year Built

Above average

1 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

65.4 is composed by the two sections below.

Property Score

50.5Fair
Living Area1,089 sqft52Fair
Year Built195536Low
Lot Size5,493 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
1,089 sqft
0255075100
Same streetBottom 48%Same areaBottom 27%CitywideBottom 38%
Same street · Riley Crescent
#28 / 54
Bottom 48% · Avg 1,175 sqft
Same area · Crescent Park
#571 / 781
Bottom 27% · Avg 1,396 sqft
Citywide · Winnipeg
#119,814 / 194,458
Bottom 38% · Avg 1,342 sqft

Tax-Assessed Value

around average
401k
0255075100
Same streetTop 48%Same areaBottom 46%CitywideTop 38%
Same street · Riley Crescent
#26 / 54
Top 48% · Avg 401k
Same area · Crescent Park
#425 / 781
Bottom 46% · Avg 458.1k
Citywide · Winnipeg
#73,989 / 194,458
Top 38% · Avg 390.1k

Year Built

Elite
1955
0255075100
Same streetTop 4%Same areaTop 30%CitywideBottom 34%

Lot Size

around average
5,493 sqft
0255075100
Same streetBottom 26%Same areaBottom 15%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

73 Riley Crescent — 9 amenities found within 500 m, across 4 categories, including 1 dining (nearest 437 m), 3 education (nearest 369 m), 4 parks (nearest 188 m).

Search radius
🍽️Dining1
🏫Education3
🌳Parks4
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 7/2023CA$400k–450k
Sold price

Same street

Top 24%

Same area

Top 26%

City-wide

Top 27%

Related homes

Highlights & common questions: 73 Riley Crescent, Winnipeg

Property Overview

This one-storey home at 73 Riley Crescent in Winnipeg's Crescent Park neighbourhood presents a practical opportunity with specific appeal. Built in 1955, its key characteristic is a recently renovated basement, adding modern living space to the classic bungalow layout. The property sits on a 5,493 sqft lot with a detached garage. Its living area of 1,089 sqft is modest for the immediate neighbourhood but aligns with broader city averages.

The appeal lies in its balance and potential. While the house itself is not large, the renovated basement effectively expands the usable space. The lot size is manageable, offering outdoor space without being burdensome to maintain. A less obvious strength is the home's relative age within its immediate area; being built in 1955 makes it newer than many houses on Riley Crescent, suggesting potentially fewer concerns associated with very early 20th-century construction. It would suit first-time buyers seeking a solid starter home with some updates already done, or downsizers looking for a single-level living option in an established area without a massive property to upkeep.

Frequently Asked Questions

How does the lot size compare to others nearby?
The land area is below average for both Riley Crescent and the broader Crescent Park area, but is very close to the average lot size across the entire city of Winnipeg. It's a manageable size.

What does the "renovated basement" entail?
The listing confirms the basement is renovated but does not provide specific details on the finish, rooms, or permits. This would be a key point to clarify with the seller or their agent.

Is the sale price consistent with the assessed value?
The home sold for $430,000 in July 2023, which was significantly higher than its assessed value at the time (approximately $40,100). This is not uncommon, as assessed values for taxation purposes often differ from market sale prices. The sale price was in the top 20% for the street.

How does the living space compare?
With 1,089 sqft of living area, the home is slightly below the average size for the Crescent Park neighbourhood. The renovated basement is a crucial factor here, as it likely provides additional finished space not fully reflected in the main floor square footage.

What is the neighbourhood context of Riley Crescent?
The data shows this specific street has a mix of older and newer homes than 73 Riley Crescent. The home's 1955 build date is actually in the top 4% (newer) for the street, indicating it is among the more recently built houses in that particular block.

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