74 Riley Crescent

Crescent Park, Winnipeg

Property score

68.3

Good

Overall 68.3 · Compared with neighbourhood average

1,117 sqft (bottom 33%) · Built in 1954 (2 yrs older than avg)

Located in a high-income area with median household income of ~105k

Transit 86.0 · 4-min walk to transit with 4 nearby routes · Within 500m: 1 dining spot, 3 schools, and 3 parks nearby

Living Area

Below average

20% smaller than neighborhood avg.

Year Built

Near average

2 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 Area1,117 sqft60Fair
Year Built195436Low
Lot Size5,063 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
1,117 sqft
0255075100
Same streetTop 44%Same areaBottom 33%CitywideBottom 41%
Same street · Riley Crescent
#24 / 54
Top 44% · Avg 1,175 sqft
Same area · Crescent Park
#522 / 781
Bottom 33% · Avg 1,396 sqft
Citywide · Winnipeg
#114,444 / 194,458
Bottom 41% · Avg 1,342 sqft

Tax-Assessed Value

around average
386k
0255075100
Same streetBottom 41%Same areaBottom 31%CitywideTop 42%
Same street · Riley Crescent
#32 / 54
Bottom 41% · Avg 401k
Same area · Crescent Park
#538 / 781
Bottom 31% · Avg 458.1k
Citywide · Winnipeg
#81,862 / 194,458
Top 42% · Avg 390.1k

Year Built

above average
1954
0255075100
Same streetTop 9%Same areaTop 38%CitywideBottom 33%

Lot Size

around average
5,063 sqft
0255075100
Same streetBottom 15%Same areaBottom 9%CitywideBottom 47%

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

74 Riley Crescent — 7 amenities found within 500 m, across 3 categories, including 1 dining (nearest 490 m), 3 education (nearest 422 m), 3 parks (nearest 136 m).

Search radius
🍽️Dining1
🏫Education3
🌳Parks3

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 11/2022CA$350k–400k
Sold price

Same street

Bottom 44%

Same area

Bottom 48%

City-wide

Top 45%

Related homes

Highlights & common questions: 74 Riley Crescent, Winnipeg

Property Overview: 74 Riley Crescent, Crescent Park, Winnipeg

Key Characteristics & Appeal

This is a well-maintained, one-storey home built in 1954, situated on a quiet crescent. Its primary appeal lies in its balance of established character and practical updates, most notably a renovated basement that adds valuable finished space to the 1,117 sqft main living area. The lot size of 5,063 sqft is notably smaller than most in the immediate Crescent Park neighbourhood, which presents a lower-maintenance yard but less private space than surrounding properties.

The home suits first-time buyers or downsizers looking for a solid, move-in-ready property in a mature area without the upkeep of a larger lot. Its assessed value is positioned below the neighbourhood average, suggesting a potentially accessible entry point into the area. A thoughtful perspective is that while the lot is smaller relative to the street, it is close to the city-wide average, offering a more manageable outdoor space for those who prefer gardening or landscaping on a simpler scale. The home’s age places it as one of the older homes on its specific street, indicating a well-established streetscape with mature greenery.

Frequently Asked Questions

1. Is the smaller lot size a disadvantage?
It depends on your priorities. It means less yard maintenance and lower property taxes relative to larger lots in the area, but also less space for additions, large gardens, or extensive outdoor recreation.

2. What does "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or rooms. A buyer should inquire about the renovation's scope, permits, moisture control, and whether it includes a bedroom, bathroom, or simply finished living space.

3. How does the assessed value relate to the likely sale price?
The home last sold for $35,500 in late 2022 and is currently assessed at $38,600. In Winnipeg, assessed value is for municipal tax purposes and is not a direct indicator of market value. The sale price will be determined by current market conditions, the home's condition, and buyer demand.

4. There's no garage. Is street parking readily available?
The listing shows no garage. As it's on a quiet crescent, street parking is likely available, but it's important to verify if there are any restrictions, the availability of a dedicated driveway, or the potential to add a parking pad.

5. The home is older. What should I check regarding systems and structure?
Built in 1954, potential buyers should pay special attention to the age and condition of major systems: the roof, plumbing, electrical (especially if it hasn't been updated from original wiring), and the foundation. A thorough home inspection is highly recommended.

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