Property score
68.3
Good
Overall 68.3 · Compared with neighbourhood average
1,152 sqft (bottom 38%) · 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
17% 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)
250
701k
$402/sqft
1956
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68.3 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: #46110440
$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
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
78 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 139 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 | Top 16% | Top 20% | Top 23% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview & Key Characteristics
This one-storey home at 78 Riley Crescent in Winnipeg's Crescent Park neighbourhood presents a straightforward, value-oriented opportunity. Its primary appeal lies in its renovated basement, which adds functional living space to the 1,152 sqft main floor, and its very large 5,063 sqft lot. While the house itself is of average size for the area and was built in 1954, the lot is notably larger than most on its street, offering significant outdoor space or future potential in a mature neighbourhood.
The property would suit first-time buyers, downsizers, or value-focused investors looking for a home with immediate livability (thanks to the basement renovation) and a standout lot size. It’s a practical choice for someone who prioritizes land over a large or modern house, and who sees the charm and stability in a well-established area like Crescent Park. A thoughtful perspective is that while the home's metrics are generally "average" in its immediate context, its above-average land parcel provides a tangible asset that is increasingly rare, offering privacy and options that newer subdivisions often cannot.
Frequently Asked Questions
1. How does the lot size compare to others?
The 5,063 sqft lot is a key feature. It is larger than the average lot on Riley Crescent itself, placing it in the top 15% for size on the street, though it is slightly below average for the broader Crescent Park neighbourhood.
2. What does "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. A buyer should inquire about the finishes, permits, and whether it includes added bedrooms, a legal suite, or simply updated living space.
3. Is the assessed value a good indicator of the sale price?
Not directly. The last assessed value was $41.80k, but the home sold for $45.30k in October 2023. In Winnipeg, assessed value for tax purposes often differs significantly from market value, which is determined by recent sales, condition, and demand.
4. There's no garage. Is there parking?
The listing specifies no garage. Prospective buyers should verify if there is a driveway, carport, or only street parking available.
5. The home was built in 1954. What should I be aware of?
While the building age is typical for the area, essential systems like the roof, plumbing, electrical, and foundation should be carefully inspected. The renovated basement should also be checked for proper waterproofing and updates to these older systems.
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