994 Riviera Crescent

Crescent Park, Winnipeg

Property score

73.1

Good

Overall 73.1 · Older than most nearby homes

1,194 sqft (bottom 49%) · Built in 1983 (1 yr newer than avg)

Located in a high-income area with median household income of ~115k

Transit 94.0 · 1-min walk to transit with 4 nearby routes · Within 500m: 12 dining spots, 3 schools, 5 healthcare facilitys, and 1 shop nearby

Living Area

Near average

13% larger than neighborhood avg.

Year Built

Below average

1 yrs newer than neighborhood avg.

Mother tongue

English · 83%Chinese · 5%

Past 10 years Crescent Park sales snapshot (~80% of all data)

Sold Count

38

Median price

375.5k

$/sqft

$308/sqft

Avg build year

1982

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Property score

73.1 is composed by the two sections below.

Property Score

63.0Fair
Living Area1,194 sqft60Fair
Year Built198373Good
Neighbourhood Sales Activity42Low

Community Score

88.3Excellent
Household Income90Excellent
Education Level91Excellent
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health68Good

Neighbourhood Sales

Crescent Park

How to read: Share of sales in each ~$50k price band for “crescent park” (Condos, 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: #46110438

Community deep dive

$115K

Median household income

$190K

Average household income

6%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.6

P90 / P10 ratio

24%

Single-person households

29%

Families with children

Population, labour & age

Population (2021)435
Labour force participation rate64%
Median age52.4
Avg household size2.4
Unemployment rate7%
Population density612 / km²

Households & income

Low income (LIM-AT, % pop.)6%
Single-person households24%
Couple families with children29%
Median household income (2020)$115K

Housing

Renter households10%
Condominium dwellings0%
Median dwelling value (owners)$400K

Diversity, education & language

Immigrants (share of pop.)21%
Visible minority17%
Bachelor's or higher (25–64)54%
Mother tongue (1st)English · 82%
Mother tongue (2nd)Chinese · 4%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

above average
1,194 sqft
0255075100
Same streetTop 25%Same areaBottom 49%CitywideTop 27%
Same street · Riviera Crescent
#1 / 4
Top 25% · Avg 1,185 sqft
Same area · Crescent Park
#35 / 69
Bottom 49% · Avg 1,061 sqft
Citywide · Winnipeg
#7,224 / 26,841
Top 27% · Avg 1,042 sqft

Tax-Assessed Value

above average
296k
0255075100
Same streetTop 25%Same areaTop 22%CitywideTop 30%
Same street · Riviera Crescent
#1 / 4
Top 25% · Avg 295k
Same area · Crescent Park
#15 / 69
Top 22% · Avg 252.9k
Citywide · Winnipeg
#8,039 / 26,841
Top 30% · Avg 256.1k

Year Built

above average
1983
0255075100
Same streetTop 25%Same areaBottom 29%CitywideBottom 39%

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

994 Riviera Crescent — 24 amenities found within 500 m, across 6 categories, including 12 dining (nearest 127 m), 3 education (nearest 230 m), 5 healthcare (nearest 85 m).

Search radius
🍽️Dining12
🏫Education3
🏥Healthcare5
🛒Shopping1
🌳Parks1
Worship2

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 9/2024CA$300k–350k
Sold price

Same street

Bottom 1%

Same area

Top 11%

City-wide

Top 15%

Related homes

Highlights & common questions: 994 Riviera Crescent, Winnipeg

Property Overview & Appeal

This well-situated condo at 994 Riviera Crescent in Winnipeg's Crescent Park neighborhood presents a practical and comfortable living space. Its key appeal lies in its strong, above-average positioning within the local market. With 1,194 square feet of living area, it offers more space than most comparable homes in the city and on its own street. This is complemented by an assessed value that also ranks consistently above average for the area, suggesting a solid foundation of value.

The property would suit a buyer looking for a move-in-ready condo that prioritizes space and established neighborhood character over new construction. It's particularly appealing for those who want a home that stands out in its immediate surroundings without a premium price tag, as it outperforms many peers on its street and in Crescent Park. A less obvious point of consideration is its year of construction (1983); while it may not be the newest build in the broader city, it is actually among the newer homes on Riviera Crescent itself, indicating a street with varied architectural eras.

Frequently Asked Questions

1. How does this condo's size and value compare to its neighbors?
The living space is larger than about 75% of comparable homes on Riviera Crescent and ranks above average within the broader Crescent Park area. Its assessed value is also in the top quarter on its street and top 22% in the neighborhood, indicating it is a above-average offering for the location.

2. What does the sale history indicate?
The property sold recently in September 2024 for $34,500. This sale price ranked in the top tier (top 11%) for the Crescent Park area at the time, suggesting strong market interest and a successful transaction.

3. Is the building age a concern?
Built in 1983, the building is 43 years old. This is around the city-wide average but is actually one of the newer builds on Riviera Crescent. Prospective buyers should focus on the condition of major systems (roof, windows, plumbing) and the condo corporation's reserve fund study to understand future maintenance plans and costs.

4. Who manages the condo corporation, and what are the fees?
This information is not provided in the public data. A buyer's agent must obtain the condo document package, which includes financial statements, bylaws, and meeting minutes, to review the health of the condo corporation, the amount of monthly condo fees, and what they cover.

5. What is the immediate neighborhood like?
The property is centrally located on Riviera Crescent, with nearby properties lining the same street. The "Similar Assessed Value" list shows comparable properties in other established neighborhoods like Varsity View, Marlton, and Betsworth, hinting that this home offers value comparable to those in other desirable Winnipeg areas.

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