579 University Crescent

Fort Richmond, Winnipeg

Property score

77.8

Good

Overall 77.8 · Newer than most nearby homes

1,490 sqft (top 35%) · Built in 1990 (18 yrs newer than avg)

Located in a above-average income area with median household income of ~72k

Transit 92.0 · 3-min walk to transit with 9 nearby routes · Within 500m: 1 school, 2 sports facilitys, and 1 place of worship nearby

Living Area

Near average

5% larger than neighborhood avg.

Year Built

Above average

18 yrs newer than neighborhood avg.

Mother tongue

English · 53%Chinese · 15%

Past 10 years Fort Richmond sales snapshot (~80% of all data)

Sold Count

1,068

Median price

445k

$/sqft

$351/sqft

Avg build year

1972

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Property score

77.8 is composed by the two sections below.

Property Score

79.0Good
Living Area75
1,490 sqftGood
Year Built78
1990Good
Lot Size97
11,352 sqftExcellent
Neighbourhood Sales Activity78
Good

Community Score

75.9Good
Household Income72
Good
Education Level100
Excellent
Housing Stress63
Fair
Core Housing Need76
Good
Employment Health60
Fair

Neighbourhood Sales

Fort Richmond

How to read: Share of sales in each ~$50k price band for “fort richmond” (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: #46111010

Community deep dive

$72K

Median household income

$106K

Average household income

18%

Low income (LIM-AT)

0.4

Income inequality (Gini)

6.4

P90 / P10 ratio

34%

Single-person households

10%

Families with children

Population, labour & age

Population (2021)853
Labour force participation rate60%
Median age33.6
Avg household size2.2
Unemployment rate7%
Population density325 / km²

Households & income

Low income (LIM-AT, % pop.)18%
Single-person households34%
Couple families with children10%
Median household income (2020)$72K

Housing

Renter households26%
Condominium dwellings72%
Median dwelling value (owners)$352K

Diversity, education & language

Immigrants (share of pop.)23%
Visible minority51%
Bachelor's or higher (25–64)60%
Mother tongue (1st)English · 53%
Mother tongue (2nd)Chinese · 14%

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

Rankings

Living Area

above average
1,490 sqft
0255075100
Same streetTop 28%Same areaTop 35%CitywideTop 31%
Same street · University Crescent
#7 / 25
Top 28% · Avg 1,309 sqft
Same area · Fort Richmond
#916 / 2,629
Top 35% · Avg 1,421 sqft
Citywide · Winnipeg
#60,549 / 194,458
Top 31% · Avg 1,342 sqft

Tax-Assessed Value

above average
436k
0255075100
Same streetTop 20%Same areaTop 37%CitywideTop 31%
Same street · University Crescent
#5 / 25
Top 20% · Avg 398.2k
Same area · Fort Richmond
#966 / 2,629
Top 37% · Avg 435.7k
Citywide · Winnipeg
#60,018 / 194,458
Top 31% · Avg 390.1k

Year Built

Elite
1990
0255075100
Same streetTop 4%Same areaTop 2%CitywideTop 22%

Lot Size

Elite
11,352 sqft
0255075100
Same streetTop 20%Same areaTop 7%CitywideTop 4%

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

579 University Crescent — 4 amenities found within 500 m, across 3 categories, including 1 education (nearest 490 m).

Search radius
🏫Education1
💪Sports2
Worship1

Crime & Safety

Fort Richmond · WPS public data · 2026

Annual incidents

38

2026

vs. city avg

+29%

relative to avg

Year-over-year

-95%

vs. prior year

Primary type

Property

55%

Sales History

Sold 5/2019CA$350k–400k
Sold price

Same street

Bottom 43%

Same area

Bottom 41%

City-wide

Top 42%

Related homes

Highlights & common questions: 579 University Crescent, Winnipeg

Property Overview & Key Characteristics

This two-storey home at 579 University Crescent in Fort Richmond presents a compelling blend of space, modernity, and lot size. Built in 1990, it is notably newer than most homes in its immediate area and across Winnipeg, suggesting updated building standards and potentially fewer major maintenance concerns in the near term. With 1,490 sqft of living space, it offers above-average roominess for the street and is on par with the city average.

The property’s standout feature is its generous 11,352 sqft lot, which places it in the top tier citywide for land area. This provides significant outdoor space, rare for newer neighbourhoods, offering privacy and room for gardens, play, or expansion. The home’s assessed value is consistent with the area, indicating it is priced in line with market expectations without being an outlier.

Its appeal lies in this balance: a relatively modern home on a large, established lot in a mature neighbourhood. It would suit buyers looking for a "best of both worlds" scenario—more contemporary construction than a true character home, without sacrificing yard space. It’s particularly suited to growing families or those who value outdoor room but want to avoid the upkeep of a much older property.


Frequently Asked Questions

How does the home’s age compare to others nearby?
Built in 1990, this home is significantly newer than most on its street and in Fort Richmond. This often translates to more modern layouts, wiring, and insulation compared to the area's average, which dates to the 1960s and 70s.

Is the lot size unusual for this area?
Yes. The lot is over 11,000 sqft, which is well above average for the street, the neighbourhood, and especially for Winnipeg as a whole. This is a key differentiator for the property.

What does the "above average" ranking for living area mean?
With 1,490 sqft, the home has more living space than 72% of similar properties on University Crescent. It is comfortably sized compared to local and city-wide averages.

The last sold price shows a range. What was the exact price?
The provided data shows a sold price range from 2019. For the precise historical sale figure, you can request it via email from the listing source, as this detail is manually verified from official records.

Who would this property not be suited for?
Buyers seeking a brand-new build in a suburban subdivision, or those who prefer a very small, low-maintenance yard, might find other options more suitable. The value here is in the established neighbourhood and large lot, which come with corresponding upkeep.