591 University Crescent

Fort Richmond, Winnipeg

79.7

Good

Overall 79.7

Larger than most nearby homes

1,965 sqft (top 11%)

Built in 1968 (4 yrs older than avg)

Located in a above-average income area

with median household income of ~72k

Transit 80.0

3-min walk to transit with 3 nearby routes

Within 500m: 1 school, 1 park, 1 sports facility, and 1 place of worship nearby

Living Area

Above average

38% larger than neighborhood avg.

Year Built

Below average

4 yrs older 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

79.7 is composed by the two sections below.

Property Score

82.2Excellent
Living Area1,965 sqft92Excellent
Year Built196852Fair
Lot Size6,555 sqft85Excellent
Neighbourhood Sales Activity78Good

Community Score

75.9Good
Household Income72Good
Education Level100Excellent
Housing Stress63Fair
Core Housing Need76Good
Employment Health60Fair

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
1,965 sqft
0255075100
Same streetTop 8%Same areaTop 11%CitywideTop 12%
Same street · University Crescent
#2 / 25
Top 8% · Avg 1,309 sqft
Same area · Fort Richmond
#283 / 2,629
Top 11% · Avg 1,421 sqft
Citywide · Winnipeg
#22,796 / 194,458
Top 12% · Avg 1,342 sqft

Tax-Assessed Value

above average
429k
0255075100
Same streetTop 28%Same areaTop 40%CitywideTop 32%
Same street · University Crescent
#7 / 25
Top 28% · Avg 398.2k
Same area · Fort Richmond
#1,058 / 2,629
Top 40% · Avg 435.7k
Citywide · Winnipeg
#62,489 / 194,458
Top 32% · Avg 390.1k

Year Built

above average
1968
0255075100
Same streetTop 24%Same areaBottom 33%CitywideTop 50%

Lot Size

above average
6,555 sqft
0255075100
Same streetBottom 20%Same areaBottom 41%CitywideTop 22%

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

591 University Crescent — 4 amenities found within 500 m, across 4 categories, including 1 education (nearest 422 m), 1 parks (nearest 455 m).

Search radius
🏫Education1
🌳Parks1
💪Sports1
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 6/2021CA$400k–450k
Sold price

Same street

Top 14%

Same area

Top 23%

City-wide

Top 26%
Sold 9/2019CA$350k–400k
Sold price

Same street

Top 43%

Same area

Top 49%

City-wide

Top 38%
Sold 5/2016CA$200k–250k
Sold price

Same street

Bottom 1%

Same area

Bottom 1%

City-wide

Bottom 22%

Related homes

Highlights & common questions: 591 University Crescent, Winnipeg

Property Overview: 591 University Crescent, Fort Richmond, Winnipeg

This 4-level split home, built in 1968, presents a practical opportunity in a well-established Winnipeg neighbourhood. Its appeal is rooted in solid space and location, offering a clear value proposition for a specific set of buyers.

Key Characteristics & Ideal Buyer

The home’s primary strength is its generous living space. At 1,965 sqft, it offers significantly more room than most comparable homes on its street, in Fort Richmond, and across Winnipeg. This makes it a standout for buyers needing ample interior space without a premium price tag. The property includes an attached garage and a full, unrenovated basement, providing functional utility and potential for future customization.

Its appeal lies in this balance of space and value. While the home itself is from the late 1960s and the basement is in original condition, the lot size is manageable at 6,555 sqft—smaller than some on the street but still above the city-wide average. The assessed value history suggests steady market growth, positioning it as a stable, no-frills investment in a mature area close to the University of Manitoba.

This property would best suit a practical buyer—perhaps a growing family needing room to spread out, or a hands-on individual who views the unrenovated basement not as a drawback, but as a blank canvas for a future project. It’s for those who prioritize square footage and location over modern finishes, and who appreciate a home with a clear, trackable sales history in a non-speculative market.

Frequently Asked Questions

1. Is the basement finished?
No, the basement is not renovated. It is a full, unfinished space, offering potential for future development or ample storage.

2. How does the living area compare to other homes?
Very favorably. At 1,965 sqft, it is in the top 8-12% of homes for size when compared to its immediate street, the Fort Richmond area, and Winnipeg city-wide.

3. What is the property’s sales history?
The home has sold three times in recent years: in May 2016, September 2019, and most recently in June 2021. Each sale showed an increase in price range, indicating steady appreciation.

4. Is the lot size typical for the area?
The lot is 6,555 sqft, which is below the average for University Crescent but is actually above the average lot size for the entire City of Winnipeg. It offers a manageable yard.

5. How can I find out the exact past sold prices?
The listing provider offers to share the exact historical sold prices via email upon request, as the prices shown are publicly-sourced ranges.

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