121 Leger Crescent

Island Lakes, Winnipeg

Property score

74.4

Good

Overall 74.4 · Smaller and older than most nearby homes

1,291 sqft (bottom 19%) · Built in 1987 (8 yrs older than avg)

Located in a high-income area with median household income of ~106k

Transit 70.0 · 1-min walk to transit with 1 nearby route · Within 500m: 1 school, and 3 parks nearby

Living Area

Below average

21% smaller than neighborhood avg.

Year Built

Below average

8 yrs older than neighborhood avg.

Mother tongue

English · 71%French · 5%

Past 10 years Island Lakes sales snapshot (~80% of all data)

Sold Count

654

Median price

580k

$/sqft

$348/sqft

Avg build year

1995

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Property score

74.4 is composed by the two sections below.

Property Score

67.9Good
Living Area1,291 sqft66Good
Year Built198778Good
Lot Size5,688 sqft74Good
Neighbourhood Sales Activity32Low

Community Score

84.2Excellent
Household Income87Excellent
Education Level82Excellent
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health60Fair

Neighbourhood Sales

Island Lakes

How to read: Share of sales in each ~$50k price band for “island lakes” (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: #46110514

Community deep dive

$106K

Median household income

$129K

Average household income

8%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.8

P90 / P10 ratio

18%

Single-person households

31%

Families with children

Population, labour & age

Population (2021)947
Labour force participation rate60%
Median age47.6
Avg household size2.5
Unemployment rate9%
Population density2309 / km²

Households & income

Low income (LIM-AT, % pop.)8%
Single-person households18%
Couple families with children31%
Median household income (2020)$106K

Housing

Renter households20%
Condominium dwellings10%
Median dwelling value (owners)$420K

Diversity, education & language

Immigrants (share of pop.)18%
Visible minority16%
Bachelor's or higher (25–64)48%
Mother tongue (1st)English · 71%
Mother tongue (2nd)French · 5%

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

Rankings

Living Area

around average
1,291 sqft
0255075100
Same streetBottom 18%Same areaBottom 19%CitywideTop 42%
Same street · Leger Crescent
#45 / 55
Bottom 18% · Avg 1,622 sqft
Same area · Island Lakes
#1,718 / 2,119
Bottom 19% · Avg 1,635 sqft
Citywide · Winnipeg
#82,142 / 194,458
Top 42% · Avg 1,342 sqft

Tax-Assessed Value

around average
422k
0255075100
Same streetBottom 7%Same areaBottom 12%CitywideTop 33%
Same street · Leger Crescent
#51 / 55
Bottom 7% · Avg 470.7k
Same area · Island Lakes
#1,864 / 2,119
Bottom 12% · Avg 494.7k
Citywide · Winnipeg
#65,035 / 194,458
Top 33% · Avg 390.1k

Year Built

above average
1987
0255075100
Same streetTop 22%Same areaBottom 25%CitywideTop 25%

Lot Size

around average
5,688 sqft
0255075100
Same streetBottom 36%Same areaTop 50%CitywideTop 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

121 Leger Crescent — 4 amenities found within 500 m, across 2 categories, including 1 education (nearest 434 m), 3 parks (nearest 216 m).

Search radius
🏫Education1
🌳Parks3

Crime & Safety

Island Lakes · WPS public data · 2026

Annual incidents

3

2026

vs. city avg

-90%

relative to avg

Year-over-year

-97%

vs. prior year

Primary type

Violent

67%

Sales History

Sold 2/2017CA$300k–350k
Sold price

Same street

Bottom 1%

Same area

Bottom 5%

City-wide

Bottom 49%

Related homes

Highlights & common questions: 121 Leger Crescent, Winnipeg

Property Summary: 121 Leger Crescent, Island Lakes, Winnipeg

Key Characteristics & Buyer Profile

This home is a 1987-built, 3-level split with 1,291 sq ft of living space and a renovated basement, situated on a standard 5,688 sq ft lot in the established Island Lakes neighbourhood. Its key appeal lies in offering solid fundamentals—an attached garage, functional layout, and recent basement updates—within a mature, family-oriented community. The data reveals a nuanced position: while the home's living space is modest for its immediate street and area, its assessed value is notably below average for Island Lakes, suggesting a potentially accessible entry point into the neighbourhood. This combination makes it particularly suited for first-time buyers or practical downsizers who prioritize location and a move-in-ready basement over sheer square footage. A thoughtful perspective is that this property represents the "bones" of the area—it’s one of the older homes on the street, which can mean mature landscaping and settled foundations, but buyers should balance the charm of an established street with the potential for updates common to homes of this vintage.

Frequently Asked Questions

1. How does the size of this home compare to others in the area?
At 1,291 sq ft, the living area is below the average for both Leger Crescent and the wider Island Lakes neighbourhood. This indicates a more compact or efficiently used floor plan compared to many surrounding homes.

2. Is the assessed value a good indicator of the likely selling price?
The assessed value is significantly below the area average, which can sometimes indicate an older assessment or different valuation approach. It highlights potential value relative to the neighbourhood, but the final sale price will be determined by the current market.

3. What does the sold price history from 2017 tell us?
The 2017 sale provides a historical benchmark, but it is not a reliable indicator of current value given the significant market changes over the past eight years. It primarily confirms a consistent ownership period.

4. Are there any obvious concerns with a home built in 1987?
Homes from this era are generally well-built, but prospective buyers should pay special attention to the condition of major systems that may be near or past their typical lifespan, such as the roof, windows, and HVAC, even with a renovated basement.

5. What are the advantages of a 3-level split design?
This design often provides good separation of living and sleeping areas, offering more privacy than a bungalow or standard two-storey. However, the multiple levels mean more stairs, which is a consideration for mobility or young families.

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