126 Olford Crescent

Mandalay West, Winnipeg

70.9

Good

Overall 70.9

Compared with neighbourhood average

1,295 sqft (bottom 48%)

Built in 1986 (3 yrs older than avg)

Located in a high-income area

with median household income of ~115k

Transit 80.0

3-min walk to transit with 3 nearby routes

Within 500m: 4 parks nearby

Living Area

Near average

4% smaller than neighborhood avg.

Year Built

Near average

3 yrs older than neighborhood avg.

Mother tongue

English · 43%Punjabi · 21%

Past 10 years Mandalay West sales snapshot (~80% of all data)

Sold Count

472

Median price

454k

$/sqft

$385/sqft

Avg build year

1989

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Property score

70.9 is composed by the two sections below.

Property Score

65.6Good
Living Area1,295 sqft66Good
Year Built198678Good
Lot Size4,997 sqft60Fair
Neighbourhood Sales Activity28Low

Community Score

78.9Good
Household Income90Excellent
Education Level44Low
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health68Good

Neighbourhood Sales

Mandalay West

How to read: Share of sales in each ~$50k price band for “mandalay west” (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: #46110189

Community deep dive

$115K

Median household income

$118K

Average household income

3%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.8

P90 / P10 ratio

8%

Single-person households

32%

Families with children

Population, labour & age

Population (2021)587
Labour force participation rate66%
Median age39.6
Avg household size3.4
Unemployment rate7%
Population density4192 / km²

Households & income

Low income (LIM-AT, % pop.)3%
Single-person households8%
Couple families with children32%
Median household income (2020)$115K

Housing

Renter households5%
Condominium dwellings8%
Median dwelling value (owners)$400K

Diversity, education & language

Immigrants (share of pop.)56%
Visible minority72%
Bachelor's or higher (25–64)24%
Mother tongue (1st)English · 43%
Mother tongue (2nd)Punjabi · 21%

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

Rankings

Living Area

around average
1,295 sqft
0255075100
Same streetBottom 30%Same areaBottom 48%CitywideTop 42%
Same street · Olford Crescent
#38 / 54
Bottom 30% · Avg 1,467 sqft
Same area · Mandalay West
#831 / 1,596
Bottom 48% · Avg 1,346 sqft
Citywide · Winnipeg
#81,697 / 194,458
Top 42% · Avg 1,342 sqft

Tax-Assessed Value

around average
383k
0255075100
Same streetBottom 19%Same areaBottom 38%CitywideTop 43%
Same street · Olford Crescent
#44 / 54
Bottom 19% · Avg 417.9k
Same area · Mandalay West
#992 / 1,596
Bottom 38% · Avg 418.4k
Citywide · Winnipeg
#83,630 / 194,458
Top 43% · Avg 390.1k

Year Built

above average
1986
0255075100
Same streetTop 15%Same areaTop 36%CitywideTop 27%

Lot Size

around average
4,997 sqft
0255075100
Same streetBottom 9%Same areaBottom 28%CitywideBottom 44%

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

126 Olford Crescent — 4 amenities found within 500 m, across 1 categories, including 4 parks (nearest 189 m).

Search radius
🌳Parks4

Crime & Safety

Mandalay West · WPS public data · 2026

Annual incidents

7

2026

vs. city avg

-76%

relative to avg

Year-over-year

-95%

vs. prior year

Primary type

Property

43%

Waste Collection Schedule

Local garbage, recycling, and yard waste pickup schedule for 126 Olford Crescent.

🗑️

Garbage

wednesday

♻️

Recycling

wednesday

🍂

Yard Waste

wednesday a

Sales History

Sold 11/2016CA$300k–350k
Sold price

Same street

Bottom 14%

Same area

Bottom 46%

City-wide

Top 48%

Related homes

Highlights & common questions: 126 Olford Crescent, Winnipeg

Property Overview & Appeal

This home at 126 Olford Crescent in Winnipeg's Mandalay West neighbourhood presents a practical opportunity. Its key characteristic is balance: with 1,295 sqft of living space and a 1986 build year, it sits around the average for the city but is actually newer than many homes on its own street. The assessed value is notably below the street average, which could indicate room for equity growth or simply reflect the home's specific attributes. The lot size is modest, especially for the crescent, which often means less yard maintenance.

The appeal lies in its position as a solid, no-surprises home in an established area. It would suit first-time buyers looking for an entry point into a stable neighbourhood, or downsizers seeking a manageable property without the unknowns of an older build. A thoughtful perspective is that its "average" metrics across the board might represent a lower-risk, stable investment in a city where extremes in age, size, or value can come with hidden costs or volatility.


Frequently Asked Questions

1. Is the below-average assessed value a concern?
Not necessarily. It can be a positive, suggesting property taxes may be relatively lower. It could reflect the home's specific condition or features at the time of assessment and often presents an opportunity to add value through updates.

2. What does the 1986 build year mean for maintenance?
Built in the mid-80s, major components like the roof, windows, and furnace are likely at or past their typical lifespan. A thorough inspection is crucial, but this era of home generally avoids some of the wiring or material concerns of older properties.

3. How does the lot size compare?
At just under 5,000 sqft, the lot is smaller than most on Olford Crescent. This means a smaller yard to maintain, which is a benefit for some, but less private outdoor space than neighbours may have.

4. Who are the typical buyers in Mandalay West?
It's an established, family-friendly neighbourhood with a mix of long-time residents and newer owners. The area tends to attract those looking for community feel without being far from city amenities.

5. How can I get the exact historical sale price?
The exact sold prices are not publicly listed. As noted on the detail page, you can request this information directly via email from the service; they provide the accurate figures manually without using your email for marketing.

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