42 Leahcrest Crescent

Mandalay West, Winnipeg

74.7

Good

Overall 74.7

Older than most nearby homes

1,445 sqft (top 38%)

Built in 1980 (9 yrs older than avg)

Located in a high-income area

with median household income of ~117k

Transit 92.0

3-min walk to transit with 8 nearby routes

Within 500m: 3 parks nearby

Living Area

Near average

7% larger than neighborhood avg.

Year Built

Below average

9 yrs older than neighborhood avg.

Mother tongue

English · 39%Punjabi · 26%

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

74.7 is composed by the two sections below.

Property Score

68.8Good
Living Area1,445 sqft75Good
Year Built198067Good
Lot Size4,597 sqft60Fair
Neighbourhood Sales Activity28Low

Community Score

83.5Excellent
Household Income90Excellent
Education Level63Fair
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health76Good

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: #46110193

Community deep dive

$117K

Median household income

$130K

Average household income

4%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.7

P90 / P10 ratio

9%

Single-person households

38%

Families with children

Population, labour & age

Population (2021)1,817
Labour force participation rate71%
Median age37.2
Avg household size3.6
Unemployment rate9%
Population density4129 / km²

Households & income

Low income (LIM-AT, % pop.)4%
Single-person households9%
Couple families with children38%
Median household income (2020)$117K

Housing

Renter households9%
Condominium dwellings15%
Median dwelling value (owners)$424K

Diversity, education & language

Immigrants (share of pop.)45%
Visible minority69%
Bachelor's or higher (25–64)32%
Mother tongue (1st)English · 38%
Mother tongue (2nd)Punjabi · 26%

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

Rankings

Living Area

above average
1,445 sqft
0255075100
Same streetTop 27%Same areaTop 38%CitywideTop 33%
Same street · Leahcrest Crescent
#26 / 96
Top 27% · Avg 1,224 sqft
Same area · Mandalay West
#614 / 1,596
Top 38% · Avg 1,346 sqft
Citywide · Winnipeg
#65,133 / 194,458
Top 33% · Avg 1,342 sqft

Tax-Assessed Value

around average
342k
0255075100
Same streetBottom 19%Same areaBottom 19%CitywideBottom 43%
Same street · Leahcrest Crescent
#78 / 96
Bottom 19% · Avg 378.4k
Same area · Mandalay West
#1,290 / 1,596
Bottom 19% · Avg 418.4k
Citywide · Winnipeg
#110,124 / 194,458
Bottom 43% · Avg 390.1k

Year Built

around average
1980
0255075100
Same streetBottom 19%Same areaBottom 13%CitywideTop 34%

Lot Size

around average
4,597 sqft
0255075100
Same streetBottom 6%Same areaBottom 23%CitywideBottom 36%

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

42 Leahcrest Crescent — 3 amenities found within 500 m, across 1 categories, including 3 parks (nearest 272 m).

Search radius
🌳Parks3

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%

Sales History

Sold 6/2020CA$300k–350k
Sold price

Same street

Bottom 36%

Same area

Bottom 29%

City-wide

Bottom 40%

Related homes

Highlights & common questions: 42 Leahcrest Crescent, Winnipeg

Property Overview: 42 Leahcrest Crescent, Winnipeg

Section 1: Key Characteristics & Appeal

This home at 42 Leahcrest Crescent in Mandalay West presents a practical and value-oriented opportunity. Built in 1980, it’s a well-established property in a mature neighbourhood. Its key characteristic is a living area of 1,445 sqft, which is notably above average for its immediate street and area, suggesting a comfortable interior space relative to many nearby homes.

The appeal lies in its position as a potentially efficient purchase. The assessed value is below average for both the street and the broader Mandalay West area, which could indicate room for equity growth or simply a lower entry point. The lot, while smaller than many on the street, is close to the city-wide average, offering manageable outdoor space without excessive maintenance.

This property would suit a first-time homebuyer or a pragmatic downsizer looking for solid interior space in a settled area without a premium price tag. It’s also a candidate for a value-conscious investor or a buyer comfortable with a home from the 1980s who prioritizes functional square footage over a large yard or a newer build date.


Section 2: Frequently Asked Questions

1. Is the below-average assessed value a concern?
Not necessarily. A lower assessment compared to neighbours can sometimes reflect the home’s specific condition, updates, or features. It primarily suggests the property may be priced more accessibly within the area, which can be an advantage for buyers.

2. How significant is the smaller lot size?
The land area is smaller than most on Leahcrest Crescent itself, but is more in line with typical Winnipeg lots. This is ideal for those who want a yard but prefer less landscaping work. For buyers seeking extensive outdoor space, it’s a point to consider.

3. What does the 1980 build year mean for maintenance?
Homes from this era may have original major components, like the roof, windows, or furnace, that are nearing or due for replacement. A thorough inspection is advised to budget for potential updates, which is common for homes of this age.

4. The home sold between 2020-2025. Why is the exact price not shown?
Exact sale prices in Manitoba are not publicly available in real-time. The range provided is estimated from public data. You can request the precise historical sale price directly from SaveOnHouse via email for verified details.

5. How does the living area compare in a practical sense?
With 1,445 sqft ranking in the top 27% on its street, this home likely offers more bedrooms, larger rooms, or better layout flexibility than many comparable houses in the immediate vicinity, which is a distinct advantage for space needs.

Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.