50 Leahcrest Crescent

Mandalay West, Winnipeg

67.1

Good

Overall 67.1

Older than most nearby homes

1,040 sqft (bottom 31%)

Built in 1981 (8 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

Below average

23% smaller than neighborhood avg.

Year Built

Below average

8 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

Need help understanding this property?

Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.

Usually replies in a few minutes

Property score

67.1 is composed by the two sections below.

Property Score

56.2Fair
Living Area1,040 sqft52Fair
Year Built198173Good
Lot Size4,701 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

around average
1,040 sqft
0255075100
Same streetBottom 39%Same areaBottom 31%CitywideBottom 32%
Same street · Leahcrest Crescent
#59 / 96
Bottom 39% · Avg 1,224 sqft
Same area · Mandalay West
#1,094 / 1,596
Bottom 31% · Avg 1,346 sqft
Citywide · Winnipeg
#132,478 / 194,458
Bottom 32% · Avg 1,342 sqft

Tax-Assessed Value

around average
374k
0255075100
Same streetTop 49%Same areaBottom 34%CitywideTop 46%
Same street · Leahcrest Crescent
#47 / 96
Top 49% · Avg 378.4k
Same area · Mandalay West
#1,061 / 1,596
Bottom 34% · Avg 418.4k
Citywide · Winnipeg
#88,864 / 194,458
Top 46% · Avg 390.1k

Year Built

around average
1981
0255075100
Same streetBottom 37%Same areaBottom 18%CitywideTop 33%

Lot Size

around average
4,701 sqft
0255075100
Same streetBottom 11%Same areaBottom 24%CitywideBottom 38%

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

50 Leahcrest Crescent — 3 amenities found within 500 m, across 1 categories, including 3 parks (nearest 245 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 12/2024CA$400k–450k
Sold price

Same street

Top 7%

Same area

Top 25%

City-wide

Top 27%
Sold 11/2021CA$400k–450k
Sold price

Same street

Top 16%

Same area

Top 31%

City-wide

Top 31%

Related homes

Highlights & common questions: 50 Leahcrest Crescent, Winnipeg

Property Overview: 50 Leahcrest Crescent, Winnipeg

Section 1: Key Characteristics & Appeal

This home at 50 Leahcrest Crescent in Mandalay West is a well-positioned, average-sized property that offers solid value within its established neighbourhood. Built in 1981, the 1,040 sqft house sits on a 4,701 sqft lot. Its primary appeal lies in its consistency and stability. The home's living area, assessed value, and year built all rank solidly around the average for its immediate street, neighbourhood, and the wider city, indicating a property that is neither over-improved nor underdeveloped for its context. Recent sale prices in 2021 and 2024 have trended in the top 25-30% range city-wide, suggesting strong market recognition.

The property would suit pragmatic buyers looking for a manageable, low-drama home in a mature area. It’s ideal for first-time homeowners, downsizers, or investors seeking a straightforward, comparable property without extreme features that complicate valuation. A thoughtful perspective is that its "average" metrics across the board can be a strength, offering predictability and lower risk compared to properties with standout highs or problematic lows. The lot size is smaller than many on its street, which may appeal to those seeking lower exterior maintenance.

Section 2: Frequently Asked Questions

1. How does this home’s value compare to its neighbours?
The home’s assessed value is almost exactly the average for Leahcrest Crescent and Mandalay West, indicating it is priced in line with the local market. Its recent sold prices have performed well above the city-wide average.

2. Is the lot size a disadvantage?
At 4,701 sqft, the lot is below the average for both the street and the neighbourhood. This means less yard space but also typically translates to less maintenance, which can be a positive for some buyers.

3. What does the year built (1981) mean for a buyer?
Built 45 years ago, the home is of a similar vintage to most on its street but is newer than the typical Winnipeg home. Buyers should expect updates common for that era and plan for a standard home inspection.

4. Why are sold prices shown as a range?
Exact sold prices are not publicly available in Manitoba. The ranges provided are based on public data. You can request the exact historical sold price via email from the site, at no cost and without marketing spam.

5. Where can I see more context about this specific location?
You can open the neighbourhood analysis page for an interactive map comparing this property to nearby houses in detail, including year built, living area, assessed value, and lot size.

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.