52 Leahcrest Crescent

Mandalay West, Winnipeg

70.1

Good

Overall 70.1

Compared with neighbourhood average

1,076 sqft (bottom 35%)

Built in 1984 (5 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

20% smaller than neighborhood avg.

Year Built

Below average

5 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

70.1 is composed by the two sections below.

Property Score

61.1Fair
Living Area1,076 sqft52Fair
Year Built198473Good
Lot Size8,494 sqft93Excellent
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
1,076 sqft
0255075100
Same streetTop 49%Same areaBottom 35%CitywideBottom 37%
Same street · Leahcrest Crescent
#47 / 96
Top 49% · Avg 1,224 sqft
Same area · Mandalay West
#1,039 / 1,596
Bottom 35% · Avg 1,346 sqft
Citywide · Winnipeg
#123,330 / 194,458
Bottom 37% · Avg 1,342 sqft

Tax-Assessed Value

above average
405k
0255075100
Same streetTop 22%Same areaBottom 47%CitywideTop 37%
Same street · Leahcrest Crescent
#21 / 96
Top 22% · Avg 378.4k
Same area · Mandalay West
#841 / 1,596
Bottom 47% · Avg 418.4k
Citywide · Winnipeg
#72,157 / 194,458
Top 37% · Avg 390.1k

Year Built

above average
1984
0255075100
Same streetTop 8%Same areaBottom 38%CitywideTop 30%

Lot Size

above average
8,494 sqft
0255075100
Same streetTop 9%Same areaTop 8%CitywideTop 10%

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

52 Leahcrest Crescent — 3 amenities found within 500 m, across 1 categories, including 3 parks (nearest 229 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

Top 49%

Same area

Bottom 40%

City-wide

Bottom 48%

Related homes

Highlights & common questions: 52 Leahcrest Crescent, Winnipeg

Property Overview & Appeal

This well-situated home at 52 Leahcrest Crescent in Winnipeg's Mandalay West neighbourhood presents a compelling opportunity. Its key appeal lies in a combination of a generous, above-average lot size and a home that is newer than most on its street. With 1,076 sqft of living space, the house itself is modest and slightly below the area average, suggesting a manageable layout. However, it sits on a large 8,494 sqft lot, ranking in the top 10% locally, which offers significant outdoor space and future potential. The 1984 build date makes it one of the newer homes on the block, likely meaning fewer immediate concerns with aging infrastructure compared to older peers.

The property would suit first-time buyers or downsizers looking for a solid, low-maintenance bungalow-style home with room to garden or expand outdoors. It also appeals to value-conscious buyers who prioritize land size—a rarer commodity in established areas—over a large interior footprint. The assessed value is strong for the immediate street, indicating the municipality sees solid value here relative to neighbours.

Frequently Asked Questions

1. Is the house too small for a growing family?
At 1,076 sqft, the living space is functional but compact. It may suit a young family starting out or a household that values large outdoor space over expansive indoor areas. The sizable lot does offer room for a future addition, subject to permits.

2. Why is the assessed value so much lower than the last sold price range?
The assessed value (used for property tax calculation) is often significantly lower than market value. The 2020 sale price of $300k-$350k reflects what a buyer actually paid, while the $40,500 assessment is a provincial valuation for tax purposes—this discrepancy is normal in Winnipeg.

3. What does the "above average" year built ranking mean for maintenance?
Built in 1984, the home is newer than 92% of homes on its street. This typically suggests major components like the roof, windows, and furnace may have been updated more recently than in a 1960s home, but a thorough inspection is still essential to verify the condition of these 40-year-old systems.

4. How does the large lot size impact costs and responsibilities?
A lot nearly 50% larger than the neighbourhood average means more yard to maintain (mowing, landscaping) and potentially higher water bills for outdoor use. However, it also provides more privacy, recreation space, and is a long-term asset as smaller lots become more common.

5. Can I find out the exact price it sold for in 2020?
The exact sale price is not publicly listed. The listing service provides the range, and you must contact them directly via email to request the precise figure, which they provide manually as a courtesy service.

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.