Property score
88.5
Excellent
Overall 88.5 · Larger and newer than most nearby homes
2,701 sqft (top 1%) · Built in 2008 (19 yrs newer 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
Above average
101% larger than neighborhood avg.
Year Built
Above average
19 yrs newer than neighborhood avg.
Mother tongue
English · 39%Punjabi · 26%
Past 10 years Mandalay West sales snapshot (~80% of all data)
472
454k
$385/sqft
1989
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88.5 is composed by the two sections below.
Property Score
Community Score
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.
Sales-to-New-Listings
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
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.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110193
$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
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
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.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
54 Sewa Crescent — 3 amenities found within 500 m, across 1 categories, including 3 parks (nearest 144 m).
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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 33% | Top 3% | Top 8% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 54 Sewa Crescent, Winnipeg
Key Characteristics, Appeal & Ideal Buyer
This home at 54 Sewa Crescent in Mandalay West is defined by its generous scale and modern foundation. Its primary appeal lies in offering substantial space—both indoors and out—within a newer, well-regarded neighbourhood. The 2,701 sqft living area ranks in the top 3% on its street and top 1% in Mandalay West, providing room that significantly exceeds local and city averages. Built in 2008, the property benefits from contemporary construction standards without the concerns of an aging home. The lot size of over 7,700 sqft is also notably larger than most in the immediate area, offering ample outdoor space.
The home’s assessed value positions it as a premium offering in its neighbourhood, suggesting quality finishes or desirable features. Its appeal is for buyers seeking a move-in ready, spacious family home in a mature, established suburban setting. It would particularly suit growing families who prioritize interior square footage and a sizable yard over being in a brand-new development, as well as professionals looking for a modern home with room to grow in a stable community. A thoughtful perspective is that this property represents a "sweet spot" in age: old enough to be in a settled area with mature landscaping, but new enough to likely avoid major near-term system replacements.
Frequently Asked Questions
1. How does the sold price history inform the current value?
The home sold in 2022 for an estimated $550k-$600k. While this provides a recent benchmark, current market conditions, updates made by the sellers, and the specific sale circumstances will influence today’s listing price.
2. What does the "Elite" or "Top %" ranking mean for living area and value?
These rankings compare the home against similar properties on three levels: its own street, the Mandalay West neighbourhood, and city-wide. For example, ranking in the top 1% for living area in Mandalay West means this home is larger than 99% of comparable homes in this specific neighbourhood, highlighting its standout size.
3. Is the assessed value the same as the market value?
No. The assessed value ($63.9k) is for municipal tax purposes and is typically much lower than the market value. The market value is determined by what a buyer is willing to pay, influenced by recent sales (like the 2022 sale), condition, and current market trends.
4. What are the advantages of a 2008 build?
Homes from this era generally incorporate modern building codes, energy efficiency standards, and floor plans that suit contemporary living, while often being past the initial "shakedown" period where minor construction flaws might appear.
5. How does the lot size compare to typical city lots?
At 7,711 sqft, the lot is above average for its street and neighbourhood. This provides more private outdoor space than many newer subdivisions, which is a valuable and less replaceable feature than interior square footage.
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