58.2
Fair
Property score
58.2
Fair
Overall 58.2
Smaller and older than most nearby homes
752 sqft (bottom 5%)
Built in 1983 (6 yrs older than avg)
Located in a high-income area
with median household income of ~117k
Transit 92.0
4-min walk to transit with 6 nearby routes
Within 500m: 4 parks nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
44% smaller than neighborhood avg.
Year Built
Below average
6 yrs older 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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58.2 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
68 Leahcrest Crescent — 4 amenities found within 500 m, across 1 categories, including 4 parks (nearest 216 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 40% | Bottom 48% | Top 46% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 68 Leahcrest Crescent, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 68 Leahcrest Crescent in Mandalay West is defined by its efficiency and value-oriented footprint. Built in 1983, it is a modest 752 sqft bungalow situated on a larger-than-average lot for the area (over 6,200 sqft). Its assessed value is notably below average for the immediate street and neighbourhood, but aligns more closely with the Winnipeg city-wide average.
The primary appeal lies in its affordability and land potential. It represents a lower entry point into a stable neighbourhood, making it particularly suited for first-time buyers, downsizers seeking minimal upkeep, or investors. The generous lot size is a standout feature, offering future possibilities for expansion, gardening, or outdoor space that is uncommon for homes at this price point. It’s a property that prioritizes land over living space, appealing to those who see long-term potential or value in outdoor privacy. The recent sale in the 2022-2024 period suggests it has been a functional, lived-in home.
Section 2: Frequently Asked Questions
1. Is the house too small?
At 752 sqft, the living area is significantly smaller than most homes on the street and in Mandalay West. It would suit a single person, a couple, or someone looking for a minimalist lifestyle. The floor plan and layout will be key factors in determining if the space meets your needs.
2. Why is the assessed value lower than the neighbourhood average?
The below-average assessment for the area is likely a direct reflection of the home’s smaller size and older construction (1983) compared to many neighbours. This can be an advantage, potentially leading to relatively lower property taxes.
3. What can I do with such a large lot?
The lot is a major asset. Beyond a spacious yard, it provides a rare opportunity in this price range for future additions, like an extension, a garage, or a dedicated outdoor living area. It’s a feature that adds long-term value and flexibility.
4. How does the sale history affect the value?
The home sold between $350k-$400k around 2022-2024. This recent transaction provides a concrete market benchmark, indicating what buyers were willing to pay for this specific combination of small home and large lot in the current market cycle.
5. What are the less obvious things to consider?
Consider the cost balance: savings on the purchase price must be weighed against potential needs for modernization or efficient space planning. Also, while the lot is large, check local zoning bylaws (R1) for any restrictions on future builds or additions. Finally, the age of the home (43 years) means a thorough inspection of major systems like roof, plumbing, and foundation is essential.
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