65.7
Good
Property score
65.7
Good
Overall 65.7
Smaller and older than most nearby homes
910 sqft (bottom 15%)
Built in 1981 (8 yrs older than avg)
Located in a high-income area
with median household income of ~117k
Transit 92.0
5-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
32% 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)
472
454k
$385/sqft
1989
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65.7 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
88 Leahcrest Crescent — 4 amenities found within 500 m, across 1 categories, including 4 parks (nearest 160 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 24% | Top 36% | Top 35% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 18% | Bottom 20% | Bottom 34% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This home at 88 Leahcrest Crescent presents a specific value proposition centered on its generous lot. Built in 1981, the 910 sqft bungalow is modest in size, ranking below average for living space both on its street and in the wider Mandalay West neighbourhood. Its assessed value is consistently around the average mark for its immediate area. The standout feature is the 6,885 sqft lot, which is notably larger than most comparable properties on the street, in the neighbourhood, and across Winnipeg. Recent sale history indicates strong appreciation, with the 2024 sale price range significantly higher than its 2019 sale.
Key Characteristics & Appeal
The primary appeal of this property lies in its land. The lot size is in the top 20% when compared to nearby homes, offering substantial outdoor space for gardening, recreation, or future expansion in a mature, established area. This makes it particularly suited to buyers who prioritize yard size over interior square footage, such as downsizers seeking private outdoor space, or handy individuals who see potential in a home where the value is anchored in the land itself. It’s a pragmatic choice for those comfortable with a cozy, efficiently sized home from the early 1980s, where investment has arguably shifted from the structure to the property it sits on. The sale history suggests it’s seen as a solid asset in a stable neighbourhood.
Frequently Asked Questions
1. Is the house too small?
At 910 sqft, the living area is below the average for Mandalay West. It would suit individuals, couples, or small families comfortable with efficient living spaces. The trade-off is the significantly larger-than-average yard.
2. What does the lot size ranking actually mean?
Ranking in the "Top 19%" for land area on its street means that out of 96 comparable properties, only 18 have a larger lot. This indicates a genuine advantage in outdoor space relative to its immediate neighbours.
3. Has the property value increased?
Based on public sale price ranges, the property sold for approximately $250k–$300k in 2019 and $350k–$400k in 2024. This indicates notable appreciation over that five-year period.
4. How does the assessed value relate to the sale price?
The assessed value is for municipal tax purposes and is often lower than market value. The recent sale price range was significantly higher than the city-wide average assessed value for comparable homes, suggesting a strong market perception.
5. What are the possible reasons for the price increase?
While specific renovations aren't listed, the increase likely reflects both general market trends and the inherent value buyers place on larger lots in established neighbourhoods, a feature that is increasingly rare.
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