Property score
72.5
Good
Overall 72.5 · Newer than most nearby homes
1,314 sqft (top 45%) · Built in 1983 (7 yrs newer than avg)
Located in a high-income area with median household income of ~114k
Transit 74.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 2 parks nearby
Living Area
Near average
6% smaller than neighborhood avg.
Year Built
Above average
7 yrs newer than neighborhood avg.
Mother tongue
English · 83%French · 2%
Past 10 years River East sales snapshot (~80% of all data)
826
425k
$395/sqft
1976
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72.5 is composed by the two sections below.
Property Score
Community Score
River East
How to read: Share of sales in each ~$50k price band for “river east” (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: #46110771
$114K
Median household income
$127K
Average household income
2%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.6
P90 / P10 ratio
13%
Single-person households
33%
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
117 Leatherwood Crescent — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 211 m).
River East · WPS public data · 2026
Annual incidents
17
2026
vs. city avg
-42%
relative to avg
Year-over-year
▼ -92%
vs. prior year
Primary type
Property
71%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 33% | Top 50% | Top 43% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 117 Leatherwood Crescent, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated River East home, built in 1983, presents a practical and straightforward opportunity. Its key appeal lies in its solid positioning within a mature neighborhood, offering a home that is newer than many in the immediate area and across Winnipeg. With 1,314 sqft of living space, it provides a comfortably sized layout that is above average for its street.
The property’s assessed value of $369k is consistently around the average mark when compared to the street, neighborhood, and city, suggesting a stable, market-aligned investment without significant premium or discount. A thoughtful perspective for buyers is the lot size: at 3,204 sqft, it is notably smaller than most comparable plots in the area. This translates to less yard maintenance—a potential benefit for those seeking a low-upkeep outdoor space—but less room for expansion or extensive gardening.
This home would best suit first-time buyers or downsizers looking for a move-in-ready property in an established community without the premium price tag of a larger lot. It’s a sensible choice for those who prioritize the home’s interior space and modern construction era over extensive private outdoor space.
Section 2: Frequently Asked Questions
1. Is the price fair for the neighborhood?
Based on the assessed value and recent sold price data, the property is priced consistently with averages for Leatherwood Crescent, River East, and Winnipeg overall. It represents a middle-of-the-road value rather than a standout bargain or overpriced listing.
2. The lot seems small. Is that a major drawback?
It depends on your lifestyle. The lot is significantly smaller than area averages, limiting large garden projects or additions. However, this also means less time and money spent on lawn care and landscaping, which can be a positive for buyers seeking low maintenance.
3. How does the home’s age affect its condition?
Built in 1983, the home is newer than many in River East and on its street. This can be an advantage, potentially meaning newer major systems (like plumbing and electrical) than those found in mid-century homes, but a thorough inspection is still essential to assess the current state of the roof, windows, and HVAC.
4. What can recent sold prices tell me?
Public data indicates it last sold between $350k-$400k in April 2021. This range was in the top 33% for the street at that time, showing it has been a desirable property on this specific block. For exact historical figures, you must request a manual lookup from the site.
5. Who are the most likely neighbors?
The immediate street consists of similar single-family homes primarily from the early 1980s. The consistent age and value of homes on Leatherwood Crescent suggest a stable, established community of long-term residents, likely families and empty-nesters.
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