Property score
70.8
Good
Overall 70.8 · Smaller and older than most nearby homes
1,194 sqft (bottom 21%) · Built in 1974 (2 yrs older than avg)
Located in a high-income area with median household income of ~102k
Transit 70.0 · 6-min walk to transit with 3 nearby routes · Within 500m: 1 school, 1 healthcare facility, 4 parks, and 1 bank/ATM nearby
Living Area
Below average
29% smaller than neighborhood avg.
Year Built
Below average
2 yrs older than neighborhood avg.
Mother tongue
English · 86%French · 2%
Past 10 years River West Park sales snapshot (~80% of all data)
162
489.9k
$333/sqft
1976
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70.8 is composed by the two sections below.
Property Score
Community Score
River West Park
How to read: Share of sales in each ~$50k price band for “river west park” (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: #46111088
$102K
Median household income
$109K
Average household income
3%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.5
P90 / P10 ratio
21%
Single-person households
27%
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
6 Lipsett Crescent — 9 amenities found within 500 m, across 5 categories, including 1 education (nearest 171 m), 1 healthcare (nearest 426 m), 4 parks (nearest 189 m).
River West Park · WPS public data · 2025
Annual incidents
25
2025
vs. city avg
-15%
relative to avg
Year-over-year
▲ +4%
vs. prior year
Primary type
Property
68%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 33% | Bottom 41% | Top 30% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 6 Lipsett Crescent, Winnipeg
Key Characteristics & Appeal
This 1974 home in River West Park presents a compelling mix of space, value, and location. Its primary appeal lies in its generous 10,280 sqft lot, which is significantly larger than most properties in both the neighborhood and city-wide, offering excellent outdoor potential. With 1,194 sqft of living space, the home is more compact than its immediate neighbors but aligns closely with the average Winnipeg house. The assessed value of $438k sits comfortably within its local market while ranking above average city-wide, suggesting a solid value proposition for the area.
The property is ideally suited for buyers who prioritize land size over interior square footage—perfect for those dreaming of gardens, expansions, or simply more private outdoor space. It’s a practical choice for first-time buyers or downsizers seeking a established home in a mature neighborhood without a premium price tag, especially when compared to newer or larger homes on the same street. A thoughtful perspective is that this home offers a "right-sized" interior that’s easier to maintain, paired with a lot that provides future flexibility, making it a strategic entry into a desirable community.
Frequently Asked Questions
1. How does this home’s size compare to others nearby?
The living area is below the average for both Lipsett Crescent and the broader River West Park neighborhood. However, it is very close to the average size for a home across Winnipeg, offering a typically sized interior on a much larger-than-typical lot.
2. Is the assessed value a good indicator of the likely selling price?
The assessed value ($438k) is a municipal valuation for tax purposes. Notably, it is above the Winnipeg average but around the average for this specific street and neighborhood. Recent sold data suggests homes here transact within a competitive range, but for precise historical sale prices, a manual lookup is required.
3. What are the implications of the large lot size?
The lot is a standout feature, ranking in the top 12% in the neighborhood and top 6% city-wide. This could allow for landscaping, recreational space, or potential future additions (subject to zoning and permit approvals). It also may contribute to the above-average city-wide assessed value.
4. The home was last sold in late 2022. What does that mean?
A sale in December 2022 provides a relatively recent market price point, which can be a useful benchmark. Market conditions may have shifted since then, so current valuations should be verified.
5. How can I get exact historical sold price data for this property?
The provided sold price is given as a range. Due to data source rules, exact sold prices are not displayed publicly on the site. You can request the exact figures via email, and the team will manually look up and send the verified transaction history.
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