Property score
81.9
Excellent
Overall 81.9 · Smaller than most nearby homes
1,503 sqft (bottom 19%) · Built in 2005 (2 yrs newer than avg)
Located in a high-income area with median household income of ~160k
Transit 58.0 · 7-min walk to transit with 2 nearby routes · Within 500m: 1 park nearby
Living Area
Below average
18% smaller than neighborhood avg.
Year Built
Near average
2 yrs newer than neighborhood avg.
Mother tongue
English · 69%Chinese · 5%
Past 10 years Royalwood sales snapshot (~80% of all data)
454
680.1k
$350/sqft
2003
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81.9 is composed by the two sections below.
Property Score
Community Score
Royalwood
How to read: Share of sales in each ~$50k price band for “royalwood” (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: #46111204
$160K
Median household income
$204K
Average household income
4%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.6
P90 / P10 ratio
9%
Single-person households
47%
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
72 Montvale Crescent — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 240 m).
Royalwood · WPS public data · 2026
Annual incidents
3
2026
vs. city avg
-90%
relative to avg
Year-over-year
▼ -94%
vs. prior year
Primary type
Property
67%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 30% | Bottom 9% | Top 32% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
72 Montvale Crescent is a well-situated family home in the established Royalwood neighbourhood. Built in 2005, it offers a practical layout with 1,503 sqft of living space on a generous 4,725 sqft lot. A key feature is its renovated basement, adding valuable finished space, and it includes an attached garage. The home presents a solid value proposition, with an assessed value that positions it favorably within its immediate area.
Key Characteristics & Appeal
The primary appeal of this property lies in its balance of space, location, and move-in readiness. The renovated basement is a significant asset, offering immediate extra living area without the need for a major project. Its lot size is a standout, ranking in the top 9% on its street, providing ample outdoor space that is increasingly rare in newer subdivisions.
This home is ideally suited for first-time buyers or growing families looking for a established, low-maintenance neighbourhood with good schools and amenities. It also appeals to value-conscious buyers who want a home with recent updates (the basement) but are comfortable with a structure that is two decades old, avoiding the premium price of a brand-new build. A thoughtful perspective is that while the living area is average for the street, the combination of the large lot and finished basement effectively expands the usable space beyond the square footage listed, offering more versatility than initially apparent.
Frequently Asked Questions
1. How does the assessed value compare to the likely asking or selling price?
The home is assessed at $514,000. It's important to note that assessed value is for municipal tax purposes and the market value is determined by recent sales of comparable properties, current demand, and the home's condition.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. A buyer should verify the quality of the renovation, whether it includes a bathroom or kitchenette, and ensure all work was permitted.
3. The home last sold in 2017. What might this indicate?
A seven-year ownership period suggests the sellers have likely enjoyed stable tenure, which can be positive. It may also indicate that any updates (like the basement) were done for their own use, potentially with good quality materials.
4. The lot is large, but how is the property positioned?
With nearby references to homes on the same crescent, it's likely a standard residential street. The large lot could offer better privacy, garden potential, or room for additions, but the exact orientation and placement on the lot should be viewed in person.
5. How does this home rank for size and value in its area?
The data shows a mixed ranking: the lot size is excellent (top 3% in Royalwood), but the living area is more average (top 20% in the neighbourhood). This highlights the property's strength as a land value with a comfortable, updated home, rather than a maximized interior square footage.
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