Property score
65.5
Good
Overall 65.5 · Compared with neighbourhood average
1,050 sqft (bottom 42%) · Built in 1974 (2 yrs older than avg)
Located in a above-average income area with median household income of ~85k
Transit 74.0 · 3-min walk to transit with 2 nearby routes · Within 500m: 1 school, and 3 parks nearby
Living Area
Near average
6% smaller than neighborhood avg.
Year Built
Near average
2 yrs older than neighborhood avg.
Mother tongue
English · 58%Punjabi · 21%
Past 10 years Valley Gardens sales snapshot (~80% of all data)
652
325k
$343/sqft
1976
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65.5 is composed by the two sections below.
Property Score
Community Score
Valley Gardens
How to read: Share of sales in each ~$50k price band for “valley gardens” (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: #46110886
$85K
Median household income
$97K
Average household income
8%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.5
P90 / P10 ratio
19%
Single-person households
26%
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
187 Reay Crescent — 4 amenities found within 500 m, across 2 categories, including 1 education (nearest 396 m), 3 parks (nearest 182 m).
Valley Gardens · WPS public data · 2026
Annual incidents
28
2026
vs. city avg
-5%
relative to avg
Year-over-year
▼ -94%
vs. prior year
Primary type
Property
71%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 5% | Top 15% | Top 35% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 36% | Bottom 41% | Bottom 35% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 187 Reay Crescent, Valley Gardens, Winnipeg
Key Characteristics & Appeal
This well-situated, one-storey home in Valley Gardens offers practical living on a generous, mature lot. Its key characteristics include a renovated basement, detached garage, and 1,050 sqft of living space in a 1974-built bungalow. The lot size of 5,788 sqft is notably above average for the street and neighbourhood, providing ample outdoor space.
The appeal lies in its solid, move-in-ready foundation with room for personalization. The home ranks highly for its newer build year relative to the street and holds an assessed value that places it in the top tiers of the immediate area, suggesting a history of maintained value. It particularly suits first-time buyers or downsizers seeking single-level living without a condo fee, or investors attracted to a stable neighbourhood with proven resale activity, as evidenced by sales in 2016 and 2023. A thoughtful perspective is the value of the lot itself; in a neighbourhood of older homes, this larger parcel offers future potential for expansion or landscaping that smaller, newer lots often cannot.
Frequently Asked Questions
1. How does the property’s value compare to recent sales?
The home last sold in April 2023 for $391,000, which is above its current $360,000 assessed value. This indicates a market sale relatively recent, and any offer would likely be negotiated with that recent sale price in mind.
2. Is the house larger or smaller than others nearby?
At 1,050 sqft, the living area is very close to the neighbourhood median, offering standard space for the area. However, the land area is significantly larger than over half the properties on the street, which is a distinct advantage.
3. What is the neighbourhood like for families or quiet living?
Valley Gardens is an established, mature neighbourhood. The property rankings show consistent mid-to-upper performance for metrics like assessed value within the area, suggesting a stable, desirable community without extreme highs or lows.
4. What might the “renovated basement” include?
The listing confirms a renovated basement but does not specify finishes or layout. This should be verified in a viewing to understand if it’s a modern living space, a rental suite, or updated utility and storage areas.
5. Are there any obvious concerns from the public data?
The data shows no obvious red flags. The home has changed hands twice in eight years, which is normal turnover. One point to note is that while the build year is newer than most on its street, it is slightly older than the Winnipeg average, so a thorough inspection of original components (like roofing or windows) is always recommended.
