68.3
Good
Property score
68.3
Good
Overall 68.3
Larger and newer than most nearby homes
1,254 sqft (top 24%)
Built in 1977 (1 yr newer than avg)
Located in a high-income area
with median household income of ~90k
Transit 88.0
2-min walk to transit with 3 nearby routes
Within 500m: 2 dining spots, 1 healthcare facility, 1 shop, and 3 parks nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Above average
12% larger than neighborhood avg.
Year Built
Above average
1 yrs newer than neighborhood avg.
Mother tongue
English · 66%Punjabi · 16%
Past 10 years Valley Gardens sales snapshot (~80% of all data)
652
325k
$343/sqft
1976
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
68.3 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: #46110783
$90K
Median household income
$92K
Average household income
5%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.7
P90 / P10 ratio
27%
Single-person households
24%
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
24 Werrell Crescent — 9 amenities found within 500 m, across 6 categories, including 2 dining (nearest 427 m), 1 healthcare (nearest 444 m), 1 shopping (nearest 148 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 | Bottom 29% | 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: 24 Werrell Crescent
Key Characteristics & Appeal
This 1977-built home in Valley Gardens presents a compelling value proposition. Its key appeal lies in offering above-average interior space on a manageable lot. With 1,254 sqft of living area, the home ranks in the top 24% of its neighborhood for size, providing more room than most nearby houses. This is balanced by a land area of 4,186 sqft, which is smaller than the local average, resulting in less yard maintenance—a practical advantage for many.
The most distinctive characteristic is its assessed value of $250k, which is significantly below averages for the street ($333.4k), neighborhood ($325.5k), and city ($390.1k). This suggests a potential entry point into a well-established area. The home suits first-time buyers seeking space without a premium price, downsizers looking for a comfortable interior without extensive grounds, or value-focused investors attracted by the below-market assessment in a mature community. It’s a home that prioritizes living space over land, offering practicality and immediate equity potential in its valuation.
Frequently Asked Questions
1. Why is the assessed value so much lower than the neighbors?
While the exact reason isn't specified, a lower assessment can stem from factors like the home's specific condition, updates needed, or its smaller lot size. It's a critical starting point for discussion with a real estate professional to understand the market price versus this tax assessment.
2. Is the smaller lot size a major drawback?
It depends on your lifestyle. The lot is below average for the area, which means less yard work and lower outdoor maintenance costs. For buyers who prioritize indoor space or prefer a more manageable property, this can be a benefit rather than a drawback.
3. The home was built in 1977. What should I be aware of?
Built in 1977, the home is newer than the Winnipeg city average. Key systems like the roof, wiring, plumbing, and heating are likely original or have seen updates. A thorough inspection is essential to understand the condition and plan for any modernizations.
4. How does the living area compare realistically?
The living area is a strong point. At 1,254 sqft, it is genuinely larger than most similar homes in both the immediate neighborhood and on its own street, offering more interior space than you might expect for the price point.
5. What does the "Top X%" ranking actually mean?
These rankings compare this specific property against similar homes in different zones (street, neighborhood, city). For example, ranking in the "Top 24%" for living area in Valley Gardens means approximately 76% of comparable homes in the neighborhood are smaller. It provides context for how the home measures up in various categories.
Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.
