37 Hobbs Crescent

Valley Gardens, Winnipeg

Property score

61.9

Fair

Overall 61.9 · Smaller than most nearby homes

980 sqft (bottom 29%) · Built in 1974 (2 yrs older than avg)

Located in a above-average income area with median household income of ~85k

Transit 74.0 · 4-min walk to transit with 2 nearby routes · Within 500m: 1 school, and 4 parks nearby

Living Area

Below average

12% 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)

Sold Count

652

Median price

325k

$/sqft

$343/sqft

Avg build year

1976

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Property score

61.9 is composed by the two sections below.

Property Score

50.0Fair
Living Area42
980 sqftLow
Year Built58
1974Fair
Lot Size74
5,855 sqftGood
Neighbourhood Sales Activity42
Low

Community Score

79.7Good
Household Income79
Good
Education Level63
Fair
Housing Stress100
Excellent
Core Housing Need100
Excellent
Employment Health76
Good

Neighbourhood Sales

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110886

Community deep dive

$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

Population, labour & age

Population (2021)561
Labour force participation rate71%
Median age40.0
Avg household size2.7
Unemployment rate7%
Population density2952 / km²

Households & income

Low income (LIM-AT, % pop.)8%
Single-person households19%
Couple families with children26%
Median household income (2020)$85K

Housing

Renter households7%
Condominium dwellings10%
Median dwelling value (owners)$300K

Diversity, education & language

Immigrants (share of pop.)36%
Visible minority41%
Bachelor's or higher (25–64)34%
Mother tongue (1st)English · 58%
Mother tongue (2nd)Punjabi · 20%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

below average
980 sqft
0255075100
Same streetBottom 25%Same areaBottom 29%CitywideBottom 24%
Same street · Hobbs Crescent
#21 / 28
Bottom 25% · Avg 1,066 sqft
Same area · Valley Gardens
#1,425 / 2,004
Bottom 29% · Avg 1,117 sqft
Citywide · Winnipeg
#147,753 / 194,458
Bottom 24% · Avg 1,342 sqft

Tax-Assessed Value

around average
342k
0255075100
Same streetTop 39%Same areaTop 40%CitywideBottom 43%
Same street · Hobbs Crescent
#11 / 28
Top 39% · Avg 333.5k
Same area · Valley Gardens
#810 / 2,004
Top 40% · Avg 325.5k
Citywide · Winnipeg
#110,124 / 194,458
Bottom 43% · Avg 390.1k

Year Built

above average
1974
0255075100
Same streetTop 14%Same areaTop 46%CitywideTop 42%

Lot Size

around average
5,855 sqft
0255075100
Same streetTop 50%Same areaTop 31%CitywideTop 36%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

37 Hobbs Crescent — 5 amenities found within 500 m, across 2 categories, including 1 education (nearest 449 m), 4 parks (nearest 260 m).

Search radius
🏫Education1
🌳Parks4

Crime & Safety

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%

Sales History

Sold 4/2024CA$400k–450k
Sold price

Same street

Top 13%

Same area

Top 10%

City-wide

Top 30%
Sold 7/2022CA$400k–450k
Sold price

Same street

Top 20%

Same area

Top 11%

City-wide

Top 31%

Related homes

Highlights & common questions: 37 Hobbs Crescent, Winnipeg

Property Overview: 37 Hobbs Crescent, Valley Gardens, Winnipeg

Key Characteristics & Appeal

This 980 sqft bungalow, built in 1974, presents a straightforward opportunity in Winnipeg's Valley Gardens neighborhood. Its primary appeal lies in its solid positioning within a stable, established area. The home sits on a slightly larger-than-neighborhood-average lot of 5,855 sqft, offering good outdoor space potential. While the living area is modest compared to local and city averages, the assessed value of $342k aligns very closely with the averages for both the street and the neighborhood, suggesting a fair and typical market valuation.

This property would suit first-time buyers or downsizers looking for an entry point into a mature community without a premium price tag. Its recent sale history (sold in 2022 and again in 2024 within the $400k-$450k range) indicates steady demand. A thoughtful perspective for a buyer is that while the house itself is compact, the lot size offers a valuable asset for future expansion, gardening, or simply enjoying more private outdoor space than many nearby properties. It represents a classic "good bones" home where value may be found in the land and location rather than in square footage.

Frequently Asked Questions

1. Is the house smaller than others in the area?
Yes. At 980 sqft, the living area is below the average for Hobbs Crescent, Valley Gardens, and Winnipeg overall. This is reflected in its rankings, placing it in the top 75% for size (meaning 75% of comparable homes are larger).

2. How does the assessed value compare?
The assessed value of $342,000 is very typical. It ranks almost exactly at the average for both the immediate street and the wider Valley Gardens neighborhood.

3. What is the property's recent sale history?
Records show it sold twice recently: in July 2022 and again in April 2024. Both sales occurred within the price range of $400,000 to $450,000. Exact sale prices require a manual lookup request via the site.

4. Is the lot a good size?
The 5,855 sqft lot is a positive feature. It is larger than the average lot in Valley Gardens and provides a tangible asset beyond the home's interior square footage.

5. Where can I get verified, exact sale prices?
Due to industry rules, exact MLS sale figures are not displayed. The site offers a manual lookup service where you can request the full transaction history and exact sold prices via email, which they will provide without using your email for marketing.