Property score
69.9
Good
Overall 69.9 · Larger than most nearby homes
1,256 sqft (top 23%) · Built in 1974 (2 yrs older than avg)
Located in a above-average income area with median household income of ~85k
Transit 80.0 · 4-min walk to transit with 3 nearby routes · Within 500m: 1 school, and 5 parks nearby
Living Area
Above average
12% larger 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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69.9 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
61 Hobbs Crescent — 6 amenities found within 500 m, across 2 categories, including 1 education (nearest 496 m), 5 parks (nearest 293 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 40% | Top 49% | Bottom 40% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 61 Hobbs Crescent
Key Characteristics & Appeal
This well-situated home at 61 Hobbs Crescent presents a compelling blend of space, value, and location within the Valley Gardens neighborhood. Its primary appeal lies in its efficient use of space and its strong standing within its immediate community. The 1,256 sqft living area is notably above average for Hobbs Crescent itself, ranking in the top 14% of the street, offering more interior room than most direct neighbors. Built in 1974, it is also among the newer homes on the block. The assessed value is consistently aligned with averages at every level—street, neighborhood, and citywide—suggesting a fair, market-reflective price without premium speculation. The lot size of 5,461 sqft is comfortably average for the area, providing standard outdoor space.
This property would suit practical buyers looking for a move-in-ready home in an established neighborhood without overpaying for prestige. It’s ideal for first-time homeowners, small families, or downsizers who prioritize more interior space over a massive yard, and who appreciate a home that holds its value squarely within community norms rather than at an outlier premium. A thoughtful perspective is that this home offers a "neighborhood advantage"—its specs are most impressive right where it matters most, on its own street, indicating a good relative position within its micro-community.
Frequently Asked Questions
1. Is the living space actually larger than similar homes?
Yes. The living area is a key strength, ranking in the top 14% on its own street and top 23% in the wider Valley Gardens neighborhood, meaning it offers more interior space than many comparable local properties.
2. How does the assessed value compare to asking price?
The assessed value of $332k is a municipal valuation for tax purposes. It is consistently "around average" at all comparison levels, suggesting the home is not uniquely over- or under-valued relative to its peers, providing a stable benchmark.
3. What does the year built (1974) indicate?
Built in 1974, this home is newer than most on its street (top 14%), which can suggest updated infrastructure. Citywide, it's around average, placing it in a common era of Winnipeg housing stock with known maintenance profiles.
4. Is the lot size a drawback?
The lot is not exceptionally large, but it is typical. It's slightly smaller than the street average but slightly larger than the neighborhood average, representing a standard urban lot that balances yard space with low-maintenance practicality.
5. How does this home rank overall in its area?
The data shows a home that performs strongest in its hyper-local context. It offers above-average living space and a newer build on its street, while other metrics like value and lot size align with broader area averages, portraying a solid, competitive property within its immediate circle.
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