Property Overview
This home at 167 Leahcrest Crescent presents a solid, above-average offering in Winnipeg's Mandalay West neighbourhood. Its primary appeal lies in its generous living space—at 1,570 sqft, it ranks in the top 21% of homes on its street and offers more room than many comparable properties in the immediate area. Built in 1981, it is a well-established home on a standard-sized lot. The assessed value positions it as a higher-tier property on its own street but aligns more closely with the average for the wider city. A recent sale between 2023 and 2025 in the $400k-$450k range suggests a stable and active market for the home.
This property would suit buyers looking for move-in-ready space in a mature neighbourhood without the premium often attached to newer builds. It’s a practical choice for those who prioritize interior square footage over a large yard, as the lot size is somewhat more compact compared to others on the street. The data suggests it’s a home that offers relative value through its spacious interior within its local context.
Frequently Asked Questions
How does this home’s size truly compare to others?
While its living area is notably larger than most on Leahcrest Crescent and in Mandalay West, its lot size is smaller than many of its direct neighbours. This indicates a home designed for indoor living and comfort rather than extensive outdoor space.
What does the assessed value tell me?
The assessment places the home in the top 20% on its street, which is positive for perceived value. However, it’s closer to the city-wide average, suggesting it’s priced consistently with the broader Winnipeg market rather than carrying a significant neighbourhood premium.
Is the 1981 build date a concern?
The year built is average for the street but older than most in Mandalay West. This typically means well-understood construction styles and neighbourhood maturity, but buyers should focus on the home’s specific maintenance history and updates.
What can we infer from the recent sale price range?
The $400k-$450k sale in the last few years indicates strong buyer interest and establishes a clear benchmark for current value. It shows the home transacts in a competitive price bracket for its size and area.
How useful are the “rank” and “top %” figures?
These metrics are best for understanding how the home stacks up against immediate peers. For instance, ranking 20th out of 96 for living area on the street is a strong, tangible indicator of its standout feature, while more average rankings in other categories provide helpful context.