Property score
81.7
Excellent
Overall 81.7 · Larger than most nearby homes
2,220 sqft (top 4%) · Built in 1941 (7 yrs older than avg)
Located in a high-income area with median household income of ~91k
Transit 86.0 · 3-min walk to transit with 4 nearby routes · Within 500m: 4 dining spots, 1 school, 2 healthcare facilitys, and 5 parks nearby
Living Area
Above average
79% larger than neighborhood avg.
Year Built
Below average
7 yrs older than neighborhood avg.
Mother tongue
English · 84%Chinese · 2%
Past 10 years Sir John Franklin sales snapshot (~80% of all data)
379
382k
$367/sqft
1948
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81.7 is composed by the two sections below.
Property Score
Community Score
Sir John Franklin
How to read: Share of sales in each ~$50k price band for “sir john franklin” (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: #46110377
$91K
Median household income
$159K
Average household income
8%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.9
P90 / P10 ratio
38%
Single-person households
17%
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
1480 Wellington Crescent — 14 amenities found within 500 m, across 6 categories, including 4 dining (nearest 221 m), 1 education (nearest 498 m), 2 healthcare (nearest 474 m).
Sir John Franklin · WPS public data · 2026
Annual incidents
5
2026
vs. city avg
-83%
relative to avg
Year-over-year
▼ -96%
vs. prior year
Primary type
Property
80%
1480 Wellington Crescent: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This 1941 two-storey home on Wellington Crescent is defined by its substantial, mature lot and its position within one of Winnipeg's most established neighbourhoods. Its primary appeal lies in the rare combination of a large, 12,376 sqft property in a prime central location, coupled with a renovated basement that adds functional living space. The 2,220 sqft home sits on a street where it ranks in the top half for lot size, but its assessed value is notably higher than many immediate neighbours, suggesting potential for the lot itself or a premium for its specific location and condition.
It would best suit a buyer who values space, privacy, and established character over a brand-new build. This property is ideal for someone looking for a project—whether that means renovating the 85-year-old home to modern standards or considering the long-term potential of the generous lot in a high-demand area. It appeals to those who understand the value of land in a prestigious neighbourhood and are prepared for the upkeep of a mature property.
Key Details & FAQs
Frequently Asked Questions
1. Why is the assessed value significantly higher than some nearby homes?
The assessed value of $78.40k ranks in the top 5% of the Sir John Franklin neighbourhood. This premium likely reflects the combined value of its large lot size, specific location on Wellington Crescent, and the renovated condition of the basement, setting it apart from neighbouring properties.
2. What does the "renovated basement" entail?
The listing confirms the basement has been renovated, adding valuable finished living space to the home's 2,220 sqft footprint. Specific details on the scope, finishes, or permits should be verified with the seller or a viewing.
3. Is the house original or has it been updated?
The home was built in 1941, and while the basement is noted as renovated, the listing does not specify updates to the main and upper floors. Buyers should be prepared for a property that may require modernization while offering classic character.
4. How does the lot size compare to others on the street?
The 12,376 sqft lot is a key feature, ranking in the top 56% on Wellington Crescent for size. This is considerably larger than many urban lots, offering unusual space and potential for gardens, expansion, or redevelopment, subject to zoning.
5. What is the neighbourhood like?
Sir John Franklin is a central, mature neighbourhood known for its river proximity and established streetscapes. This property's lot size ranks in the top 2% within the area, indicating it is among the largest and most private parcels available.
