Property score
81.5
Excellent
Overall 81.5 · Newer than most nearby homes
1,363 sqft (bottom 33%) · Built in 2023 (27 yrs newer than avg)
Located in a high-income area with median household income of ~101k
Transit 94.0 · 2-min walk to transit with 4 nearby routes · Within 500m: 4 parks, 1 fuel station, and 1 place of worship nearby
Living Area
Below average
23% smaller than neighborhood avg.
Year Built
Above average
27 yrs newer than neighborhood avg.
Mother tongue
English · 85%French · 2%
Past 10 years Wellington Crescent sales snapshot (~80% of all data)
17
570.4k
$391/sqft
1996
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Property score
81.5 is composed by the two sections below.
Property Score
Community Score
Neighbourhood Sales
Wellington Crescent
How to read: Share of sales in each ~$50k price band for “wellington crescent” (Condos, 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.
Area census snapshot
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110378
Community deep dive
$101K
Median household income
$122K
Average household income
7%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.6
P90 / P10 ratio
32%
Single-person households
22%
Families with children
Population, labour & age
Households & income
Housing
Diversity, education & language
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rankings
Tax-Assessed Value
above averageYear Built
EliteRank 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.
Transit & Walkability
Nearby stops, routes & transit score
Nearby Amenities
Dining, education, healthcare, shopping & more
1-509 Academy Road — 6 amenities found within 500 m, across 3 categories, including 4 parks (nearest 302 m).
Crime & Safety
Wellington Crescent · WPS public data · 2026
Annual incidents
13
2026
vs. city avg
-56%
relative to avg
Year-over-year
▼ -93%
vs. prior year
Primary type
Property
77%
Sales History
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 43% | Bottom 47% | Top 2% |
1-509 Academy Road · Sold transaction data notes
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Data Coverage
Data Precision
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Related homes
Nearby interested homes
Address · Year Built · Living Area
Nearby properties
Address · Distance
Similar assessed value
Address · Tax-Assessed Value
Highlights & common questions: 1-509 Academy Road, Winnipeg
1-509 Academy Road – Property Summary
Key Characteristics & Buyer Profile
This is a single-family home built in 2023, with 1,363 square feet of living space and an assessed value of $425,000. It sits on Academy Road in the Wellington Crescent neighborhood of Winnipeg.
The property’s strongest differentiator is its age. It’s the newest home on its street and in its immediate area, and ranks in the top 1% citywide for year built. For buyers who want a newer build without the wait or uncertainty of construction, this is a notable edge. The living space is slightly below the street and neighborhood averages (1,675 and 1,781 sqft, respectively), but well above the citywide average for comparable homes (1,042 sqft). Similarly, the assessed value is below local medians but well above the citywide average.
The appeal here is a trade-off. You get a very new house in an established, likely desirable neighborhood, with a size and value that sit modestly below nearby older homes. This might suit buyers who prioritize a modern build—lower maintenance, better energy efficiency, current finishes—over maximum square footage or the highest value per dollar on the street. It could also appeal to someone downsizing within the area or entering a higher-price-point neighborhood at a slightly lower entry point than many surrounding properties.
Five Possible FAQs
1. How does this home's size compare to typical houses in the neighborhood?
It's slightly smaller than average for Academy Road and the Wellington Crescent area. The average home on this street is about 1,675 sqft; this one is 1,363 sqft. However, it's significantly larger than the typical comparable home citywide (1,042 sqft).
2. The property is newer than almost everything nearby. Does that affect the assessed value?
In this case, being newer doesn't mean a higher assessed value relative to the street. The home's $425,000 assessment is below the street average of $484,300 and the neighborhood average of $503,700. New construction can have a higher cost per square foot, but the smaller size here likely balances that out.
3. What does "Top 1% citywide for year built" actually mean?
It means that out of over 26,800 comparable homes in Winnipeg, only about 379 are newer than this one. It's a very strong ranking, reflecting the rarity of a home built in 2023 in any established area, let alone one with older housing stock like much of Wellington Crescent.
4. Is the assessed value of $425,000 a reliable guide to market price?
Assessed value is used for property tax calculation, not a direct market valuation. It's useful for relative comparisons—this home is valued lower than its street and neighborhood averages, which could suggest it’s priced conservatively or reflects its smaller size. A real estate agent would need to factor in current market conditions, recent sales, and the premium (if any) for new construction.
5. What does "comparable homes" mean in the rankings?
The data compares this property to other single-family homes within the same street, neighborhood, and city. The "averages" are rough medians for homes considered comparable—likely similar in type and use, not including condos or commercial properties. The rankings show how this home stacks up specifically within those groups.
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