Property score
88.2
Excellent
Overall 88.2 · Larger than most nearby homes
6,503 sqft (top 1%) · Built in 1935 (5 yrs older than avg)
Located in a high-income area with median household income of ~254k
Transit 74.0 · 4-min walk to transit with 2 nearby routes · Within 500m: 1 school, and 3 parks nearby
Living Area
Above average
178% larger than neighborhood avg.
Year Built
Near average
5 yrs older than neighborhood avg.
Mother tongue
English · 86%French · 3%
Past 10 years Wellington Crescent sales snapshot (~80% of all data)
208
707.5k
$349/sqft
1940
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88.2 is composed by the two sections below.
Property Score
Community Score
Wellington Crescent
How to read: Share of sales in each ~$50k price band for “wellington crescent” (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: #46110665
$254K
Median household income
$715K
Average household income
9%
Low income (LIM-AT)
0.6
Income inequality (Gini)
7.8
P90 / P10 ratio
8%
Single-person households
48%
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
1001 Wellington Crescent — 4 amenities found within 500 m, across 2 categories, including 1 education (nearest 442 m), 3 parks (nearest 198 m).
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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 6% | Top 3% | Top 1% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
This property is a 1935-built home on a 47,422 sqft lot with 6,503 sqft of living space and an assessed value of $2.79M. Its standout feature is the land: the lot ranks in the top 4% on Wellington Crescent and the top 1% citywide, offering a scale that is rare even within Winnipeg’s most prestigious addresses. The living area and assessed value also fall within the top 1% across the city, placing the home firmly among the elite tier of properties.
The appeal lies in the combination of significant acreage within a historic, established neighbourhood. Unlike newer subdivisions where large lots are more common, this property offers privacy and space in a mature setting with established trees and proximity to the Assiniboine River corridor. The home itself is from 1935, which means it will likely require updating or a thoughtful renovation—this is not a move-in-ready modern showpiece. The value is in the location and the land, not necessarily the current condition of the house.
This property would suit a buyer who values land and location above a turnkey home. It is ideal for someone looking to undertake a significant renovation or rebuild on one of Winnipeg’s most prestigious streets. It may also appeal to buyers who appreciate pre-war architecture and are willing to invest in restoring a property to its original character. It is less suited to someone wanting a low-maintenance, contemporary home with no immediate work required.
1. Is the house in good condition, or does it need major work?
The property was built in 1935 and ranks around the average age for homes on Wellington Crescent. The data does not indicate recent renovations or condition. Buyers should expect that a home of this age will likely need significant updates—mechanical systems, windows, roof, and interior finishes should be carefully inspected. The high land value suggests the property may be purchased more for the lot than the existing structure.
2. Why is the assessed value high if the house is older?
The assessed value reflects both the land and the building. In this case, the land value is the primary driver. With a lot nearly 50,000 sqft in a top-tier neighbourhood, the assessment is in the top 1% citywide. The house itself may contribute less to the value than the land beneath it.
3. How does the lot size compare to other homes on the street?
The lot is 47,422 sqft, ranking 10th out of 267 properties on Wellington Crescent (top 4%). The average lot size on the street is 13,936 sqft, so this property is more than three times the typical size. It is also significantly larger than the neighbourhood average of 9,488 sqft and the citywide average of 6,570 sqft.
4. Is this a good investment property?
It depends on the buyer’s strategy. As a rental, the numbers may not work well given the high purchase price relative to potential rental income. As a land-holding investment, Wellington Crescent has historically been one of Winnipeg’s most stable and desirable addresses. The scarcity of large lots in this area means the land is likely to hold or increase in value over time, particularly if redevelopment potential exists.
5. What does “top 1%” mean in the rankings?
The property is compared against 194,458 properties citywide. Ranking 36th in assessed value and 37th in living area means it is in the top 0.02% of all homes in Winnipeg. These are elite rankings. However, the rankings are based on data from comparable homes, so the exact methodology matters. It is safe to say this property is among the most substantial in the city in terms of size and value.
