101 Academy Road

Wellington Crescent, Winnipeg

Property score

81.3

Excellent

Overall 81.3 · Larger but older than most nearby homes

3,047 sqft (top 23%) · Built in 1906 (34 yrs older than avg)

Located in a high-income area with median household income of ~149k

Transit 86.0 · 3-min walk to transit with 4 nearby routes · Within 500m: 1 dining spot, 3 schools, 5 parks, and 3 place of worships nearby

Living Area

Above average

30% larger than neighborhood avg.

Year Built

Below average

34 yrs older than neighborhood avg.

Mother tongue

English · 79%French · 2%

Past 10 years Wellington Crescent sales snapshot (~80% of all data)

Sold Count

208

Median price

707.5k

$/sqft

$349/sqft

Avg build year

1940

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Property score

81.3 is composed by the two sections below.

Property Score

77.9Good
Living Area3,047 sqft100Excellent
Year Built190610Low
Lot Size7,183 sqft88Excellent
Neighbourhood Sales Activity53Fair

Community Score

86.3Excellent
Household Income93Excellent
Education Level91Excellent
Housing Stress74Good
Core Housing Need100Excellent
Employment Health42Low

Neighbourhood Sales

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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: #46110662

Community deep dive

$149K

Median household income

$252K

Average household income

11%

Low income (LIM-AT)

0.5

Income inequality (Gini)

8.4

P90 / P10 ratio

18%

Single-person households

35%

Families with children

Population, labour & age

Population (2021)478
Labour force participation rate54%
Median age48.0
Avg household size2.6
Unemployment rate17%
Population density1327 / km²

Households & income

Low income (LIM-AT, % pop.)11%
Single-person households18%
Couple families with children35%
Median household income (2020)$149K

Housing

Renter households25%
Condominium dwellings8%
Median dwelling value (owners)$750K

Diversity, education & language

Immigrants (share of pop.)15%
Visible minority11%
Bachelor's or higher (25–64)54%
Mother tongue (1st)English · 78%
Mother tongue (2nd)French · 2%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

Elite
3,047 sqft
0255075100
Same streetTop 8%Same areaTop 23%CitywideTop 1%
Same street · Academy Road
#5 / 62
Top 8% · Avg 1,864 sqft
Same area · Wellington Crescent
#124 / 548
Top 23% · Avg 2,343 sqft
Citywide · Winnipeg
#1,859 / 194,458
Top 1% · Avg 1,342 sqft

Tax-Assessed Value

above average
500k
0255075100
Same streetTop 27%Same areaBottom 34%CitywideTop 20%
Same street · Academy Road
#17 / 62
Top 27% · Avg 440.4k
Same area · Wellington Crescent
#360 / 548
Bottom 34% · Avg 805.6k
Citywide · Winnipeg
#38,410 / 194,458
Top 20% · Avg 390.1k

Year Built

below average
1906
0255075100
Same streetBottom 2%Same areaBottom 1%CitywideBottom 2%

Lot Size

above average
7,183 sqft
0255075100
Same streetBottom 42%Same areaTop 41%CitywideTop 16%

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

101 Academy Road — 12 amenities found within 500 m, across 4 categories, including 1 dining (nearest 333 m), 3 education (nearest 69 m), 5 parks (nearest 277 m).

Search radius
🍽️Dining1
🏫Education3
🌳Parks5
Worship3

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

Sold 4/2023CA$500k–550k
Sold price

Same street

Top 35%

Same area

Bottom 41%

City-wide

Top 16%

Related homes

Highlights & common questions: 101 Academy Road, Winnipeg

101 Academy Road – Property Summary

Key Characteristics & Buyer Profile

This is a large, older home on Academy Road in the Wellington Crescent neighbourhood. At 3,047 square feet, the living area ranks in the top 1% citywide and well above average on its street. The house was built in 1906, making it one of the oldest properties on the block—and in the neighbourhood—so original character and period details are likely present. The land area is 7,183 square feet, which is modest relative to other homes in the immediate area but still above average for Winnipeg as a whole.

The assessed value is $500,000. While that sits above the street average of $440,400, it is significantly below the neighbourhood average of $805,600. This gap suggests the property may offer more square footage for the dollar than many nearby homes, possibly because the house is older or needs updating. The combination of a top-tier living area, a below-average assessed value relative to the neighbourhood, and a century-old build makes this a property with both potential and trade-offs.

This home would suit a buyer who values interior space and is not intimidated by an older structure. It may appeal to someone looking for a project—whether cosmetic updates or more substantial renovations—in a desirable area. It could also work for buyers who prioritize square footage and location over move-in readiness or modern finishes. Families, downsizers, or investors who understand older homes and want a foothold in Wellington Crescent without paying the neighbourhood’s typical price point may find it worth a closer look.


Five Possible FAQs

1. How does the assessed value compare to similar homes nearby?
The assessed value is $500,000, which is above the street average ($440,400) but well below the neighbourhood average ($805,600). Citywide, it ranks in the top 20% of comparable homes. This suggests the property is priced below many others in the Wellington Crescent area, possibly due to its age or condition.

2. Is the house a good candidate for renovation?
The 1906 build date places it among the oldest homes on the street and in the neighbourhood. Original features are likely intact, but systems and finishes may be dated. The land area is not unusually large for the area, so any expansion would need to work within existing lot constraints. A thorough inspection would be essential before planning major work.

3. How does the land size stack up against other properties?
At 7,183 square feet, the lot is around average for Academy Road and slightly below average for the Wellington Crescent neighbourhood. Citywide, it ranks in the top 16% for land area, so it is generous by Winnipeg standards but not oversized for its immediate context.

4. What is the neighbourhood like?
Wellington Crescent is one of Winnipeg’s more established residential areas, with larger homes and mature trees. Academy Road runs through it and offers a mix of older houses and some newer infill. The area is known for its walkability, proximity to the river, and access to shops and services along Academy Road itself.

5. Why is the assessed value lower than the neighbourhood average despite the large living area?
Assessed value is influenced by factors beyond square footage, including age, condition, lot size, and recent sales of comparable properties. A 1906 home with an average lot in a neighbourhood full of newer or larger lots and more modern homes will likely be assessed lower, even if the interior floor plan is generous. This can sometimes represent an opportunity for buyers willing to invest in upgrades.

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