108 Borebank Street

Wellington Crescent, ਵਿਨੀਪਿਗ

Property score

65.8

Good

Overall 65.8 · Smaller but newer than most nearby homes

1,120 sqft (bottom 8%) · Built in 1950 (10 yrs newer than avg)

Located in a high-income area with median household income of ~101k

Transit 76.0 · 2-min walk to transit with 1 nearby route · Within 500m: 2 dining spots, 3 parks, 1 fuel station, and 1 place of worship nearby

ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ

Below average

52% smaller than neighborhood avg.

ਤਰੀਕ ਤੋਂ ਬਣਿਆ

Above average

10 yrs newer than neighborhood avg.

Mother tongue

English · 85%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

65.8 is composed by the two sections below.

Property Score

52.6Fair
ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ60
1,120 sqftFair
ਤਰੀਕ ਤੋਂ ਬਣਿਆ30
1950Low
ਜ਼ਮੀਨ53
4,196 sqftFair
Neighbourhood Sales Activity53
Fair

Community Score

85.6Excellent
Household Income85
Excellent
Education Level100
Excellent
Housing Stress83
Excellent
Core Housing Need88
Excellent
Employment Health60
Fair

ਕਮਿਊਨਿਟੀ ਵਿਕਰੀ ਅੰਕੜੇ

Wellington Crescent

How to read: Share of sales in each ~$50k price band for “wellington crescent” (ਡੀਟੈਚਡ ਘਰ (ਕੋਂਡੋ ਨਹੀਂ), 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: #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

Population (2021)541
Labour force participation rate68%
Median age44.0
Avg household size2.1
Unemployment rate16%
Population density2459 / km²

Households & income

Low income (LIM-AT, % pop.)7%
Single-person households32%
Couple families with children22%
Median household income (2020)$101K

Housing

Renter households19%
Condominium dwellings0%
Median dwelling value (owners)$380K

Diversity, education & language

Immigrants (share of pop.)11%
Visible minority9%
Bachelor's or higher (25–64)63%
Mother tongue (1st)English · 85%
Mother tongue (2nd)French · 1%

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

ਰੈਂਕਿੰਗ

ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ

ਔਸਤ
1,120 sqft
0255075100
Same streetਹੇਠਲੇ 43%Same areaਹੇਠਲੇ 8%Citywideਹੇਠਲੇ 42%
Same street · Borebank Street
#229 / 404
ਹੇਠਲੇ 43% · ਔਸਤ 1,211 sqft
Same area · Wellington Crescent
#504 / 548
ਹੇਠਲੇ 8% · ਔਸਤ 2,343 sqft
Citywide · ਵਿਨੀਪਿਗ
#112,617 / 194,458
ਹੇਠਲੇ 42% · ਔਸਤ 1,342 sqft

ਮੁਲਾਂਕਣ ਮੁੱਲ

ਔਸਤ ਤੋਂ ਉੱਪਰ
473k
0255075100
Same streetਟਾਪ 20%Same areaਹੇਠਲੇ 29%Citywideਟਾਪ 24%
Same street · Borebank Street
#81 / 404
ਟਾਪ 20% · ਔਸਤ 426.2k
Same area · Wellington Crescent
#390 / 548
ਹੇਠਲੇ 29% · ਔਸਤ 805.6k
Citywide · ਵਿਨੀਪਿਗ
#47,341 / 194,458
ਟਾਪ 24% · ਔਸਤ 390.1k

ਤਰੀਕ ਤੋਂ ਬਣਿਆ

ਔਸਤ ਤੋਂ ਉੱਪਰ
1950
0255075100
Same streetਹੇਠਲੇ 49%Same areaਟਾਪ 21%Citywideਹੇਠਲੇ 28%

ਜ਼ਮੀਨ

ਔਸਤ ਤੋਂ ਹੇਠਾਂ
4,196 sqft
0255075100
Same streetਹੇਠਲੇ 15%Same areaਹੇਠਲੇ 7%Citywideਹੇਠਲੇ 29%

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.

ਆਵਾਜਾਈ ਅਤੇ ਪੈਦਲ ਚੱਲਣਯੋਗਤਾ

ਨੇੜੇ ਦੇ ਸਟਾਪ, ਰੂਟ ਅਤੇ ਟ੍ਰਾਂਜ਼ਿਟ ਸਕੋਰ

Nearby Amenities

Dining, education, healthcare, shopping & more

108 Borebank Street — 7 amenities found within 500 m, across 4 categories, including 2 dining (nearest 484 m), 3 parks (nearest 309 m).

Search radius
🍽️Dining2
🌳Parks3
Fuel Stations1
Worship1

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%

ਵਿਕਰੀ ਦਾ ਇਤਿਹਾਸ

12/2019 ਵਿਚ ਵਿਕਿਆCA$350k–400k
ਵਿਕਰੀ ਮੁੱਲ

ਉਹੀ ਸਟ੍ਰੀਟ

ਟਾਪ 50%

ਉਹੀ ਇਲਾਕਾ

ਹੇਠਲੇ 20%

ਪੂਰਾ ਸ਼ਹਿਰ

ਟਾਪ 37%

Related homes

ਵਿਨੀਪਿਗ 108 Borebank Street — ਵਿਸ਼ੇਸ਼ਤਾ ਅਤੇ ਸੰਬੰਧਿਤ ਸਵਾਲ

108 Borebank Street – Property Summary

Key Characteristics & Buyer Profile

This is a 1,120 sqft single-family home built in 1950, sitting on a 4,196 sqft lot in the Wellington Crescent area of Winnipeg. Its assessed value for property tax purposes is $473,000.

The property’s appeal lies in its balance of size and value. While the living space (1,120 sqft) is slightly below the Winnipeg average (1,342 sqft), the assessed value is notably above the city average ($390,000) and sits in the top 24% citywide. This suggests a property that holds its value well relative to its square footage. The home is newer than the typical Wellington Crescent property (where many homes date to around 1940), and its lot is smaller than average both locally and citywide—something to note if outdoor space is a priority.

A less obvious point: the high assessed value relative to square footage may reflect the property’s location within a desirable street (Borebank Street ranks in the top 20% for value), rather than any particular size or age advantage. Buyers are essentially paying for the address and the neighbourhood’s reputation, not for extra space or a large yard.

This property would suit buyers who prioritize location over square footage—someone who values being in the Wellington Crescent area but doesn’t need a large home or sprawling lot. It may also appeal to those looking for a more modestly sized home in a higher-value area, possibly as a starter home or a downsizing option where the land value is expected to appreciate.


Five Possible FAQs

1. How does the living space compare to other homes in the area?
On Borebank Street, the 1,120 sqft is close to the street average of 1,211 sqft. In the wider Wellington Crescent area, it is well below the average of 2,343 sqft—meaning this is a smaller home relative to its neighbours in the community.

2. Is the property overpriced for its size?
The assessed value of $473,000 is above the city average and well above the Borebank Street average of $426,000. However, it is significantly below the Wellington Crescent average of $806,000. The value reflects the street’s standing, not the home’s size.

3. What is the condition of a 1950-built home?
No condition information is provided here, but homes from 1950 are common in Winnipeg. Buyers should budget for potential updates to systems (electrical, plumbing, insulation) that may be original or nearing end of life, especially given that this home is newer than much of the surrounding neighbourhood.

4. Why is the lot size so much smaller than average?
At 4,196 sqft, the lot is smaller than the Borebank Street average (5,265 sqft) and far smaller than the Wellington Crescent average (9,488 sqft). This is typical of infill or tighter subdivisions within established neighbourhoods. The property likely has limited outdoor space, which may be a trade-off for its location.

5. Is this a good investment property?
The assessed value ranks in the top 24% citywide, suggesting stable value relative to the city. However, the smaller lot and living space may limit resale appeal to buyers seeking more space. It may work best as a long-term hold in a desirable area rather than a short-term flip.