114 Borebank Street

Wellington Crescent, Winnipeg

Property score

60.6

Fair

Overall 60.6 · Smaller and older than most nearby homes

1,028 sqft (bottom 6%) · Built in 1920 (20 yrs older 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, 2 parks, 1 fuel station, and 1 place of worship nearby

Living Area

Below average

56% smaller than neighborhood avg.

Year Built

Below average

20 yrs older 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

60.6 is composed by the two sections below.

Property Score

44.0Low
Living Area52
1,028 sqftFair
Year Built16
1920Low
Lot Size46
3,597 sqftLow
Neighbourhood Sales Activity53
Fair

Community Score

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

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: #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.

Rankings

Living Area

around average
1,028 sqft
0255075100
Same streetBottom 32%Same areaBottom 6%CitywideBottom 29%
Same street · Borebank Street
#275 / 404
Bottom 32% · Avg 1,211 sqft
Same area · Wellington Crescent
#517 / 548
Bottom 6% · Avg 2,343 sqft
Citywide · Winnipeg
#138,307 / 194,458
Bottom 29% · Avg 1,342 sqft

Tax-Assessed Value

around average
388k
0255075100
Same streetBottom 35%Same areaBottom 11%CitywideTop 42%
Same street · Borebank Street
#264 / 404
Bottom 35% · Avg 426.2k
Same area · Wellington Crescent
#488 / 548
Bottom 11% · Avg 805.6k
Citywide · Winnipeg
#80,778 / 194,458
Top 42% · Avg 390.1k

Year Built

below average
1920
0255075100
Same streetBottom 2%Same areaBottom 16%CitywideBottom 13%

Lot Size

below average
3,597 sqft
0255075100
Same streetBottom 6%Same areaBottom 3%CitywideBottom 20%

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

114 Borebank Street — 6 amenities found within 500 m, across 4 categories, including 2 dining (nearest 478 m), 2 parks (nearest 320 m).

Search radius
🍽️Dining2
🌳Parks2
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%

Sales History

Sold 10/2022CA$350k–400k
Sold price

Same street

Bottom 37%

Same area

Bottom 15%

City-wide

Top 42%
Sold 7/2020CA$300k–350k
Sold price

Same street

Bottom 18%

Same area

Bottom 6%

City-wide

Bottom 45%

Related homes

Highlights & common questions: 114 Borebank Street, Winnipeg

114 Borebank Street – Property Summary

Key Characteristics & Buyer Profile

This is a 1920-built home with 1,028 square feet of living space on a 3,597-square-foot lot. Compared to others on Borebank Street, the living area and assessed value are both close to average, while the lot is smaller than most and the building is older. Against the broader Wellington Crescent neighbourhood—where the average home is nearly 2,400 square feet on a lot close to 10,000 square feet—this property is distinctly smaller in both footprint and land. Citywide, it sits slightly below average in size and age, but its assessed value (around $388,000) is very close to the Winnipeg median.

The appeal here is less about standout features and more about affordability and location context. For a home in an upscale neighbourhood like Wellington Crescent, the price point is notably accessible. That said, buyers should be aware that the small lot and older construction are real trade-offs—not hidden ones, but ones that could affect resale or renovation options. This property would suit someone who values being in a desirable area over having a large home or yard. It may also appeal to first-time buyers looking for a smaller, lower-cost entry into a neighbourhood where most homes are significantly pricier. Investors might see potential in the land value relative to the neighbourhood, but the small lot limits redevelopment possibilities.


Five Frequently Asked Questions

1. How does the property's smaller lot affect its value?
The lot is below average for the street, neighbourhood, and city. While this keeps the purchase price lower, it also means less outdoor space and fewer options for major additions or redevelopment. In a neighbourhood where large lots are the norm, this could limit future resale appeal to buyers who specifically want a lower-maintenance yard.

2. Is the home's age a concern?
Built in 1920, the house is older than most on its street and the city average. While older homes can have character and solid construction, buyers should budget for potential updates to systems like plumbing, electrical, insulation, and roofing. A thorough inspection is recommended, especially for a home of this vintage.

3. Why is the assessed value relatively low for the neighbourhood?
The assessed value reflects the combination of smaller living area, smaller lot, and older age compared to neighbouring properties. In Wellington Crescent, many homes are much larger and sit on expansive lots, which pushes the average assessment significantly higher. This property's value is much closer to the Winnipeg average than the local average.

4. How does the living space compare to similar homes on the street?
At 1,028 square feet, it's slightly below the street average of about 1,211 square feet, but not dramatically so. On Borebank Street, it falls near the middle of the pack. The bigger gap is with the neighbourhood average, where homes are more than double this size.

5. What type of buyer typically looks at a property like this?
Buyers who want to live in the Wellington Crescent area but can't afford a larger, more expensive home. It could also work for someone downsizing who wants to stay in the neighbourhood, or for a buyer who prioritizes location over square footage. It's less suited for families needing multiple bedrooms or large indoor/outdoor spaces.