Property score
50.6
Fair
Overall 50.6 · Smaller than most nearby homes
600 sqft (bottom 1%) · Built in 1930 (10 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: 3 parks, 2 fuel stations, and 1 place of worship nearby
Living Area
Below average
74% smaller than neighborhood avg.
Year Built
Near average
10 yrs older than neighborhood avg.
Mother tongue
English · 85%French · 2%
Past 10 years Wellington Crescent sales snapshot (~80% of all data)
208
707.5k
$349/sqft
1940
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50.6 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: #46110378
$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
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
117 Borebank Street — 6 amenities found within 500 m, across 3 categories, including 3 parks (nearest 292 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%
117 Borebank Street: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
This is a compact 600 sqft home on a generous 5,999 sqft lot in Winnipeg’s Wellington Crescent area. Built in 1930, it sits well below the street average for living area (ranked 403rd out of 404 homes on Borebank) and offers just half the neighborhood average square footage. Where it stands out is assessed value: at $485,000, it ranks in the top 16% on the street and top 22% citywide, well above the local median. The land itself is slightly larger than the street average but smaller than the neighborhood norm, which skews toward much bigger lots.
The appeal here is less about the house and more about the land and location. A 600 sqft footprint on a nearly 6,000 sqft lot suggests significant potential for expansion, redevelopment, or simply owning a sizable parcel in a well-ranked area at a value that outperforms its physical size. The property would suit a buyer who prioritizes location and land over immediate living space—someone willing to renovate, rebuild, or hold for future use. It’s less suited for anyone needing a move-in-ready home of typical size or expecting a character house that matches the neighborhood’s larger scale.
1. Why is the assessed value so high relative to the home’s size?
The assessed value likely reflects the land’s worth rather than the structure itself. In areas like Wellington Crescent, lot location and scarcity drive value more than square footage. This property’s value ranking (top 16% on the street) suggests the land is the primary asset.
2. Is the house livable as-is, or is it essentially a teardown?
That depends on condition, which isn’t detailed here. A 600 sqft house from 1930 could be fully functional but small, or it could need major updates. Given the size and age, a buyer should budget for either significant renovation or eventual replacement. The data alone doesn’t confirm livability.
3. How does this property compare to others in the Wellington Crescent area?
It’s an outlier. Most homes in the neighborhood are much larger (average 2,343 sqft living area, 9,488 sqft land) and higher assessed value ($805,600). This property offers a smaller house and lot than the area norm, but at a lower price point—making it a rare entry point into a typically expensive pocket.
4. What are the chances of rezoning or subdividing the lot?
Zoning isn’t provided here, but a 5,999 sqft lot in an established area may have limitations. Buyers should check local bylaws. Given the lot is below the neighborhood average and similar to street-level sizes, subdivision may not be straightforward. It’s worth a dedicated inquiry rather than assuming potential.
5. Why does the property rank so low for year built despite being only 10 years older than the street average?
Rankings compare newer as better. At 1930, this home is older than 82% of homes on the street (average 1947) and 82% citywide (average 1966). In context, it’s not extremely old for the neighborhood—where the average is 1940—but citywide, it’s well past median vintage, which drags its rank.
