Property score
61.4
Fair
Overall 61.4 · Smaller than most nearby homes
1,084 sqft (bottom 7%) · Built in 1931 (9 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
54% smaller than neighborhood avg.
Year Built
Near average
9 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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61.4 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
118 Borebank Street — 6 amenities found within 500 m, across 4 categories, including 2 dining (nearest 475 m), 2 parks (nearest 325 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 | Bottom 49% | Bottom 19% | Top 38% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 50% | Bottom 20% | Top 37% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
This 1931 home sits on a compact 3,956 sqft lot in the Wellington Crescent area of Winnipeg. The living space is 1,084 sqft, which is close to the average for its street and the city overall, but noticeably smaller than the typical home in its immediate neighbourhood, where the average is over 2,300 sqft. The property’s assessed value is $374,000, which falls below both the street and community averages, though it aligns closely with the citywide median.
Its main appeal lies in offering a more modest footprint in a traditionally upscale area. For buyers who want access to the Wellington Crescent corridor—known for its character homes, mature trees, and proximity to the river and parks—without paying for a large house or a big lot, this property presents a realistic entry point. It is not a standout in terms of size or land, but it avoids the premium attached to larger homes in the same postal zone.
This home would suit buyers who prioritize location over square footage, and who value the bones of an older building (1931 construction) over newer finishes. It is also a reasonable fit for someone looking for a smaller-scale property in a neighbourhood where most homes are substantially larger, potentially offering a lower maintenance footprint. The ranking data suggests it is an average or below-average performer on most metrics relative to its surroundings, which may appeal to value-conscious purchasers who are not looking for a trophy property.
1. How does this home compare to others on Borebank Street?
It is close to average in living area and assessed value, but sits on a smaller lot than most on the street. The land size ranks in the bottom 10% for the street, which means less outdoor space but also less upkeep.
2. Is the assessed value of $374,000 a fair reflection of the market?
The assessment is below the street average ($426,000) and well below the community average ($806,000), but in line with the citywide median ($390,000). This suggests the market value is likely modest relative to the immediate area, but not unusually low for Winnipeg overall.
3. What does the 1931 build year mean in practical terms?
The home is older than most on its street (average 1947) and the city (average 1966), but typical for the Wellington Crescent area (average 1940). Buyers should expect potential quirks of older construction—like plaster walls, limited insulation, or outdated systems—but also character details that newer homes lack.
4. Why is the lot so much smaller than the neighbourhood average?
The lot is 3,956 sqft compared to the community average of nearly 9,500 sqft. This is common for infill or edge properties within an established area. It means less yard and potentially less privacy, but also lower property taxes and less yard work.
5. Who typically buys a home like this?
First-time buyers looking for an affordable entry into a desirable neighbourhood, downsizers who want a smaller home in a walkable area, or investors seeking a lower-cost property in a higher-value zone. It is less suited for families needing large indoor or outdoor space.
