75.0
Good
Property score
75.0
Good
Overall 75.0
Smaller and older than most nearby homes
1,568 sqft (bottom 24%)
Built in 1923 (17 yrs older than avg)
Located in a high-income area
with median household income of ~150k
Transit 76.0
1-min walk to transit with 1 nearby route
Within 500m: 3 dining spots, 1 school, and 1 fuel station nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
33% smaller than neighborhood avg.
Year Built
Below average
17 yrs older than neighborhood avg.
Mother tongue
English · 88%Chinese · 2%
Past 10 years Wellington Crescent sales snapshot (~80% of all data)
208
707.5k
$349/sqft
1940
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75.0 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: #46110379
$150K
Median household income
$188K
Average household income
2%
Low income (LIM-AT)
0.3
Income inequality (Gini)
4.0
P90 / P10 ratio
14%
Single-person households
48%
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
119 Niagara Street — 5 amenities found within 500 m, across 3 categories, including 3 dining (nearest 110 m), 1 education (nearest 448 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 | Top 9% | Top 50% | Top 7% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 42% | Bottom 33% | Top 24% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
This is a 1,568 sqft home built in 1923 on a 4,300 sqft lot, located on Niagara Street in the Wellington Crescent neighbourhood of Winnipeg.
What stands out here is the value proposition. The home’s assessed value ($524,000) ranks well above the citywide average for comparable properties—landing in the top 16% citywide—yet it sits below the neighbourhood average. That gap matters. The neighbourhood average assessed value is over $805,000, meaning this property offers a relatively lower entry point into an otherwise expensive area.
The living area is around average for its street and above average for Winnipeg as a whole. The lot is smaller than typical for both the street and the neighbourhood, which is worth noting if outdoor space is a priority. The house was built in 1923, so it’s older than most homes in the city (top 86% citywide by age), which may appeal to those who appreciate character and craftsmanship, but also means potential maintenance considerations.
This property would suit a buyer who wants to be in the Wellington Crescent area—a desirable, established neighbourhood—without paying the full premium for a larger, newer, or more recently updated home. It’s also a good fit for someone comfortable with an older home who values location over lot size, or for an investor or renovator looking for a property with room to add value relative to the neighbourhood.
1. How does the assessed value compare to similar homes nearby?
The home’s assessed value of $524,000 is above average for Niagara Street (ranked top 22%) and well above the citywide average, but it sits below the Wellington Crescent neighbourhood average of roughly $805,000. This means you’re paying less than many neighbours, but the property is still valued strongly relative to the broader city.
2. Is the lot size a limitation?
At 4,300 sqft, the lot is smaller than average for both the street and the neighbourhood. In Wellington Crescent, lot sizes average around 9,488 sqft. If you’re looking for a large yard or space for additions, this may feel tight. For buyers who prioritize a smaller, lower-maintenance outdoor space, it could be a good fit.
3. What should I know about the home’s age?
Built in 1923, this is an older home—ranking in the top 86% citywide for age. Older homes can offer solid construction and character details, but they often require updates to systems (electrical, plumbing, insulation) and ongoing upkeep. A thorough home inspection is recommended.
4. How does the living area compare to other homes?
At 1,568 sqft, the living area is about average for Niagara Street and above the citywide average of 1,342 sqft. It’s notably smaller than the neighbourhood average of 2,343 sqft. So you get a reasonably sized home for the city, but it’s more compact than many nearby properties.
5. Is this a good area for resale value?
The Wellington Crescent area is well-regarded in Winnipeg, with home values generally above citywide averages. Buying at a lower assessed value than the neighbourhood norm could offer some upside over time, especially if the property is improved. That said, the smaller lot and older age may limit appreciation compared to larger, newer homes nearby.
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