Property score
83.4
Excellent
Overall 83.4 · Older than most nearby homes
2,040 sqft (top 49%) · Built in 1919 (21 yrs older than avg)
Located in a high-income area with median household income of ~150k
Transit 92.0 · 5-min walk to transit with 9 nearby routes · Within 500m: 3 dining spots, 3 parks, 1 fuel station, and 1 place of worship nearby
Living Area
Near average
13% smaller than neighborhood avg.
Year Built
Below average
21 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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83.4 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: #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
1242 Wellington Crescent — 8 amenities found within 500 m, across 4 categories, including 3 dining (nearest 415 m), 3 parks (nearest 332 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 39% | Bottom 44% | Top 14% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 36% | Bottom 37% | Top 19% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
This is a 1919-built home on Wellington Crescent with 2,040 sq. ft. of living space and a 7,970 sq. ft. lot. Its standout feature is size relative to the city as a whole: the living area ranks in the top 10% citywide, and the lot is in the top 11%. Within its own street and neighbourhood, however, both figures sit close to the average—meaning the property offers above-average space for Winnipeg without being oversized for its immediate surroundings. The assessed value (for tax purposes) is $570,000, which again is high citywide (top 10%) but below the averages for Wellington Crescent and the broader Wellington neighbourhood.
The house is older than most in every comparison—86th percentile on the street, 87th in the area, 88th citywide. That’s not unusual for this part of town, but it does mean a buyer should expect an older structure with the character and potential maintenance that comes with it.
Where the appeal lies: The property gives you a foothold on a prestigious street without commanding the premium price of its larger neighbours. You get generous space and land by city standards, in a location where land values are high, but the entry point is more moderate. It’s a solid middle-ground option on one of Winnipeg’s best-known residential streets.
Who it suits: Buyers who want to be on Wellington Crescent but aren’t looking for a showpiece estate. It works for someone who values location and square footage over a newer build, and who is comfortable with a home that may need updates or ongoing upkeep. It could also suit an investor or renovator who sees potential in a well-sited older home below the neighbourhood’s typical price point.
1. How does the property compare to others on Wellington Crescent?
It’s close to the street average for living area and lot size, but significantly below average in assessed value. That means it’s not one of the larger or more expensive homes on the Crescent—it’s a more modest option in a high-end corridor.
2. Is the 1919 build a concern?
Not necessarily, but it’s worth knowing that this house is older than roughly 85% of homes on the same street and nearly 90% citywide. Older construction often means solid materials and character details, but also potential issues with plumbing, electrical, insulation, and foundation. A thorough inspection is strongly recommended.
3. What does “assessed value” actually mean here?
The $570,000 figure is the city’s valuation for property tax purposes, not a market price. It suggests the city considers this property less valuable than most others on Wellington Crescent, which could translate to relatively lower property taxes. It doesn’t set a ceiling on resale value—market conditions and renovations can shift that significantly.
4. How does the lot size affect usability?
At just under 8,000 sq. ft., the lot is generous for Winnipeg but on the smaller side for Wellington Crescent. It offers room for a decent backyard, garden, or expansion, but it won’t have the sweeping grounds some neighbouring properties have. It’s practical, not palatial.
5. Is this a good investment property?
Possibly, if you’re buying for location and long-term appreciation. The property sits on a desirable street at a below-average price point for the area, which could offer upside if renovated or held over time. But the older structure and need for updates should be factored into any return calculations. It’s not a turnkey rental.
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