Property score
83.0
Excellent
Overall 83.0 · Newer than most nearby homes
1,825 sqft (bottom 39%) · Built in 2020 (80 yrs newer than avg)
Located in a high-income area with median household income of ~101k
Transit 76.0 · 1-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
22% smaller than neighborhood avg.
Year Built
Above average
80 yrs newer 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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83.0 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: #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
137 Borebank Street — 6 amenities found within 500 m, across 3 categories, including 3 parks (nearest 317 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 2% | Top 29% | Top 2% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
This is a newly built home (2020) in Winnipeg’s Wellington Crescent area that stands out primarily for its assessed value and modern construction, rather than its land size. The assessed value of $880,000 places it in the top 1% on its street and top 2% citywide, which is striking given the street’s average assessed value is $426,200. The home is among the newest on the block—top 1% on the street, top 3% in the neighbourhood—and offers 1,825 sqft of living space, which is above average citywide (top 16%) but not oversized.
The appeal here is not sprawling grounds. The land is 3,000 sqft, which ranks in the bottom 3% on the street and neighbourhood. This property suits a buyer who values a newer, low-maintenance home in a prestigious area without the upkeep or cost of a large lot. It would work well for someone prioritizing move-in condition, modern finishes, and a strong address—perhaps a downsizer, a professional couple, or a family who wants the Wellington Crescent cachet but not the estate-sized property that typically comes with it. A less obvious angle: this home’s value is heavily tied to its newness and location, not land appreciation, which makes it a different kind of investment than older, larger homes in the same area.
Why is the assessed value so much higher than the street average?
Most homes on Borebank Street were built decades earlier (average 1947) and have lower assessed values. This 2020 build is an outlier in terms of age, condition, and modern systems, which the city’s assessment reflects.
Is the small lot a disadvantage?
That depends on your priorities. The land is 3,000 sqft, which is small by neighbourhood standards, but it means less yard work and outdoor maintenance. If you want a garden, playset, or large yard, this isn’t the right fit. If you want a newer home with minimal outdoor upkeep, it works well.
How does the living area compare to other homes in the neighbourhood?
At 1,825 sqft, the home is above average citywide but below the Wellington Crescent neighbourhood average of 2,343 sqft. It’s not a large house by local standards, but it’s not cramped either—more of a comfortable, efficient floor plan.
What does “Top 1% on the street” for year built actually mean?
It means only a couple of homes on the 404 properties on Borebank Street are newer than this one. The street’s housing stock is old, so a 2020 build is rare here. That newness is a major factor in the high assessed value.
Would this property appreciate differently than older homes nearby?
Possibly. Newer homes tend to depreciate in value initially (like a new car) before stabilizing, while older homes on larger lots may appreciate more steadily through land value. That said, being in a top-2% citywide assessed value bracket suggests strong current demand. The value here is in the house itself, not the land—so future appreciation may be more tied to the housing market and renovations than to lot size gains.
