137 Elm Street

Wellington Crescent, Winnipeg

Property score

85.8

Excellent

Overall 85.8 · Larger than most nearby homes

2,632 sqft (top 30%) · Built in 1938 (2 yrs older than avg)

Located in a high-income area with median household income of ~254k

Transit 68.0 · 2-min walk to transit with 1 nearby route · Within 500m: 3 dining spots, 2 parks, 1 fuel station, and 1 place of worship nearby

Living Area

Above average

12% larger than neighborhood avg.

Year Built

Near average

2 yrs older than neighborhood avg.

Mother tongue

English · 86%French · 3%

Past 10 years Wellington Crescent sales snapshot (~80% of all data)

Sold Count

208

Median price

707.5k

$/sqft

$349/sqft

Avg build year

1940

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Property score

85.8 is composed by the two sections below.

Property Score

78.0Good
Living Area98
2,632 sqftExcellent
Year Built22
1938Low
Lot Size81
6,003 sqftExcellent
Neighbourhood Sales Activity53
Fair

Community Score

97.4Excellent
Household Income100
Excellent
Education Level100
Excellent
Housing Stress100
Excellent
Core Housing Need100
Excellent
Employment Health76
Good

Neighbourhood Sales

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110665

Community deep dive

$254K

Median household income

$715K

Average household income

9%

Low income (LIM-AT)

0.6

Income inequality (Gini)

7.8

P90 / P10 ratio

8%

Single-person households

48%

Families with children

Population, labour & age

Population (2021)507
Labour force participation rate66%
Median age50.0
Avg household size2.9
Unemployment rate3%
Population density1334 / km²

Households & income

Low income (LIM-AT, % pop.)9%
Single-person households8%
Couple families with children48%
Median household income (2020)$254K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$900K

Diversity, education & language

Immigrants (share of pop.)17%
Visible minority6%
Bachelor's or higher (25–64)78%
Mother tongue (1st)English · 86%
Mother tongue (2nd)French · 2%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

Elite
2,632 sqft
0255075100
Same streetTop 2%Same areaTop 30%CitywideTop 2%
Same street · Elm Street
#6 / 258
Top 2% · Avg 1,723 sqft
Same area · Wellington Crescent
#163 / 548
Top 30% · Avg 2,343 sqft
Citywide · Winnipeg
#4,140 / 194,458
Top 2% · Avg 1,342 sqft

Tax-Assessed Value

Elite
886k
0255075100
Same streetTop 3%Same areaTop 29%CitywideTop 2%
Same street · Elm Street
#9 / 258
Top 3% · Avg 520.8k
Same area · Wellington Crescent
#157 / 548
Top 29% · Avg 805.6k
Citywide · Winnipeg
#3,071 / 194,458
Top 2% · Avg 390.1k

Year Built

around average
1938
0255075100
Same streetBottom 46%Same areaTop 35%CitywideBottom 19%

Lot Size

above average
6,003 sqft
0255075100
Same streetTop 17%Same areaTop 50%CitywideTop 31%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

137 Elm Street — 7 amenities found within 500 m, across 4 categories, including 3 dining (nearest 338 m), 2 parks (nearest 408 m).

Search radius
🍽️Dining3
🌳Parks2
Fuel Stations1
Worship1

Crime & Safety

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%

Sales History

Sold 9/2023CA$900k–950k
Sold price

Same street

Top 4%

Same area

Top 23%

City-wide

Top 1%

Related homes

Highlights & common questions: 137 Elm Street, Winnipeg

137 Elm Street – Property Summary

Key Characteristics & Buyer Profile

This 1938 home on Elm Street sits on a 6,003 sqft lot with 2,632 sqft of living space and an assessed value of $886,000. The property's strongest asset is its size and value positioning: it ranks in the top 2% for living area citywide and top 3% for assessed value on its own street. That means you're getting a home that is significantly larger and more valuable than most comparable properties in Winnipeg, while still being priced within a range that reflects its neighborhood, not an outlier premium.

The appeal here is less about flash and more about substance. The house is older (1938), which places it in the middle of the pack for its street and neighborhood but well below the citywide average build year of 1966. That may matter to buyers who prioritize character and solid pre-war construction, or to those who see potential in updating a home with good bones rather than paying a premium for a newer build. The land area is above average for Elm Street but only average for the Wellington Crescent neighborhood, where lots tend to be larger. So while the house itself is spacious, the yard won’t feel oversized compared to immediate neighbors.

This property would suit a buyer who values interior square footage and a strong asset in a desirable area, but who is comfortable with an older home that may require maintenance or updates. It's a good fit for someone who wants a home that stands out in size and value within its immediate street context, without needing a massive lot or brand-new finishes.


Five Possible FAQs

1. How does the assessed value compare to similar homes nearby?
The assessed value of $886,000 is well above the Elm Street average of $520,800, placing it in the top 3% on the street. It's also above the neighborhood average of $805,600. Citywide, it ranks in the top 2% of comparable homes.

2. Is the lot size competitive for the neighborhood?
Not particularly. The lot is 6,003 sqft, which is above average for Elm Street specifically, but average for the city as a whole. In the Wellington Crescent neighborhood, the average land area is 9,488 sqft, so this lot is smaller than many nearby properties.

3. What should I know about the age of the home?
Built in 1938, the home is older than most in Winnipeg (average citywide is 1966). On Elm Street and in Wellington Crescent, it's roughly in line with neighboring homes. Expect original construction features and the possibility of older systems needing attention.

4. How does the living area compare to other homes in Winnipeg?
With 2,632 sqft, the living area is well above the citywide average of 1,342 sqft and ranks in the top 2% across Winnipeg. On Elm Street, it's also elite—ranked 6th out of 258 properties.

5. What does "rank by living area, larger = better rank" mean in the data?
The rankings compare this home to others in the same category (street, neighborhood, or city) based on that specific metric. A higher rank means the home outperforms more peers. For living area and lot size, larger is ranked better. For year built, newer is ranked better. For assessed value, higher is ranked better. The bar fill shows what percentage of comparable homes you exceed.