142 Borebank Street

Wellington Crescent, Winnipeg

Property score

60.0

Fair

Overall 60.0 · Smaller than most nearby homes

972 sqft (bottom 5%) · Built in 1929 (11 yrs older 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: 2 dining spots, 1 school, 2 parks, and 1 fuel station nearby

Living Area

Below average

59% smaller than neighborhood avg.

Year Built

Near average

11 yrs older than neighborhood avg.

Mother tongue

English · 85%French · 2%

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

Need help understanding this property?

Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.

Usually replies in a few minutes

Property score

60.0 is composed by the two sections below.

Property Score

43.0Low
Living Area42
972 sqftLow
Year Built20
1929Low
Lot Size74
5,996 sqftGood
Neighbourhood Sales Activity53
Fair

Community Score

85.6Excellent
Household Income85
Excellent
Education Level100
Excellent
Housing Stress83
Excellent
Core Housing Need88
Excellent
Employment Health60
Fair

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: #46110378

Community deep dive

$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

Population, labour & age

Population (2021)541
Labour force participation rate68%
Median age44.0
Avg household size2.1
Unemployment rate16%
Population density2459 / km²

Households & income

Low income (LIM-AT, % pop.)7%
Single-person households32%
Couple families with children22%
Median household income (2020)$101K

Housing

Renter households19%
Condominium dwellings0%
Median dwelling value (owners)$380K

Diversity, education & language

Immigrants (share of pop.)11%
Visible minority9%
Bachelor's or higher (25–64)63%
Mother tongue (1st)English · 85%
Mother tongue (2nd)French · 1%

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

Rankings

Living Area

below average
972 sqft
0255075100
Same streetBottom 26%Same areaBottom 5%CitywideBottom 23%
Same street · Borebank Street
#298 / 404
Bottom 26% · Avg 1,211 sqft
Same area · Wellington Crescent
#522 / 548
Bottom 5% · Avg 2,343 sqft
Citywide · Winnipeg
#149,103 / 194,458
Bottom 23% · Avg 1,342 sqft

Tax-Assessed Value

around average
368k
0255075100
Same streetBottom 25%Same areaBottom 9%CitywideTop 48%
Same street · Borebank Street
#305 / 404
Bottom 25% · Avg 426.2k
Same area · Wellington Crescent
#500 / 548
Bottom 9% · Avg 805.6k
Citywide · Winnipeg
#92,574 / 194,458
Top 48% · Avg 390.1k

Year Built

around average
1929
0255075100
Same streetBottom 16%Same areaTop 42%CitywideBottom 17%

Lot Size

around average
5,996 sqft
0255075100
Same streetTop 41%Same areaBottom 46%CitywideTop 33%

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

142 Borebank Street — 7 amenities found within 500 m, across 5 categories, including 2 dining (nearest 462 m), 1 education (nearest 491 m), 2 parks (nearest 365 m).

Search radius
🍽️Dining2
🏫Education1
🌳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 12/2024CA$400k–450k
Sold price

Same street

Top 25%

Same area

Bottom 32%

City-wide

Top 24%

Related homes

Highlights & common questions: 142 Borebank Street, Winnipeg

142 Borebank Street – Property Summary

Key Characteristics & Buyer Profile

This is a 1929 home with 972 square feet of living space on a 5,996-square-foot lot, with an assessed value of $368,000. The property sits on Borebank Street, within the Wellington Crescent neighbourhood in Winnipeg.

What stands out here is the land. The lot is slightly above average for the street (top 41%) and for the city (top 33%)—a meaningful advantage in a neighbourhood where many lots are larger but also much more expensive. The house itself is modest in size, which is reflected in its below-average rankings for living area and assessed value on both the street and neighbourhood level. Citywide, the assessed value lands right around average (top 48%), suggesting the value is not in the house but in the land and location.

The appeal is likely for buyers who want to be in the Wellington Crescent area but can’t or don’t want to pay for a 2,300-square-foot home on a 9,500-square-foot lot—which is the neighbourhood average. This property offers a smaller, more manageable footprint with a generous yard, in a desirable older neighbourhood. It would suit someone looking to renovate or rebuild, or a buyer who values outdoor space and a central location over square footage indoors. It may also appeal to those who prefer pre-war construction and character, though the 1929 build is older than most on the street.


Frequently Asked Questions

1. How does the assessed value compare to other homes in the neighbourhood?
The assessed value is $368,000, which is below the neighbourhood average of $805,600 and ranks in the bottom 91% of comparable homes. However, citywide it’s right around average. The low neighbourhood ranking mostly reflects how expensive Wellington Crescent properties are, not that this home is overpriced for what it offers.

2. Is the living area unusually small for the street?
Yes. At 972 square feet, it’s below the street average of 1,211 square feet and well below the neighbourhood average of 2,343 square feet. This is part of why the property is more affordable—you’re paying for the location and lot, not for interior space.

3. What’s the advantage of the land size?
The lot is 5,996 square feet, which is larger than the typical Borebank Street lot (5,265 sq ft) and slightly above the citywide average (6,570 sq ft). In a neighbourhood where many lots are close to 10,000 square feet, this is a more modest but still generous amount of land—enough for a garden, a garage, or outdoor entertaining without the upkeep of a much larger property.

4. Is the house a good candidate for renovation or rebuilding?
That depends on your goals. The age (1929) and below-average living area suggest the home could benefit from updates or an addition, but you’d want to check zoning, condition, and any heritage restrictions. The lot size and location are the main assets here, so buyers often look at these properties with an eye to future development or major renovation.

5. How does the year built affect the property’s value or appeal?
The home was built in 1929, which is older than the citywide average (1966) and older than most homes on the street (average 1947). In a neighbourhood like Wellington Crescent, older homes are common and often well-built, but you should expect maintenance considerations typical of pre-war construction—like plaster walls, knob-and-tube wiring, or lead pipes. For buyers who appreciate character or want a project, this can be a positive.