Property score
83.7
Excellent
Overall 83.7 · Newer than most nearby homes
1,744 sqft (bottom 34%) · Built in 1948 (8 yrs newer than avg)
Located in a high-income area with median household income of ~254k
Transit 76.0 · 1-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
Below average
26% smaller than neighborhood avg.
Year Built
Above average
8 yrs newer than neighborhood avg.
Mother tongue
English · 86%French · 3%
Past 10 years Wellington Crescent sales snapshot (~80% of all data)
208
707.5k
$349/sqft
1940
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83.7 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: #46110665
$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
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
142 Oak Street — 7 amenities found within 500 m, across 4 categories, including 3 dining (nearest 288 m), 2 parks (nearest 457 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%
142 Oak Street: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
This is a 1948-built home with 1,744 sqft of living space on a 9,007 sqft lot, located in the Wellington Crescent area of Winnipeg. Its strongest asset is the land—the lot is in the top 5% for the street and top 8% citywide for size. The assessed value of $951k places it in the top 1% of properties in the city, reflecting a combination of location, land value, and the home’s own standing. While the living area is close to average for the street and neighbourhood, it sits well above the citywide average for comparable homes. The home is older than the typical Winnipeg property (the citywide median build year is 1966), but within the neighbourhood it’s actually newer than the average (1940).
The appeal lies in the land-to-value ratio. You’re paying for a large, well-located lot in a desirable neighbourhood, not for a maximally renovated or expanded house. This makes it a strong candidate for someone who values outdoor space, privacy, or potential future development—but who doesn’t need a sprawling interior right now. It would suit a buyer who sees long-term value in a prime lot and is comfortable with an older home that may need updates, or someone who wants to be in Wellington Crescent without the premium for a newly built or fully modernized house. It’s less suited for someone seeking a move-in-ready, turnkey property with top-tier interior finishes.
1. How does the assessed value compare to similar homes in the area?
The $951k assessment is well above the street average of $548k and the neighbourhood average of $805k. It ranks in the top 1% citywide, which means this property is among the most valuable in Winnipeg by assessed value—driven primarily by the lot size and location.
2. Is this a good property for future redevelopment?
It could be, but with caveats. The lot is large for the street (top 5%) but only average within the neighbourhood, where many lots exceed 9,000 sqft. The home itself is mid-century, so any redevelopment or major addition would need to account for zoning and neighbourhood character. It’s worth consulting a local planner or architect.
3. Why is the living area only “average” for the street but “above average” citywide?
The street and neighbourhood have several larger homes, but citywide, 1,744 sqft is a comfortable size. Many comparable homes in Winnipeg are smaller, especially in older or denser areas. So the home is modest for its immediate context but generous relative to the city as a whole.
4. How much work does a 1948 home typically need?
Buildings from that era can have solid bones but often require updates to insulation, wiring, plumbing, and windows. The home is newer than the neighbourhood average (1940) but older than the city average (1966). A thorough inspection is recommended, particularly for systems and the foundation.
5. What’s the neighbourhood like in terms of market demand?
Wellington Crescent is one of Winnipeg’s more established and sought-after areas. The property’s ranking in the top 1% citywide for value, combined with a top-8% lot, indicates strong demand. However, the home itself is not newly built, so it may attract a narrower buyer pool—those who value land and location over a turnkey finish.
