146 Montrose Street – Property Summary

Key Characteristics & Buyer Fit

This 1913 home offers 2,401 square feet of living space on a 5,990-square-foot lot. The property's strongest asset is its size and value relative to the broader city. Citywide, it ranks in the top 4% for living area and top 2% for assessed value ($840,000). On its own street, it's in the top 12% for living area and top 3% for assessed value. Within the Wellington Crescent neighbourhood, however, both its size and value sit around the average—meaning this is not the largest or most expensive home in its immediate area.

The year built (1913) is older than most properties on the street, in the neighbourhood, and citywide. For buyers, this signals potential character details and quality construction typical of pre-war homes, but also possible maintenance or system upgrades ahead. The land area is roughly average for the street and city, but noticeably smaller than the neighbourhood average of 9,488 square feet. This suggests the home sits on a modest lot compared to some nearby properties, which may appeal to buyers who want a manageable yard without sacrificing interior space.

This property would suit a buyer who wants a spacious, well-valued home in an established area, values character over new construction, and is comfortable with the realities of an older house. It may be less ideal for someone seeking a move-in-ready modern build or a large lot for extensive landscaping or expansion.

Frequently Asked Questions

1. How does the home's assessed value compare to similar properties nearby?
At $840,000, the assessed value is well above the street average of $522,700 and the citywide average of $390,100. Within the Wellington Crescent neighbourhood, it's close to the median of $805,600, placing it in the top 31% locally.

2. What should I consider about a home built in 1913?
Older homes often have solid framing, high ceilings, and unique details. But you may want to check the condition of the electrical, plumbing, roof, windows, and insulation. Renovations from different eras can vary in quality, so a thorough inspection is recommended—especially for systems that may not have been updated recently.

3. How does the lot size at 5,990 square feet compare to others in the area?
It's in line with the street average (5,723 sqft) and the citywide average (6,570 sqft), but significantly smaller than the neighbourhood average of 9,488 sqft. If you're looking for a compact, low-maintenance yard rather than a large property, this lot may be a good fit.

4. What do the rank percentages actually mean?
They show how this property compares to similar homes in three scopes: street, neighbourhood, and citywide. For example, top 4% citywide for living area means this home is larger than 96% of comparable homes across Winnipeg. The rankings are based on a standard set of comparables used in the analysis.

5. Is this home considered a good value for its size and location?
The assessed value is strong relative to the city and street, and the living area is well above average in both those categories. In the immediate neighbourhood, however, both size and value are more typical. The value proposition is strongest for buyers looking citywide, and less distinctive within the immediate Wellington Crescent area.