Property score
56.8
Fair
Overall 56.8 · Smaller and older than most nearby homes
960 sqft (bottom 4%) · Built in 1923 (17 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: 3 parks, 2 fuel stations, and 1 place of worship nearby
Living Area
Below average
59% smaller than neighborhood avg.
Year Built
Below average
17 yrs older 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
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
Free · No credit card required
56.8 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
147 Borebank Street — 6 amenities found within 500 m, across 3 categories, including 3 parks (nearest 340 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 | Bottom 5% | Bottom 2% | Bottom 29% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
This is a 960-square-foot home built in 1923 on a 3,000-square-foot lot in Winnipeg’s Wellington Crescent area. Compared to nearby properties, it’s smaller in both living space and land, and it’s older than most homes on the street and across the city. Its assessed value of $350,000 sits slightly below the street average but is roughly in line with citywide medians.
The appeal here is more about entry point than standout features. In a neighbourhood where average homes are over 2,300 square feet on nearly 10,000-square-foot lots, this property offers a chance to own in a desirable area at a significantly lower price. It’s not a house that will impress with square footage or land size, but it won’t demand the premium that comes with those things either. The rankings make this clear: it’s in the bottom quartile for living area and land on its own street, but near the middle citywide for assessed value.
This property would best suit a buyer who prioritizes location and affordability over space and modern finishes. First-time buyers, downsizers looking for a smaller footprint in an established neighbourhood, or someone willing to renovate or rebuild could find value here. It’s less suited for someone expecting a turnkey home or a property that competes with its neighbours on size and condition.
1. How does the assessed value compare to similar homes nearby?
On Borebank Street, the average assessed value is about $426,000. This home is assessed at $350,000, which puts it in the lower 18% of properties on the street. Citywide, it’s close to the middle—about 54% of comparable homes are valued lower.
2. Is the small lot size a major drawback?
It depends on your plans. At 3,000 square feet, the lot is smaller than 97% of properties on this street and in the wider Wellington Crescent area. If you want a large yard or room for major additions, this probably isn’t it. But if you’re looking for a manageable property with less upkeep, the smaller lot may be a practical advantage.
3. Why is the home ranked so low in year built if it’s from 1923?
The ranking compares this home to other properties in the same scope. On Borebank Street, the average home was built in 1947, so 1923 is older than most. Citywide, the average is 1966. Being older isn’t necessarily negative—some buyers prefer character homes—but it does mean maintenance and systems may require more attention.
4. What does “Top 76%” or “Top 96%” actually mean?
These rankings show what percentage of comparable homes this property outperforms. “Top 76%” means it ranks higher than 76% of homes in that category—so it’s in the bottom 24%. “Top 96%” means it outperforms 96% of homes, placing it in the bottom 4%. The higher the percentage, the lower the property ranks relative to its peers.
5. Would this property work well as a renovation or teardown?
Possibly, but it depends on your goals. The small lot limits what you can build, and the older construction may come with unexpected costs. Renovating could make sense if you’re okay with the existing footprint and want to update interiors. A teardown to build new would likely require a very specific budget and design to make the land value worthwhile, given the neighbourhood averages. It’s worth consulting a local contractor or architect before committing.
