151 Ash Street – Property Summary

Key Characteristics & Buyer Profile

This is a mid-century home (built 1949) in Winnipeg’s Wellington Crescent area, offering 1,996 square feet of living space on a substantial 9,001-square-foot lot. What stands out most is the land. On Ash Street alone, this lot ranks in the top 7%—nearly 60% larger than the street average of 5,719 square feet. The living area is also notably generous compared to the citywide average for similar homes (top 11%), though it sits closer to the median within the Wellington Crescent neighbourhood itself, where larger homes are more common.

The assessed value of $599,000 reflects this mix: strong for the street (top 13%) and the city (top 8%), but roughly average for the neighbourhood, where assessments hover around $805,000. In other words, the property offers above-average size and land value without commanding the top-tier prices seen on nearby homes.

The home is older than most citywide (the average Winnipeg home was built in 1966), but it’s newer than the typical Ash Street or Wellington Crescent property. It’s not a fixer-upper from the 1910s, but it’s also not a recent build. For buyers, that means you’re likely paying for the bones and the lot, not for a fully modernized interior—something to factor into renovation planning.

Who it suits: Buyers who prioritize outdoor space and a quiet, established street over a move-in-ready, turnkey interior. It’s a strong fit for someone looking to renovate a home with good structural potential or for a family who wants a large yard in a central Winnipeg neighbourhood without paying the premium for a fully updated house on a nearby block. It’s less suited for someone seeking a low-maintenance, newer build or a property that’s already been fully modernized.

Frequently Asked Questions

1. How does the lot size compare to other homes in the area?
It’s one of the larger lots on Ash Street—top 7%—and above average citywide, though it’s slightly below the Wellington Crescent neighbourhood average of 9,488 square feet. In practical terms, you’ve got more yard than most homes on your street, but you’re not getting an oversized corner lot compared to the broader area.

2. Is the assessed value a realistic estimate of market price?
Assessed value and market price aren’t the same thing. This home’s assessment is $599,000, which is strong for the street and city but average for the neighbourhood. Market price will depend on condition, recent sales, and how much a buyer values the land. The lot alone could justify a premium, but the 1949 build likely needs updates that would be reflected in an offer.

3. What’s the condition of the house like based on the year built alone?
You can’t judge condition just from the year. A 1949 home could have been fully renovated or left largely original. The data tells you it’s older than most citywide homes but newer than many nearby. Expect that major systems (roof, electrical, plumbing, windows) may not be original but could be nearing replacement age if not already updated. A home inspection is essential here, not optional.

4. How does this property rank among homes in Wellington Crescent specifically?
On the neighbourhood level, it’s roughly average in living area (top 53%), land area (top 34%), assessed value (top 51%), and year built (top 23%). It’s not a standout within Wellington Crescent—it’s a solid middle-of-the-pack property. Its real strength is relative to Ash Street and the city as a whole, not the immediate high-end neighbourhood.

5. What should I look for when viewing this home given the age and lot size?
Beyond the usual inspection items, pay close attention to the foundation and drainage—large lots on older homes can have hidden water issues. Also check the zoning for the lot: 9,001 square feet in this area might allow for a future addition or secondary suite, but you’d need to verify that. And ask about any recent work on the roof, furnace, and windows—these are the biggest cost items in a home of this vintage.