Property score
95.8
Excellent
Overall 95.8 · Larger and newer than most nearby homes
3,144 sqft (top 21%) · Built in 2023 (83 yrs newer than avg)
Located in a high-income area with median household income of ~254k
Transit 76.0 · 2-min walk to transit with 1 nearby route · Within 500m: 3 dining spots, 1 school, 1 fuel station, and 1 place of worship nearby
Living Area
Above average
34% larger than neighborhood avg.
Year Built
Above average
83 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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95.8 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: #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
151 Waterloo Street — 6 amenities found within 500 m, across 4 categories, including 3 dining (nearest 41 m), 1 education (nearest 411 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 | Top 3% | Top 5% | Top 1% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
151 Waterloo Street – Property Summary
Key Characteristics & Buyer Profile
This property is a 2023-built home with 3,144 sq. ft. of living area on a 6,005 sq. ft. lot, assessed at $2.02 million. Its standout features are exceptional value density and rarity. On its own street (Waterloo Street), it ranks top 1% for assessed value and top 5% for living area. City-wide, it falls in the top 1% both for living space and assessed value. The home is also extremely new—the newest house on its street (top 1%) and the second-newest in its broader Wellington Crescent neighbourhood. Land area is average for the street and city, and slightly smaller than the neighbourhood norm, which tends toward larger lots.
The appeal lies in how the property combines modern construction with an established, high-value address. Buyers get a brand-new home without sacrificing a prime inner-city location. The land-to-living-area ratio is efficient: the home uses its lot well, offering generous interior space on a modestly sized site. This makes it suited for buyers who prioritize contemporary finishes, low immediate maintenance, and strong city-wide resale positioning, but who are less focused on a sprawling yard. It would also appeal to those familiar with Wellington Crescent who want a newer build in a neighbourhood dominated by older homes.
Five Possible FAQs
How does the land size compare to similar properties in the area?
The 6,005 sq. ft. lot is close to the street average (5,833 sq. ft.) but notably smaller than the neighbourhood average (9,488 sq. ft.). City-wide, it sits in the top 31%. The trade-off is a larger, newer house relative to its lot.
Why is the assessed value so high relative to the street and city averages?
The $2.02 million assessment reflects not just the living area (3,144 sq. ft.) but also the very recent year built (2023) and the property’s location. Most homes on Waterloo Street and city-wide are much older and have lower assessments. The value is driven by a combination of size, newness, and location rarity.
Is this a teardown or a move-in ready home?
It was built in 2023, so it is essentially new. It is not a property likely to be renovated or replaced in the near term. Buyers should expect a move-in ready condition with modern systems and finishes.
How does this property rank in terms of prestige within its neighbourhood?
It ranks top 5% for assessed value in Wellington Crescent, meaning it sits among the higher-end homes in an already upscale area. However, its land area is average for the neighbourhood, so it may not suit buyers seeking a large estate lot. Prestige comes from the house itself, not the land size.
Would this property be a good investment compared to older homes in the area?
The combination of top 1% city-wide ranking for living area and assessed value, plus a very recent build, suggests strong demand and limited supply of comparable properties. Older homes in the neighbourhood may offer larger lots, but often require significant updates. This property offers a newer structure with less deferred maintenance, which can be a practical advantage for long-term holding.
