154 Borebank Street

Wellington Crescent, Winnipeg

Property score

73.1

Good

Overall 73.1 · Smaller but newer than most nearby homes

1,456 sqft (bottom 18%) · Built in 1947 (7 yrs newer 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 dining spots, 1 school, 3 parks, and 1 fuel station nearby

Living Area

Below average

38% smaller than neighborhood avg.

Year Built

Above average

7 yrs newer than neighborhood avg.

Mother tongue

English · 85%French · 2%

Past 10 years Wellington Crescent sales snapshot (~80% of all data)

Sold Count

208

Median price

707.5k

$/sqft

$349/sqft

Avg build year

1940

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Property score

73.1 is composed by the two sections below.

Property Score

64.8Fair
Living Area75
1,456 sqftGood
Year Built30
1947Low
Lot Size74
5,996 sqftGood
Neighbourhood Sales Activity53
Fair

Community Score

85.6Excellent
Household Income85
Excellent
Education Level100
Excellent
Housing Stress83
Excellent
Core Housing Need88
Excellent
Employment Health60
Fair

Neighbourhood Sales

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110378

Community deep dive

$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

Population, labour & age

Population (2021)541
Labour force participation rate68%
Median age44.0
Avg household size2.1
Unemployment rate16%
Population density2459 / km²

Households & income

Low income (LIM-AT, % pop.)7%
Single-person households32%
Couple families with children22%
Median household income (2020)$101K

Housing

Renter households19%
Condominium dwellings0%
Median dwelling value (owners)$380K

Diversity, education & language

Immigrants (share of pop.)11%
Visible minority9%
Bachelor's or higher (25–64)63%
Mother tongue (1st)English · 85%
Mother tongue (2nd)French · 1%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

above average
1,456 sqft
0255075100
Same streetTop 19%Same areaBottom 18%CitywideTop 33%
Same street · Borebank Street
#78 / 404
Top 19% · Avg 1,211 sqft
Same area · Wellington Crescent
#448 / 548
Bottom 18% · Avg 2,343 sqft
Citywide · Winnipeg
#64,042 / 194,458
Top 33% · Avg 1,342 sqft

Tax-Assessed Value

above average
525k
0255075100
Same streetTop 11%Same areaBottom 38%CitywideTop 16%
Same street · Borebank Street
#43 / 404
Top 11% · Avg 426.2k
Same area · Wellington Crescent
#341 / 548
Bottom 38% · Avg 805.6k
Citywide · Winnipeg
#31,120 / 194,458
Top 16% · Avg 390.1k

Year Built

above average
1947
0255075100
Same streetBottom 47%Same areaTop 28%CitywideBottom 24%

Lot Size

around average
5,996 sqft
0255075100
Same streetTop 41%Same areaBottom 46%CitywideTop 33%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

154 Borebank Street — 9 amenities found within 500 m, across 5 categories, including 3 dining (nearest 458 m), 1 education (nearest 453 m), 3 parks (nearest 399 m).

Search radius
🍽️Dining3
🏫Education1
🌳Parks3
Fuel Stations1
Worship1

Crime & Safety

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%

Sales History

Sold 9/2017CA$350k–400k
Sold price

Same street

Bottom 35%

Same area

Bottom 14%

City-wide

Top 43%

Related homes

Highlights & common questions: 154 Borebank Street, Winnipeg

154 Borebank Street – Property Summary

Key Characteristics & Buyer Profile

This 1,456 sqft home, built in 1947, sits on a 5,996 sqft lot in Winnipeg’s Wellington Crescent area. Its most notable feature is the assessed value of $525,000, which ranks in the top 11% on Borebank Street and top 16% citywide—well above the street average of $426,200 and the city average of $390,100. The living area is also above average for the street (top 19%), though it falls below the Wellington Crescent neighbourhood average of 2,343 sqft. The lot size is average for both the street and city, but smaller than the neighbourhood norm of nearly 9,500 sqft.

The appeal here is value relative to location. The property offers above-average assessment and living space on its immediate street, but sits in a neighbourhood where homes are generally larger, newer, and assessed higher. That gap may appeal to buyers who want access to the Wellington Crescent area—known for its mature trees, larger lots, and proximity to the river and parks—without paying for a home that matches the neighbourhood’s full scale. It would suit someone who prioritizes a strong assessment-to-price ratio, values an established street with good rankings, and is comfortable with a house that is older (1947) and likely in need of some updating or maintenance typical of that era.

Frequently Asked Questions

1. How does this property compare to others on Borebank Street specifically?
It outperforms most homes on the street in both living area (1,456 sqft vs. 1,211 avg) and assessed value ($525k vs. $426.2k). The lot size and year built are close to the street averages, so it’s not an outlier in those respects.

2. Why is the assessed value high relative to the neighbourhood average?
The Wellington Crescent neighbourhood average ($805.6k) includes many larger, more expensive properties. This home’s value is strong for the street but sits below that neighbourhood figure, meaning it’s a relatively affordable entry point into the area.

3. Is the 1947 build a concern?
It’s typical for Borebank Street (average build year also 1947), but newer than much of Wellington Crescent (average 1940). Citywide, most comparable homes are newer (1966 avg). Expect systems like electrical, plumbing, and insulation to reflect mid-century construction, and have a home inspection focus on these.

4. How does the lot size affect use or future plans?
At 5,996 sqft, the lot is average for the street and city, but noticeably smaller than the neighbourhood average of 9,488 sqft. It offers a standard urban yard but not the expansive space many Wellington Crescent homes have. If you want a large garden or room for an addition, this lot may feel tight compared to neighbours.

5. What type of buyer typically looks at this home?
Someone who wants to live in a desirable central Winnipeg neighbourhood with good street-level rankings, but isn’t looking for a showpiece property. It suits buyers who see potential in an older home on a solid lot, with an assessed value that suggests room for equity growth if the area continues to appreciate.