156 Ash Street – Property Summary

Key Characteristics & Ideal Buyer Profile

This is a 2,101 sqft home built in 1927 on a 9,007 sqft lot, located on Ash Street in the Wellington Crescent neighbourhood. The property ranks in the top 8% citywide for living area and top 1% for assessed value, which sits at $1M. The land is generous—top 6% on the street and top 8% citywide—offering space that’s uncommon for the area without being oversized relative to the neighbourhood average.

The home’s appeal lies in its quiet strength: it’s not the newest or flashiest house on the block (year built places it in the bottom 21% on Ash Street), but it holds its ground where it matters most—size, value, and lot. Buyers who gravitate toward established, older homes with solid bones and room to breathe will find this compelling. It suits someone looking for a property that’s already well-positioned in a desirable pocket of Winnipeg, rather than a fixer-upper or a tear-down. This is a home for buyers who value square footage and land over a recent renovation or modern finishes.

Five Possible FAQs

1. How does the assessed value compare to similar homes nearby?
The $1M assessed value ranks in the top 4% on Ash Street and top 1% citywide. The street average is around $505k, and the neighbourhood average is about $806k. This property sits well above both, reflecting its size and land rather than recent upgrades.

2. Is the older construction a concern?
The home was built in 1927, which places it below average for the street (homes on Ash Street average 1944) and citywide (1966). That said, many homes in the Wellington Crescent area date from the same era. Buyers should expect maintenance typical of a nearly century-old house, but the lot size and location often offset that for those who appreciate character and established neighbourhoods.

3. How does the lot size compare?
The lot is 9,007 sqft—top 6% on the street and top 8% citywide. In the neighbourhood, it’s around average (the area average is 9,488 sqft), so you’re getting a generous lot without it being an outlier. This is a good fit for someone who wants outdoor space or room for future development without buying an oversized, hard-to-maintain property.

4. What’s the neighbourhood like?
Wellington Crescent is one of Winnipeg’s more established areas, with larger homes and mature trees. The property ranks in the top 23% for assessed value within the neighbourhood, so it’s competitive but not the most expensive house on the block. Expect a mix of older homes with varying degrees of updates.

5. Are there any drawbacks to the property’s ranking?
The year built is the weakest point—bottom 21% on the street and bottom 16% citywide. That matters less if you’re not planning immediate renovations, but it could factor into insurance or efficiency. The living area, land, and assessed value are all strong enough to offset this for most buyers, especially if you prioritize space and location over a newer build.