161 Academy Road

Wellington Crescent, Winnipeg

Property score

82.2

Excellent

Overall 82.2 · Newer than most nearby homes

2,028 sqft (top 50%) · Built in 1953 (13 yrs newer than avg)

Located in a high-income area with median household income of ~149k

Transit 94.0 · 2-min walk to transit with 4 nearby routes · Within 500m: 1 dining spot, 3 schools, 3 parks, and 3 place of worships nearby

Living Area

Near average

13% smaller than neighborhood avg.

Year Built

Above average

13 yrs newer than neighborhood avg.

Mother tongue

English · 79%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

Need help understanding this property?

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

Property score

82.2 is composed by the two sections below.

Property Score

79.5Good
Living Area94
2,028 sqftExcellent
Year Built36
1953Low
Lot Size88
7,192 sqftExcellent
Neighbourhood Sales Activity53
Fair

Community Score

86.3Excellent
Household Income93
Excellent
Education Level91
Excellent
Housing Stress74
Good
Core Housing Need100
Excellent
Employment Health42
Low

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: #46110662

Community deep dive

$149K

Median household income

$252K

Average household income

11%

Low income (LIM-AT)

0.5

Income inequality (Gini)

8.4

P90 / P10 ratio

18%

Single-person households

35%

Families with children

Population, labour & age

Population (2021)478
Labour force participation rate54%
Median age48.0
Avg household size2.6
Unemployment rate17%
Population density1327 / km²

Households & income

Low income (LIM-AT, % pop.)11%
Single-person households18%
Couple families with children35%
Median household income (2020)$149K

Housing

Renter households25%
Condominium dwellings8%
Median dwelling value (owners)$750K

Diversity, education & language

Immigrants (share of pop.)15%
Visible minority11%
Bachelor's or higher (25–64)54%
Mother tongue (1st)English · 78%
Mother tongue (2nd)French · 2%

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

Rankings

Living Area

above average
2,028 sqft
0255075100
Same streetTop 40%Same areaTop 50%CitywideTop 10%
Same street · Academy Road
#25 / 62
Top 40% · Avg 1,864 sqft
Same area · Wellington Crescent
#274 / 548
Top 50% · Avg 2,343 sqft
Citywide · Winnipeg
#19,843 / 194,458
Top 10% · Avg 1,342 sqft

Tax-Assessed Value

below average
275k
0255075100
Same streetBottom 11%Same areaBottom 1%CitywideBottom 23%
Same street · Academy Road
#55 / 62
Bottom 11% · Avg 440.4k
Same area · Wellington Crescent
#543 / 548
Bottom 1% · Avg 805.6k
Citywide · Winnipeg
#149,786 / 194,458
Bottom 23% · Avg 390.1k

Year Built

above average
1953
0255075100
Same streetTop 11%Same areaTop 16%CitywideBottom 31%

Lot Size

above average
7,192 sqft
0255075100
Same streetBottom 47%Same areaTop 40%CitywideTop 16%

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

161 Academy Road — 10 amenities found within 500 m, across 4 categories, including 1 dining (nearest 477 m), 3 education (nearest 138 m), 3 parks (nearest 374 m).

Search radius
🍽️Dining1
🏫Education3
🌳Parks3
Worship3

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

161 Academy Road: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.

Related homes

Highlights & common questions: 161 Academy Road, Winnipeg

161 Academy Road – Property Summary

Key Characteristics & Buyer Profile

This 1953 home on Academy Road sits on a 7,192 sqft lot with 2,028 sqft of living space and an assessed value of $275,000.

The property's main appeal is its size relative to cost. Citywide, the living area ranks in the top 10% (larger than 90% of comparable homes), yet its assessed value sits well below average—both on the street and within the upscale Wellington Crescent neighbourhood. This creates a notable gap: you get a genuinely spacious home in a prestigious area without paying the premium typical of that location. The year built (1953) also stands out on this street—ranked 7th out of 62, meaning it's one of the newer homes on Academy Road, where the average build year is 1938.

The land is a mixed picture. The lot is slightly smaller than the street and neighbourhood averages, but still ranks in the top 16% citywide—a reminder that most Winnipeg homes sit on under 6,600 sqft.

This property would suit a buyer who values interior square footage and wants access to the Wellington Crescent area, but isn't chasing prestige finishes or a premium lot. It may appeal to someone willing to invest in updates—since the low assessed value likely reflects condition or features rather than location—or a buyer who prioritises usable space over street-level curb appeal. It's less suited to someone expecting turn-key luxury or a large, landscaped yard typical of the neighbourhood.


Frequently Asked Questions

1. Why is the assessed value so low compared to others on the same street?
The home ranks near the bottom for assessed value on Academy Road (55 out of 62). This likely reflects interior condition, finishes, or a lack of recent renovations rather than the location itself, since nearby homes carry much higher values.

2. How old is this house, and has it been updated?
Built in 1953, it's one of the newer homes on a street dominated by pre-1940s houses. The assessment doesn't specify renovations, so a buyer would need to inspect for updates to the mechanicals, roof, windows, and interior finishes.

3. Is the lot size considered small for this neighbourhood?
Slightly. The lot is 7,192 sqft, compared to the neighbourhood average of 9,488 sqft. Citywide, however, it's still above average. It's a reasonable lot for most uses but won't match the larger yards found on many Wellington Crescent properties.

4. How does this property compare to the typical home in Winnipeg?
Above average in living space (top 10%) and land area (top 16%), but below average in assessed value (bottom 23%). It's essentially a larger-than-normal house in a better area, priced more like an average city home.

5. Who typically buys in this price range on Academy Road?
Buyers here often value location and square footage over cosmetic perfection. Many are looking for a solid, spacious home in a desirable area that they can update over time, rather than a move-in-ready showpiece.