Property score
81.5
Excellent
Overall 81.5 · Newer than most nearby homes
1,380 sqft (bottom 43%) · Built in 2023 (27 yrs newer than avg)
Located in a high-income area with median household income of ~101k
Transit 94.0 · 2-min walk to transit with 4 nearby routes · Within 500m: 4 parks, 1 fuel station, and 1 place of worship nearby
Living Area
Near average
23% smaller than neighborhood avg.
Year Built
Above average
27 yrs newer than neighborhood avg.
Mother tongue
English · 85%French · 2%
Past 10 years Wellington Crescent sales snapshot (~80% of all data)
17
570.4k
$391/sqft
1996
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81.5 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” (Condos, 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: #46110378
$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
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
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
4-509 Academy Road — 6 amenities found within 500 m, across 3 categories, including 4 parks (nearest 302 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 38% | Top 47% | Top 2% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This modern, low-maintenance home at 4-509 Academy Road in Winnipeg’s desirable Wellington Crescent area offers a compelling blend of new construction and prime location. Built in 2023, it presents a turn-key opportunity with virtually no upkeep concerns for the near future. Its appeal lies in securing a brand-new dwelling within an established, high-ranking neighbourhood, providing immediate comfort without the typical worries of an older home.
The 1,380 sqft residence suits first-time buyers seeking a quality entry into a top-tier area, downsizers looking for modern convenience without sacrificing location, or investors attracted by the combination of new-build durability and a prestigious address. A thoughtful perspective is its value as a "lock-and-leave" property; the contemporary build likely offers better energy efficiency and modern systems, providing predictable monthly costs—an important factor beyond just the purchase price. While it has a basement, it is not renovated, presenting a clean canvas for future expansion or storage.
Frequently Asked Questions
1. What does the ranking data (e.g., Top 2% in street) actually mean?
This data compares specific metrics of this property against others on the same street, in the neighbourhood, and across Winnipeg. For example, its 2023 build year places it in the top 1% newest homes on its street, highlighting its modern status in an older, established area.
2. The assessed value is $430k, but it last sold for $55k in late 2023. Why such a large difference?
The 2023 sale likely reflects a pre-construction or bare land transaction before the home was built. The current assessed value reflects the completed property, accounting for the new structure and its value in the current market.
3. What is the significance of the "not renovated" basement?
This indicates the basement is unfinished. It provides functional space for utilities and storage but is a blank slate. Buyers should budget and plan for potential future development if they wish to add living space.
4. Who might this property not suit?
It may not suit buyers seeking a large yard, a garage, or immediate character-rich charm often found in older homes. Its appeal is modern convenience and location over traditional architectural details or extensive private outdoor space.
5. The related homes shown have a wide range of values. What does this indicate?
This shows the diversity of the area. You see everything from historic estates to more modest properties, confirming this is a mixed-street neighbourhood. This home offers a way to be in the area with a modern, middle-range property rather than a major renovation project or a premium estate.
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