Property score
92.0
Excellent
Overall 92.0 · Newer than most nearby homes
2,339 sqft (top 38%) · Built in 2023 (83 yrs newer than avg)
Located in a high-income area with median household income of ~150k
Transit 92.0 · 4-min walk to transit with 9 nearby routes · Within 500m: 3 dining spots, 2 parks, 1 fuel station, and 1 place of worship nearby
Living Area
Near average
0% smaller than neighborhood avg.
Year Built
Above average
83 yrs newer than neighborhood avg.
Mother tongue
English · 88%Chinese · 2%
Past 10 years Wellington Crescent sales snapshot (~80% of all data)
208
707.5k
$349/sqft
1940
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92.0 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: #46110379
$150K
Median household income
$188K
Average household income
2%
Low income (LIM-AT)
0.3
Income inequality (Gini)
4.0
P90 / P10 ratio
14%
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
41 Cordova Street — 7 amenities found within 500 m, across 4 categories, including 3 dining (nearest 377 m), 2 parks (nearest 404 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 | Bottom 21% | Bottom 12% | Top 46% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
This is a brand new home (built 2023) in the Wellington Crescent area of Winnipeg, with a living area of 2,339 square feet on a 5,128-square-foot lot. The assessed value is $1.2 million.
Its strongest features are the house itself and its location on Cordova Street. The living area ranks in the top 4% city-wide and top 4% on its street, meaning it’s significantly larger than most homes in Winnipeg and most others on this block. The year built is among the newest in the entire city (top 1% city-wide), which is notable in a neighbourhood where the average home was built around 1940. The assessed value reflects this: top 1% city-wide and top 2% on the street, well above the street average of $492,700.
The trade-off is the land. The lot is essentially average for Cordova Street (5,128 sqft vs. the street average of 5,045 sqft) and well below average for the broader Wellington Crescent neighbourhood, where typical lots are 9,488 sqft. This suggests the appeal isn’t acreage or privacy—it’s a newer, spacious home on a standard city lot in a prestigious area.
This property suits a buyer who wants a turnkey, modern home in a well-established, high-value neighbourhood, without the maintenance or renovations of an older house. It’s less suited to someone seeking a large private lot or a historic character home. The ranking data shows you’re paying a premium for the house itself, not the land beneath it—a deliberate trade-off.
1. Why is the assessed value so much higher than the street average?
The average home on Cordova Street was built in 1944. This home was built in 2023, so it’s newer, larger (2,339 sqft vs. 1,517 sqft average), and in a different condition bracket. The assessed value reflects the current replacement cost and market value of a modern house, not the historic average for the street.
2. The lot is described as “below average” for the neighbourhood—what does that mean practically?
It means Wellington Crescent has many properties with lots over 9,000 sqft, often with deep backyards or side yards. At 5,128 sqft, this lot is closer to a typical city lot size. You won’t have the sprawling grounds of some neighbours, but you also won’t have the maintenance or property taxes that come with them.
3. Is this home a tear-down or a flip?
No. It was built in 2023, so it’s a new construction. The data shows it was built on a street where most homes are nearly 80 years old. It’s likely a custom infill or replacement build, not a renovated older home.
4. How does the property rank for resale value compared to others?
It’s in the top 1% city-wide for assessed value, which is a strong indicator of market position. However, the land is average, so future appreciation will depend more on the house value holding up than on land scarcity. In a market where land values rise faster than building values, this home may appreciate more slowly than a larger lot property in the same area.
5. The neighbourhood average living area is 2,343 sqft—close to this home’s 2,339 sqft. So isn’t it average for the area?
Within Wellington Crescent, yes, it’s around average (top 38%). But within the city as a whole, and especially on its own street, it’s well above average. The neighbourhood cohort includes many very large older homes, so “average” here is still a good size. The house is not unusually large for the area, but it is unusually new.
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