Property score
87.7
Excellent
Overall 87.7 · Larger than most nearby homes
3,010 sqft (top 23%) · Built in 1928 (12 yrs older than avg)
Located in a high-income area with median household income of ~254k
Transit 82.0 · 5-min walk to transit with 5 nearby routes · Within 500m: 3 dining spots, 2 parks, and 1 fuel station nearby
Living Area
Above average
28% larger than neighborhood avg.
Year Built
Near average
12 yrs older than neighborhood avg.
Mother tongue
English · 86%French · 3%
Past 10 years Wellington Crescent sales snapshot (~80% of all data)
208
707.5k
$349/sqft
1940
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87.7 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: #46110665
$254K
Median household income
$715K
Average household income
9%
Low income (LIM-AT)
0.6
Income inequality (Gini)
7.8
P90 / P10 ratio
8%
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
50 Waterloo Street — 6 amenities found within 500 m, across 3 categories, including 3 dining (nearest 330 m), 2 parks (nearest 386 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 10% | Top 19% | Top 1% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
This 1928 home on Waterloo Street offers 3,010 square feet of living space on an 11,995-square-foot lot, with an assessed value of $1.3 million. The property stands out most sharply at the citywide level: it ranks in the top 1% for both living area and assessed value across all comparable homes in Winnipeg. Its lot size is also exceptional, ranking in the top 4% citywide.
Appeal lies in the combination of scale and rarity. While the house is large, it's not the largest on its street (top 6% for living area) – meaning it fits into a neighbourhood where generous proportions are the norm rather than the exception. The assessed value ranks even higher than the square footage suggests (top 3% on the street, top 1% citywide), which may reflect location or quality premiums beyond simple size.
The year built (1928) is older than the street average (1946) and significantly older than the citywide average (1966). This is not a "newer is better" trade-off – the property ages in a neighbourhood where older homes are common (Wellington Crescent average is 1940), so the vintage is consistent with its surroundings.
This property would suit: Buyers who value established neighbourhoods with mature trees and larger lots, and who are willing to work with an older home's character and potential maintenance needs. It may appeal particularly to those who prioritize interior space and land area over modern finishes or move-in-ready condition. The price point and location suggest a buyer who is comparing within the top tier of Winnipeg real estate, not bargain-hunting.
1. How does this home compare to others on Waterloo Street?
It's among the larger and more valuable homes on the street – top 6% for living area, top 3% for assessed value, and top 7% for lot size. It's also among the oldest, built in 1928 versus a street average of 1946. So it's an established, sizeable property in a strong position relative to its immediate neighbours.
2. Is the assessed value of $1.3M realistic for the current market?
Assessed value is a municipal benchmark, not a market price. The property's ranking (top 1% citywide, top 3% on its street) indicates it's in an elite tier, but actual sale prices depend on condition, upgrades, and market timing. It's best used as a relative comparison tool, not a hard valuation.
3. What does the "Top 1%" ranking mean for resale?
It means the property competes in a very small pool of comparable homes. This can be an advantage (less competition from similar listings) or a challenge (fewer buyers able to afford or qualify at that level). Resale timelines may be longer than for mid-range homes, but the scarcity can support value retention.
4. How much work might a 1928 home need?
No specific condition data is provided here. However, homes of this era often have solid construction (old-growth lumber, plaster walls) but may need updates to electrical, plumbing, insulation, or windows. Buyers should budget for a thorough inspection and consider whether they want original character or modern efficiency – or some of both.
5. What is the neighbourhood like?
The property is on Waterloo Street, within the Wellington Crescent area. The neighbourhood average year built (1940) and large average lot size (9,488 sq ft) suggest an established, affluent area with mature landscaping. Citywide rankings for both lot size and value confirm this is not a transitional or up-and-coming area – it's already top-tier.
