69 Academy Road

Wellington Crescent, Winnipeg

Property score

65.5

Good

Overall 65.5 · Smaller but newer than most nearby homes

1,144 sqft (bottom 9%) · Built in 1950 (10 yrs newer than avg)

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

Transit 86.0 · 2-min walk to transit with 4 nearby routes · Within 500m: 1 dining spot, 5 schools, 2 healthcare facilitys, and 6 parks nearby

Living Area

Below average

51% smaller than neighborhood avg.

Year Built

Above average

10 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

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Property score

65.5 is composed by the two sections below.

Property Score

51.6Fair
Living Area60
1,144 sqftFair
Year Built30
1950Low
Lot Size46
3,861 sqftLow
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

around average
1,144 sqft
0255075100
Same streetBottom 13%Same areaBottom 9%CitywideBottom 44%
Same street · Academy Road
#54 / 62
Bottom 13% · Avg 1,864 sqft
Same area · Wellington Crescent
#500 / 548
Bottom 9% · Avg 2,343 sqft
Citywide · Winnipeg
#108,256 / 194,458
Bottom 44% · Avg 1,342 sqft

Tax-Assessed Value

below average
245k
0255075100
Same streetBottom 2%Same areaBottom 1%CitywideBottom 16%
Same street · Academy Road
#61 / 62
Bottom 2% · Avg 440.4k
Same area · Wellington Crescent
#548 / 548
Bottom 1% · Avg 805.6k
Citywide · Winnipeg
#163,299 / 194,458
Bottom 16% · Avg 390.1k

Year Built

above average
1950
0255075100
Same streetTop 37%Same areaTop 21%CitywideBottom 28%

Lot Size

below average
3,861 sqft
0255075100
Same streetBottom 2%Same areaBottom 4%CitywideBottom 24%

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

69 Academy Road — 18 amenities found within 500 m, across 5 categories, including 1 dining (nearest 211 m), 5 education (nearest 143 m), 2 healthcare (nearest 396 m).

Search radius
🍽️Dining1
🏫Education5
🏥Healthcare2
🌳Parks6
Worship4

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

Sold 4/2017CA$200k–250k
Sold price

Same street

Bottom 4%

Same area

Bottom 1%

City-wide

Bottom 18%

Related homes

Highlights & common questions: 69 Academy Road, Winnipeg

69 Academy Road – Property Summary

Key Characteristics & Buyer Profile

This 1,144-square-foot home built in 1950 sits on a notably compact 3,861-square-foot lot in the Wellington Crescent neighbourhood. Compared to others on Academy Road and within the immediate area, the property ranks low for both living area and land size. Its assessed value of $245,000 is well below the street average of $440,400 and the neighbourhood average of $805,600—placing it in the bottom tier locally. However, the home is nearly average citywide in living space and sits in a desirable postal code with older, larger homes nearby.

The main appeal here is not the house itself, but the address. Buyers would be paying for access to a prestigious pocket of Winnipeg with a relatively modest entry point. The property suits someone who values location over square footage and is willing to renovate or hold for future land value. It may also appeal to investors looking for a smaller footprint in an area where average lot sizes are more than double this one—meaning the price reflects the lot constraints, not the street name. This is not a home for someone seeking move-in-ready space or a large yard; it works best for those who see the trade-off clearly.

Frequently Asked Questions

1. Why is the assessed value so low compared to neighbours?
The assessment reflects both the smaller living area and the significantly smaller lot. On Academy Road, most homes sit on lots averaging 8,323 square feet—more than double this property's 3,861 square feet. The home itself is also smaller and older than many in the immediate area. The citywide assessment median is $390,100, so the $245,000 figure is below that as well, but not as dramatically as it appears within the Wellington Crescent context.

2. Does the “Top 87%” living area ranking mean this is a small home overall?
Not citywide. The home ranks in the top 56% for living area across Winnipeg, meaning it's around average for the city. The “Top 87%” ranking applies only to Academy Road, where homes average 1,864 square feet. The contrast highlights how much larger homes are in this specific pocket, not that the house itself is unusually small.

3. How does the 1950 build year affect maintenance or renovations?
Homes from that era typically have solid framing but may need updated electrical, plumbing, and insulation. The property is relatively young compared to the neighbourhood average of 1940, so it avoids some of the quirks of pre-war construction. Citywide, the average build year is 1966, so this home is older than typical Winnipeg stock but not unusually old for the area.

4. Is this a teardown candidate?
Possibly, but not an obvious one. The land is small by local standards, which limits what could be built without a variance. A teardown would make more sense on a lot closer to the street average. That said, if someone wanted a new home in this postal code and didn't need a large footprint, the land cost is relatively low compared to neighbouring lots. The math depends on construction costs and what the buyer is willing to spend for the location.

5. How does this property compare to others on the neighbourhood map?
The neighbourhood analysis page (linked above) shows side-by-side comparisons of year built, living area, assessed value, and lot size for nearby homes. Visually, this property will appear as one of the smaller and lower-valued homes on the street. The map is useful for understanding whether this is an outlier or part of a cluster of similar homes—helpful context before making an offer.