71 Academy Road

Wellington Crescent, Winnipeg

Property score

66.1

Good

Overall 66.1 · 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

66.1 is composed by the two sections below.

Property Score

52.6Fair
Living Area60
1,144 sqftFair
Year Built30
1950Low
Lot Size53
4,174 sqftFair
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
253k
0255075100
Same streetBottom 6%Same areaBottom 1%CitywideBottom 18%
Same street · Academy Road
#58 / 62
Bottom 6% · Avg 440.4k
Same area · Wellington Crescent
#547 / 548
Bottom 1% · Avg 805.6k
Citywide · Winnipeg
#159,758 / 194,458
Bottom 18% · Avg 390.1k

Year Built

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

Lot Size

below average
4,174 sqft
0255075100
Same streetBottom 3%Same areaBottom 6%CitywideBottom 29%

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

71 Academy Road — 18 amenities found within 500 m, across 5 categories, including 1 dining (nearest 219 m), 5 education (nearest 135 m), 2 healthcare (nearest 405 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: 71 Academy Road, Winnipeg

71 Academy Road – Property Summary

Key Characteristics & Buyer Profile

This is a 1,144 sqft home built in 1950 on a 4,174 sqft lot.

What stands out: The property is small in both living area and land compared to others on Academy Road and in the Wellington Crescent neighbourhood. On its own street, it ranks in the bottom 13% for living area and the bottom 3% for lot size. The assessed value ($253k) reflects this—it’s well below both the street average ($440k) and the neighbourhood average ($805k). Citywide, the living area and value sit closer to average, partly because the city includes a much wider mix of housing types.

Where its appeal lies: The main draw is price relative to location. This is one of the most affordable entries into a high-end area. The home itself is not a standout in its immediate setting, but being in Wellington Crescent offers access to a desirable neighbourhood, mature trees, and established streets—at a fraction of the typical cost. The year built (1950) is newer than many nearby homes, which average around 1940, so the structure may require less foundational work than older neighbours.

Who it suits: Buyers who want the address and the area's cachet but don’t need a large house or lot. It could work for someone planning a renovation to increase living space, or for those who prioritize location over square footage. It’s less suited for families wanting a big yard or for buyers expecting the property to match the scale of neighbouring homes.


Frequently Asked Questions

  1. Why is the assessed value so much lower than the average on Academy Road?
    Most homes on this street are larger and sit on bigger lots. The assessed value tracks size and condition, so this property’s smaller footprint and land area place it near the bottom of the street. It’s not necessarily in poor condition—it’s simply smaller than what’s typical nearby.

  2. Does the ranking system mean the property is “bad” compared to others?
    No. The rankings compare this home to similar properties in three different scopes (street, neighbourhood, city). Being ranked lower on the street or in Wellington Crescent just means it’s smaller and less expensive than the majority around it. That can be an advantage if you’re looking for a lower price point in an expensive area.

  3. Is the land area likely to be an issue for future resale?
    It depends on the buyer. For someone wanting a large yard or the potential to subdivide, yes—this lot is small. But for a buyer who values low-maintenance outdoor space, it’s a plus. The land area is about 63% of the citywide average, so it’s below typical city lots, but not unusually so for older, densely built urban streets.

  4. How does the 1950 build year affect maintenance?
    It’s newer than many homes on Academy Road and in Wellington Crescent, where the average is late 1930s. That means you’re less likely to face issues with knob-and-tube wiring, old cast-iron plumbing, or frost heave in a shallow foundation. It still may have original windows, insulation, or roofing, but it’s from a period when building codes were more modern than pre-war homes.

  5. What’s the neighbourhood like for day-to-day living?
    Wellington Crescent is a well-established, upper-middle-class area with large older homes, tree-lined streets, and proximity to the Assiniboine River. It’s quiet but not isolated—downtown is about 10 minutes by car. Schools, parks, and some local shops are nearby, but you’ll likely drive for most errands. The area is more suburban in feel than central neighbourhoods, but house lots here are generally much larger than elsewhere in the city.