740 Wellington Crescent

Wellington Crescent, Winnipeg

Property score

90.0

Excellent

Overall 90.0 · Larger and newer than most nearby homes

3,646 sqft (top 13%) · Built in 1989 (49 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: 3 schools, 3 parks, and 2 place of worships nearby

Living Area

Above average

56% larger than neighborhood avg.

Year Built

Above average

49 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

90.0 is composed by the two sections below.

Property Score

92.5Excellent
Living Area100
3,646 sqftExcellent
Year Built78
1989Good
Lot Size95
9,458 sqftExcellent
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

Elite
3,646 sqft
0255075100
Same streetTop 21%Same areaTop 13%CitywideTop 1%
Same street · Wellington Crescent
#57 / 267
Top 21% · Avg 2,574 sqft
Same area · Wellington Crescent
#69 / 548
Top 13% · Avg 2,343 sqft
Citywide · Winnipeg
#753 / 194,458
Top 1% · Avg 1,342 sqft

Tax-Assessed Value

Elite
1.39M
0255075100
Same streetTop 19%Same areaTop 11%CitywideTop 1%
Same street · Wellington Crescent
#51 / 267
Top 19% · Avg 929.1k
Same area · Wellington Crescent
#59 / 548
Top 11% · Avg 805.6k
Citywide · Winnipeg
#583 / 194,458
Top 1% · Avg 390.1k

Year Built

above average
1989
0255075100
Same streetTop 14%Same areaTop 10%CitywideTop 23%

Lot Size

above average
9,458 sqft
0255075100
Same streetBottom 45%Same areaTop 30%CitywideTop 7%

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

740 Wellington Crescent — 8 amenities found within 500 m, across 3 categories, including 3 education (nearest 148 m), 3 parks (nearest 381 m).

Search radius
🏫Education3
🌳Parks3
Worship2

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 5/2017CA$0.95M–1M
Sold price

Same street

Top 29%

Same area

Top 20%

City-wide

Top 1%

Related homes

Highlights & common questions: 740 Wellington Crescent, Winnipeg

740 Wellington Crescent

Overview & Key Characteristics

This is a 3,646-square-foot home built in 1989 on a 9,458-square-foot lot. Its size places it in the top 1% of comparable homes citywide, and its assessed value of $1.39 million also ranks in the top 1% across Winnipeg—marking it clearly as an upper-tier property. On Wellington Crescent itself, the home sits above average for both living area and assessed value, though its lot size is closer to the street's median rather than its larger estates.

Where the appeal lies: You get substantial interior space without the maintenance burden of a very large lot. The home is newer than many in the neighbourhood—built in 1989 versus typical 1940s construction along the street—which means modern building standards and likely fewer immediate renovation needs. Its citywide ranking (top 1%) indicates real scarcity relative to the broader market, not just local prestige.

This property would suit buyers who want Wellington Crescent address credibility and generous square footage, but who prefer a more manageable lot size and a home that doesn't require a full historical restoration. It's a practical choice for someone who values interior space and location over land mass or period character.


Frequently Asked Questions

How does the lot size compare to other homes on Wellington Crescent?
It's average for the street—ranked 146 out of 267. While the lot is larger than most citywide (top 7%), it's not oversized compared to neighbouring properties. If you're looking for acreage, this isn't it. But if you want a solid urban lot without excessive yard work, it fits well.

Is the assessed value significantly above what similar homes sell for?
The $1.39 million assessment ranks in the top 1% citywide, but on the street itself it's in the top 19%, meaning a handful of higher-value homes exist nearby. Assessments aren't sale prices, but this gives a reasonable sense of where it sits relative to the local market.

Why was it built in 1989 rather than earlier like most homes on the street?
That's not unusual for Wellington Crescent—some lots were redeveloped or infilled over time. Being newer means the home likely has better insulation, updated electrical, and modern layouts. It also means you're less likely to deal with knob-and-tube wiring or foundation issues common in older stock.

What does "top 1% citywide" actually mean for living area?
Only about 1,944 homes in Winnipeg have more square footage among comparable properties. In practical terms, you're getting a house that's nearly three times the size of an average city home. That translates to generous rooms, multiple living areas, and likely a layout that can accommodate both daily life and entertaining.

Is this a good option for someone who wants a low-maintenance property?
Moderately. The lot is manageable, and the 1989 construction means less deferred maintenance than a century home. But a 3,646-square-foot house still requires significant upkeep—cleaning, heating, and eventual system replacements. It's lower maintenance than a grand Victorian, but it's by no means a lock-and-leave property.