756 Wellington Crescent – Property Summary

Section 1: Key Characteristics, Appeal, and Ideal Buyer

This is a 2,402 sqft home built in 1949 on a 14,046 sqft lot in Winnipeg’s Wellington Crescent area. Its standout feature is land size. Within the city, the lot ranks in the top 2%—the average city lot is less than half the size. The home itself also ranks in the top 4% citywide for living space, with the typical Winnipeg home measuring about 1,342 sqft. On its own street, the home is close to average for both size and age, meaning it fits comfortably within the character of the neighbourhood rather than standing out in a stark way.

The appeal lies in the balance between scale and setting. The land is generous enough for gardens, expansion, or privacy, yet the home is not oversized relative to its neighbours. This can be a practical advantage: the property feels substantial without being out of place. The assessed value sits near the middle of the street and neighbourhood, suggesting the pricing is grounded in local norms rather than inflated by rarity.

This property would suit a buyer looking for space—inside and out—within an established, prestigious street. It may be a good fit for someone who values a large private lot in a central neighbourhood, or who sees potential to update a well-located mid-century home. It is less suited for someone wanting a newer, move-in‑ready property or a home that is exceptional within its immediate area.

Section 2: Five Possible FAQs

1. How does the lot size compare to other homes in the neighbourhood?
The lot is larger than 86% of homes in the broader Wellington Crescent area and ranks in the top 2% citywide. On its own street, it is just slightly above average.

2. Is the home older or newer than others nearby?
The home was built in 1949, which is about average for the street (where the average is 1948) and newer than the wider neighbourhood average of 1940. Citywide, Winnipeg’s average home is newer (1966), so the property is older than most city homes.

3. How does the assessed value compare to other homes in the area?
The assessed value of $600,000 is below both the street average ($929,000) and the neighbourhood average ($806,000). It ranks in the top 8% citywide, which reflects the overall higher values in Wellington Crescent compared to the rest of Winnipeg.

4. What does “接近平均” mean in these rankings?
In this context, “接近平均” means the property is close to the typical value for that category within that area—not significantly above or below. For example, on this street, the home’s size and age fall well within the normal range of what you would expect.

5. Is this property considered a good value relative to similar homes?
Assessed value and market price are not the same, but the assessment suggests this home is priced modestly for its street and neighbourhood. The combination of above‑average lot and living space citywide, with a below‑average local assessment, may indicate good value—especially for someone who prioritises land and space over a newer build or a higher‑end finish.