77 Niagara Street – Property Summary

Key Characteristics & Buyer Profile

This home at 77 Niagara Street in Winnipeg offers 2,304 square feet of living space on a 5,373-square-foot lot, built in 1919 with an assessed value of $520,000.

Where the appeal lies: The property is a standout for its size. Citywide, it ranks in the top 5% for living area, and on Niagara Street itself it’s in the top 4%. That means it offers significantly more square footage than most comparable homes in Winnipeg. The assessed value is above average both on the street and citywide, which suggests the home retains good value relative to its peers. The land area is also above average for the street, though more modest when compared to the broader Wellington Crescent neighbourhood, where lots tend to be substantially larger. The year built (1919) places it among older homes in the area—street, neighbourhood, and citywide—but this is common for established Winnipeg streets and may appeal to buyers who value character and older construction.

Who it suits: This property would work well for buyers who prioritize interior space over land size. It’s a strong fit for someone wanting a large home in a central, established neighbourhood without paying a premium for an oversized lot. Families or those needing room for home offices, workshops, or flexible living areas will find the square footage compelling. Buyers comfortable with an older home—and the maintenance or renovation potential that may come with it—will see the value here. It may be less suited to someone seeking a newer, move-in-ready property or a large private yard, as the lot is only around average for the city and smaller than many nearby homes in Wellington Crescent.

Five Frequently Asked Questions

1. How does this home’s size compare to others nearby?
On Niagara Street, this is one of the larger homes, ranking in the top 4%. In the wider Wellington Crescent neighbourhood, it’s around average—the neighbourhood average is 2,343 square feet, so this home is very close to that. Citywide, it’s well above average.

2. Is the assessed value of $520,000 a good indicator of market price?
It’s a useful benchmark, but assessed value and market value aren’t always the same. On the street, the average assessed value is $476,800, so this property is above that. In the neighbourhood, the average is much higher at $805,600, partly because Wellington Crescent includes some very large, high-value properties. The citywide average is $390,100. The assessed value suggests reasonable value relative to the street and city, but market conditions, condition, and upgrades will ultimately set the price.

3. The home was built in 1919—what should I be aware of?
It’s an older home, ranking in the oldest 12–13% citywide. That means it may have original details and solid construction typical of the era, but also potential challenges like older electrical, plumbing, insulation, or foundation work. A thorough home inspection and a sense of what renovations have been done (or are needed) are essential.

4. How does the lot size compare to what’s typical for this area?
At 5,373 square feet, the lot is above average for Niagara Street, where the average is 4,870 square feet. However, in the broader Wellington Crescent neighbourhood, lots average 9,488 square feet, so this is on the smaller side for the area. Citywide, it’s about average. If you want a large yard, this may feel tight; if you prefer less outdoor maintenance, it could be a plus.

5. What does “ranked #14 out of 343 on this street” mean for living area?
It means that out of 343 comparable homes on Niagara Street, only 13 have more interior living space than this one. It’s in the top 4% for size on the street, which is an exceptional ranking. This is the most striking feature of the property—it’s genuinely large for its immediate location.