828 Wellington Crescent – Property Summary

Key Characteristics & Buyer Profile

This is a newly built home (2023) on Winnipeg’s Wellington Crescent, a street known for its concentration of high-end properties. The living area is 4,801 square feet, which places it in the top 8% on the street and the top 1% citywide. The lot is 13,983 square feet—generous by city standards (top 3%), but around average for this particular street, meaning the house itself is the standout feature rather than the land.

The assessed value of $2.95 million puts it among the top 1% of properties in Winnipeg. What’s less obvious is the consistency across multiple metrics: the property ranks elite in size, value, and newness simultaneously. That’s rarer than extreme height in any single category. The street itself also ranks highly—it’s not a situation where one new build sits among older, smaller homes. Wellington Crescent already has strong benchmarks (average living area 2,574 sqft, average assessment $929k), so this property is outperforming an already affluent baseline.

This property would suit a buyer who wants a turnkey, modern home in an established prestige neighbourhood. Someone who values efficiency of space and contemporary construction over character or renovation potential. It may also appeal to buyers who see the citywide ranking (top 1% in living area and value) as a form of scarcity that holds long-term appeal, rather than looking for street-level comparables alone.

Frequently Asked Questions

1. How does the lot size compare to other homes on Wellington Crescent?
The lot is 13,983 sqft, which is almost exactly the street average of 13,936 sqft (top 38%). The property’s strength is not the land size but the house itself. If a large yard is a priority, other lots on this street offer more.

2. Is this property overpriced relative to the neighbourhood?
The assessed value of $2.95M is significantly above the neighbourhood average of $805k and the street average of $929k. However, the home is newer and larger than most in the area. Whether it represents value depends on how much weight a buyer puts on new construction versus the surrounding context.

3. What does “top 1% citywide” actually mean in practical terms?
It means this home ranks 171st out of nearly 195,000 residential properties in Winnipeg for living area. Similar citywide rankings apply to its assessed value and year built. It’s a statistical outlier—one of the largest, newest, and most valuable homes in the city.

4. How does the age of this home compare to others on the street?
Built in 2023, it ranks 3rd out of 267 properties on Wellington Crescent (top 1%). Most homes on the street were built between 1940 and 1960. This is one of the newest homes in the area, which may appeal to buyers who prefer modern construction methods, energy efficiency, and contemporary layouts.

5. Does the “open neighbourhood map analysis” tool show detailed comparables?
Yes. That feature allows you to view this property on a map alongside nearby homes, and compare year built, living area, assessed value, and lot size in detail. It’s useful for understanding how this property fits within its immediate surroundings, not just broad rankings.