Property Summary: 3-234 Wellington Crescent, Winnipeg
Section 1: Key Characteristics & Appeal
This is a modern, low-maintenance property built in 2017, offering a distinct value proposition within the established Mcmillan neighbourhood and on Wellington Crescent itself. Its primary appeal lies in its newness—it ranks in the top 1% for year built both on its street and in the broader area, meaning it offers contemporary construction and systems in a setting of much older homes. With just over 1,000 sqft of living space, it is a compact and efficient layout, smaller than the average home on Wellington Crescent but typical for the city overall.
The financial picture is noteworthy. While its assessed value is around the street average, it ranks significantly higher (top 17-22%) when compared to the Mcmillan area and the entire city, suggesting the modern build and location are recognized in its valuation. Recent sale history indicates stable value. This combination suits buyers seeking a modern, "lock-and-leave" lifestyle without the concerns of an aging property, such as first-time homeowners, downsizers, or investors looking for a relatively new asset in a mature area. It’s a practical choice for those who prioritize modern amenities and efficiency over square footage, offering a foothold on a desirable street without the premium for a larger, character home.
Section 2: Frequently Asked Questions
1. Is this a house or a condo/strata property?
The address format ("3-234") and the listing of multiple units at the same street number suggest this is likely a condominium, townhouse, or other strata-titled property. Buyers should confirm the exact ownership structure and associated fees.
2. How does the smaller living area impact value?
While the home is smaller than many on Wellington Crescent, its modern build (2017) is a major compensating factor. The data shows its assessed value holds up well against both older, larger homes on the street and comparable-sized homes citywide, indicating the market places a premium on its age and condition.
3. What does the "Elite" ranking for year built really mean?
This statistical ranking highlights that a home built in 2017 is exceptionally new for its immediate surroundings. The average build year on the street is 1977 and in Mcmillan is 1957. This suggests lower immediate costs for repairs and updates, and potentially better energy efficiency.
4. The sold prices show a range (e.g., CA$300k–350k). What is the exact price?
The exact sold prices are not publicly disclosed in Manitoba. The ranges provided are estimates based on public data. You can request the precise historical sale figures by emailing the listing service, as noted on the detail page.
5. Who might this property not suit?
It may not be ideal for buyers needing significant space or a traditional detached home with a large yard. Given the likely multi-unit structure, it may also not suit those seeking complete autonomy over exterior maintenance or major renovations, which could be governed by a condominium board or association rules.