1034 Wellington Crescent – Property Summary

Key Characteristics & Buyer Profile

This property is a 2019-built residence on Wellington Crescent with 3,911 square feet of living space on a 14,963-square-foot lot. Its assessed value is $2.36 million.

What stands out most is how the numbers stack up across multiple scales. Within the city of Winnipeg, this home ranks in the top 1% for living area, top 1% for assessed value, and top 2% for lot size. But the more revealing comparison is within its own neighbourhood. On Wellington Crescent itself—already one of the city's premier streets—this property ranks in the top 7% for assessed value and top 4% for how recently it was built. That means it’s not just large and valuable by city standards; it’s notably newer and higher-valued even among the established homes that define this address.

The construction year of 2019 is a key differentiator. Most homes on Wellington Crescent date from the 1940s, so this property offers modern construction, systems, and layout without sacrificing the prestige of the location. The lot size sits near the average for the street but well above the neighbourhood and city averages, giving it a generous outdoor footprint relative to most comparable properties.

The appeal here is for buyers who want a top-tier Winnipeg address without taking on a heritage-era home. It suits someone who values both size and recency—perhaps a family needing substantial square footage, or someone who wants a move-in-ready property in an established area where most homes require updates. The combination of a high-assessed value and new construction also suggests efficient systems and lower immediate maintenance concerns compared to older stock on the same street.

Frequently Asked Questions

1. How does this property compare to others on Wellington Crescent specifically?

On the street itself, this home ranks 48th out of 267 for living area (top 18%), 19th out of 267 for assessed value (top 7%), and 12th out of 267 for newness (top 4%). That means it’s among the newer and more valuable homes on a street where the average build year is 1948. The lot size is near the street average, so the land component is typical for the area.

2. What does the assessed value of $2.36M tell me?

The assessed value places the home in the top 1% citywide and top 3% within the Wellington Crescent community. It’s a strong indicator of both the property’s physical characteristics and the desirability of its location. For context, the average assessed value on the street is about $929,000, so this home is roughly 2.5 times the street average.

3. Why does the build year matter so much in this neighbourhood?

Wellington Crescent is known for older, often historic homes. The average build year in the area is 1940, and many homes require significant updating. A 2019 build means modern insulation, electrical, plumbing, and likely more efficient heating and cooling. It also means the layout reflects current preferences rather than the compartmentalized floor plans common in mid-century homes.

4. Is the lot size considered large or small for this area?

Within the city, the lot is in the top 2%, so by any general standard it’s large. On Wellington Crescent itself, it ranks 87th out of 267, which is slightly above the street average of about 13,936 square feet. In the broader community, it’s well above average (top 12%). So it’s generous by most measures, but not unusually large for this specific street.

5. Who typically buys a home like this, and what should I watch for?

Buyers tend to be established professionals or families who want a prestigious address without the maintenance burden of a century home. Because the house is only a few years old, major systems should still be under warranty or in good condition. The main thing to verify is whether the finishes and layout match your preferences—newer homes sometimes use materials that look good initially but may not hold up as well as the older construction in the neighbourhood. A building inspection focused on envelope and mechanicals is still wise, even for a newer build.