1151 Wellington Crescent – Property Summary
Key Characteristics & Buyer Profile
This is a 1941-built home with 1,868 square feet of living space on a 14,479-square-foot lot. While its size is close to the average for properties on Wellington Crescent itself, it stands out clearly when compared to the rest of Winnipeg: it ranks in the top 15% citywide for living area and in the top 2% for lot size. The assessed value, at $967,000, places it in the top 1% of all properties in the city, though it is only slightly above average for the immediate street.
The property’s appeal lies in its combination of a large lot and a solid, older home on a prestigious street, without carrying the premium of the largest or newest houses in the area. It offers more land than most homes in the broader Wellington Crescent neighbourhood (top 13%) while the house itself is a reasonable size—not oversized, but well above the typical Winnipeg home. The age (1941) is typical for the street and slightly older than the city average, which may appeal to buyers who value established construction and mature landscaping over modern finishes.
This property would suit buyers who want a foothold on Wellington Crescent without paying for a fully renovated or expanded showpiece. It’s a good fit for someone who sees value in the land and location and is willing to update or personalize the interior over time. It may also appeal to those moving from a larger home who want to downsize in square footage without sacrificing outdoor space or neighbourhood prestige.
Five Possible FAQs
1. How does the property’s size compare to other homes on Wellington Crescent?
The living area is slightly below the street average (1,868 sqft vs. 2,574 sqft), but the lot is slightly above average (14,479 sqft vs. 13,936 sqft). On the street, it’s a middle-of-the-pack property in both respects.
2. Is the assessed value a reliable indicator of market price?
Assessed value is used for tax purposes and may not match current market value, especially in a neighbourhood where renovations and lot premiums vary widely. That said, the top-1% citywide ranking signals that this is a high-value property relative to most of Winnipeg.
3. What does the “top 2% citywide for lot size” actually mean in practical terms?
It means this lot is larger than about 190,000 other residential properties in Winnipeg. For context, the citywide average lot size is roughly 6,570 sqft, so this lot is more than double that. In the immediate neighbourhood, lots this size are less common—only about 1 in 8 properties here are on larger land.
4. Is a 1941 home considered old for this area?
It’s typical for Wellington Crescent, where the average build year is 1948. Citywide, the average is 1966, so this home is older than most in Winnipeg. Buyers should expect original construction details and factor in potential updates to systems, insulation, or layout.
5. Would this property appeal to someone looking for a move-in-ready home?
Not necessarily. The data doesn’t describe condition or renovations. Given its age and average ranking on the street, it’s more likely a solid, unrenovated or partially updated home. Buyers seeking a finished, turnkey property should verify the current state of kitchens, bathrooms, and mechanical systems.