119 Academy Road – Property Summary
Key Characteristics & Buyer Profile
This 1960-built home on Academy Road offers 2,098 square feet of living space on a 5,391-square-foot lot, with a current assessed value of $463,000. Its strongest feature is the year built: at 1960, it ranks in the top 3% on the street and top 12% in the Wellington Crescent neighbourhood, meaning it’s one of the newer homes in an area dominated by pre-war construction. The living area is above average citywide (top 9%) but roughly average for Academy Road itself—so you get more indoor space than most Winnipeg homes, without being oversized for the street. The assessed value reflects this: it’s above the city median but well below the neighbourhood average of $805,600, largely because the lot is on the smaller side for the area (bottom 13% on the street).
The appeal here is a balance of modernity and location. You’re getting a mid-century home in a prestigious area, without the premium price tag that often comes with a large lot or a grand older house. It would suit buyers who want to live in Wellington Crescent but prefer a more manageable, updated-style property—someone who values indoor square footage and a newer build over a sprawling yard. It’s also a good fit for those looking for a home that already ranks well on living space and doesn’t require the maintenance of a much older structure.
Five Possible FAQs
1. How does the assessed value compare to similar homes in the area?
The value is around average for Academy Road (top 32%) but significantly below the Wellington Crescent neighbourhood average of $805,600. This is partly due to the smaller lot size and the fact that many nearby homes are older, larger estates. Citywide, it sits above the median.
2. Is the lot size a limitation?
At 5,391 square feet, the lot is below average for Academy Road and the neighbourhood. It’s roughly average for Winnipeg overall. If you want a large yard or room for additions, this might feel tight. But for a house of this size, it’s functional and low-maintenance.
3. What makes the year built stand out?
1960 is relatively recent for this area. Most homes on Academy Road date to the 1930s or earlier. A newer build often means better insulation, updated electrical, and fewer structural surprises. It also places the home in the top 3% on the street for newness.
4. How does the living area rank against other homes?
The 2,098 square feet is above average citywide (top 9%) and about average for the street and neighbourhood. You’re getting more indoor space than most Winnipeg homes, but it’s not unusually large for Academy Road itself.
5. What type of buyer typically looks at this property?
Someone who wants the prestige of Wellington Crescent without paying for a full estate property. It appeals to professionals or families who prioritize interior space, a newer home, and a central location, and who are comfortable with a smaller lot. It’s less suited to buyers seeking a large garden or a historic character home.