1215 Wellington Crescent – Property Summary
Key Characteristics & Buyer Profile
This 1928 home sits on an 18,694 sqft lot in Winnipeg’s Wellington Crescent area, with 2,649 sqft of living space and an assessed value of $814,000. The property ranks in the top 2% citywide for both lot size and living area, but sits closer to the middle of the pack on its own street—meaning you’re getting a home that is genuinely spacious and generously proportioned by city standards, without being oversized relative to its immediate neighbours.
The appeal here is partly about scale. The lot (top 2% citywide, top 8% in the neighbourhood) offers room that is increasingly rare in established central areas. The home itself is nearly a century old, which places it below average in age citywide but roughly average for Wellington Crescent, where older homes are the norm. That suggests a property with character, mature landscaping, and likely solid bones—but also potential for updating.
This property would suit a buyer who values land and space over move-in-ready modernity. It’s a strong fit for someone willing to invest in a renovation or restoration, particularly if they want a home with original details in a prestigious street context. It may be less ideal for buyers seeking a low-maintenance, turnkey property or a newer build.
Five Frequently Asked Questions
1. How does the assessed value compare to similar homes on the street?
The assessed value of $814,000 is around average for Wellington Crescent, ranking 108th out of 267 homes (top 40%). The street average is $929,000, so this property is slightly below the median for the area, which may reflect its age or condition relative to neighbours.
2. Is the lot size unusual for this neighbourhood?
Yes. At 18,694 sqft, the lot is well above both the street average (13,936 sqft) and the neighbourhood average (9,488 sqft). It ranks in the top 8% locally and top 2% citywide, making it a standout feature of the property.
3. What does the year built (1928) mean in practical terms?
Homes from this era typically have solid construction, high ceilings, and period detailing. However, they often need updated electrical, plumbing, insulation, and windows. On Wellington Crescent, this is a common situation—the street average build year is 1948, so 1928 is older but not unusual for the area.
4. How does the living space compare to other homes in Winnipeg?
With 2,649 sqft, the home is in the top 2% citywide, far above the city average of 1,342 sqft. On its own street, it’s closer to average (2,574 sqft), so it won’t feel oversized relative to neighbours but offers plenty of room compared to most Winnipeg homes.
5. Who typically buys homes like this on Wellington Crescent?
Buyers are often professionals or families who value location, land, and architectural character. Many are looking for a project home or a long-term property where they can gradually update. The street attracts people who prefer established, tree-lined neighbourhoods over new subdivisions, and who see value in older construction and larger lots.