128 Campbell Street

Here is a clean, standalone summary of the property at 128 Campbell Street, written for direct display on a webpage.

Property Overview: 128 Campbell Street

This 1,170 sqft home, built in 1924, sits on a 4,489 sqft lot in the Wellington Crescent area. Its main appeal is its relative affordability within a high-value neighbourhood. While the home and lot are smaller and older than the average for Wellington Crescent, the assessed value sits notably lower than the neighbourhood median, offering a lower entry point into an area dominated by much larger properties.

Key Characteristics & Appeal

The property is a study in contrasts. At the street level on Campbell Street, it performs around the average for both living area and assessed value. However, at the neighbourhood level (Wellington Crescent), it ranks in the bottom 10% for living area (495 out of 548) and the bottom 15% for assessed value (467 out of 548). This means you are buying into a prestigious postal code without paying for the prestige square footage. The house is also older than most city-wide averages (top 85% oldest citywide), so it likely appeals to someone who values character, original details, or is willing to invest in a renovation. The land, at 4,489 sqft, is below average for the street and significantly below the neighbourhood norm of 9,488 sqft, but still offers a private yard in a central location.

Who It Suits

This property is best suited for a buyer who prioritizes location over turnkey condition or square footage. It’s a strong fit for someone looking to get a foothold in a desirable area—perhaps a first-time buyer with renovation skills, or an investor who sees value in the land and location. It would also suit someone downsizing from a larger home in the same neighbourhood who wants to stay local without the maintenance of a grand property. It is less suited for a buyer seeking a modern, move-in-ready home with generous interior space.

Frequently Asked Questions

1. How does the assessed value compare to the neighbourhood average?
The assessed value is $410,000, which is well below the neighbourhood average of $805,600. This places the property in the bottom 15% of homes in Wellington Crescent by value, but right around the city-wide average. The lower assessment reflects the smaller living area and older age relative to its immediate neighbours.

2. What is the home’s biggest advantage?
Its biggest advantage is its price point relative to the surrounding area. You get access to the Wellington Crescent neighbourhood—known for its established trees, proximity to the river, and larger estates—at a fraction of the cost of most homes there. The property ranks in the top 36% city-wide for value, suggesting it is not overpriced for Winnipeg as a whole.

3. Is the lot size a limitation?
It depends on your expectations. At 4,489 sqft, the lot is smaller than the Campbell Street average (5,348 sqft) and significantly smaller than the Wellington Crescent average (9,488 sqft). It is, however, typical for a city-wide lot. It offers a manageable yard but is not suitable for large-scale additions or a double-car garage without careful planning.

4. What should I know about the age of the house?
Built in 1924, the home is older than most properties on its street and across Winnipeg. This suggests it likely has original construction materials and possibly historic character (e.g., plaster walls, wood trim, older mechanicals). Buyers should budget for potential updates to electrical, plumbing, insulation, and the foundation, as these are common considerations for homes of this era.

5. How does this property rank against others in Winnipeg overall?
City-wide, the home is fairly average. It ranks in the top 53% for living area and top 36% for assessed value. Its land area is slightly below the city median, and its age places it in the oldest 15% of homes in Winnipeg. In short, it is an unremarkable house by city standards but a remarkably affordable entry point into a top-tier local neighbourhood.