1290 Wellington Crescent – Property Summary
Key Characteristics & Buyer Profile
This is a 1928-built home with 1,934 square feet of living space on a 6,512-square-foot lot. It sits on Wellington Crescent in Winnipeg, one of the city’s more established streets. What stands out here is the disconnect between the property’s citywide standing and its local context. Citywide, this home ranks in the top 12% for living area and top 7% for assessed value—meaning it’s significantly larger and more valuable than most homes in Winnipeg. But on its own street and in its immediate neighbourhood, it’s right around the middle of the pack. The assessed value of $622,000 is well below the street average of $929,100, and the land area is substantially smaller than typical for Wellington Crescent (6,512 sqft vs. a street average of 13,936 sqft).
This creates an interesting dynamic. The home offers a citywide sense of scale and prestige, but at a more accessible price point than many of its neighbours. The lot is compact by local standards, and the 1928 build date means it’s older than the citywide average, though not unusual for the area. Buyers who would suit this property are those who want to be on a high-status street but are willing to compromise on land size and accept an older home that likely needs updating. It could also appeal to someone who values central location over a sprawling yard, or who sees the assessed value gap as potential for long-term equity growth if the home is improved. It may be less suited to buyers seeking a turnkey modern home or generous outdoor space.
Frequently Asked Questions
1. How does the assessed value compare to similar homes nearby?
The assessed value of $622,000 is below the Wellington Crescent average of $929,100 and the neighbourhood average of $805,600. Citywide, it ranks in the top 7%, so it’s a high-value property by Winnipeg standards, but on this street it’s priced more moderately than many others.
2. What is the lot size, and how does it compare?
The land area is 6,512 square feet. That’s above the citywide average of 6,570 sqft (top 22%), but well below the street average of 13,936 sqft and neighbourhood average of 9,488 sqft. In context, the lot is modest for Wellington Crescent.
3. Is the home older or newer than average?
Built in 1928, this home is older than the citywide average of 1966, but comparable to many homes on Wellington Crescent (average year built: 1948) and in the neighbourhood (average: 1940). It’s not unusual for the area.
4. What does “top 12% citywide for living area” actually mean in practice?
It means this home is larger than roughly 88% of comparable homes across Winnipeg. Locally, however, it’s near the median—so you get citywide spaciousness, but not standout size within the immediate neighbourhood.
5. How can I compare this property to others nearby?
There is an interactive neighbourhood map analysis available that allows side-by-side comparisons of year built, living area, assessed value, and lot size for nearby homes. A link to open this map is provided on the property detail page.