137 Campbell Street – Property Summary
Key Characteristics & Buyer Profile
This 1919 home on Campbell Street offers 1,428 square feet of living space on a 4,497-square-foot lot. Its assessed value is $371,000.
The property’s main appeal lies in its living area. At 1,428 sqft, it ranks in the top 30% on its street and the top 34% citywide—both above the local and city averages. For a home built in 1919, that amount of usable space is notable. The land and assessed value, however, are both below the street and neighbourhood averages, which reflects the property’s location within the affluent Wellington Crescent area. On that street, the average home is valued at $436,900 and sits on a 5,348-sqft lot. This home is more modest in both respects, yet its citywide rankings are roughly average.
This property would suit a buyer who values interior space over a large yard, and who is comfortable with an older home that needs updating or has already been maintained accordingly. It’s a practical fit for someone who wants a solidly sized home in an established Winnipeg neighbourhood without paying a premium for a big lot or a fully renovated property. It’s less suited to buyers seeking a turnkey, high-end finish or a large outdoor area.
Five Possible FAQs
1. How does the assessed value compare to similar homes nearby?
The assessed value of $371,000 is below the street average of $436,900 and well below the Wellington Crescent neighbourhood average of $805,600. Citywide, it’s close to the median for comparable homes, which is $390,100.
2. The home was built in 1919. What does that mean for maintenance?
It’s an older house—ranking in the oldest 12% citywide. That often means systems (electrical, plumbing, foundation) may be original or have been updated at different times. A home inspection is strongly recommended. Buyers should budget for potential upgrades that are common in pre-war homes, such as insulation or window replacement.
3. Is the living area unusually large for a home this age?
Yes, somewhat. The 1,428 sqft is above the street average (1,299 sqft) and the citywide average (1,342 sqft). For a 1919 home, this is a generous interior footprint. It’s not a massive house, but it offers more room than many of its era.
4. Why is the lot size considered small for the neighbourhood?
At 4,497 sqft, the lot is smaller than both the street average (5,348 sqft) and the neighbourhood average (9,488 sqft). The Wellington Crescent area is known for larger, estate-sized lots. This property is an outlier in that regard, which partly explains its lower land value relative to neighbours.
5. How does this property compare to the citywide median?
Citywide, the property is around average in living area (top 34%), a little below average in assessed value (top 47%), and near average in land area (top 66%). The main outlier is its age: built in 1919, it’s older than the city median of 1966. So you’re getting average space and value for Winnipeg, but in an older home than most.