150 Oxford Street – Property Summary
Key Characteristics & Buyer Profile
This 1929 home offers 2,690 square feet of living space on a 10,333-square-foot lot. What stands out most is the combination of living area and land: the house ranks in the top 2% city-wide for size, while the lot ranks in the top 1% on its own street. The assessed value of $757,000 sits above average for Oxford Street but is roughly in line with the broader Wellington Crescent neighbourhood, suggesting the price reflects the land and location more than the structure itself.
The appeal lies in space that feels genuinely rare, especially on a street where lots average just over 5,600 square feet. The home is older (1929, which ranks in the bottom 17% city-wide by year built), so buyers should expect original character details but also the need for updates. This property suits someone who values generous indoor and outdoor square footage over a newer or move-in-ready home. It would work well for a buyer interested in a renovation project in a strong neighbourhood, or someone who wants a large city lot in a central area without the premium of a fully modernized house.
Five Possible FAQs
1. How does the assessed value compare to other homes on Oxford Street?
It’s well above the street average of $480,400, ranking in the top 7%. But within the wider Wellington Crescent area, it’s close to the neighbourhood average of $805,600, so the value is more about the lot than the house itself.
2. Is this a good candidate for a major renovation?
Yes, if you’re comfortable with a 1929 structure. The living area is already large, and the land is exceptional for the street. The low year-built ranking (top 83% city-wide means most homes are newer) suggests the house may need significant mechanical or structural updates, which is typical for a home of this age.
3. What’s the lot really like compared to nearby homes?
It’s the fourth-largest lot on Oxford Street (top 1%), at 10,333 square feet. That’s nearly double the street average of 5,699. Even in the neighbourhood, it’s above average, so you’re getting a noticeably bigger yard than most properties nearby.
4. How does this home compare to typical Winnipeg homes overall?
It’s exceptional. The living area ranks in the top 2% city-wide, and the lot in the top 6%. The assessed value is in the top 3%. So while it may not be the most expensive home in Wellington Crescent, it’s among the largest and best-landed properties in the city.
5. Why is the assessed value near the neighbourhood average despite the large lot?
Neighbourhood rankings consider the full Wellington Crescent area, which includes many high-value properties. The home’s age and likely condition likely hold the value back relative to newer or updated homes on comparable lots. The land itself is what pushes the property into the city-wide top 3% for value, not the house.