678 Wellington Crescent – Property Summary
Key Characteristics & Buyer Suitability
This is a 1951-built home with 1,667 square feet of living space on a 9,457-square-foot lot, located on one of Winnipeg’s more established streets. The property sits in a curious middle ground: it’s close to average for its street and neighbourhood in terms of size and value, but stands out sharply when viewed citywide. Its assessed value places it in the top 5% of Winnipeg homes, while its living area ranks in the top 22%—meaning you’re getting more space than most city properties, but not an unusually large home for Wellington Crescent specifically. The lot, at just under a quarter-acre, is also above average for the city but slightly smaller than others on the same street.
The appeal here is less about raw prestige and more about relative positioning. You get a home that fits comfortably within an upscale neighbourhood without being the biggest or most expensive on the block. The 1951 build date is older than the city average but newer than many neighbouring homes, which often date to the 1940s. That could mean fewer renovation surprises than a pre-war house, while still offering a classic Crescent address.
This property would suit a buyer who values location over square footage—someone who wants to be on Wellington Crescent but isn’t looking for a sprawling estate. It’s also a good fit for those who see potential in a home that’s solidly positioned within its peer group, without the premium attached to top-tier properties on the same street. First-time buyers in the luxury market, downsizers from larger homes, or investors looking for a well-located asset with room for value-add improvements might all find it worth a closer look.
Five Possible FAQs
1. How does this property compare to others on Wellington Crescent?
On its street, the home ranks near the median for living area, lot size, and assessed value. It’s not the standout, but it’s not an outlier either. The build year is slightly newer than average for the street (1951 vs. 1948).
2. Is the assessed value of $648,000 a fair market estimate?
Assessed value is a municipal figure, not a market price. On Wellington Crescent, the average assessment is $929,000, and in the neighbourhood it’s $805,000. Citywide, this property is in the top 5%. The assessment suggests a solid floor, but final sale price will depend on condition, upgrades, and buyer demand.
3. What does the lot size actually mean for outdoor space or expansion?
At 9,457 square feet, the lot is smaller than the street average (13,936 sqft) but larger than both the neighbourhood and city averages. It’s enough for a good-sized yard, garden, or potential addition—but not for a full second structure or extensive landscaping without careful planning.
4. Why is the living area “below average” for the neighbourhood but “above average” citywide?
Wellington Crescent and its surrounding area contain many larger, older homes—some well over 2,000 square feet. Citywide, the average comparable home is 1,342 square feet, so 1,667 sqft is spacious by that measure. The property is simply in a neighbourhood with bigger houses.
5. Does the 1951 build date come with any typical issues or advantages?
Homes from this era often have solid construction but may need updates to electrical, plumbing, insulation, or windows. The advantage is that 1951 is newer than many nearby homes (neighbourhood average is 1940), so structural surprises are less common than with pre-war builds. A thorough home inspection is still recommended.