97 Brock Street – Property Summary
Key Characteristics & Buyer Profile
This is a 1928 detached home with 2,126 square feet of living space on a 5,239-square-foot lot. Its assessed value is $796,000.
The property’s strongest asset is its assessed value relative to the street and the city. On Brock Street, it ranks in the top 1% for value; citywide, it sits in the top 2%. That suggests a well-maintained or improved home in a desirable pocket of the Wellington Crescent area, even though the neighborhood average ($805,600) is slightly higher. The living area also stands out—top 9% on the street and top 8% across Winnipeg—meaning this is a genuinely spacious home compared to much of the city’s housing stock.
Where the property is less remarkable: the lot size. At 5,239 square feet, it’s above average for Brock Street but well below the Wellington Crescent neighborhood average of 9,488 square feet. Buyers expecting a deep, sprawling yard in this area should temper expectations. The house itself is older than most comparables (1928 vs. a citywide median of 1966), which will appeal to those who value character and pre-war construction but may give pause to buyers seeking turnkey modern builds.
Who it suits: Buyers who prioritize interior square footage and central location over a large private yard. Also suited to someone comfortable with an older home—ideally one who appreciates the craftsmanship and details of a late-1920s build and has budget set aside for ongoing maintenance or updates. It may be less ideal for families wanting a big, flat backyard or anyone seeking a newer, low-maintenance property.
Five Frequently Asked Questions
1. How does the year built affect property value or maintenance?
The home was built in 1928, which places it among the older homes on the street (75th percentile) and well before the citywide average. While many homes from this era feature solid construction and materials, expect older systems (plumbing, electrical, insulation). Check whether major updates like roof, furnace, or windows have been done recently, as those costs can add up quickly.
2. Is the assessed value of $796,000 a fair market price?
The assessment ranks #3 on Brock Street, meaning this is one of the highest-valued homes on the street. However, within the broader Wellington Crescent neighborhood, it falls at about the 34th percentile—so it is not extraordinary for that context. Use the assessment as a starting point, but compare with recent sale prices of similar-sized homes on nearby streets, not just the assessment data.
3. How much outdoor space does this property have compared to others?
The lot is slightly above average for Brock Street (top 27%) but significantly smaller than many Wellington Crescent properties, where the average lot is nearly double the size. If you’re comparing homes within the same neighborhood, expect the land to feel moderate rather than generous.
4. What type of renovations or structural updates should I look for in a 1920s home?
Priorities: electrical system (knob-and-tube or updated?), foundation condition, window efficiency, and insulation in walls and attic. Also check the original plumbing—many 1920s homes used galvanized steel or copper that may need replacement. A home inspection is essential, ideally by someone familiar with pre-war construction.
5. How well does this home rank citywide, and what does that tell me?
Citywide, the home ranks in the top 8% for living area and the top 2% for assessed value. That means it is substantially larger and higher in value than the vast majority of Winnipeg homes—even if it feels ordinary within Wellington Crescent standards. It is a genuine standout when compared to the city as a whole.