970 Wellington Crescent
Key Characteristics & Buyer Profile
This is a substantial 1929-built home on one of Winnipeg’s most prestigious streets, sitting on a 15,105 sqft lot with 4,618 sqft of living space. Its strongest asset is the lot—ranked in the top 2% citywide and top 11% within its already elite neighbourhood. The living area is also notably large, ranking in the top 1% citywide, though on Wellington Crescent itself it ranks 11th, meaning nearby homes are similarly generous. The assessed value of $1.11M is above average for the street and neighbourhood, but the house is older than much of the city (top 83% by age), though its construction era is typical for the area. The appeal here is twofold: the property offers rare physical scale—both indoors and outdoors—in a location where land is the primary long-term asset. It would suit buyers who value space, privacy, and a central, established address, and who are comfortable with a home that may require updating or continued maintenance given its age. It’s less suited to someone seeking turnkey modern finishes or a compact, low-maintenance property.
Five Possible FAQs
1. How does the age of the home compare to others on the street and in the city?
The house was built in 1929. On Wellington Crescent, it’s roughly average—ranked 160 out of 267 homes. Citywide, it’s older than 83% of properties, but this is typical for the area; the neighbourhood average build year is 1940. Buyers should expect the character and potential upkeep of a pre-war home.
2. Is the assessed value of $1.11M in line with similar properties?
It’s above the street average of $929k and the neighbourhood average of $805k, but still within the top 1% citywide. The assessed value reflects the large lot and living area rather than the home’s age or condition. Prospective buyers should verify if the assessment aligns with recent sale prices in the immediate area.
3. What makes the lot size significant beyond just square footage?
At 15,105 sqft, the lot is not only large but also ranks in the top 2% across Winnipeg. On a street where lots tend to be generous, this property still stands out. This could offer development flexibility, room for gardens or additions, or simply a greater buffer from neighbours—factors that matter more on a busy or semi-public thoroughfare like Wellington Crescent.
4. How does the living area compare to other homes in the city versus on this street?
The 4,618 sqft living area places the home in the top 1% citywide, but only the top 11% on Wellington Crescent. This suggests that while it’s exceptionally large compared to most Winnipeg homes, it’s not unusually large for this specific street. Buyers looking for the absolute largest interior on the block may want to explore further.
5. What does “ranked top 1%” actually mean for this property?
It means that out of nearly 200,000 comparable properties across Winnipeg, only about 1,900 have a higher assessed value, larger living area, or bigger lot—depending on the metric. For living area and assessed value, the home sits comfortably in the city’s elite tier. The lot rank (top 2%) is slightly less extreme but still exceptional. These rankings are useful for understanding rarity, but they don’t account for layout, condition, or renovation quality.