109 Campbell Street

Property Overview: 109 Campbell Street

Key Characteristics & Buyer Profile

This is a 1,614 sqft home built in 1923, sitting on a 5,994 sqft lot. Its strongest feature is the assessed value: $543,000. On Campbell Street, that ranks in the top 14%, and citywide it's in the top 14% as well. The living area is also above average both on the street (top 19%) and across Winnipeg (top 25%).

The appeal lies in the combination of a relatively large interior for its price point, within a neighborhood (Wellington Crescent) where the average home is both much larger (2,343 sqft) and more expensive ($805,600 assessed). You’re getting a house that is smaller and older than its immediate neighbours, but that also means it’s one of the more affordable options in a desirable area. The lot size is roughly average for the street and city, but smaller than the neighbourhood norm—so you’re not paying for extra land you don’t need.

This property would suit a buyer who values being in a well-regarded Winnipeg neighbourhood but doesn’t need—or want to pay for—a massive, newer home. It’s a good fit for someone who sees the age (1923) as character rather than a drawback, and who is comfortable with a home that is older than most on the street (top 90% oldest) and in the neighbourhood. It could also work for an investor looking for a property with a below-average price relative to the surrounding area, or a homeowner willing to renovate and add value in a location where prices are generally higher.

Frequently Asked Questions

1. How does the assessed value compare to similar homes nearby?
The $543,000 assessment is above average for Campbell Street (avg. $436,900) but well below the Wellington Crescent neighbourhood average of $805,600. Citywide, it’s in the top 14% of comparable homes.

2. Is the house considered small or large for its area?
It’s a mixed picture. The 1,614 sqft is above average for Campbell Street (1,299 sqft) and for the city (1,342 sqft). However, it’s significantly smaller than the typical home in the wider Wellington Crescent area, where the average is 2,343 sqft. So it’s large for its immediate street but compact for its neighbourhood.

3. How old is the property, and is that a concern?
The house was built in 1923, which makes it older than most on Campbell Street (avg. 1945), the neighbourhood (avg. 1940), and the city (avg. 1966). It ranks in the top 86% oldest citywide. Age can mean solid construction and character, but buyers should budget for potential updates to systems, insulation, and windows.

4. What is the lot size, and how does it compare?
The lot is 5,994 sqft. That’s roughly average for Campbell Street (5,348 sqft) and slightly below average for the city (6,570 sqft). In the Wellington Crescent area, lots are typically much larger (9,488 sqft), so this property offers a more modest yard relative to its neighbours.

5. How does this property rank in terms of overall value?
Relative to its street and the city, it offers above-average living space and assessed value for its age. But relative to the broader Wellington Crescent neighbourhood, it’s a smaller, older, and more affordable home. It’s a classic “good house in a great area” situation—the value is more about location and entry price than the house itself.