1102 Wellington Crescent – Property Summary
Key Characteristics & Buyer Profile
This is a large, well-established property in Winnipeg’s Wellington Crescent area. The house offers 3,784 sq ft of living space on a 20,444 sq ft lot, placing it among the top 1% citywide for both size and land. Built in 1928, it’s older than the city average, but that’s consistent with the character of its neighbourhood, where many homes date from the early to mid-20th century. The assessed value sits at $1.4 million, which again ranks in the top 1% across Winnipeg.
The appeal here is twofold. First, the sheer scale: the living area is nearly three times the city average, and the lot is more than three times the typical size. Second, the location: Wellington Crescent is one of Winnipeg’s most established streets, and this home ranks in the top 20% of homes on that street for both size and assessed value. For buyers who value privacy, space, and a prestigious address, this property stands out even within an already high-end corridor.
This home would suit someone looking for a substantial family home with room to grow, or a buyer interested in a property with character from the 1920s who is prepared for the upkeep that comes with an older house. It may also appeal to those who see long-term value in owning a rare piece of land in a sought-after part of the city. Less obviously, the land-to-building ratio is generous, which could offer future flexibility—whether for an addition, a landscape-focused lifestyle, or simply the luxury of not feeling crowded by neighbours.
Frequently Asked Questions
1. How does this property compare to others on Wellington Crescent?
It ranks in the top 19% for living area and top 17% for lot size on the street itself. That means it’s already large relative to its immediate neighbours, not just the rest of the city.
2. Is the 1928 build date a concern?
It’s older than the city average, but it’s actually close to the median for both the street and the neighbourhood. Many homes in this area were built between the 1920s and 1940s, so the age is typical for the location. That said, buyers should budget for ongoing maintenance and potential updates to systems and insulation.
3. What does the assessed value of $1.4 million mean for property taxes?
Property taxes are based on the municipal assessment, so this figure gives you a reliable baseline for estimating annual tax costs. It’s worth checking the current mill rate with the city for an exact calculation.
4. How does the lot size affect usability?
At over 20,000 sq ft, the lot offers room for gardens, outdoor entertaining, or even a future addition without compromising yard space. It’s worth noting that larger lots in established neighbourhoods can also mean more upkeep—lawn care, snow removal, and landscaping.
5. What’s the advantage of ranking in the top 1% citywide?
It indicates scarcity. Among nearly 200,000 residential properties in Winnipeg, only about 2,000 have a larger lot, and fewer than 1,000 have more living space. That kind of rarity can support long-term value, but it also means the property is priced well above typical market comps, which narrows the pool of potential buyers.