149 Academy Road – Property Summary
Key Characteristics & Buyer Profile
This is a 1953 home with 2,028 square feet of living space on a 7,190-square-foot lot, currently assessed at $582,000. What stands out is how the property performs differently depending on the scale you look at.
On its own street (Academy Road), the home ranks in the top 16% for assessed value and top 11% for age—meaning it’s both newer and more valuable than most of its immediate neighbours. The living area is also above the street average, though not dramatically so. Within the broader Wellington Crescent neighbourhood, however, the picture shifts: the property sits closer to the middle of the pack, particularly in land size and assessed value. That’s because this area includes larger, more expensive estates. Citywide, the home ranks in the top 10% for living area and top 9% for assessed value—strong numbers relative to Winnipeg as a whole.
The appeal here is subtle. It’s not the biggest or most expensive house on its block, but it holds its own in a desirable street while offering more space and newer construction than most homes across the city. A buyer who values a solid, well-positioned property in an established area—without paying for the top-tier lot or square footage that would push it into the neighbourhood’s upper bracket—would find this a practical fit. It suits someone looking for a home that’s competitive on paper without being flashy, and who appreciates that the street ranking (top 16% for value) suggests good relative resale potential within Academy Road.
Five Possible FAQs
1. How does this home compare to others on Academy Road specifically?
It ranks 10th out of 62 homes for assessed value (top 16%) and 7th for year built (top 11%), meaning it’s both newer and more valuable than most. Living area is around average for the street, and land size is slightly below average.
2. Is the assessed value of $582,000 high for this neighbourhood?
Within Wellington Crescent, it’s actually around average—ranked 294 out of 548 (top 54%). The neighbourhood average assessed value is $805,600, so this home is lower than many of its neighbours. The value looks stronger when compared citywide or to Academy Road specifically.
3. What does “top 10% citywide for living area” actually mean?
It means the home’s 2,028 square feet is larger than roughly 90% of comparable homes across Winnipeg, where the average is 1,342 square feet. So relative to the city at large, this is a spacious property.
4. The land is 7,190 square feet—is that considered small?
On Academy Road, it’s slightly below the street average of 8,323 square feet (ranked 35 out of 62). In the wider Wellington Crescent area, it’s also below average (9,488 square feet). But citywide, it’s in the top 16%, so it’s generous by Winnipeg standards. It depends on whether you value a bigger lot over location.
5. Built in 1953—should I expect older-home maintenance issues?
It’s newer than most homes on Academy Road (average 1938) and in Wellington Crescent (average 1940), but older than the citywide average (1966). So it’s older than a typical Winnipeg home but on the newer side for its immediate area. A home inspection would clarify the condition of major systems.