149 Brock Street – Property Summary

Key Characteristics & Buyer Profile

This is a 1,677-square-foot home built in 1945, sitting on a 5,238-square-foot lot in the Wellington Crescent area. Its assessed value is $526,000.

The property performs consistently well at the citywide level. It ranks in the top 22% across Winnipeg for living area, and in the top 16% for assessed value—suggesting strong relative value compared to the citywide median. On its own street, Brock Street, it sits in the top third for both living area and lot size, and top 30% for assessed value. That means it’s a solid, slightly above-average home within its immediate context.

Where it stands out less is within the Wellington Crescent neighbourhood itself. Here, it ranks around the middle of the pack for most metrics, and the neighbourhood average assessed value is significantly higher at $805,600. This tells you the immediate area includes some pricier properties, so this home sits at a more accessible price point relative to its neighbours. The year built (1945) is actually older than the citywide average (1966), but typical for both the street and the neighbourhood—so it fits the character of the area without being an outlier.

The appeal here is a home that offers good citywide value and reasonable space, in a well-regarded neighbourhood, without the premium price tag of some nearby properties. It would suit a buyer who wants to live in Wellington Crescent but is priced out of the larger or more expensive homes there. It’s also a good fit for someone who values lot size relative to the city (top 49%) and wants a postwar-era home with potential for updates or personalization, rather than a turnkey renovation.

Five Possible FAQs

1. How does this home compare to others on Brock Street specifically?
It’s above average in assessed value and land area, and around average for living space and year built. It ranks in the top third on the street for both assessed value and lot size, meaning it holds its own among immediate neighbours.

2. Is the assessed value of $526,000 realistic, or does it suggest the home needs work?
The assessment is based on comparable sales and property characteristics, not condition. It sits above the street average ($489k) but well below the neighbourhood average ($805k). That gap could reflect a smaller home or older finishes—or simply that the neighbourhood includes some very high-value properties. A buyer should verify condition in person.

3. The lot is 5,238 sqft, but the neighbourhood average is 9,488 sqft. Is that a concern?
Not necessarily. The lot is larger than the citywide average (6,570 sqft) and sits in the top third on this street. The neighbourhood average is skewed by some very large lots in Wellington Crescent. For most buyers, 5,238 sqft offers a usable yard without excessive upkeep.

4. The home was built in 1945. What does that typically mean for maintenance?
Homes from this era often have solid construction but may need updated electrical, plumbing, insulation, or windows. The year built is typical for the street and neighbourhood, so many surrounding homes share similar ages—meaning the area’s character is established, but buyers should budget for potential updates.

5. Why does the property rank better citywide than within its own neighbourhood?
Because Wellington Crescent is an above-average neighbourhood with larger homes and higher values. This property is modest by local standards but strong relative to the rest of Winnipeg, especially in living area and assessed value. It’s a good example of a home that gives you neighbourhood cachet without the top-tier price.