740 Wellington Crescent

Overview & Key Characteristics

This is a 3,646-square-foot home built in 1989 on a 9,458-square-foot lot. Its size places it in the top 1% of comparable homes citywide, and its assessed value of $1.39 million also ranks in the top 1% across Winnipeg—marking it clearly as an upper-tier property. On Wellington Crescent itself, the home sits above average for both living area and assessed value, though its lot size is closer to the street's median rather than its larger estates.

Where the appeal lies: You get substantial interior space without the maintenance burden of a very large lot. The home is newer than many in the neighbourhood—built in 1989 versus typical 1940s construction along the street—which means modern building standards and likely fewer immediate renovation needs. Its citywide ranking (top 1%) indicates real scarcity relative to the broader market, not just local prestige.

This property would suit buyers who want Wellington Crescent address credibility and generous square footage, but who prefer a more manageable lot size and a home that doesn't require a full historical restoration. It's a practical choice for someone who values interior space and location over land mass or period character.

Frequently Asked Questions

How does the lot size compare to other homes on Wellington Crescent?
It's average for the street—ranked 146 out of 267. While the lot is larger than most citywide (top 7%), it's not oversized compared to neighbouring properties. If you're looking for acreage, this isn't it. But if you want a solid urban lot without excessive yard work, it fits well.

Is the assessed value significantly above what similar homes sell for?
The $1.39 million assessment ranks in the top 1% citywide, but on the street itself it's in the top 19%, meaning a handful of higher-value homes exist nearby. Assessments aren't sale prices, but this gives a reasonable sense of where it sits relative to the local market.

Why was it built in 1989 rather than earlier like most homes on the street?
That's not unusual for Wellington Crescent—some lots were redeveloped or infilled over time. Being newer means the home likely has better insulation, updated electrical, and modern layouts. It also means you're less likely to deal with knob-and-tube wiring or foundation issues common in older stock.

What does "top 1% citywide" actually mean for living area?
Only about 1,944 homes in Winnipeg have more square footage among comparable properties. In practical terms, you're getting a house that's nearly three times the size of an average city home. That translates to generous rooms, multiple living areas, and likely a layout that can accommodate both daily life and entertaining.

Is this a good option for someone who wants a low-maintenance property?
Moderately. The lot is manageable, and the 1989 construction means less deferred maintenance than a century home. But a 3,646-square-foot house still requires significant upkeep—cleaning, heating, and eventual system replacements. It's lower maintenance than a grand Victorian, but it's by no means a lock-and-leave property.