884 Wellington Crescent

Property Summary: 884 Wellington Crescent

Key Characteristics & Ideal Buyer Profile

This property is defined by an exceptionally large lot, rather than an oversized home. The land area of 9,707 sqft places it in the top 7% citywide, offering a rare combination of generous outdoor space within a prestigious address. While the house itself is slightly smaller than the average for its immediate street, its living area (likely around 2,200 sqft based on city averages) is still well above the city norm. The assessed value sits near the middle for Wellington Crescent, suggesting the home is priced for its location and land potential rather than recent renovations or square footage.

The appeal lies in the intrinsic value of the land and the address. For the right buyer, this is an opportunity to own a piece of one of the city’s most established streets without paying a premium for a fully modernized, large home. It would suit a buyer who values the prestige and setting of Wellington Crescent but plans to invest in significant updates, an addition, or a future rebuild. It is less suited to someone seeking a turn-key, maximized living space.

Five Common Questions

1. Is the house itself small compared to others on the street?
Yes, slightly. The property’s living area is below the average for Wellington Crescent (2,574 sqft), but it remains well above the average for the broader community (2,343 sqft). The home is a solid size for a family, just not the largest on this specific block.

2. Why is the property’s assessed value relatively moderate for this street?
Assessed value reflects the county’s estimate of market value based on size, age, condition, and recent sales. Because this home’s living area is more modest than the street average, and likely has an older floor plan or fewer updates, its valuation sits in the middle of the pack. The land itself holds the long-term value.

3. How old is this home, and does that matter?
The neighborhood average build year is 1948, and this home likely falls within that same era. A 1940s or 1950s home can be very well-built but likely lacks modern electrical, plumbing, and insulation. Buyers should budget for ongoing maintenance and system upgrades.

4. What does “top 7% for land size” actually mean practically?
It means this property’s lot is significantly larger than most in Winnipeg. In a city of nearly 200,000 properties, you’re in the top tier for yard space. This provides room for gardens, play areas, an eventual addition, or even a garage separate from the main structure.

5. How does the property compare to its immediate neighbors?
It’s a middle ground property: land is above the street average, living area is below the street average, and assessed value is near the street average. It’s less of a standout among its direct neighbors than it is citywide, but it still offers better space than what’s typical in most Winnipeg neighborhoods.