Wellington Crescent, Winnipeg - August 2026 Real Estate Report

Wellington Crescent Real Estate Update: Still One of Winnipeg's Most Expensive Streets - But the Market Is Shifting

If you own a home on Wellington Crescent, you already know this neighbourhood punches above its weight. But right now, there are some numbers worth paying attention to - whether you are thinking about selling, renting, or just keeping tabs on your biggest asset.

The Vibe: What Is Actually Happening Out There

Houses

We are in a market that is moving fast but pricing carefully. Houses here are selling in an average of just 8 days - that is a days-on-market rank of 8 out of 71 neighbourhoods in Winnipeg. That means we are near the top of the "sells fast" leaderboard. Buyers are not sleeping on Wellington Crescent.

• Average sale price: $731,000
• Current average listing price: $424,900
• Price per square foot: $363
• Sale-to-list ratio: 99.98% - buyers are paying almost exactly what sellers are asking
• Transactions in 2026: 12
• Average days on market: 8

The predicted market value for houses sits at $919,426, which is up from the 3-month moving average of $911,502. Values have moved 1.69% recently, landing us at rank 95 out of 193 neighbourhoods for growth - solidly above average on Winnipeg's neighbourhood leaderboard. And for anyone thinking about income potential, the estimated rent of $3,814 per month translates to a rental yield of 5.02%. That is a strong return by any measure.

Condos

Our condo market is a different story - and an interesting one. Condos here are selling in just 4 days on average, ranking 5th out of 51 Winnipeg neighbourhoods for speed. That is elite territory. Buyers who want a condo on Wellington Crescent are not waiting around.

• Average sale price: $499,200
• Current average listing price: $499,900
• Price per square foot: $317
• Sale-to-list ratio: 99.86% - essentially full asking price
• Average days on market: 4

The predicted market value for condos is $515,618, up from the 3-month moving average of $511,593. Growth ranks 41 out of 175 neighbourhoods - again, above average. Rental yield comes in at 3.80% with an estimated rent of $2,547 per month. Moderate, but steady. Price rank is 11 out of 123 Winnipeg neighbourhoods - meaning Wellington Crescent condos are among the priciest in the city.

The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Tax Assessment Right Now

Here is the thing about your city assessment - it is a snapshot from the past. The city looks at sale data from a fixed valuation date, runs its numbers, and mails you a piece of paper. By the time it lands in your mailbox, the market has already moved on.

The HonestDoor Price is updated in real time. For houses on Wellington Crescent, that number is sitting at $917,387 right now. For condos, it is $503,241. These are not government estimates built on old data. They are live calculations that reflect what buyers are actually doing in the market today.

If you are relying on your tax assessment to understand what your home is worth, you could be off by a meaningful amount - in either direction. The HonestDoor Price is the real-world check. Use it.

The "So What?" - Thinking About Selling This Summer?

Here is the straight talk for anyone weighing a summer sale on Wellington Crescent.

On the house side, the market is technically a buyers' market based on the sale-to-list ratio, but 8-day average sell times tell a different story. Serious buyers are active. If your home is priced right, it will not sit. The gap between the average listing price of $424,900 and the average sale price of $731,000 suggests there is a wide range of product out there - knowing exactly where your home fits in that range is critical before you list.

On the condo side, selling in 4 days at 99.86% of list price is about as clean as it gets. If you have been on the fence, the demand is clearly there right now.

For both property types, the HonestDoor Price gives you a starting point that is grounded in current data - not last year's assessment. Before you call an agent or set a list price, check your HonestDoor Price first. It is the number that reflects what your home is worth in today's market, not the market from 18 months ago.

• Houses - HonestDoor Price: $917,387
• Condos - HonestDoor Price: $503,241
• House rental yield: 5.02% - strong income play if you are not ready to sell
• Condo growth rank: 41 out of 175 Winnipeg neighbourhoods
• House growth rank: 95 out of 193 Winnipeg neighbourhoods

Wellington Crescent is not a neighbourhood that needs hype. The numbers speak for themselves. The question is whether you are using the right numbers - and right now, the HonestDoor Price is the one worth knowing.

This information is all based on our opinions based on the information available to us. Everyone's situation may be different and you should reach out to us for more personalized information.